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GLUCOTRACK TO PRESENT IN THE JUNE 2024 SIDOTI SMALL CAP CONFERENCE

Key Takeaway: Glucotrack, Inc. (Nasdaq: GCTK) will showcase its innovations at the Sidoti Small Cap Investor Conference on June 12, 2024, with CEO Paul V. Goode presenting. The company is focusing on the development of a long-term implantable continuous blood glucose monitoring system aimed at improving the lives of people with diabetes. Their technology promises sensor longevity exceeding two years without requiring a wearable component. While the participation in the conference could enhance visibility and attract investment, there are notable risks including dependence on regulatory approvals and capital raising efforts.

Market Sentiment Analysis

POSITIVE FACTORS

  • Participation in a recognized investor conference highlights company visibility.
  • New continuous blood glucose monitoring technology could improve diabetes management.
  • CEO presentation may attract potential investors and partners.

CONCERNS & RISKS

  • Reliance on forward-looking statements may lead to uncertainty.
  • Potential challenges in raising capital for operations.
  • Regulatory approval timeline could impact the commercialization of their technology.

Full Press Release Details

Rutherford, NJ, June 10, 2024 (GLOBE NEWSWIRE) -- Glucotrack, Inc. (Nasdaq: GCTK) (“Glucotrack” or the “Company”), a medical technology company focused on the design, development, and commercialization of novel technologies for people with diabetes, today announced that it will participate in the Sidoti Small Cap Investor Conference.
Paul V. Goode, CEO of Glucotrack, will present on Wednesday, June 12, 2024 at 3:15 PM ET and will hold one-on-one meetings. Interested parties may register using the following webcast link: https://sidoti.zoom.us/webinar/register/WN_3OUskG4NTs2IvCBJSB4b4w#/registration
About Glucotrack, Inc.
Glucotrack, Inc. (NASDAQ: GCTK) is focused on the design, development, and commercialization of novel technologies for people with diabetes. The Company is currently developing a long-term implantable continuous blood glucose monitoring system for people living with diabetes.
Glucotrack’s CBGM is a long-term, implantable system that continually measures blood glucose levels with a sensor longevity of 2+ years, no on-body wearable component and with minimal calibration. For more information, please visit http://www.glucotrack.com. Information on the Company’s website does not constitute a part of and is not incorporated by reference into this news release.
Forward-Looking Statements
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the generality of the foregoing, words such as “believe”, “expect”, “plan” and “will” are intended to identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, management. These statements relate only to events as of the date on which the statements are made, and Glucotrack undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. All of the forward-looking statements made in this press release are qualified by these cautionary statements, and there can be no assurance that the actual results anticipated by Glucotrack will be realized or, even if substantially realized, that they will have the expected consequences to or effects on us or our business or operations. Readers are cautioned that certain important factors may affect Glucotrack’s actual results and could cause such results to differ materially from any forward-looking statements that may be made in this news release. Factors that may affect Glucotrack’s results include, but are not limited to, the ability of Glucotrack to raise additional capital to finance its operations (whether through public or private equity offerings, debt financings, strategic collaborations or otherwise); risks relating to the receipt (and timing) of regulatory approvals (including U.S. Food and Drug Administration approval); risks relating to enrollment of patients in, and the conduct of, clinical trials; risks relating to Glucotrack’s future distribution agreements; risks relating to its ability to hire and retain qualified personnel, including sales and distribution personnel; and the additional risk factors described in Glucotrack’s filings with the U.S. Securities and Exchange Commission (the “SEC”), including its Annual Report on Form 10-K for the year ended December 31, 2023 as filed with the SEC on March 28, 2024.

Tags

medical technology company
SIDOTI SMALL CAP CONFERENCE

Frequently Asked Questions

What is Glucotrack, Inc. focused on?

Glucotrack, Inc. specializes in developing technologies for diabetes management.

When will Glucotrack present at the Sidoti conference?

Glucotrack will present on June 12, 2024, at 3:15 PM ET.

What kind of monitoring system is Glucotrack developing?

They are developing a long-term implantable continuous blood glucose monitoring system.

How long does Glucotrack's sensor last?

The sensor has a longevity of over 2 years with minimal calibration.

Where can I find more information about Glucotrack?

More information is available on Glucotrack's website at www.glucotrack.com.

Last updated: Jun 10, 2024