Pricey Shareholders,
As we shut out our first yr as a publicly-traded firm, your staff at
On the core of our evidence-based well being platform is an structure that places the person accountable for their psychological well being. Our customized perception system helps folks determine different pure cures for frequent situations and optimizations for the thoughts and physique. Customers can even join on-line with a circle of trusted well being practitioners, reminiscent of medical docs, naturopaths, therapists, herbalists and nutritionists.
Psychological Well being
The rise of psychological well being challenges from the COVID-19 pandemic can’t be overstated. In 2022, we continued to see the normal medical group grappling to satisfy the rising demand for companies to assist people cope with basic temper situations, reminiscent of anxiousness and melancholy. Pharmaceutical medicine and traditional medication play an vital position, nonetheless, there are evidence-based options which can be therapeutically useful as effectively. There’s important client curiosity in therapeutic therapeutic choices, reminiscent of plant-based pure cures, psychotherapy, behavioural conditioning instruments and academic self-guided packages with consumer-friendly know-how.
Investments within the behavioural well being business in 2021 have been at a file excessive, and investments this yr are on observe to be the second highest on file. From Amazon’s
Pure Options
Whereas psychological well being situations are on the rise, there may be additionally growing client curiosity in pure cures as a substitute for pharmaceutical drug remedies. Well being-conscious shoppers within the West are gaining better publicity to reasonably priced and accessible natural cures utilized in centuries-old therapeutic practices, reminiscent of Ayurvedic Drugs and Conventional Chinese language Drugs. Well being regulators, reminiscent of
World meals and drug firms continued to spend money on the pure treatment business this yr, as demonstrated by Nestle’s majority stake funding in Orgain, a
Customized Drugs
Discovering the precise pure treatment remedies for psychological well being situations has its challenges, given the distinctiveness of every particular person. The sphere of customized or precision medication seeks to tailor remedies that keep in mind variations in folks’s genes, environments, and life. Whereas pharmacogenomics could assist determine the precise pharmaceutical drug to work effectively for an individual’s distinctive DNA, nutrigenomics can present how a person’s genetic make-up could have an effect on whether or not a selected meals advantages well being and wellness.
With final yr’s acquisition by 23andMe of telehealth platform firm
Product Suite
Given the rise in psychological well being situations and the curiosity in pure and different remedies, we imagine there’s a important market alternative for a self-care platform that helps folks discover the precise pure treatment for his or her specific psychological well being situation. Our PanGenomic platform has been designed to generate income from particular person or bundled merchandise by way of a mixture of subscription-based pricing and one-time charges.
Our client app Nara and accompanying nara.care web site curate pure cures for people, and customers can be charged subscription charges to entry premium content material. Our scientific resolution assist platform PlantGx helps observe the efficacy of therapy packages utilizing our proprietary biomarker panel, aiding well being practitioners to optimize regimens for higher affected person outcomes. Well being practitioners can be charged for entry to premium content material and diagnostic assessments by way of subscription and one-time charges. Each of our Nara and PlantGx merchandise leverage genetic take a look at outcomes from 23andMe and Ancestry client DNA assessments.
With our latest acquisition of
As considered one of
Lastly, we want to thank all of our shareholders for his or her valued assist of our mission to assist folks with their psychological wellness journeys.
Regards,
Maryam Marissen                                                                                                     Â
President & CEO
CEO,
About
This information launch contains sure statements which may be deemed “forward-looking statements”, together with statements respecting the companies to be offered by PanGenomic and the consideration to be paid to PanGenomic. The usage of any of the phrases “anticipate”, “proceed”, “estimate”, “anticipate”, “could”, “will”, “would”, “undertaking”, “ought to”, “imagine” and comparable expressions are supposed to determine ahead wanting statements. Though PanGenomic believes that the expectations and assumptions on which the forward-looking statements are primarily based are cheap, undue reliance shouldn’t be positioned on the forward-looking statements as a result of PanGenomic may give no assurance that they may show to be appropriate. Since forward-looking statements deal with future occasions and situations, by their very nature they contain inherent dangers and uncertainties. These statements communicate solely as of the date of this Information Launch. Precise outcomes may differ materially from these at the moment anticipated attributable to a lot of components and dangers together with numerous threat components mentioned in PanGenomic’s disclosure paperwork which may be discovered beneath PanGenomic’s profile on www.sedar.com.
The Canadian Securities Change has neither accepted nor disapproved the data contained herein and doesn’t settle for duty for the adequacy or accuracy of this information launch.
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