GlucoTrack(GCTK)

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Glucotrack Announces Repurchase of Series A Warrants
GlobeNewswire News Room· 2025-07-08 12:30
RUTHERFORD, N.J., July 08, 2025 (GLOBE NEWSWIRE) -- Glucotrack, Inc. (Nasdaq: GCTK), a medical device company focused on the design, development, and commercialization of novel technologies for people with diabetes, today announced that it has successfully repurchased over 90% of its outstanding Series A Warrants from warrant holders on June 30, 2025. The repurchase was completed as part of the Company’s capital formation strategy and reflects its continued confidence in its product development of a long-te ...
Glucotrack and OneTwo Analytics Present Positive Final Results of First-In-Human Study for Continuous Blood Glucose Monitor at American Diabetes Association’s 85th Scientific Sessions
GlobeNewswire· 2025-06-25 12:30
Comprehensive analysis confirms safety and strong accuracy of Glucotrack's innovative blood-based continuous glucose monitoring technology, with MARD of 7.7%RUTHERFORD, N.J. and STOCKHOLM, June 25, 2025 (GLOBE NEWSWIRE) -- Glucotrack, Inc. (Nasdaq: GCTK), a medical device company focused on the design, development, and commercialization of novel technologies for people with diabetes, today announced results from its completed first-in-human clinical study presented at the American Diabetes Association’s (AD ...
Glucotrack Announces Reverse Stock Split Shareholder Approved Action Meets NASDAQ Panel Hearing Listing Requirements
Globenewswire· 2025-06-12 13:05
1-for-60 reverse stock split to become effective as of the opening of trading on June 16, 2025 Rutherford, NJ, June 12, 2025 (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 effect a 1-for-60 reverse stock split (the “Reverse Stock Split”) of its issued and outstanding common stock par value $0.001 per share (t ...
Glucotrack to Showcase Long-Term Continuous Blood Glucose Monitor at American Diabetes Association's 85th Scientific Sessions
GlobeNewswire News Room· 2025-06-04 12:30
Glucotrack to present on next-generation continuous blood glucose monitoring technology in Innovation Hub Poster presentation to highlight insights on safety and performance data from direct blood glucose measurement technology RUTHERFORD, N.J., June 04, 2025 (GLOBE NEWSWIRE) -- Glucotrack, Inc. (Nasdaq: GCTK), a medical device company focused on the design, development, and commercialization of novel technologies for people with diabetes, today announced it will present safety and performance data from it ...
Glucotrack Strengthens Board of Directors with Election of Victoria E. Carr-Brendel, PhD
Globenewswire· 2025-05-28 12:30
Experienced medical device executive with deep expertise in implantable technologies joins Glucotrack as Company advances development of long-term implantable blood glucose monitoring technology RUTHERFORD, N.J., May 28, 2025 (GLOBE NEWSWIRE) -- Glucotrack, Inc. (Nasdaq: GCTK), a medical device company focused on the design, development, and commercialization of novel technologies for people with diabetes, announced today that Victoria E. Carr-Brendel, PhD, was elected to the Company's Board of Directors, e ...
Glucotrack Establishes Patient Advisory Board to Inform Diabetes Technology Development
Globenewswire· 2025-05-20 12:30
About Glucotrack, Inc. Patients get a seat at the table in development of long-term implantable continuous blood glucose monitoring technology RUTHERFORD, N.J., May 20, 2025 (GLOBE NEWSWIRE) -- Glucotrack, Inc. (Nasdaq: GCTK), a medical device company focused on the design, development, and commercialization of novel technologies for people with diabetes, today announced the formation of a Patient Advisory Board (PAB) comprised of leading patient voices and advocates within the diabetes community. Following ...
GlucoTrack(GCTK) - 2025 Q1 - Quarterly Report
2025-05-14 21:20
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________________ to ________________ Commission File Number: 001-41141 GLUCOTRACK, INC. (Exact name of registrant as specified in its charter) Delaware 98-0668934 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 301 Route 17 North, Suite 800 Rutherford, ...
GlucoTrack(GCTK) - 2025 Q1 - Quarterly Results
2025-05-14 21:15
Exhibit 99.1 Glucotrack Reports First Quarter 2025 Financial Results and Recent Corporate Highlights On track to implant first patients in long-term, multicenter feasibility study of the fully implantable continuous blood glucose monitor (CBGM) system in Australia in Q3 2025 Investigational Device Exemption (IDE) approval for novel CBGM technology from FDA expected in Q4 2025 Rutherford, NJ, May 14, 2025 (GLOBE NEWSWIRE) — Glucotrack, Inc. (Nasdaq: GCTK) ("Glucotrack" or the "Company"), a medical technology ...
Glucotrack Reports First Quarter 2025 Financial Results and Recent Corporate Highlights
Globenewswire· 2025-05-14 21:10
Core Insights - Glucotrack, Inc. is progressing towards the initiation of a long-term multicenter feasibility study for its fully implantable continuous blood glucose monitor (CBGM) system in Australia, expected to begin in Q3 2025 [1][6] - The company anticipates receiving Investigational Device Exemption (IDE) approval from the FDA for its novel CBGM technology in Q4 2025 [1][6] - The CEO expressed confidence in the clinical study's potential to enhance the body of evidence supporting the CBGM system, while also focusing on strengthening the company's capital structure [2] Product and Clinical Development - The company received ethical approval in Australia to start a long-term clinical study involving participants with type 1 and type 2 diabetes [6] - Glucotrack is participating in the FORGETDIABETES initiative, which aims to develop an artificial pancreas for type 1 diabetes, utilizing its CBGM technology for real-time glucose data [6] - A collaboration with OneTwo Analytics has been established to apply AI and machine learning to clinical study data, aiming to gain deeper insights into the technology's performance [6] - A first-in-human clinical study of the CBGM was successfully completed, meeting its primary endpoint with no serious adverse events reported [6] Financial Results - Research and development expenses for Q1 2025 were $1.9 million, a decrease from $2.1 million in Q1 2024, primarily due to timing in product development activities [7] - Marketing, general, and administrative expenses increased to $1.6 million in Q1 2025 from $0.8 million in Q1 2024, mainly due to higher legal and professional fees [8] - The net loss for Q1 2025 was $6.8 million, compared to a net loss of $2.9 million in Q1 2024, largely due to a non-cash change in fair value of derivative liabilities [9] Cash Position - As of March 31, 2025, cash and cash equivalents were $9.1 million, up from $5.6 million at the end of 2024, attributed to $6.4 million from financing activities [10] - The company believes its existing cash will be sufficient to fund its 2025 operating plan, including the initiation of human clinical trials [11] Milestones and Future Plans - The company plans to implant the first patients in the long-term multicenter feasibility study of the CBGM system in Australia in Q3 2025 [6] - IDE approval from the FDA for a long-term multicenter pilot study of the CBGM system is anticipated in Q4 2025 [6]
Glucotrack Announces Ethical Approval for Long-Term Clinical Study of Continuous Blood Glucose Monitor
Globenewswire· 2025-05-13 12:01
Core Insights - Glucotrack, Inc. has received ethical approval for a long-term clinical study of its continuous blood glucose monitor (CBGM) for type 1 and type 2 diabetes patients [1][2] - The study will enroll up to 30 participants and evaluate the device's performance and safety over an initial period of 1 year, with potential extension to 3 years [2][4] - The CBGM is designed to provide real-time blood glucose measurements directly from blood, offering advantages over traditional systems that measure interstitial fluid [3][4] Company Overview - Glucotrack, Inc. focuses on the design, development, and commercialization of innovative technologies for diabetes management [6] - The CBGM is a long-term implantable system with a sensor longevity of up to 3 years and minimal calibration required [7] Clinical Study Details - The study will be led by Professor David O'Neal and will take place at St. Vincent's Hospital Melbourne [2][3] - The first patient implants are expected to occur by July 2025 [2] - The study aims to address key challenges faced by diabetes patients, including the need for extended sensor life and the elimination of on-body wearables [4]