Medx Health Corp V.MDX

Alternate Symbol(s): MDXHF

Healthcare Medical Devices

MedX Health Corp. is a medical device and software company. It develops and manufactures skin-related screening tools and phototherapy devices for pain relief and tissue repair. It focuses on skin health with its SIAscopy on DermSecure telemedicine platform, utilizing its SIAscopy technology. SIAscopy is a medical device technology that is used to scan skin for suspicious moles and lesions and, including DermSecure, its telemedicine software application, and phototherapeutic medical devices, which use light energy in lower-level laser and light-emitting diode to provide treatment of pain and tissue damage in the rehabilitation market. Its products SIAMETRICS, SIMSYS, and MoleMate include hand-held devices that use technology utilizing light and its remittance to view suspicious moles and lesions up to two millimeters (mm) beneath in a pain-free, non-invasive manner. Its SIAscopy on DermSecure telemedicine platform enables the Web-based operation of its SIAscopy scanning technology.

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Medx Health Corp > Insightful MIA???

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Comment by Shiotaon Oct 07, 2022 3:14pm

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Post# 35012984

RE:RE:RE:RE:RE:RE:RE:RE:RE:Insightful MIA???

That's an interesting take given the financial postion MedX is in. The technology in my opinion has value, the hardware is good, the SASS model is attractive in that it creates reoccurring revenue. A company like Richmar which has a similar portfolio and actually purchases some of MedX laser equipment rebranded of course would be a good fit. Bankruptcy could take years before the technology is released. I could imagine the legal fights for the rights to it. Like I've said in a earlier post, the product is good but the marketing and management is what I think killed it.

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