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VentriPoint Diagnostics Ltd V.VPT

Alternate Symbol(s):  VPTDF

Ventripoint Diagnostics Ltd is a Canada-based medical device company. The Company is engaged in the development and commercialization of diagnostic tools that monitor patients with heart disease. It is developing a suite of applications for all heart diseases and imaging modalities, including congenital heart disease, pregnancy, pulmonary hypertension, COVID-19, imaging, and cardiotoxicity in oncology patients. The Company’s Ventripoint Medical System (VMS+) is a diagnostic aid that was developed to provide a point-of-care solution to better communicate the heart’s structure and function without the need for magnetic resonance imaging (MRI). VMS+ enhances ultrasound, providing three-dimensional (3D) technology that allows for visualization of all four chambers of the heart. The system’s proprietary Knowledge Based Reconstruction (KBR) technology creates 3D models of the heart and calculates volumes and ejection fractions equivalent to the gold-standard Magnetic resonance imaging (MRI).


TSXV:VPT - Post by User

Comment by GrahamBon May 31, 2023 2:24pm
48 Views
Post# 35473130

RE:RE:RE:What was said, What Happened?

RE:RE:RE:What was said, What Happened?

You'll be smiling in September

100% conversion rate


Can't keep up with demand

75 to 100 sales in 2022


 6 purchases have been made year to date and 5 more expected by the end of January to add to the 29 deployed VMS+ units to achieve 40 committed units

 

The Company has aggressively marketed its VMS+ products at 12 medical conferences this year and engaged hundreds of clinicians.  The Company had set a target of 40-45 systems committed to customers by year end.  The company has received 6 purchase orders year to date, including orders from Europe, UK, and United States, has 3 installations being arranged and 5 more purchase orders are expected by end of January.

 

What happened:

 

3,890 sales in Q1

 

1,344,888 is the Total loss in the Quarter 

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