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Verisante Technology Inc. V.VRS


Primary Symbol: V.VER.H

Verisante Technology Inc is a Canada based medical device company. It is engaged in commercializing medical systems for the early detection of cancer. The products of the company are Verisante Aura which is for skin cancer detection and Verisante Core which is for lung, colon and cervical cancer detection. It utilizes a cancer detection platform while the operating software and probe technology. The group generates revenue from the sale and renting of its medical devices.


TSXV:VER.H - Post by User

Bullboard Posts
Post by gaserx2on Mar 09, 2012 1:32pm
678 Views
Post# 19650163

Sales and FDA

Sales and FDA

My thoughts on moving forward. In several prior posts on SH, some posters commented that the Share price would not advance until we get FDA approval. I agree that this will definitely be a plus. However, I feel that we will move much higher in price once we have sales and placed units in the approved markets we have to date. This being Canada, Europe, Australia and Brazil which is a probable given.

These are very large markets and I think its going to take just one tiny spark to ignite the fuel. We always seem to hang our hats on the good ole USA, and I agree it is a very large market and will definitely enhance the future of VRS, but it is my belief that once the FDA and American medical system start to see and hear of the successes of this technology, they may very well fast track it through the FDA process. I'm sure the medical system and USA technologists will not want to be left trailing behind other countries that have medical advancements superior to their own. All it will take is a rush of patients from the USA heading toward Canada for Cancer sreening and BINGO the US Meds will act. Canada is a short hop to the Ontario and BC borders. All this IMHO.

I have thoughts about the  placement and initial rollout of the units, but shall reserve that for a future discussion for now.

Bullboard Posts