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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 VRS77on Dec 14, 2013 4:35pm
382 Views
Post# 22006725

Facts v. fictions......

Facts v. fictions......Very informed article about Aura. Thanks. Now, facts v fictions:

- "one to two yrs before FDA approval"! = fiction, minimum 3 yrs after application submitted, and VRS did not submit anything, not yet.....
- price 60K= fiction,now we are told 40K, plus 6% royalty to inventors....
- accuracy? = questionable, docs are sceptical "we need large scale muticentral independent clinical study" to verify initial research clinical studies.....
- money?= fact, they are broke, no money for clinical studies, no way to confirm accuracy and plus without US clinical studies there will be no FDA application....
- who will pay?= fact, he said it "provincial health care will pay for Aura tests-when pigs fly".....
- 1500$ dermatoscope v. 40K Aura= fact, no doctor will buy in, at least not this one...
- Alberta doc is enthusiastic about Aura= fact, VRS is paying for each patient test......

IMHO the best case scenario for VRS would one ASAP buyout offer. The only problem is there are no buyers on horizon even at this ridiculously low price.

Bullboard Posts