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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
Comment by electricsocketson Jan 09, 2013 11:27am
253 Views
Post# 20814988

RE: RE: RE: German distributor

RE: RE: RE: German distributor

Here's some useful DD that I have summarized on MELA for those wanting to compare: 

 

  • Melafind is a signed user agreement - the doctor never owns the device. 
  • Manufacturing cost is est. to be ~$35,000 per unit
  • A Dermatologist pays a $7500 placement fee which Mela amortizes the revenue over several quarters. This includes device placement, training and 25 memory cards. 
  • where the firm will really make their revenue is if the device receives heavy daily use 
  • Mela Science would like a scan per hour however early adoptors have been approx 6 scans per day
  • The device stores patient info -something the Aura does not - so for privacy reasons it is stored on a micro SD card that the firm calls the "Electronic MelaRecord" (sure sounds better then SD card)
  • the Electronic MelaRecord is require by a patient and Mela charges $50.00 - i believe 1-3 moles/scans per card. I am unsure of the specifics for card use - eg multiple patient uses? 
  • MelaRecords are sold in boxes of 50 cards. 
  • In Germany Mela is revenue sharing with some early Derm adaptors 
  • In Germany Mela signed a 2 yr agreement with Quintiles Commercial Germany GmbH for commercialization support for Melafind. I believe they have hired 2 full time staff with a goal of 75 placements by March'13.
  • In Germany Melafind is made by Askion
  • In the USA Mela has hired and maintains their own in-house sales and commercial support staff ($$$$$!!!!)

 

Just my personal points - maybe you can add to them or correct me if I missed something. 

Good luck.

Bullboard Posts