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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 Jun 12, 2013 11:34am
170 Views
Post# 21515499

RE: new article

RE: new article

I really enjoyed reading this bit: 

 

"He says the company plans to follow the same regulatory pathway as Aura for the Core, gaining approvals in Canada and Europe, and launching the device in non-U.S. markets in 2014.

The company also is in the process of expanding the indications for Core. Mr. Braun says the BC Cancer Agency has received grant funding to start a colon cancer study this year using the Core technology at Vancouver General Hospital. In Asia, a pilot study has been done in Singapore on esophageal cancer, and in China, a study will start this year on nasopharyngeal cancer.

“What this means is that every couple years, we have the potential to launch a new product, and with these new products, we have the potential to be selling 100 units per quarter,” Mr. Braun suggests."

Bullboard Posts