SQI Diagnostics Inc V.SQD.H

Healthcare Medical Devices

SQI Diagnostics Inc. is a Canada-based company that is focused on lung health. The Company is engaged in the development and manufacturing of respiratory health and precision medicine tests that run on its fully automated systems. Its clinical solutions include Rapid Acute Lung Injury Diagnostic (RALI-Dx), lung transplant diagnostics, COVID-19 testing and surveillance testing solutions. Its RALI-Dx IL-6 Severity Triage Test and the RALI-fast IL-6 Severity Triage point of care (POC) Test each help clinicians identify which patients with SARS-CoV-2 are predicted to have a severe inflammatory response and should or should not be admitted to the hospital. Its RALI-Dx delivers results from the lab in less than an hour while RALI-fast delivers results at the patient point-of-care in about 15 minutes. The Company’s TORdx LUNG Test measures inflammation at the molecular level to assess the health of the donor lung. The Company is also focused on its organ transplant pipeline of products.

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SQI Diagnostics Inc

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Comment by TankRebel2012on Dec 11, 2018 7:09pm

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Post# 29100313

RE:sales up in latest Q, but they sure burn cash

Money pit of doom lol

The net loss for the year ended September 30, 2018 was $7,437,000 ($0.06 net loss per share) as compared to $5,929,000 ($0.06 net loss per share) for the year ended September 30, 2017.

Ouch. 7.5 million dollar lost. in only one year.

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