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Medx Health Corp V.MDX

Alternate Symbol(s):  MDXHF

MedX Health Corp. is a medical device and software company. It develops and manufactures skin-related screening tools and phototherapy devices for pain relief and tissue repair. It focuses on skin health with its SIAscopy on DermSecure telemedicine platform, utilizing its SIAscopy technology. SIAscopy is a medical device technology that is used to scan skin for suspicious moles and lesions and, including DermSecure, its telemedicine software application, and phototherapeutic medical devices, which use light energy in lower-level laser and light-emitting diode to provide treatment of pain and tissue damage in the rehabilitation market. Its products SIAMETRICS, SIMSYS, and MoleMate include hand-held devices that use patented technology utilizing light and its remittance to view up to two millimeters beneath suspicious moles and lesions in a pain free, non-invasive manner. Its SIAscopy on DermSecure telemedicine platform enables the Web-based operation of its SIAscopy scanning technology.


TSXV:MDX - Post by User

Bullboard Posts
Comment by Insightful1on Dec 01, 2019 6:51pm
93 Views
Post# 30411288

RE:My Understanding..

RE:My Understanding..i think you are on the right track. MedX has been saying for a while it is deeply scalable. If Brazil gets clearance and starts with a sizeable order then we get the picture that you have articulated that revenue numbers could be quite extrraordinary. I know they were asked a question if they could produce enough scopes to handle demand at their existing ISO 13485 facility and they said NO however they have found a third party ISO manufacturer that could handle volume and could drop ship anywhere in the world. They have been working with them and would expect their manufacturing costs to come down a bit with volume.

I am expecting solid news shortly and expect 2020 to take the market by suprise.  
Bullboard Posts