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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 Mar 11, 2020 10:52pm
152 Views
Post# 30796981

RE:RE:RE:RE:Answering the questions again and again

RE:RE:RE:RE:Answering the questions again and again

MedX is fully compliant for Canada. It is PIPEDA, HIPAA, and GDPR compliant. Each initiate MedX does has various timelines depending on the scale of the launch. MedX is pursuing opportunities globally. Some of these opportunities are faster than others Brazil happened to be very fast on the adoption curve. If you study "the diffusion of innovation" you would understand Canada is a late adopter of healthcare technology. So MedX has many initiatives underway. This was the explaination at the most recent investor presentation. 

You get Brazil just placed an order that will represent $3 million in the first year once it is deployed. You cannot seem to accept this shows the platform works and there is a strong need in markets that are early adopters. Once you open one you get a bit of a domino effect. With the bear market underway I cannot imagine how the rest of your portfolio must be doing? But then again you invested in MedX because of your emotional commitment to see it do well. GMAB 

Bullboard Posts