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Imagin Medical Inc C.IME

Alternate Symbol(s):  IMEXF

Imagin Medical Inc. is a urologic oncology company. It is engaged in developing technologies to better visualize and treat urologic cancers through minimally invasive surgery, including bladder and prostate cancer. Its first product, enCAGE Coil, is designed to eliminate the limitations of other methods of prostate cancer treatment that can cause erectile dysfunction and urinary incontinence. The device is a disposable, focal therapy, precision ablation system that will deliver bipolar, radio frequency energy through a distinctive coil electrode, or cage. It enables the surgeon to preset margins for precise tissue targeting. Its second product, the i/Blue Imaging System, will bring several key technological advancements that improve the utility of blue light imaging for visualizing bladder cancer. The i/Blue System delivers blue light imaging technology in a more versatile, practical, and accessible format and is designed to work with existing fiberoptic endoscopes on the market.


CSE:IME - Post by User

Comment by Bobo23on Dec 12, 2020 9:13am
175 Views
Post# 32092721

RE:RE:RE:RE:Actually 5c. would be a gift.It should be ZERO. The company

RE:RE:RE:RE:Actually 5c. would be a gift.It should be ZERO. The company The company will not last the next few years for studies to be completed on the efficacy of the technology so that it can be specifically marketed to detect bladder cancer.  Then once the studies are done comes the long drawn out FDA approval process.  It could take 3-4 years IF the studies are positive.  You are better off selling and keeping tabs on the company and if they are still around there will be time enough to buy in without the risk.  They will require multiple more rounds of financing.  They only raised 3 million and in a recent quarter their burn rate was over $800,000!  The do not have enough money to last even one year.  The studies and FDA approval process will take much more time than that.  Sell take you $8000 and I bet in 2 years you could buy 3 times the stake in the company. If they are even still around.  In my opinion. 

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