VentriPoint Diagnostics Ltd V.VPT

RE:RE:Steps forward and still needed

[Retiremesouth]

This was sent out to investors who have signed up for updates after the NR:

Dear Stakeholder;

Attached is a press release announcing a new initiative to apply the VMS heart analysis technology to companion animals. Here is some background:

1. The versatility of the VMS system to be able to analyze very misshapen and enlarged hearts makes it an excellent technology to attempt to characterize animal hearts (which really are not all that different).
2. Initial testing in dogs has shown the same heart databases that work for human hearts work well for canine hearts and so the results from echocardiography are identical to MRI results in the few studies made available to us by the North Carolina State University (NCSU) veterinary school.
3. Hence, we have established a collaboration with the echocardiograph team at NCSU led by Dr. Bruce Keene to do a proper study showing the accuracy and reproducibility of the VMS in echo in dogs as compared to MRI.
4. There are no regulatory hurdles to apply the VMS to animals and so we will be able to begin marketing the VMS for companion animal use as soon as the study completes. It should not take long, but of course timing in the current pandemic setting is difficult to determine.
5. I was amazed at the number of people who have adopted a pet in the last year as COVID has made everyone less connected. I also know from my friends with pets that they are a true member of the family and are expected to have the same healthcare as the human members. When we started to explore the companion animal market we heard the same issues from vets as we hear from doctors who treat people - lack of accuracy, reproducibility and ease of analysis for echo and cost, sedation and lack of access to MRI. The VMS overcomes all these limitations.
6. We continue to be focused on cardiac diagnosis in children and adults, but since there are minimal adaptations needed to apply the VMS to companion animals and we have excellent collaborators willing to verify the system for this application, we have elected to expand our product offering.
7. Horses would be the logical next species to address as they also have heart problems. A friend of mine raises hypoallergenic horses and sells them for a lot of money. His vet spends a lot of time looking deter these special horses. Race horse would be another group of animals who would likely befit from detailed understanding of the heart function during training. Anyone know a vet in the race horse world?
8. The market is quite large with 30,000 vets and likely more than 100 million dogs as pets in the USA. Vet are also very interested in new procedures and equipment, which will allow them to build their businesses.

Thank you for your continue support and interest. If you have any questions please contact me.

Regards,

Dr. George Adams ICD.D
Executive-Chairman
Ventripoint Diagnostics Ltd.
TSXV-VPT
www.ventripoint.com
519-803-6937