Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Empower Clinics Inc EPWCF

Empower Clinics Inc. is a Canada-based integrated healthcare and medical device company with multi-disciplinary clinics. The Company provides body and mind wellness for patients through its medical clinics, digital and telemedicine care, medical diagnostics laboratories, and sale of medical devices. Its segments include Health & Wellness, comprising clinic operations, patient visits, and telemedicine services; Diagnostics & Technology, comprising the diagnostic testing services provided by Kai Medical, and the sale of medical equipment by Kai Medical Canada Corp. and MediSure; and Corporate. It is focused on offering clinical trial services, such as clinical trial design, patient recruitment, data management and regulatory compliance for the pharmaceutical, biotechnology and medical device industries. It has two clinical research sites in Dallas, Texas, becoming a site management organization (SMO) with six principal investigators (PI) with multiple clinical trials under application.


GREY:EPWCF - Post by User

Post by 7Twiggyon Mar 12, 2021 4:25pm
254 Views
Post# 32787883

From Yahoo finance discussions

From Yahoo finance discussions
My notes of the Highlights from Wed Mar 10 Interview w Steve, CEO:
MEDX - Been working on it 4-6 wks. Cdn Clinics will pilot & operationalize it. Doctor can use hand held scanner to upload images to send to Dermatologist for quick response & diagnosis. Melanoma will be able to be addressed immediately. The successful pilot will lead to rollout of all Empower Clinics & Network.
- Looking at adding Cardiology & other Diagnoatic testing to add to Clinic services. Interested in value added care good for patients, nice margin, & accretive revenue. Can dramatically improve family health & add value to improve accessible Healthcare services.

KAI LABS - have a prescribed strategy. Invest in strong R&D capabilities. Since Oct 6, volume keeps doubling. Start of year has been Tremendous. Now developing Kai Test online Consumer platform. Presently in the final days of completing Q&A development of the online platform so its perfect. Once it is live for a few weeks and running smoothly, will start advertising campaign.
- Kai Saliva PCR tests is first of many tests that are coming in the future that can be delivered to people at home to administer. Kai is developing a new line of diverse R&D based self administered health tests. These will be added to the Kai Test Consumer platform. Creating opportunities to connect to millions of patients & consumers.
Goals are to improve cycle time & delivery of healthcare by putting more control into the hands of consumers to manage their wellness. Want to provide better access.
- Giving resources to Kai to accelerate R&D cycle time to develop new Test products for the markets we serve. Goal is access to millions of people in these markets.

- LOOP Partnership - Plans to expand partnership. Loop has a great Tech stack and value to create Design for Digital Wallet passes & Workflow. Working on Govt & Corp Bids & contracts together with Loop Tech + Kai testing to lift Travel bans.
- Working w Sports & Travel partners on proof of Concept to potentially test pilot solutions.

DTC UPDATE - Fees are paid, Govt paperwork completed. Hopeful DTC will come in March. Will increase access to US investors to invest in Empower.

3 CLINICS - Expect to open doors in May-June. Each has a different build out schedule. Many more Clinics are in process of Recruiting Docs & choosing Rexall Pharmacy locations. Will be constantly building out & opening more Clinics for years.

DFW AIRPORT BID - Interacting in communication with bidding process of fact checking & clarifying & decision process. It's the 2nd largest Airport in the world. 5 miles away from Kai.

LAST TIDBITS for next few Mths & Quarters.... Focus on partnerships.
1. Rollout of Healthcentres to market. Using intelligent approach.
2. Science R& D led by Kai testing. Demand is high. Participating in bids
3. Healthcare Tech - Like the MEDX partnership. Looking at more diagnostic tech to speed up testing. Improving access for patients. Helping Docs give better more effective care. Ability to reach more patients (millions) in the markets we serve.
4. Continue to have Acquisitions. Deal pipeline is strong. DD is key. Have extra money in the bank right now. Use a frugal approach and preserve capital appropriately. Have a tidy balance sheet. Spending money thoughtfully on R&D now with Kai.
THEME----- FOCUS ON EXECUTION------
Thank you to Investor base.
Grateful for support. Will continue to work diligently on behalf of Shareholders.

<< Previous
Bullboard Posts
Next >>