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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

Comment by Insightful1on May 23, 2021 11:39am
121 Views
Post# 33255283

RE:RE:Some insight

RE:RE:Some insightI think the issue with MedX is they have said that they are engaged in a number of large scale contracts in mutiple countries. This is the tough part as investors, these type of contracts move at a very slow pace but once you get the go ahead it is large recurring revenue base to MedX for years to come. The Netherlands is a perfect example.
MedX making a big announcement about melanoma month is really wasting bullets as they have so few installs across Canada that it would be a waste of capital to announce the ease of this technology without having a place where people can go and be scanned. I am confident MedX will close some of these major contracts and then that will prove their strategy is correct. 


An earlier poster commented about Dr. Champagne's qualifications being more administrative, this is factually incorrect.Here is his Bio from the Clevland Clinic;

https://my.clevelandclinic.org/canada/staff/champagne-trevor

Here are his areas of specialt interest;

Specialty Interests

  • E-Health
  • Teledermatology
  • Artificial intelligence as applied to dermatology


He is the perfect Medical Advisory Chairman in my opinion.
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