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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 1stockwatcheron Jun 21, 2021 12:35pm
118 Views
Post# 33420680

RE:RE:RE:The Future of Dermatology – Exploring Virtual Care

RE:RE:RE:The Future of Dermatology – Exploring Virtual Careit seems like you hit a bullseye. they don't have answers.

How can you have answers to a Hail Mary Business Plan??? You make a contact (usually one that has only a minor profile) and you toss them out into the world like a hail mary pass. You hope the "plan" connects but it is all out of your control. 

It seems that MedX hasn't developed a stable of Dermatologists eager to "read" the scans, so whoever they rope in to try this tech needs to develop they systems and protocols to identiy if they can run the system profitably. So far doesn't seem there has been much success out there.

Until MedX has a Turnkey business model with a stable to Dermatologist willing to read the scans and that is integrated into the Medical model of the various juristictions I'm afraid it will take a long time to generate significant revenue.

I hould have sold 2/3rds of my holdings at 23.5 cents rather then only a 1/3rd. This looks like it is going to take a lot longer to get traction then we all thought. 
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