Medx Health Corp V.MDX

Alternate Symbol(s): MDXHF

Healthcare Medical Devices

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.

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Medx Health Corp > Mike's Presentation

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Comment by Dunworkin2on Sep 16, 2021 8:01pm

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Post# 33875386

RE:RE:RE:Mike's Presentation

Personally, I think the challenge is with paying. For example, If i go to my Derm for a visit and she scans my body, OHIP covers it. I pay nothing.

If I go to Rexall and have two moles scanned, I pay Rexall for those two scans ($70-100?) and there is no re-imbursement to me. (Thats the problem i forsee. most people are to cheap to pay) . If the Derm reviews the siascopy scan and calls me in, again, this part is covered by OHIP.

Different rules for each province/country.

Maybe the Netherlands has better re-imbursement?, Not sure, but this is where investors place trust in MDX mgmt to launch only in countries that will have the highest rate of return....and success.

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