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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

Post by Dunworkin2on Oct 09, 2021 9:37am
179 Views
Post# 33991716

Exactly how many clinics are we in the Netherlands?

Exactly how many clinics are we in the Netherlands?

Given the write up in that Beacon report from December 2020,  it stated that within 12-18 months the expectation was to roll out siascopy to all 41 clinics in the Netherlands and that would produce about $3 million annually in recurring revenue.

We are 10 months in from that Beacon report, I think I read or heard that expansion in more clinics has started. (Good). Given the Netherlands is our best current siascopy revenue producer, does anyone know how many clinics we are in the Netherlands today, and if Mdx is on track to open up in the remainder of clinics there in the next 8 months or sooner.

Concrete numbers are what investors are seeking:

1) how many clinics are using siascopy in the NL today?
2) are we on track to open in the remaining clinics in the NL in the next 8 months?
3) are revenues from the 41 clinics still in the $3 million recurring revenue range? If not, what are the revised numbers?

Pretty simple really, investors would like an update to numbers provide in the Beacon report, which Medx would have provided to Beacon.

So Sylvain/Mike...can we have an update on the NL?





 

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