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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 Nov 17, 2021 1:53am
105 Views
Post# 34134851

RE:RE:RE:RE:RE:Turkey's population is over is 84 million

RE:RE:RE:RE:RE:Turkey's population is over is 84 millionI do not understand at any level how you came to that understanding. MedX gets paid (revenue) from the moment they commence a pilot/trial. They do not donate the hardware they get paid (revenue) they get paid per consult (scan fee) so if they are running numerous trials globally then every trial is contributing revenue immediately. As trials/pilots prove to be valuable then they would naturally convert to more locations being deployed and more revenue being added. 
It goes back to my earlier post that MedX gave guidance they were now commencing a number of trials that would allow investors to see revenue traction and be able to get some understanding of the potential revenue from each pilot/trial site.

If you go back to the Italian announcement it is laid out there;


Europe continues to be a strong focus of MedX’s global commercialization strategy, following the ongoing success of its pilot program in the Netherlands. The MedX and Vitamed pilot program in Italy is expected to be in-market for 60 days from October to November 2021. Pending its successful completion, the MedX DermSecure® Screening Platform will become more widely available at pharmacies, GP clinics and insurance companies across Italy, as the next step in the commercialization strategy in this market. MedX will continue to build on this momentum with additional pilots anticipated later this year.
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