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 > Are there over 200 locations on the new map?

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Comment by Insightful1on Nov 27, 2021 10:26am

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Post# 34172016

RE:Are there over 200 locations on the new map?

I think the difference in this statement verses the map is DermSecure is in Norway there are 104 Boots pharmacy that have the legacy standalone system in place. MedX has sold additional scopes in other countries over the years which would account for the 200 number. This uses the standalone SIAscopy technology but does not have the recurring revenue that MedX recieves off of DermSecure. So this statement is accurate( 200 pharmacies) however the pivot to a SaaS model is where MedX's future is and that is why I think the locator map is being populated the way it is.

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