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VentriPoint Diagnostics Ltd V.VPT

Alternate Symbol(s):  VPTDF

Healthcare Medical Devices
Ventripoint Diagnostics Ltd. is a Canada-based medical device company. It is engaged in the development and commercialization of diagnostic tools to monitor patients with heart disease. It develops a suite of applications for all heart diseases and imaging modalities, including congenital heart disease, pregnancy, pulmonary hypertension, COVID-19, technically difficult imaging and cardiotoxicity in oncology patients. It provides application of artificial intelligence to echocardiography. Its flagship product, Ventripoint Medical System (VMS+), enhances echocardiography to deliver cMRI levels of accuracy for volumetric measurements and ejection fractions for all four chambers of the heart. It has developed a solution that transforms cardiac care through its 3D ECHO and MRI software. VMS products are powered by its proprietary Knowledge Based Reconstruction technology, which is the result of a decade of development and provides accurate volumetric cardiac measurements equivalent to MRI.


TSXV:VPT - Post by User

VentriPoint Diagnostics Ltd > Financials on Sedar?
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Comment by Pandoraon Dec 01, 2021 1:23pm
121 Views
Post# 34185845

RE:Financials on Sedar?

RE:Financials on Sedar?
Pandora wrote:
I believe they have been posted.


One notable concern = Total Revenue for first 9 months of 2021 = Zero

From the MD&A:

VMS+3.0 Purchase Orders and Commitments to Customers


Over the last year, Ventripoint has been in dialogue with major cardiovascular centres in Canada, United

States, UK, and Europe to expand sales of VMS+3.0 units. The Company received purchase orders and
has committed to supply VMS+3.0 machines. Some of these purchases will be on a lease and pay-per-use
arrangement and so the Company will be building recurring revenue streams with these leading cardiac
centres. The Company continues to build its sales funnel by actively marketing the VMS+3.0. Twenty-one
systems have been installed to date worldwide, with a calendar year-end target of 25 to 30 units.
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