RE:Checkout @Money _ehtheNorm wrote:
on CEO.CA eom
"On August 26, the company announced a sponsorship for the 70th European society of cardiology congress. According to the congress reports, 40,000 participants from 170 countries will hear 5,000 medical presentations during the event, bringing Ventripoint another opportunity to inform the cardiology community how innovative its VMS+ products are.
It comes after echocardiologists in Latin America expressed a strong interest in Ventripoint’s products, according to news shared on August 10. According to the DIC-SBC Conference Chairperson, Dr. Marly Uellendahl, “VMS+3.0 is an innovative technology that generates three-dimensional data from two-dimensional echocardiogram data and will have a major impact on clinical practice for sure, especially in evaluating the right ventricle.” The company has engaged a representative in Brazil. He has initiated discussions with KOLs, distributors, and regulatory consultants to establish a market entry plan and asses the demand for the VMS+ products in this rich region. The regulatory process in Brazil has recently been changed, and it is estimated it will take 6 to 12 months to complete depending on the classification of the VMS+.
What to remember
-The company is significantly undervalued with a $80M market cap in a $6.7B+ industry; Ventripoint (VPT.V) has more than $7M in cash;
-The company sponsors many conferences to spread the VMS+ awareness;
-Ventripoint’s partnership with GE Healthcare will lead to a huge deal."