SQI Diagnostics Inc V.SQD.H

Technology Scientific & Technical Instruments

SQI Diagnostics Inc. is a Canada-based company that is focused on lung health. The Company is engaged in the development and manufacturing of respiratory health and precision medicine tests that run on its fully automated systems. Its clinical solutions include Rapid Acute Lung Injury Diagnostic (RALI-Dx), lung transplant diagnostics, COVID-19 testing and surveillance testing solutions. Its RALI-Dx IL-6 Severity Triage Test and the RALI-fast IL-6 Severity Triage point of care (POC) Test each help clinicians identify which patients with SARS-CoV-2 are predicted to have a severe inflammatory response and should or should not be admitted to the hospital. Its RALI-Dx delivers results from the lab in less than an hour while RALI-fast delivers results at the patient point-of-care in about 15 minutes. The Company’s TORdx LUNG Test measures inflammation at the molecular level to assess the health of the donor lung. The Company is also focused on its organ transplant pipeline of products.

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SQI Diagnostics Inc > Will We Get Through This

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Post by ResearchGuyon May 30, 2023 8:48pm

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Will We Get Through This

Well the numbers for Q2 don't particularly look good. Although there is some small glimmer of hope in the CEO's comments the Liquidity and Going Concern statements are once again drawing some worries regarding keeping the company moving forward. June 15 is that far into the distance and hopefully we are able to secure funds to keep the company moving forward.

Best of Luck to All.

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