Post by
optiprime on Mar 16, 2011 1:41pm
Medisafe 1 Technologies (OTCBB:MFTH)
Medisafe 1 Technologies (OTCBB:MFTH)
Medisafe 1 Technologies MFTH.ob, currently
.13, has acquired the rights to U.S. patent #7347841 entitled, "Protector for administering medicine". With a market cap of only $7.75 million and technology that could save hospitals $121.5 billion per year, along with saving nearly 100,000 lives annually, this could become our top health care play of 2011!
MFTH.ob is seeking to commercialize their patented technology, which will ensure that never will hospitals administer medicine through hypodermic needles to the wrong person again!
MFTH.ob just received an endorsement for the national implementation of its barcoded syringe locking device, from Israel`s Pharmaceuticals Administration!
MFTH’s patented technology is a medical assembly with a locking mechanism that is intended to ensure the substance cannot be released from the hypodermic needle without positive pre-matching between the substance and its intended patient. When a doctor brings a syringe to a patient, before making the injection into the patient, the doctor must scan the barcode on the wristband of the patient. If it matches the barcode of the syringe, it will be unlocked so that the doctor can use it on the patient! Hospitals have 400,000 drug related injuries each year that result in 98,000 accidental deaths in the U.S. alone.
MFTH will make these accidental drug related accidents impossible to ever occur again and could save hospitals BILLIONS in lawsuits and other legal related costs! The annual cost of drug-related morbidity and mortality exceeds $177.4 billion per year, with 70% of it occurring in hospitals for an annual potential market size of $121.5 billion!
MFTH only has 50 million shares outstanding giving it a market cap at
.13 of just $7.75 million!
I believe MFTH could be a steal at this level with a market cap so low!
Research MFTH immediately! I believe it could potentially have a HUGE breakout week ahead!