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Bullboard - Stock Discussion Forum Medx Health Corp V.MDX

Alternate Symbol(s):  MDXHF

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,... see more

TSXV:MDX - Post Discussion

Medx Health Corp > News | Rollout of DermSecure(R) in Netherlands
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Post by csutton10 on Dec 14, 2020 6:41pm

News | Rollout of DermSecure(R) in Netherlands

2020-12-14 03:24:02 PM ET (BusinessWire)

MedX Health Corp. ("MedX" or the "Company") (TSX-V: MDX), a global leader in teledermatology, announces that it has begun the rollout of DermSecure(R), MedX's skin screening telemedicine platform, across the Netherlands in partnership with national telehealth leader The Netherlands Institute for Prevention and Health ("IVPG").

"Telehealth allows us to assess patients, relay test results and provide video consultations with IVPG doctors, ultimately offering greater access to medical specialists during the COVID-19 crisis," commented Paul Vlaanderen, IVPG Founder & CEO. "This improved access to healthcare specialists has directly resulted in higher quality care and the ability for patients to play a greater role in their healthcare management. We opened two locations in November and experienced substantial interest in the skin screening service, completing over 800 assessments on nearly 500 patients so far, and the DermSecure platform worked flawlessly. We will add another three locations, Rotterdam, Utrecht and Den Haag, to our IVPG network in 2020. IVPG further plans to bring the total number of scanning centers to 41 by 2022."

"According to the World Cancer Research Fund, the Netherlands is ranked fifth globally for melanoma skin cancer. We know that early detection of skin cancer results in lower mortality rates, lower health care costs and much better patient outcomes. MedX's advanced imaging technology and secure, scalable, teledermatology platform was a perfect fit to address the need for rapid skin screening in the Netherlands," continued Mr. Vlaanderen.

Naman Demaghlatrous, MedX's Managing Director, Europe, Middle East and Africa, was very impressed with the results of the implementation, stating, "Building on our pilot project with IVPG, DermSecure(R) provides the requisite security and scalability to open multiple centers and expand this partnership significantly. We are honoured to work with Mr. Vlaanderen as he has been a pioneer in championing telehealth in the Netherlands. We look forward to playing a crucial role in enhancing Netherlanders' access to early screening and thereby reduce skin cancer deaths."

About MedX

MedX, headquartered in Mississauga, Ontario, is a leading medical device and software company focused on skin health with its SIAscopy(R) on DermSecure(R) telemedicine platform, utilizing its SIAscopy(R) technology. SIAscopy(R) is also embedded in its products SIAMETRICS(TM), SIMSYS(TM), and MoleMate(TM), which MedX manufactures in its ISO 13485 certified facility. SIAMETRICS(TM), SIMSYS(TM), and MoleMate(TM) include hand-held devices that use patented technology utilizing light and its remittance to view up to 2 mm beneath suspicious moles and lesions in a pain-free, non-invasive manner, with its software then creating real-time images for physicians and dermatologists to evaluate all types of moles or lesions within seconds. These products are Health Canada, FDA, TGA and CE cleared for use in Canada, the US, Australia, New Zealand, the European Union, Brazil and Turkey. MedX also designs, manufactures and distributes quality photobiomodulation therapeutic and dental lasers t o provide drug-free and non-invasive treatment of tissue damage and pain. www.medxhealth.com

About IVPG

IVPG is a Netherlands based Institute for Prevention and Health using telehealth for the delivery of digital healthcare. We are a collaboration of doctors and specialists. Together we help the Dutch to live a healthy and energetic life. IVPG provides the Dutch people with health information, free preventive examinations and advice to give more in-depth insight into their health. Although we are not always in control of our health, we can often manage it. That is our commitment. www.ivpg.nl

Comment by Dunworkin2 on Dec 14, 2020 7:05pm
I like the sounds of that! 5 units sold in 2020, growing to 41 by 2022. Nice start, I'm sure more announcements will follow. Over due, but well done just the same.
Comment by bogeyfree on Dec 14, 2020 7:56pm
Well done indeed! Hopefully, there's more to come in a near future.
Comment by hopefull on Dec 14, 2020 8:03pm
totally excited again. But we have been here before. What will be critical is the next news release, will it be a negative one or more positive. This could be the turning point we have all been hoping for. Fingers crossed. Still remaining hopeful.
Comment by Infidel_ on Dec 15, 2020 5:23pm
what is the cost associated with implementing and running this and does the company have it?  well, the company doesn't have any money as far as we can tell, so there still has to be a financing soon. not to be a debbie downer but i wouldn't get too excited, just look back at other news releases about big sales breakthroughs here and there - did anything come of those? congrats on ...more  
Comment by hopefull on Dec 15, 2020 5:43pm
true enough and we still haven't heard from management how they will try to combat this. How to make a profitable company and how the reward those who stayed with them. The dilution is deep. Would like a scenario that pitches what 1year out looks like and use a 1$ figure to explain how the dilution would dissipate.
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