Bullboard - Stock Discussion Forum Medx Health Corp V.MDX

Alternate Symbol(s): MDXHF

Healthcare Medical Devices

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

Add To Watchlist

TSXV:MDX - Post Discussion

Medx Health Corp > Huge Disappointment

View:

Post by Redrum180 on Jul 07, 2021 3:40pm

Huge Disappointment

Has it crossed anyone's mind that if this technology is what the company says it is, it should be attracting more interest in the market and by competitors?

Why wouldn't DermTech make a buyout offer for MEDX if they can analyze skin lesions more cheaply and effectively? Could one or more of their patents be problematic? I would love to know why DermTech has shown what seems to be zero interest in acquiring this company.

I am long this company's shares and want them to be successful but the caginess of management is worrisome and the lack of interest by DermTech is not helping. Hopefully this stock simply hasn't appeared on their radar. If I were DermTech management, I'd take a good, hard look at Medx. In the meantime, I'm taking an unwelcome beating. The only thing that kept me from going in more heavily was the lack of US volume.

I'd appreciate any feedback on my points. GLTA longs.

222

Comment

Comment by Bogeyfree1 on Jul 08, 2021 8:46pm

Insightful1, I would really appreciate your thoughts on the points raised by Redrum 180. TY

107

Comment

Comment by Insightful1 on Jul 08, 2021 11:49pm

I think it is a rather myopic view on why DermTech would consider MedX. DermTech business model is based on a Pigmented Lesion Assay (PLA) test.The test is only for melanoma and uses a sticker placed on a mole to extract RNA and DNA to be taken back to their lab for genetic testing of melanoma genetic markers. So their market is a GP or Dermatologist who doesn't want to use the accepted gold ...more

136

Comment

Comment by Bogeyfree1 on Jul 09, 2021 10:17am

Thank you for your quick reply! You wrote: " it would be a shame if MDX was acquired at say .50 ..... " To be honest, right now after all these years of waiting and not knowing exactly where the company stands, I would gladly welcome such an offer! But that just me! Thanks again!

138

Comment

Comment by Insightful1 on Jul 09, 2021 3:17pm

I hear you but look at DermTech share price it went along forever then absolutely broke out. It is what I believe is about to happen to MedX. Keep the faith.

140

Comment