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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 > Empower opening
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Post by rags2rags on Oct 18, 2021 9:54pm

Empower opening

The Opening Marks TMC’s Second of Its Six Target Clinic Openings Before the End of 2021

The 2,600 square foot facility will connect Etobicoke residents with four family doctors, two specialists offering nephrology and internal medicine services, and a full-service Rexall Pharmacy. The additional staff brings TMC’s medical professional team to over two dozen experienced physicians. The Etobicoke Brown’s Line location will also offer paramedical services such as physiotherapy, chiropractor, registered massage therapy, custom bracing orthotics and Medx Teledermatology. For this location, the Company anticipates a revenue range between $2,560,000 – 3,600,000 annually. TMC is actively working to grow its in-house specialty services to meet other in-demand healthcare needs through its existing telemedicine capacities.

Comment by hopefull on Oct 19, 2021 7:23am
Attending the opening gave me a complete understanding of the model for Medx success. The empower deal IF successful will provide according to the Empower representative stating they will have close to 100 locations by the end of 2022 across the country. This alone should raise the market cap significantly, comparing the revenue of Dermtech. We literally are at the tipping point. Mike demonstrated ...more  
Comment by Insightful1 on Oct 19, 2021 8:08am
MedX announced all their pilots are "paid for" pilots. Sylvain siad they will not do a pilot that does not simulated real world market conditions as they do not give you any useful information. In terms of metrics that is a customer facng question. For example if you are an "Insurer" your outcome may be lives saved and cost savings, if you are a med-clinic you mave be revenue ...more  
Comment by hopefull on Oct 19, 2021 8:16am
Sorry my question wasn't clear enough about metrics. I was referring to how will a pilot be referred to as successful. As the news releases always states at the successful completion of the pilot. I'm trying to get a handle on how to understand any deal moving forward
Comment by Insightful1 on Oct 19, 2021 9:49am
As I understand it the MOU has a duration date. If you look at the Italian release we can see a pilot end date. At that point there should be another press release and MedX should announce the successful completion of the pilot and the commencement of the rollout. The rollout should have numbers of installs expected and a timeline. Then the next step would be after installs are up and running a ...more  
Comment by hopefull on Oct 19, 2021 10:07am
yes Trevor Champagne was there had a good chat with him. He seems very excited where Medx is headed. Commented "a long time coming" and stated not only will this save lives but free up derms to do other important work. The other camera will be a huge us for other pharmacy chains where the client can who say have a ski. Condition that can be addressed at a pharmacy and walk out with a ...more  
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