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Bullboard - Stock Discussion Forum VentriPoint Diagnostics Ltd V.VPT

Alternate Symbol(s):  VPTDF

Ventripoint Diagnostics Ltd. is a Canada-based medical device company. It is engaged in the development and commercialization of diagnostic tools to monitor patients with heart disease. It develops a suite of applications for all heart diseases and imaging modalities, including congenital heart disease, pregnancy, pulmonary hypertension, COVID-19, technically difficult imaging and... see more

TSXV:VPT - Post Discussion

VentriPoint Diagnostics Ltd > Re-read the last NR
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Post by invest2profit on Feb 18, 2021 1:26pm

Re-read the last NR

"With market clearance obtained, 2020 was a very successful and foundational year for Yutian's marketing efforts in China. It successfully installed the QAS in the hospitals of the top three medical universities in Anhui province as well as leading hospitals in the cities of Shanghai (one of the four direct-administered municipalities with 27 million people), Hangzhou (capital city of Zhejiang province with 57 million people), Wenzhou and Zhengzhou (capital city of Henan province with 94 million people). A total of eight QAS machines are currently operational in China.

In addition, Yutian has appointed Tier 1 distributors in major regions throughout China and is currently setting sales targets for 2021."
Comment by invest2profit on Feb 18, 2021 1:27pm
Also, there are 34,000 hospitals in China and 1,000 new hospitals being built each year. CEO's buyout target is for when we have 100 machines operational. With this latest news, this could happen sooner than expected