Leading Teledermatology Screening Platform to Immediately Be Offered in More Clinics Across Ontario; North American Expansion in The Coming Months
Mississauga, ON (June 15, 2021) – MedX Health Corporation (“MedX” or the “Company”) (TSX-V: MDX) a global leader in teledermatology is pleased to announce a distribution agreement with VidaCeuticals Health Products Inc. that will see MedX’s integrated skin assessment teledermatology platform offered at four clinics in Ontario beginning in late June, with plans for a broader market roll-out in Canada and the United States later this year. The initial four clinics will be located in London, Ottawa, Port Elgin and Sarnia.
“With only about 500 dermatologists available to serve over 37 million Canadians, the wait times to see a dermatologist in-person can be anywhere from five months to one year,” said Sylvain Desjeans, MedX’s Chief Revenue Officer. “The COVID-19 pandemic has nearly doubled the average wait period. We know that early detection of melanoma greatly increases the patient’s survival rate and reduces the cost to the health-care system. Increasing accessibility to scanning through partnering with VidaCeuticals and their deep network of clinic partners will help us work towards skin cancer prevention.”
Alignment on company values and a passion to save lives drew VidaCeuticals Health Products Inc. to connect with MedX to support a strategic and aggressive distribution plan to reach more North Americans with MedX’s life-saving technology – its SIAscope™ imaging device and DermSecure™ cloud-based telemedicine platform.
“We have shared values and a passion for finding simple solutions that are easy to access and that ultimately improve and save lives, avoiding unnecessary health impacts on families and communities,” explained Jean-Guy Bourguignon, Managing Director of VidaCeuticals Health Products Inc. “VidaCeuticals is looking forward to growing with MedX to expand across Canada and the United States with the mission of increasing access to skin cancer screening and improving patient outcomes.”
According to the Canadian Dermatology Association, last year an estimated 8,000 Canadians were diagnosed with melanoma skin cancer and approximately 1,300 Canadians died of the disease. With mortality rates increasing by as much as 1.2% per year since 1984, early and rapid detection is key to improving patient outcomes.
MedX, headquartered in Mississauga, Ontario, is a leading medical device and software company focused on skin health with its SIAscopy™ on DermSecure™ telemedicine platform, utilizing its SIAscopy™ technology. SIAscopy™ is also imbedded in its products SIAMETRICS™, SIMSYS™, and MoleMate™, which MedX manufactures in its ISO 13485 certified facility. SIAMETRICS™, SIMSYS™, and MoleMate™ 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 cleared by Health Canada, the U.S. Food and Drug Administration, the Therapeutic Goods Administration and Conformité Européenne for use in Canada, the US, Australia, New Zealand, the European Union, Brazil and Turkey. Visit https://medxhealth.com
About VidaCeuticals Health Products
VidaCeuticals Health Products Inc. focuses on connecting people with innovative health solutions, with a focus on distributing proprietary and innovative product lines and devices, helping people to achieve longevity through a healthier quality of life as naturally as possible.
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of applicable Canadian securities legislation. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release. Visit: www.VidaCeuticals.com
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Investor and Media Contacts:
MedX Health Corp.
VidaCeuticals Health Products Inc.
800-641-6024 Ext 1