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The latest announcement is out from MedX Health ( (TSE:MDX) ).
MedX Health Corp. has completed the final closing of its non-brokered private placement, raising $1,433,000 through the issuance of 19,106,666 units to accredited investors. The funds will be used to further develop the company’s SIAscopy® on DermSecure® telemedicine platform and to expand its presence in the occupational health market. This strategic move is expected to enhance MedX’s market positioning and support its growth initiatives.
More about MedX Health
MedX Health Corp., based in Ontario, Canada, is a leader in non-invasive skin assessment and teledermatology. The company offers the SIAscopy® technology integrated into the DermSecure® platform, which provides accurate imaging of skin lesions for rapid dermatologist review. Their products are approved for use in several countries including Canada, the U.S., Australia, and the European Union.
Average Trading Volume: 141,219
Technical Sentiment Signal: Sell
Current Market Cap: C$18.11M
Learn more about MDX stock on TipRanks’ Stock Analysis page.