Ventripoint Signs an Authorized Sales Agent Agreement with Irudigi
Toronto, Ontario / TheNewswire / May 15, 2019 - Ventripoint Diagnostics Ltd. ("Ventripoint" or the "Company", TSXV:VPT, OTCQB:VPTDF) is pleased to announce that they have signed an Authorized Sales Agent Agreement with Irudigi out of France.
"We are very excited to start working with the Ventripoint team and look forward to bringing their latest breakthroughs in cardiac imaging to France. France is a unique market, with a lack of MRI scanners, growing demand, and mounting pressure to reduce healthcare costs. Meanwhile, there are over 1 million people suffering from cardiac impairments in France, a number that grew by 30% over the last decade. The combination of low MRI coverage, a growing number of patients, and financial incentives make the Ventripoint VMS+ a perfectly suited solution for the French market" notes Pierre Zavattero, CEO of Irudigi.
When looking at data from statista.com for the number of magnetic resonance imaging (MRI) units in selected countries as of 2017 (per million population), there are 2.5 times more MRI scanners in Germany, and 2 times more in Spain and Italy than in France. Consequently, current waiting times for MRI are over a month in France, while they are only 1 to 2 weeks for echography, with a significantly shorter examination time.
"Irudigi's knowledge of the cardiac market in France and experience within the imaging industry will be an asset to the business as we continue to grow. They will build on current relationships and create new ones," commented Dr. George Adams, Ventripoint Diagnostics CEO.
Ventripoint's technology is a leading Artificial Intelligence (AI) approach known as Knowledge-Based Reconstruction (KBR), used to create applications to monitor heart disease, a leading cause of death worldwide. The VMS+ is the first cost-effective and accurate AI tool for measuring whole heart function using conventional ultrasound. The Company has developed a suite of applications for all major heart diseases and is actively commercializing the approach to improve cardiac care.
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