Business
MedX(R) Health Corp. Files U.S. Patent Application for "Photobandage(TM)"Light Therapy for the Wound-Care Market
"First in a series of milestones," says new President. MISSISSAUGA, ON, May 20 /CNW/ - MedX Healt...
About this update from Medx Health Corp.
[{"type":"text","content":"\n\n\n\n"First in a series of milestones," says new President.\n\n\nMISSISSAUGA, ON, May 20 /CNW/ - MedX Health Corp. (TSXV: MDX) ("MedX" or\nthe "Company") is pleased to announce that it has filed a Provisional Patent\nApplication with the U.S. Patent Office for its "Photobandage(TM)", a novel\nbandage technology designed to enhance the healing process by bathing the area\nsurrounding a wound in light.\n\n\n"We are very pleased to announce this filing," said MedX President Steve\nGuillen. "We have said publicly that it is our intention to accelerate the\ndevelopment of this new product, aimed at the large and rapidly-growing wound\ncare market. This filing, the first in what will be a series of\nevent/milestones, is evidence of progress in this direction and of our\ncommitment to the application of light therapy to the wound-care market. As\nstated before, the Company intends to license this new technology to one or\nmore major wound care companies for further development, marketing and sales."\n\n\nAbout MedX Health Corp.\n\n\nMedX is a leading North American developer and manufacturer of\nphototherapy (Low Level Laser) medical devices, including dental,\nrehabilitation and wound care products. MedX products are used by\npractitioners in clinics, academic facilities, and hospitals throughout North\nAmerica, as well as by professional athletes and sports teams, to improve\nquality of life through accelerating healing and reducing pain. MedX plans to\nuse the proceeds from its recent public offering to expand its distribution\nnetwork; support its marketing program; continue development of new dental,\nrehabilitation and wound care products; undertake research and development for\nwound care products; and for working capital purposes.\n\n\nThe TSX Venture Exchange does not accept responsibility for the adequacy\n\n\nor accuracy of this press release.\n\n\nThis press release contains "forward-looking information" within the\nmeaning of applicable Canadian securities legislation. Such forward-looking\ninformation may include statements regarding the Company's future plans,\nobjectives, performance, growth, profits, operating expenses or its underlying\nassumptions. Generally, forward-looking information can be identified by the\nuse of forward-looking terminolog...