Wednesday, October 26, 2011

Verisante Technology Inc. (V.VRS)

A Revolutionary Advancement in Early Skin Cancer  Detection









 Early Detection Save Lives
 
Jointly developed by the BC Cancer Agency and the University of British
Columbia, and refined and tested at the Skin Care Centre at Vancouver
General Hospital, this patent protected technology has already been used
in a human clinical study spanning six years on approximately 1,000
lesions. Preliminary results published in 2008 showed the Verisante Aura™
found every case of melanoma in 274 lesions flagged for biopsy.
Verisante Aura™ will help to automate the current process of diagnosis,
allowing rapid scanning of the 20 – 40 skin lesions on “at risk” individuals.
No longer will patients need to suffer through long wait times to see a dermatologist,
as scans may be accomplished quickly by trained technicians
or assistants. Verisante Aura™ will greatly aid healthcare professionals,
delivering significant clinical impact through improved patient outcomes
and reduced wait times; while also decreasing healthcare costs by detecting
skin cancer in its early, most easily treatable stages.
The Verisante product development team is led by award-winning pioneers
in the field of cancer imaging. In addition, the Company is proud to have
world renowned experts in early cancer detection involved with our
technical and medical team.

The Facts  on Skin Cancer


Skin cancer is the most  common form of cancer, and most  rapidly increasing

Every hour, one person in the United

States dies of melanoma


50% of people  over the age of 65 in the
US will be affected by skin cancer


Survival rate for patients  where the disease  is detected early is 98%

Survival rate of patients with advanced stage skin cancer is 15%

The treatment of advanced stage melanoma costs  2200% more  than early stage  melanoma

The annual treatment cost of treating skin cancer in the United States  is estimated at USD $2.5 billion





Investment Highlights


Revolutionary technology

Imaging device for  the safe  and early  detection of skin cancer

Patent protected platform technology

Extensible to several other forms of  cancer

Clear  regulatory pathway that will result in significant early revenue

Recurring revenue model

Strategic alliances with leading institutions

World class scientific capability

Project management lead  by experienced, award-winning pioneers

Medical and  technical team lead  by renowned experts

Highly qualified management

Strong, independent Board



Company Profile


Verisante is a medical device company committed to commercializing Verisante AuraTM for  skin cancer detection in 2011. The Company develops innovative systems for  the early  detection of cancer. Verisante AuraTM and Verisante CoreTM (for lung, colon and cervical cancer detection) utilize a proprietary cancer detection platform while the operating software and probe technology are  unique to each  device.


This  exclusive platform technology allows Verisante to develop compact, non-invasive cancer detection devices that offer immediate results for many of the most common cancers.