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VPT VentriPoint Diagnostics Ltd

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  • 0.145
  • -0.005-3.33%
15min DelayTrading Apr 24 10:47 ET
23.17MMarket Cap-4.83P/E (TTM)

VentriPoint Diagnostics Ltd Stock Forum

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    $VentriPoint Diagnostics Ltd (VPT.CA)$recently announced their joint venture with General Electric Healthcare to place their software on GE's ultrasound machines. Just capturing 1% of this specific market is $2,000,000,000 in sales.
    There are many positive catalysts for Ventripoint. Firstly, any investment in the company is substantially de-risked given that the product is already developed with regulatory approvals and sales are already underway.
    Its current valuation of USD$50 million is also small change for large players and this may result in an attractive exit strategy if an acquisition goes through.
    Compare Ventripoint against its peers - the Nasdaq-listed $Nano X Imaging (NNOX.US)$ with a market cap of US$1.57 Billion. The potential is huge!

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