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[sharechat] VSG Upside Potential Looking Good.


From: "Lazy Haggis" <lazyhaggis@hotmail.com>
Date: Sun, 18 Apr 2004 19:46:05 +0000


Latest April 04 Aegis Equities Comments.

Through the acquisition of Visiomed AG, VSG has not only secured full 
control over the microDERM device but also has rights to any other IP 
developed within the German company. This includes some interesting surgical 
navigation technology that VSG may be able to commercialise in the future. 
The Funhaler provides a potential spinout product that can help fund VSG's 
other ventures.

VSG has managed to build its patent portfolio over the last year, an 
important first step to eventual commercialisation. A recent study was 
published in the influential British Journal of Dermatology detailing the 
diagnostic use of the MicroDERM system and this should help it achieve US 
regulatory approval as higher value diagnostic device. VSG also forged 
closer links with Siemens AG, one of the world's largest and most recognised 
engineering and medical imaging companies, announcing an exclusive 
Australian dealership for a range of Siemens medical imaging systems. VSG is 
also a significant participating collaborator with Siemens in the 
development of ultrasound-based surgical navigation systems for spinal 
procedures.

Lazy Haggis

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