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Re: [sharechat] VSG Upside Potential Looking Good.

From: "Cristine Kerr" <>
Date: Wed, 28 Apr 2004 09:26:24 +1000

Dr Sassine has a successful track-record in this sector.

I'm impressed with the number and scope of significant outcomes and activities VSG have been able to achieve on the funds they've had available to them..I'm not expecting any fireworks with the Qtrly report, but nor am I expecting anything adverse. Lessons learnt - I think VSG will take pains to ensure the ASX are totally satisfied (in advance) this quarter.

Recent Significant Activities:

1) Funhaler: Co-development alliance on Funhaler with Pari GmbH (leading worldwide manufacturer of delivery products for asthma, chronic lung disease & cystic fibrosis - Germany, Japan, UK, Canada currently involved in more clinical trials for new nebulizer respiratory medications than all other brands combined, including trials by large pharma companies such as Astra Zeneca and Separcor Inc). Co-development trial is for Funhaler to be incorporated into Pari's delivery devices - VSG view is to sell or licence Funhaler - co-development trial already funded under NIH $1M grant awarded to VSG's collaborating asthma researchers at Univ of WA.

2) Microderm nearing FDA approval - minor edits outstanding - expected by end financial year. (The last thing I read on FDA stated that a high percentage of FDA committee are specialist dermatologists.) FDA clearance will pave the way for sales of Microderm in the US. Visiomed has initiated a search for suitable partners and distributors in the US. VSG has already received an expession of interest from one suitably positioned party. (NB Huge market - sadly, around 10,000 Americans die from Melanoma every year.) European clinical studies have already commenced. Visiomed has secured a number of Australian clinical sites for Aust studies to support FDA approval. (NB Significantly; these studies are retrospective not prospective = very short time frame.)

Price will catch up to the vision and I am personally anticipating sooner rather than later.

----- Original Message -----
Sent: Tuesday, April 27, 2004 3:04 PM
Subject: Re: [sharechat] VSG Upside Potential Looking Good.

Someone bought up big today:
Visiomed Group Limited (VSG)
Date Time Price ($) Quantity Value ($) Conditions
27-04-2004 02:51 PM $0.064 150000 $9,600.000  
27-04-2004 02:29 PM $0.064 10000 $640.000  
27-04-2004 02:29 PM $0.064 50000 $3,200.000  
27-04-2004 01:56 PM $0.065 38180 $2,481.700  
27-04-2004 12:42 PM $0.062 2107388 $130,658.056 Crossed
27-04-2004 12:29 PM $0.062 68500 $4,247.000  
27-04-2004 12:26 PM $0.063 31500 $1,984.500 Crossed
27-04-2004 10:30 AM $0.063 8500 $535.500 Crossed
27-04-2004 10:23 AM $0.063 91500 $5,764.500  
26-04-2004 03:40 PM $0.064 100000 $6,400.000 
----- Original Message -----
Sent: Tuesday, April 27, 2004 1:57 PM
Subject: Re: [sharechat] VSG Upside Potential Looking Good.

ASX: VSG - Update lodged with ASX today at 12.38pm
VSG 12:38 PM   On track for FDA Clearance of Microderm Submission
----- Original Message -----
Sent: Tuesday, April 20, 2004 3:53 PM
Subject: Re: [sharechat] VSG Upside Potential Looking Good.

I have asked Visiomed when shareholders can expect an update.

Visiomed will be posting out a newsletter to shareholders in the near future.
----- Original Message -----
Sent: Monday, April 19, 2004 7:53 AM
Subject: Re: [sharechat] VSG Upside Potential Looking Good.

FDA application has been lodged - approval was anticipated around late April.
Everyone here knows my thoughts on this one.
My expert TA analysis - higher highs, higher lows and poised for another upturn especially in consideration of anticipated FDA approval.
----- Original Message -----
Sent: Monday, April 19, 2004 5:46 AM
Subject: [sharechat] VSG Upside Potential Looking Good.

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

Lazy Haggis

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