PreMD Inc. · Toronto, ON Canada ·(Pink Sheets: PREMF)
Company Description
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This link will open in a new window PreMD aims to detect illness at its earliest stages. The diagnostic development company currently offers, or is developing, non-invasive tests designed to detect and monitor a range of diseases, including colorectal cancer, coronary artery disease, breast cancer, and lung cancer. PreMD aims to develop tests administrable from the doctor's office, or pharmacy, or even from a patient's home. Due to financing challenges, the company has put all of its clinical programs on hold and cut its staff to a minimum. To read the full description, subscribe now.
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Key PreMD Inc. Financials
| Company Type | Public - Pink Sheets: PREMF Single Location |
| Fiscal Year-End | December |
| 2007 Sales (mil.) | $0.1 |
| 2007 Employees | 10 |
PreMD Inc. Executives
7 executives listed for PreMD Inc.'s Toronto, ON location.
| Title | Name & Bio | Contact |
| President, CEO, and Director | Brent Norton | Network |
| CFO | Catherine Auld | Network |
| EVP Clinical and Regulatory Affairs | Michael Evelegh | Network |
Competition
Competitive Landscape for PreMD Inc.
Demand is linked to the number of people receiving medical treatment. The profitability of individual companies depends on efficient operations and good marketing. There are large economies of scale in the operation of medical labs, which can receive samples from a wide geographical area. Small medical labs can compete effectively by providing specialized analyses, or by serving geographical regions with few medical facilities. Imaging centers don't have similar economies of scale because they must be located close to patients, so small firms can compete effectively with large ones in a particular area. The industry is fairly labor-intensive: annual revenue per worker is $140,000. To read the full description, subscribe now.Top PreMD Inc. Competitors
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