Mr. Zen
3 years ago
SCTC from the FINRA daily list
Share Structure
Market Cap Market Cap
65,821,007
09/03/2021
Authorized Shares
300,000,000
08/15/2021
Outstanding Shares
6,928,527
08/15/2021
Restricted
Not Available
Unrestricted
Not Available
Held at DTC
Not Available
Float
1,613,645
BUT then the parent company MDGS is
Share Structure
Market Cap Market Cap
1,162,927
09/03/2021
Authorized Shares
Not Available
Outstanding Shares
15,822,137
12/31/2020
Order in::: 3500 shares @ $1.48
makinezmoney
4 years ago
$SCTC: ScoutCam being used by NASA !!!!!!!!!!!!!!!!!
Medigus: ScoutCam Announces Success of HD Micro Video Camera in NASA's Robotic Refueling Mission 3
7:35 AM ET 10/23/20 | Dow Jones
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4:00 PM ET 10/22/20
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MDGS
2.39 0.00%
Real time quote.
Medigus: ScoutCam Announces Success of HD Micro Video Camera in NASA's Robotic Refueling Mission 3
Use of micro ScoutCam 8.0 HD marks the customized visual solutions leader's second in-flight achievement with the U.S. space agency
OMER, Israel, Oct. 23, 2020 (GLOBE NEWSWIRE) -- Medigus Ltd. (Nasdaq:MDGS) (TASE:MDGS), a technology company engaged in advanced medical solutions and innovative internet technologies, today announced it was informed by ScoutCam Inc. (OTCQB: SCTC) Medigus' subsidiary (50.1%) and a leading developer and manufacturer of customized visual solutions and supplementary technologies, about the success of its micro ScoutCam 8.0 HD in NASA's third Robotic Refueling Mission (RRM3), which was officially used in-orbit on October 19(th) -22(st) , 2020.
The micro camera serves as the borescope camera on NASA's Visual Inspection Poseable Invertebrate Robot 2 (VIPIR2), a robotic, multi-capability inspection tool, which was launched to the International Space Station on December 5, 2018. Custom-developed for NASA between 2015 and 2016, micro ScoutCam 8.0 HD features one module consisting of HD camera and illumination.
NASA's RRM3 builds on the first two phases of International Space Station technology demonstrations that tested tools, technologies, and techniques to refuel and repair satellites in orbit. The second phase of the Robotic Refueling Mission utilized micro ScoutCam 1.2, the first generation of the company's minuscule video camera.
"We are thrilled that micro ScoutCam 8.0 HD was a success in NASA's RRM3 mission," said Yaron Silberman, Chief Executive Officer of ScoutCam. "We strive to provide our customers with cutting-edge, custom technologies, and are pleased with our second success with NASA, as tools like micro ScoutCam 8.0 could be used to aid in the replenishment of vital supplies in space. We are especially proud that the continued collaboration is the result of an official global tender bid with the United States Government, where ScoutCam's technology was selected over that of other companies."
"During the test phase, micro ScoutCam 8.0 HD outperformed its already successful first-generation predecessor," said Professor Benad Goldwasser, ScoutCam's Chairman of the Board. "The improvement showcased ScoutCam's ability to evolve with our changing technologies and provide our customers with the solution they need to further their goals. We are extremely pleased with the outcome and the partnership overall."
In addition to its miniature size, the versatile micro ScoutCam 8.0 HD camera features state of the art customizable optics and noteworthy image quality. The waterproof device is also able to adapt in a variety of extreme temperatures, and withstand various vibrations, radiation and vacuums.
About Medigus
Medigus is traded on the Nasdaq Capital Market and the TASE (Tel Aviv Stock Exchange). To learn more about the company's advanced technology, please visit www.medigus.com.
Cautionary Note Regarding Forward Looking Statements
This press release may contain statements that are "Forward-Looking Statements," which are based upon the current estimates, assumptions and expectations of the company's management and its knowledge of the relevant market. The company has tried, where possible, to identify such information and statements by using words such as "anticipate," "believe, " "envision," "estimate," "expect," "intend," "may," "plan," "predict," "project," "target," "potential," "will," "would," "could," "should," "continue," "contemplate" and other similar expressions and derivations thereof in connection with any discussion of future events, trends or prospects or future operating or financial performance, although not all forward-looking statements contain these identifying words. For example, the company is using forward-looking statements when it discusses the use of tools like micro ScoutCam 8.0 to aid in replenishing vital supplies in space, and ScoutCam's ability to evolve with its changing technologies and provide its customers with the solution they need to further their goals. These forward-looking statements represent company's expectations or beliefs concerning future events, and it is possible that the results described in this press release will not be achieved, due to inter alia the spread of COVID-19 as well as the restriction deriving therefrom. By their nature, Forward-Looking Statements involve known and unknown risks, uncertainties and other factors which may cause future results of the company's activity to differ significantly from the content and implications of such statements. Other risk factors affecting the company are discussed in detail in the company's filings with the Securities and Exchange Commission. Forward-Looking Statements are pertinent only as of the date on which they are made, and the company undertakes no obligation to update or revise any Forward-Looking Statements, whether as a result of new information, future developments or otherwise. Neither the company nor its shareholders, officers and employees, shall be liable for any action and the results of any action taken by any person based on the information contained herein, including without limitation the purchase or sale of company securities. Nothing in this press release should be deemed to be medical or other advice of any kind.
Contact (for media only)
Tatiana Yosef
Chief Financial Officer
+972-8-6466-880
ir@medigus.com
> Dow Jones Newswires
October 23, 2020 07:35 ET (11:35 GMT)
AskMuncher
4 years ago
$SCTC Leading Global Biomedical Company Adds ScoutCam to Its Approved Supplier List
Press Release | 09/08/2020
Qualification to Allow ScoutCam to Develop and Manufacture Micro Cameras for the Healthcare Company's Minimally Invasive Surgical Product
OMER, Israel, Sept. 08, 2020 (GLOBE NEWSWIRE) -- ScoutCam (OTC: SCTC), a leading developer and manufacturer of customized visual solutions and supplementary technologies, today announced it has been officially included on a Fortune 500 multinational healthcare corporation’s Approved Supplier List (ASL). The qualification will allow ScoutCam to develop, manufacture and supply a complete visualization solution for the global company’s minimally invasive surgical product, which incorporates ScoutCam’s single-use miniature video cameras.
“We are extremely excited not only for the recognition of our superior technology, but for the opportunity to become a long-term supplier of innovative visualization tools that has the potential to transform minimally invasive surgeries, and all under the strictest quality standards of this global leader,” said Yaron Silberman, Chief Executive Officer of ScoutCam.
The two companies initially began collaborating back in 2018 and in mid-2019, a formal audit at ScoutCam's facilities was completed. This past May, the global standard Supplier Quality Agreement (SQA) of the customer was signed. ScoutCam provided a final quote to the healthcare corporation in May as well, which included development fees of $2.4 million to be paid per milestones in 2020-2021 and prices per ordered quantities for the supply of the final deliverables, ranging in hundreds of USD per unit. ScoutCam’s inclusion on the ASL encompasses all of its business units, in addition to the one in which ScoutCam is currently engaged.
“Now that we have officially been added to the Approved Supplier List, ScoutCam is expected to sell tens of thousands of single-use cameras annually in the next few years, which gives us the opportunity to transform minimally invasive surgeries as we know them,” Silberman continued. “Overall, we are extremely happy with the recognition, and we are proud that such partnership presents a parallel benefit to both patients and doctors alike.”
For more information on ScoutCam as well as the company’s additional developments and products, please visit: https://www.scoutcam.com/
###
About ScoutCam
ScoutCam is a leading provider of customized visual solutions for organizations across a variety of industries in the form of highly resistant micro cameras and supplementary technologies. ScoutCam devices are used across the medical, aerospace, industrial, research and defense industries. For more information please visit: https://www.scoutcam.com/.
Cautionary Note Regarding Forward Looking Statements
Information set forth in this news release contains forward-looking statements that are based on the Company’s expectations, beliefs, assumptions and intentions regarding, among other things, its product-development efforts, business, financial condition, results of operations, strategies or prospects, as of the date of this news release. They are not guarantees of future performance. Forward-looking statements can be identified by the use of forward-looking words such as “believe,” “expect,” “intend,” “plan,” “may,” “should” or “anticipate” or their negatives or other variations of these words or other comparable words or by the fact that these statements do not relate strictly to historical or current matters. The Company cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the Company's control. Such factors include, among other things: the Company’s ability to achieve the financial forecasts and sales in connection with the development project and as a result of the company’s addition to the Approved Supplier List; risks and uncertainties relating to, inter alia, the economic success and effective integration of our approved patents; the spread of COVID-19, including any resultant restrictions on our business operations and/or its negative impact on our financial condition; the Company’s reliance on third-party suppliers; market acceptance of our products by prospect markets and industries; the Company's ability to raise sufficient funding in order to meet the Company’s business and financial goals; and certain other factors summarized in the Company’s filings with the SEC. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information.
Media Contact
Gabriella Velez
scoutcam@5wpr.com
646.843.1798
AskMuncher
4 years ago
$SCTC Medigus: Fortune 500 Multinational Healthcare Corporation’s Adds ScoutCam to its Approved Supplier List
Press Release | 09/08/2020
OMER, Israel, Sept. 08, 2020 (GLOBE NEWSWIRE) -- Medigus Ltd. (NASDAQ:MDGS) (TASE:MDGS), a technology company developing minimally invasive tools and an innovator in direct visualization technology, today announced that it was informed by ScoutCam, Inc. (OTC: SCTC), Medigus’ subsidiary and a leading developer and manufacturer of customized visual solutions and supplementary technologies, that ScoutCam has been officially included on a Fortune 500 multinational healthcare corporation’s Approved Supplier List (ASL). The qualification will allow ScoutCam to develop, manufacture and supply a complete visualization solution for the global company’s minimally invasive surgical product, which incorporates ScoutCam’s single-use miniature video cameras.
“We are extremely excited not only for the recognition of our superior technology, but for the opportunity to become a long-term supplier of innovative visualization tools that has the potential to transform minimally invasive surgeries, and all under the strictest quality standards of this global leader,” said Yaron Silberman, Chief Executive Officer of ScoutCam.
The two companies initially began collaborating back in 2018 and in mid-2019, a formal audit at ScoutCam’s facilities was completed. This past May, the global standard Supplier Quality Agreement (SQA) of the customer was signed. ScoutCam provided a final quote to the healthcare corporation in May as well, which included development fees of $2.4 million to be paid per milestones in 2020-2021 and prices per ordered quantities for the supply of the final deliverables, ranging in hundreds of USD per unit. ScoutCam’s inclusion on the ASL encompasses all of its business units, in addition to the one in which ScoutCam is currently engaged.
“Now that we have officially been added to the Approved Supplier List, ScoutCam is expected to sell tens of thousands of single-use cameras annually in the next few years, which gives us the opportunity to transform minimally invasive surgeries as we know them,” Silberman continued. “Overall, we are extremely happy with the recognition, and we are proud that such partnership presents a parallel benefit to both patients and doctors alike.”
About ScoutCam
ScoutCam is a leading provider of customized visual solutions for organizations across a variety of industries in the form of highly resistant micro cameras and supplementary technologies. ScoutCam devices are used across the medical, aerospace, industrial, research and defense industries. For more information please visit: https://www.scoutcam.com/.
About Medigus
Medigus is traded on the Nasdaq Capital Market and the TASE (Tel Aviv Stock Exchange). To learn more about the company’s advanced technology, please visit www.medigus.com.
Cautionary Note Regarding Forward Looking Statements
This press release may contain statements that are “Forward-Looking Statements,” which are based upon the current estimates, assumptions and expectations of the company’s management and its knowledge of the relevant market. The company has tried, where possible, to identify such information and statements by using words such as “anticipate,” “believe,” “envision,” “estimate,” “expect,” “intend,” “may,” “plan,” “predict,” “project,” “target,” “potential,” “will,” “would,” “could,” “should,” “continue,” “contemplate” and other similar expressions and derivations thereof in connection with any discussion of future events, trends or prospects or future operating or financial performance, although not all forward-looking statements contain these identifying words. These forward-looking statements represent Medigus’ expectations or beliefs concerning future events, and it is possible that the results described in or derived from this press release will not be achieved, such as the successful manufacture, sale and supply of the miniature video cameras by ScoutCam following its recognition as an ASL, or delay in receipt of payments or proceeds therefor, due to inter alia the spread of COVID-19 as well as the restriction deriving therefrom. By their nature, Forward-Looking Statements involve known and unknown risks, uncertainties and other factors which may cause future results of the company’s activity to differ significantly from the content and implications of such statements. Other risk factors affecting the company are discussed in detail in the company's filings with the Securities and Exchange Commission. Forward-Looking Statements are pertinent only as of the date on which they are made, and the company undertakes no obligation to update or revise any Forward-Looking Statements, whether as a result of new information, future developments or otherwise. Neither the company nor its shareholders, officers and employees, shall be liable for any action and the results of any action taken by any person based on the information contained herein, including without limitation the purchase or sale of company securities. Nothing in this press release should be deemed to be medical or other advice of any kind.
Contact (for media only)
Tatiana Yosef
Chief Financial Officer
+972-8-6466-880
ir@medigus.com
midastouch017
4 years ago
ScoutCam receives $2 million investment from Mori Arkin, a leading life science and pharmaceutical entrepreneur
GlobeNewswire GlobeNewswire•May 19, 2020
OMER, Israel, May 19, 2020 (GLOBE NEWSWIRE) -- ScoutCam Inc. (OTC: SCTC), a company developing and manufacturing customized visual solutions for organizations by offering the world's smallest cameras and supplementary technologies, today announced it had entered into and consummated a securities purchase agreement with M. Arkin (1999) Ltd. in connection with an investment of $2,000,000.
Founder and Chairman of Arkin Holdings, Moshe “Mori” Arkin, is one of Israel’s most successful life sciences and pharmaceutical entrepreneurs. A renowned industrialist and generic drug specialist, he founded Arkin Holdings, which owns a healthcare portfolio of $1 billion through four investment arms, with holdings in some 20 Israeli companies developing pharmaceutical drugs and medical equipment, such as UroGen Pharma (Nasdaq: URGN), Keros Therapeutics (Nasdaq: KROS) and Novolog (TASE: NVLG). Mori previously grew Agis into a leading dermatological company in the U.S., which led to its acquisition by Perrigo in 2005 for $818 million.
ScoutCam develops and manufactures customized visual solutions for organizations across a variety of industries in the form of highly resistant micro cameras and supplementary technologies. With the smallest cameras produced in the world, which are down to 1mm diameter including illumination, the high resolution technology has unique properties that have been authenticated by customers, such as NASA, in the strictest environmental conditions, including extreme temperatures, vibrations, and radiation. ScoutCam devices have been used across the medical, aerospace, industrial, research and defense industries.
"We are proud to have received Mr. Mori Arkin’s vote of confidence by having him make a substantial investment in ScoutCam Inc. Mr. Arkin's contribution will go beyond a financial investment as he requested and ScoutCam gladly accepted to appoint a director to the company’s board of directors." said Professor Benad Goldwasser, chairman of ScoutCam’s board of directors.
Dr. Irit Yaniv, an experienced and accomplished senior executive in the MedTech industry, will join ScoutCam's board of directors, as Mori Arkin's representative.
As part of the agreement and in exchange for the investment of $2,000,000, ScoutCam issued to Arkin 4,132,232 shares of common stock, 2,066,116 warrants to purchase common stock at an exercise price of $0.595 and 4,132,232 warrants to purchase common stock at an exercise price of $0.893.
About ScoutCam
ScoutCam is a leading provider of customized visual solutions for organizations across a variety of industries in the form of highly resistant micro cameras and supplementary technologies. ScoutCam devices are used across the medical, aerospace, industrial, research and defense industries. For more information please visit: https://www.scoutcam.com
makinezmoney
4 years ago
$SCTC: AT 2.60.... pretty huge news.
ScoutCam Achieved Breakthrough with Healthcare's First of its kind OR-Ready Wireless Endoscope
6:45 AM ET 5/22/20 | Dow Jones
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10:40 AM ET 5/22/20
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SCTC
2.60 44.44%
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ScoutCam Achieved Breakthrough with Healthcare's First of its kind OR-Ready Wireless Endoscope
OMER, Israel, May 22, 2020 (GLOBE NEWSWIRE) -- ScoutCam (OTC: SCTC), a company developing and manufacturing customized visual solutions to organizations by offering the world's smallest cameras and supplementary technologies, today announced a breakthrough with the successful integration of the company's wireless micro ScoutCam into medical endoscope devices, formally introducing the healthcare industry's first operating room-ready wireless endoscope, to the company's knowledge.
The device, which has been cleared for marketing by the U.S. Food and Drug Administration (FDA) and meets the Federal Communications Commission requirements, was developed for a privately held orthopedic company.
We believe that the wireless endoscope product revolutionizes the endoscopy industry by implementing a single-use micro camera for medical procedures. ScoutCam's new product includes a 1.1mm x 1.1mm complementary metal oxide semiconductor (CMOS) camera that can be disposed after a single-use; for reference, according to The National Center for Biotechnology Information (NCBI), the average endoscope used in procedures measures around 8mm x 10mm.
"The endoscopic process is a massive undertaking that frequently requires multiple instruments and cleaning procedures, and we are thrilled that our micro ScoutCam can be utilized to simplify the endoscopic process," said Yaron Silberman, Chief Executive Officer of ScoutCam. "Not only does the wireless endoscope aid the FDA's recent recommendation that medical facilities should transition to disposable endoscopic instruments, we also believe that it streamlines endoscopic surgeries and processes."
The camera of the waterproof micro ScoutCam, which can also be used in orthopedics and general surgery, is smaller than a grain of rice. Other product features include:
-- High resolution and image quality
-- Close minimal focal distance of 3mm
-- Protection from operating room interferences
-- Zero latency
In minimally invasive surgeries, endoscopies are time consuming, yet critical healthcare procedures. Within the United States alone, according to iData Research1(1) , 75 million endoscopic surgeries are conducted each year. The complicated procedure has traditionally been performed using the same medical equipment, post sterilization. The FDA only recently issued a recommendation to hospitals and other medical facilities to shift from reusable duodenoscopes to the single-use variants. The recommendation came as a result of the risk of cross-contamination between patients, and will likely drive the adoption of single-use endoscopes into other body cavities.
With the introduction of ScoutCam's wireless, single-use endoscope, which is intended to be used in the treatment of carpal tunnel syndrome at ambulatory surgical centers, the company intends to provide a new technology to increase the efficiency of the procedure, while meeting FDA standards. According the American College of Rheumatology2(2) , carpal tunnel syndrome affects 4 -- 10 million Americans, who may be eligible for a now more seamless endoscopic surgery. ScoutCam's devices have also been implemented into rigid, semi-flexible, steerable and flexible endoscopes.
(1) https://idataresearch.com/an-astounding-19-million-colonoscopies-are-performed-annually-in-the-united-states/
(2) https://www.rheumatology.org/I-Am-A/Patient-Caregiver/Diseases-Conditions/Carpal-Tunnel-Syndrome
ScoutCam is continuing its work with the privately held orthopedic company to develop a second generation wireless endoscope, which is expected to reach a wider range of orthopedic procedures.
About ScoutCam
ScoutCam is a leading provider of customized visual solutions for organizations across a variety of industries in the form of highly resistant micro cameras and supplementary technologies. ScoutCam devices are used across the medical, aerospace, industrial, research and defense industries. For more information please visit: https://www.scoutcam.com
Cautionary Note Regarding Forward Looking Statements
Information set forth in this news release contains forward-looking statements that are based on the Company's expectations, beliefs, assumptions and intentions regarding, among other things, its product-development efforts, business, financial condition, results of operations, strategies or prospects, as of the date of this news release. They are not guarantees of future performance. Forward-looking statements can be identified by the use of forward-looking words such as "believe," "expect," "intend," "plan," "may," "should" or "anticipate" or their negatives or other variations of these words or other comparable words or by the fact that these statements do not relate strictly to historical or current matters. The Company cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the Company's control. Such factors include, among other things: risks and uncertainties relating to, inter alia, the spread of COVID-19, including any resultant restrictions on our business operations and/or its negative impact on our financial condition; the Company's reliance on third-party suppliers; market acceptance of our products by prospect markets and industries; the Company's ability to raise sufficient funding in order to meet the Company's business and financial goals; and certain other factors summarized in the Company's filings with the SEC. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information.
Contact
Yaron Silberman
Chief Executive Officer
yaron.silberman@scoutcam.com
> Dow Jones Newswires
May 22, 2020 06:45 ET (10:45 GMT)
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Renee
5 months ago
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