Qualis Innovations Inc. Stock Analysis QLIS

Qualis Innovations, Inc. is a holding company, which engages in the development of technologies that improve the treatment, distribution, and access to care for patients suffering from diseases of the central nervous system. The company is headquartered in Centennial, Colorado and currently employs 0 full-time employees. The company went IPO on 2012-07-23. mPathix is a clinical-stage company focused on the development, production and distribution of pain management and other central nervous system-based solutions. The company develops products designed to address the unmet needs of patients who seek alternatives to traditional pain medications and interventions or adjunctive therapies to their treatment regimen. Its product, which is its sole product and is in the development pipeline, is SOLACE, a non-invasive medical device that uses electromagnetic induction to generate deep heat below the surface of the skin to reduce and relieve pain. SOLACE delivers radio frequency (RF) energy continuously and thereby delivers thermal effects to the tissues and utilizes several differentiated features vs other RF devices on the market. SOLACE device is based on high-frequency magnetic induction technology, which it refers to as Electromagnetic Induction.