Imagin Medical Inc. (Formerly Expedition Mining Inc.)
Climate Impact & Sustainability Data (2016)
Reporting Period: 2016
Environmental Metrics
Climate Goals & Targets
Long-term Goals:
- Achieve gross cumulative sales revenues from the sales of licensed products of at least $10,000,000 within the first three years of achieving FCS
Medium-term Goals:
- Achieve first commercial sales (“FCS”) in the United States within one year of achieving the FDA approval
Short-term Goals:
- Complete submissions for United States Food and Drug Administration (“FDA”) approval by December 31, 2017
Environmental Challenges
- Inability to finance the Mt. Mervyn property in 2014 due to market conditions.
Mitigation Strategies
- Wrote down the Mt. Mervyn property to a nominal amount of $1.
Supply Chain Management
Climate-Related Risks & Opportunities
Sustainable Products & Innovation
- i/Blue Imaging System
- i/Vision Imaging System
- i/Red Imaging System