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VeriChip
Corporation,
headquartered in
Delray Beach,
Florida,
operates two
distinct lines
of business. Its VeriMed Health
Link is the
world's first
and only
FDA-cleared,
human-implantable
RFID microchip
for patient
identification.
Its VeriGreen
Energy
Corporation
subsidiary was
formed to invest
in the clean and
alternative
energy sector. |
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The roots of VeriChip
trace back to the events
of September 11, 2001,
when New York firemen
were writing their badge
ID numbers on their
chests in case they were
found injured or
unconscious. It was
evident there was a
serious need for
personal information in
emergency situations.
Working closely with
Applied Digital
Solutions, now Digital
Angel Corporation,
VeriChip was created as
a wholly-owned
subsidiary in December
2001 to produce and
market an implantable
microchip to identify
patients in an emergency
situation. The company
received FDA clearance
for the microchip in
October 2004 and today,
many people around the
world have been
implanted. In addition,
several leading medical
centers including Beth
Israel Deaconess and
Hackensack University,
have agreed to use the
technology in their
emergency departments
with other facilities
currently in talks with
VeriChip.
In March 2009, the
Company’s new
subsidiary, VeriGreen
Energy Corporation, was
formed to invest in the
clean and alternative
energy sector to
complement its
healthcare initiatives.
VeriChip Corporation
completed its initial
public offering in
February 2007 and trades
on the NASDAQ under the
symbol "CHIP." |