RAP - The Main Game, page-470

Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #

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Myeverywish

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04/02/17

21:18

Post #: 22375982
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Originally posted by hotcopinvestor ↑

Great find MyBentley

from the article

Associate Professor Abeyratne’s idea was initially funded by a Grand Challenges in Global Health Explorations grant from the Bill & Melinda Gates Foundation. Later supported by a PathFinder grant from UniQuest and a CIEF grant from UQ, the project has culminated in a spin-off company ResApp Health Ltd (ASX:RAP), which has a market capitalisation of above $200 million.
With the boom in telehealth – currently the second fastest growing industry in the US with a predicted value of $6 billion in the next four years – the future for ResApp Health Ltd looks positive indeed. And the technology may even have impacts outside human health, for instance, in veterinary medicine for household pets, and in the livestock industry where non-invasive screening of animal illness would be a key feature for preventing mass outcrop of disease.
Another bonus would be the ability to limit the widespread administration of antibiotics for misdiagnosed respiratory diseases, therefore avoiding antimicrobial resistance within communities.

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This video clip shows the world wide need for accurate diagnosis and correct treatment of respiratory illness. This picture is the current state of play worldwide.

I see Resapp will become common practice world wide in its first 12 months.
I see well over 300 million uses of Resapp in its first full year post FDA approval.

LUV RAP
MB

RAP Price at posting: 32.5¢ Sentiment: Buy Disclosure: Held
19 Upvote

0 Great analysis

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