Coviu & ResApp, page-20

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04/12/19

07:27

Post #: 41780968
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Originally posted by Red bar ↑

Good morning
Either way it states on that Tweet 5 p.m. market was closed. Could we see an update this morning between Coviu and ResApp in the form of an ASX announcement?
I only bumped into the Coviu blog last night by chance as I was scouring their website looking for financials. We know that 7000 + clinicians are now going to be given the ability to diagnose coughing signatures remotely out of the comfort of ones home and that it's "particularly beneficial to rural dwellers and patients with disabilities." How much revenue could we potentially see from this is anyone's guess at $5 to $10 per use and with 40 to 50% of their traffic brought in via a respiratory ailment. We could be talking decent revenue. I remember at the AGM when I asked Tony about the $5 to $10 per use/ cough test he said that telehealth companies are happy to pay within that price range...

It's also worth noting that Coviu have made the following statement: "clinical validation and regulatory approval. ResAppDx-EU is CE Marked in the European Union and Therapeutics Good Administration (TGA) approved in Australia."

They haven't singled out TGA approval has just been granted for children they have made a statement to suggest TGA has been approved all round children/ adults as well which I believe is a fair enough statement because I think it is a shoe in anyway... TGA approval for adults I think is coming this week as long as BSI, ResApp's notified body gets around to updating the address chop chop!

Cheers

Red bar

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Good Morning,

Great find @Redbar.

I will be interested in the training and awareness aspects. How will Coviu notify the physicians and get them conversant with the new add on feature? Do they have a built-in training module, or do they provide a link to a third party ( Youtube) training website?

Training 7000+ Doctors seems like a herculean task.

RAP Price at posting: 26.5¢ Sentiment: Buy Disclosure: Held
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Coviu & ResApp, page-20

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