Australia's largest stock trading and investment forum Australia's #1 stock forum

RAP

Click for more information

0.00%

20.5¢ raptor resources limited

Ann: ResApp Signs LOI with German Private Hospital Network, page-17

Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #

First 17 Last

Share
Profile

Follow
Slykes

1,605 Posts.

202

24/04/18

11:25

Post #: 32651911
Share

Originally posted by TerribleTadpole ↑

The testing referred to in the announcement will be integration testing. ResApp intend the diagnostic tool to integrate (hopefully) seamlessly into the medical administration system: data and results stored for retrieval at will, results directed to relevant medical team whether or not that's the same team that collects the data.

If data for additional training is obtained this will be a bonus, but it would require the pilot to be specifically designed to provide it. The data is only useful for training if an independent gold-standard diagnosis is available for each case.

Integration testing is a critical step in commercialisation.

The fact that a hospital is prepared to undertake this test at their own cost before we have results for any of the current trials seems to me like a pretty strong vote of confidence in the product.

Expand

Thanks for saying it better than I could. it's all about the integration testing.
RAP gets the feedback on that aspect of things at no cost (except peoples time), the hospital gets to use the app as they see fit. Win win really.
Especially with only 6 month exclusive then 6 months non-exclusive after if they choose.

RAP Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

HVN

Harvey Norman may appeal ASIC Federal Court case – the third lawsuit on its plate

RBA holds rates as ALP election campaigning kicks off – expect more political focus

JDO

Timing will be everything for 'smashing' Hot Stock tip Judo Capital Holdings

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

There are more pages in this discussion • 78 more messages in this thread...

First 17 Last

Add RAP (ASX) to my watchlist