Ann: AHI Executes Binding Heads of Agreement to Acquire Physimax, page-2

Excellent to see an agreement has been made and the BTS / BHA formally executed.

Highlights:

• AHI concludes binding heads of agreement to acquire Physimax.
• Physimax has developed Advanced Musculoskeletal Assessment Artificial Intelligence.
• Musculoskeletal conditions affect 1.71 billion people worldwide.
• Musculoskeletal disorders such as lower back pain cause the highest burden on healthcare systems with a prevalence of 568 million people worldwide.
• Musculoskeletal conditions are the leading contributor to disability worldwide, causing disability in 160 countries.
• Musculoskeletal conditions significantly limit mobility and dexterity, leading to early retirement from work, lower levels of well-being and reduced ability to participate in society.
• $16 billion lost annually from Australian GDP due to Musculoskeletal conditions.
• Physimax is chosen by clinicians, elite sports teams, and the US Military.