ResApp Health (ASX:RAP) signs MoU with RB

Company News

by Katrina Bullock

Digital health company, ResApp Health (ASX:RAP) has signed a memorandum of understanding with global health product manufacturer, RB.

Under the MoU the companies will develop a smartphone app for consumers that utilises ResApp’s cough-based algorithms to identify different respiratory conditions and provide recommended next steps.

ResApp and RB have agreed to exclusively work together to build and test a prototype app for consumers to self-assess, or assess with the assistance of a pharmacist, their respiratory symptoms.

The clock is ticking. This exclusivity may be terminated by either party if a joint development agreement is not signed within six months.

Shares in ResApp Health (ASX:RAP) are trading x per cent high/lower at $x.xx.

Katrina Bullock

Finance News Network
Katrina is a respected TV journalist, as well as a renowned presenter and award winning lawyer. She holds a Bachelor of Laws (Honours 1st class, division 1), a Bachelor of Business (with Distinction) and is currently undertaking a PhD in Law focused on stock exchange disclosures and corporate governance. She began her career as a corporate lawyer in an Australian top tier commercial law firm and is currently the General Counsel of Greenpeace Australia Pacific. In 2020 Katrina was named one of the 30 best lawyers in Australia under 30 by Lawyer's Weekly.