Advanced Health Intelligence Ltd Signs Collaboration Agreement With Bin Farhood International Business Management Group LLC
Portfolio Pulse from Benzinga Newsdesk
Advanced Health Intelligence Ltd (AHI) has entered into a collaboration agreement with Bin Farhood International Business Management Group, a subsidiary of Dr O Group, to deploy AHI's technology throughout the Middle East and North Africa (MENA) region. The partnership aims to redefine healthcare and promote health excellence in the region. Bin Farhood Group will receive a monthly consulting fee and a revenue share of 10% on gross sales from contracts introduced by them. The group may also receive fees from any investment into AHI introduced by them.
September 08, 2023 | 4:01 pm
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POSITIVE IMPACT
AHI's partnership with Bin Farhood Group to deploy its technology in the MENA region could potentially expand its market reach and increase its revenues. However, the financial terms of the agreement, including consulting fees and revenue share to Bin Farhood Group, could impact AHI's profitability.
The partnership with Bin Farhood Group could potentially open up new markets for AHI in the MENA region, which could lead to increased revenues. However, the financial terms of the agreement, including consulting fees and a revenue share to Bin Farhood Group, could impact AHI's profitability in the short term. The potential for additional investment into AHI introduced by Bin Farhood Group could also provide a financial boost to the company.
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