Advanced Health Intelligence Signed Collaboration Agreement with Bin Farhood International Business Management Group
Portfolio Pulse from Charles Gross
Advanced Health Intelligence Ltd (NASDAQ:AHI) has entered into a collaboration agreement with Bin Farhood International Business Management Group, a subsidiary of the Dr O Group, to deploy AHI's technology in the Middle East and North Africa (MENA) region. Bin Farhood Group will act as an introductory agent for AHI to government and private organizations in the MENA region that might use and commercialize the AHI technology, and/or invest to support AHI’s endeavours.
September 11, 2023 | 11:23 pm
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POSITIVE IMPACT
The collaboration agreement between AHI and Bin Farhood Group could potentially expand AHI's market reach in the MENA region, which could lead to increased usage and commercialization of AHI's technology, and possibly attract investment to support AHI's endeavours.
The partnership with Bin Farhood Group provides AHI with an opportunity to expand its market reach in the MENA region. This could lead to increased usage and commercialization of AHI's technology, and possibly attract investment to support AHI's endeavours. Therefore, this news is likely to have a positive impact on AHI's stock in the short term.
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IMPORTANCE 80
RELEVANCE 100