UPDATE: BioNexus Gene Lab Corp. Agrees to Invest $250K In Ascension Innovation (AISB) To Advance Digital Health Innovation Through AI Adoption In Healthcare
Portfolio Pulse from Benzinga Newsdesk
BioNexus Gene Lab Corp. (BGLC) has announced a strategic investment of $250K in Ascension Innovation Sdn Bhd (AISB), a Malaysian healthcare technology company. This investment, made through BGLC's subsidiary MRNA Scientific, aims to advance digital health innovation by integrating AI in healthcare solutions. AISB's aiCMS platform is expected to enhance patient care through predictive analytics and personalized health management. The global digital health and AI in healthcare markets are projected to grow significantly, indicating potential for further investment and market participation by BGLC and MRNA.

April 18, 2024 | 5:59 pm
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BioNexus Gene Lab Corp.'s $250K investment in AISB through its subsidiary MRNA Scientific aims to leverage AI for advancing healthcare solutions. This strategic move could enhance BGLC's market position in the rapidly growing digital health and AI healthcare sectors.
The investment in AISB aligns with BGLC's focus on genomic diagnostics and healthcare technology, potentially opening new revenue streams and market opportunities in the digital health sector. Given the projected growth rates for the digital health and AI in healthcare markets, this strategic investment is likely to positively impact BGLC's stock in the short term by enhancing its innovation capabilities and market reach.
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