Pfizer has made a $100 million bid to acquire a Brisbane-based app company that claims it can screen users for COVID19 by coughing into a smartphone. 9News
ASX-listed ResApp Health today informed the market it had entered into a binding scheme implementation deed for Pfizer Australia Holdings Pty Limited to acquire 100 per cent of its shares.
In a pilot clinical trial of 741 patients , the app detected the virus in 92 per cent of people who had the virus.ResApp said the technology would be targeted for use as a COVID-19 "screening test", where positive results would then lead to a patient conducting a rapid antigen or PCR test. "These algorithms offer a unique opportunity to provide a rule out screening test for COVID-19 at scale across the world, reducing the distribution challenge, the cost and the environmental impact of rapid antigen and PCR testing.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Pharma giant Pfizer makes $100m bid for Brisbane start-upPfizer has lobbed an offer for ResApp, which claims its technology can diagnose COVID-19 by listening to the sound of a cough.
Read more »
Pharma giant Pfizer makes $100m bid for Brisbane start-upPharmaceutical giant Pfizer has made a $100 million bid to acquire local healthcare business ResApp and its smartphone diagnostics technology that claims to be able to diagnose COVID-19 by listening to the sound of a cough domp | ausbiz COVID
Read more »
Pharma giant Pfizer makes $100m bid for Brisbane start-upPharmaceutical giant Pfizer has made a $100 million bid to acquire local healthcare business ResApp and its smartphone diagnostics technology that claims to be able to diagnose COVID-19 by listening to the sound of a cough domp | ausbiz COVID
Read more »
Pharma giant Pfizer makes $100m bid for Brisbane start-upPfizer has lobbed an offer for ResApp, which claims its technology can diagnose COVID-19 by listening to the sound of a cough.
Read more »
'You can't manage money and no-one knows you': Albanese hits back'I have been in public life a long time, they know my back story.” Opposition leader Anthony Albanese says he's confident with his public profile after Prime Minister Scott Morrison lambasted him as an unknown. AusVotes 9News MORE:
Read more »
PM says his 'strength' got Australia through COVID-19 pandemic“Not everybody will necessarily like me but what they will know is that when we face this crisis, we ploughed through with the right plan to keep our economy strong.” AusVotes 9News READ MORE:
Read more »