Cognetivity Signs Commercial Agreement With Emirates Health Services Of UAE

Cognetivity Neurosciences (CSE: CGN) has entered the mainstream. The company this morning announced that it has signed a commercial agreement with Emirates Health Services, the main federal provider of public healthcare in the UAE.

Under the commercial agreement, the company will see its Integrated Cognitive Assessment tech be deployed throughout the country. The tool is utilized as a method of screening for cognitive impairment, with its implementation to be used “to enhance the timely diagnosis of mild cognitive impairment and dementia.:

The arrangement with the Health Services will see the firms tech deployed at EHS run clinics throughout the country. The agency currently operates hundreds of healthcare centers and hospitals across the UAE. The arrangement follows the recent registration of the tech with the Ministry of Health, for which it has been cleared for medical use across the country.

“We’re hugely excited about this latest deployment of the ICA and thrilled to confirm another major deal in the Middle East. To tackle the massive global problem of dementia, we have to begin cognitive testing on a larger scale than ever before. The ICA is the perfect tool in every way for this job and this latest implementation paves the way for further large-scale deployments in the future, which is immensely exciting,” commented CEO Dr Sina Habibi on the achievement.

Rollout of the dementia-testing tech is expected to be rapid, due to the ability of the ICA to be utilized by patients without supervision. The tech utilizes a short, simple test on a tablet that can be conducted remotely by patients, while providing an “end-to-end cognitive testing solution.”

Financial details of the arrangement were not disclosed.

Cognetivity Neurosciences last traded at $0.53 on the CSE.


FULL DISCLOSURE: Cognetivity Neurosciences Ltd is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Cognetivity Neurosciences Ltd on The Deep Dive, with The Deep Dive having full editorial control. We may buy or sell securities in the company at any time. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

Mergers Set the Stage for Uranium’s Growth Cycle | Forum-Baselode Merger

The Goal is Gold Production as Soon as Possible! | Gordon Robb – ESGOLD Corp.

Snowline Gold: The Multi Billion Dollar Valley PEA

Recommended

First Majestic Produces 7.9 Silver Equivalent Ounces In Q2, Lifts Production Guidance

Antimony Resources Drills 4.17% Antimony Over 7.4 Metres At Bald Hill

Related News

Early Detection For Alzheimer’s Via AI Driven Cognitive Testing – The Daily Dive feat Thomas Sawyer

Joining us at the midpoint of the week on the Daily Dive, is that of...

Wednesday, January 27, 2021, 01:30:00 PM

Cognetivity To Deploy Flagship Assessment Tool At Florida-Based Clinic

The rollout of Cognetivity Neurosciences’ (CSE: CGN) flagship product, the CognICA cognitive assessment tool, continues....

Wednesday, May 25, 2022, 07:53:15 AM

Cognetivity Enters Distribution Arrangement For Dementia Product In Middle East

Cognetivity Neurosciences (CSE: CGN) is expanding its global distribution. The firm this morning announced it...

Thursday, January 27, 2022, 09:09:29 AM

Cognetivity Neurosciences Sees Former UK Health Minister Appointed To Advisory Board

Cognetivity Neurosciences (CSE: CGN) this morning announced that it has added a former UK Health...

Monday, April 12, 2021, 09:09:04 AM

Cognetivity Neurosciences: Echelon Initiates Coverage With $0.85 Price Target

On Friday, Echelon Capital Markets initiated coverage on Cognetivity Neurosciences (CSE: CGN) with a speculative...

Monday, April 19, 2021, 10:36:00 AM