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Advanced Human Imaging (ASX:AHI) signs definitive agreement with Inter-Psy

ASX News, Health Care
ASX:AHI      MCAP $22.60M
14 February 2022 15:32 (AEST)
Advanced Human Imaging (ASX:AHI) - CEO, Vlado Bosanac

Source: Advanced Human Imaging

Advanced Human Imaging (AHI) has signed a definitive agreement with Netherlands-based mental health and preventative care company, Inter-Psy to integrate its technologies for the HEALTHiCHECK app.

HEALTHiCHECK is a preventative screening platform, developed by InterPsy and is expected to be available in the Netherlands in May.

The app evaluates results and gives users professional advice on medically validated steps to improve health responsibly.

It can also assist the medical process through referral and aftercare.

Inter-Psy plan to market the HEALTHiCHECK AHI integrated solution to individuals in the Netherlands who are eligible for the government combined lifestyle intervention program.

This program pays organisations up to EUR$800 (A$1,274) for each person with a BMI over 30 that participates in a two-year program aimed at maintaining a healthy lifestyle.

The AHI technology will be used as an obesity identification tool that will assist in the qualification and identification of the reimbursable constituency.

HEALTHiCHECK Project Leader Adryan van der Linde said he is pleased with what the agreement can do for accessible health checks.

“At Inter-Psy we pride ourselves on being market leaders and innovators, and I am looking forward to leveraging AHI’s technology to provide real outcomes to the Netherlands and European populations,” he said.

“Both through our platform and the governments paid initiative for the correction of these diseases through early intervention.”

Under the terms of the master services agreement, Inter-Psy will use its best endeavours to target 200,000 active users on the HEALTHiCHECK platform within the first 12 months. There are no penalties for not achieving this target.

AHI said it does not expect any immediate material financial return as a result of entering into this agreement, but expects to generate fees from the commercial arrangement in the future.

Shares were trading 5.48 per cent higher today at 38.5 cents each at 3:25 pm AEDT.

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