- Advanced Human Imaging (AHI) is providing an update on its partnership with Bearn, as the North American company’s app is updated and relaunched
- AHI and Bearn teamed up to integrate the ASX lister’s scanning technology into its app last year and have since signed additional agreements
- The healthcare stocks says Bearn recently completed and launched its Bearn Marketplace platform, attracting nine million active users
- The marketplace will form part of the Bearn App’s AHI-integrated full launch, which is due to occur in November this year
- Shares in Advanced Human Imaging ended the day in the grey at $1.30
Advanced Human Imaging (AHI) has provided an update on its partnership with Bearn, as the North American company’s app is updated and relaunched.
AHI and Bearn agreed last year to team up and integrate the ASX lister’s scanning technology into the American’s company’s app.
Since then, the two companies have signed additional agreements, while AHI agreed to lend Bearn US$500,000 to expand its capacity.
In Monday’s update, the healthcare stocks revealed that Bearn recently completed and launched its Bearn Marketplace platform, attracting nine million active users.
Bearn also recorded $12.5 million in travel and hotel redemptions, as well as $5 million per month in product redemptions.
Now that the Bearn Marketplace platform was complete, AHI said the American company can now push ahead with its integrated full launch.
It’ll initially launch with partners in mid-October, before a full launch is completed by November 15.
AHI Chairman and CEO, Vlado Bosanac, said he was excited to see the new upgraded app go live and help tens of millions of people achieve their health and wellness goals.
“The new application not only looks and operates far more effectively than the previous version, now coupled with the launch of the marketplace and the extensive uptake and revenue it is already generating, I am looking forward to working further with Bearn in servicing the extensive potential user base of 56 million across Bearn’s current partnerships,” Mr Bosanac said.
Shares in Advanced Human Imaging were trading up 1.54 per cent at $1.32 before ending the day in the grey at $1.30.