AI Preventative Care Company Enters European Healthtech Market

AI Preventative Care Company Enters European Healthtech Market

By: Tomas Ronolski - AllPennyStocks.com News

Thursday, November 9, 2023

As Europe’s largest healthcare market, Germany is an important jurisdiction for innovation and commercial opportunity for this firm’s expansion plans — which include a recent strategic investment in the market.

Data science and AI firm HEALWELL AI Inc. (TSX: AIDX) announced in a press release a strategic investment in doctorly GmbH, a medical practice management software provider based in Germany. The firm doctorly is a digital health tech startup that has built a cloud-based, fully regulated practice management software to redefine how medical practices work.

HEALWELL and doctorly also entered into a strategic alliance agreement, providing HEALWELL with access to doctorly’s rapidly expanding network of healthcare providers. Shares of HEALWELL AI closed Wednesday trade at $0.69.

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