Schroder UK Public Private Trust PLC - formerly Woodford Patient Capital Trust, invests in both listed and private UK companies - Invests EUR11.8 million into German AI-based health assessment platform Ada Health.
"We are at the watershed of a major shift in healthcare, as innovative digital solutions support better health outcomes and clinical excellence with intelligent technology. Ada Health's technology is a rare proposition which delivers against all components of the iron triangle of health care: improving access to reliable healthcare, improving the quality of care through earlier diagnosis and better outcomes while simultaneously helping to save cost by removing inefficiencies in patient care navigation," says Portfolio Managers Tim Creed and Roger Doig.
Current stock price: 32.90 pence, down 4.5% on Friday
Year-to-date change: up 6.1%
By Dayo Laniyan; dayolaniyan@alliancenews.com
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