(Alliance News) - Feedback PLC on Monday announced it will partner with the Heal Foundation in India to conduct tuberculosis screening projects.
Shares in Feedback jumped 29% to 152.00 pence each in London on Monday morning.
The London-based clinical infrastructure specialist said the partnership supports the Indian government's goal of eradicating TB by 2025.
The collaboration will initially be funded by third-party donors, the firm said.
Feedback said it aims to provide India with a "digital first screening model" that harnesses the speed and accuracy of X-ray imaging, supported by AI diagnostics. Its local subsidiary, Feedback Medical India PVT Ltd, will deliver the TB screening and referral pathways.
Heal Foundation, which is a non-governmental organisation, will "provide project management and on-the-ground delivery of the TB screening project."
"With the company's unique field-based diagnostic and pathway capabilities and Heal Foundation's pioneering on-the ground approach, the aim is to bring a 21st century screening service to every community in India, even to the most remote of communities," said Feedback.
Commenting on the partnership Rohit Singh, managing director of Feedback Medical India, said: "We look forward to working with Heal Foundation and in time believe we can adapt the screening model and together build a business case for increasing the role of technology in future projects.
"It is essential that we can demonstrate the benefits around delivery and scalability in order to help donors understand that technology is a critical component for delivering social impact in this space."
By Sabrina Penty, Alliance News reporter
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