RE: RNS31 Mar 2022 12:07
The following is courtesy of Ged5 over on the other place.
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This is still a very small company and is operating in a field where contracts take time. Too long for some and there's always the doubt it may not get there.
Let's remember what TO said about India
"Now the other big opportunity we've gone out to raise this money for is in India around TB screenings. So, we were actually selected by the UK dept of International trade for a trade mission back in December last year, and this was really as a sort of precursor to Boris Johnson's state visit that of course unfortunately never happened because of covid.
But what it did mean was that we were able to sit with government and state level stakeholders within India and really understand what their pain points were and where they were going to be looking to bring funding on and the thing that really came up was TB screening.
So they have a big problem in India and actually internationally with TB, we know about 40 percent of the Indian population have blatant TB, they have about 2.6 million cases, new cases every year and so what Modi has now stipulated is they want to eradicate TB within a 5-10 year horizon. That means that they now need to work out who within the population has TB and who doesn’t, and TB screening requires a chest X-ray, now chest X-rays are almost exclusively done in urban settings in India – yeah- the vast majority of population are rural, and what we don’t have the network capability to be able to take an X-ray in a rural setting and share it with a radiologist for reporting.
But that is exactly the technology solution that we have developed with the Bleepa Box which is the solution we designed for the UK Vets at CVS that allows you to take an X-ray of a horse in a stable push it via a mobile phone network to our cloud and then make it immediately available through Bleep for discussion.
And so the opportunity for us really has been around evolving over the last 11 months in the background and again, hasn’t been something we have been able to talk to anyone until now, so erm, we are at the point now where we have been able to talk about what we are doing here, so we have announced the Partnership, one of – err- many partnerships we are in discussion with at the minute … with a company called Qure.ai …Qure have an amazing algorithm that will diagnose TB of a chest X-ray, and what this will allow us to do is to have an X-ray taken in a village in India pushed over by the Bleepa box straight into the cloud over a mobile phone network, we can then immediately the Qure.ai algorithm and with seconds of that image being acquired, we can tell whether that patient had TB or not.