Is Capitol Health Ltd a buy on China deal?
This morning, diagnostic imaging business Capitol Health Ltd (ASX: CAJ) announced that it has entered into a five-year Collaboration Agreement with Enlitic Inc. The deal means that Capitol will take a share of revenue from the sale of Enlitic Deep Learning Services in the field of radiology in China. Capitol will receive a percentage of Enlitic sales that it initiates in China and a smaller cut of all other sales from the region. Capitol will also provide training and other support services. Enlitic’s technology applies a form of artificial intelligence called deep learning to medicine. In particular, the technology can potentially be used in radiology to improve diagnostic accuracy and expedite disease detection. Capitol’s partnership with Enlitic began in October 2015 when Capitol announced that it would invest US$10 million…
Link to Full Article: Is Capitol Health Ltd a buy on China deal?
Is Capitol Health Ltd a buy on China deal?
