Reliq Health Technologies Inc V.RHT.H

Alternate Symbol(s): RQHTF

Technology Software - Application

Reliq Health Technologies Inc. is a global healthcare technology company that specializes in developing virtual care solutions for the healthcare market. The Company’s iUGO Care platform supports care coordination and community-based virtual healthcare. iUGO Care allows complex patients to receive care at home, improving health outcomes, enhancing quality of life for patients and families and reducing the cost of care delivery. iUGO Care provides real-time access to remote patient monitoring data, allowing for timely interventions by the care team to prevent hospital readmissions and ER visits. The iUGO Care platform integrates wearables, sensors, voice technology and mobile apps and desktop user interfaces for patients, clinicians and healthcare administrators. The iUGO Care platform provides services, such as remote patient monitoring, chronic care management, principal care management, behavioral health integration, telemedicine, transitional care management, wound care, and others.

TSXV:RHT.H - Post by User

Reliq Health Technologies Inc > NEWS - New Contract

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Comment by theinvestor22on Mar 24, 2022 11:51am

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Post# 34541643

RE:RE:RE:NEWS - New Contract

This might not be recurring revenue in the conventional sense, but that hardly matters if the deal with this CRO leads to RHT being involved with many new clinical trials every year, so it could level off at some point and not really go down.

Also, with so many doctor's offices being involved, this could lead to a great many new contracts with physicians being signed. So, it might open many doors. Plus, it might open doors to other clinical trial niches.

throwin wrote:

lscfa wrote: clinical trials are short term and cancer patients expire so how real is it to suggest this is recurring revenue.

Does Iscfa understand that clinical trials last for years?
Phase 1, Phase 2, Phase 3.
Each phase requires more patients, across many clinics, in multiple cities. Anyone having owned pre- revenue drug companies know how long and intense these trials can be.
Oh, and many, many cancer patients live for years. Chemotherapy, radiation, and recovery from surgery.
Which means being monitored daily. Ever know a loved one who is on chemo?? There are literally a dizzying amount of side effects from these drugs.
Long Reliq!