BRIEF: Unisound in new collaborations with three government health bodies
Speech recognition technology company Unisound AI Technology Co. Ltd. (9678.HK) said on Monday it has entered into collaboration agreements worth more than 20 million yuan ($2.86 million) with three governmental health bodies.
The agreements with the Jiangsu Healthcare Security Bureau, the Health Commission of Shijiazhuang, and the Health Commission of the Jinshui District of the city of Zhengzhou leverage Unisound’s UniGpt Medical Large Model designed for the medical sector. The collaborations cover areas including medical insurance vertical large models, regional healthcare quality management and intelligent hospital information construction.
Unisound’s shares fell through the day after opening flat, and were down 4.6% at HK$399.20 in mid-afternoon trading. The stock has nearly doubled from its IPO price of HK$205 last June.
By Doug Young
To subscribe to Bamboo Works free weekly newsletter, click here
Related Articles
RELATED ARTICLES
-
WORK Medical enters strategic partnerships in bid to explore RWA initiatives
WOK.US -
Years of losses, thin profit margins leave 160 Health feeling down
2656.HK
- IPO hopeful Distinct Healthcare targets the well-to-do market
- PomDoc offers up well-conceived but overvalued digital healthcare IPO
- NEWS WRAP: MediTrust Health says AI to empower better decision-making for insurers
- Anew Health taps investor ‘Qi’ with Nasdaq listing plan
-
BRIEF: Ping An Health’s profit jumps
1833.HK
