DGAP-Adhoc: Aladdin Healthcare Technologies sets up Joint Venture with Chinese partner network and wins new customer - first sales revenues of EUR 120,000
DGAP-Ad-hoc: Aladdin Healthcare Technologies SE / Key word(s): Joint Venture
Aladdin Healthcare Technologies sets up Joint Venture with Chinese partner network and wins new customer - first sales revenues of EUR 120,000
29-Apr-2020 / 12:45 CET/CEST
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Aladdin Healthcare Technologies sets up Joint Venture with Chinese partner network and wins new customer - first sales revenues of EUR 120,000
BERLIN/LONDON, April 29, 2020 - Aladdin Healthcare Technologies SE ("Aladdin", ISIN: DE000A12ULL2), a leading developer of AI healthcare diagnostics and drug discovery applications, has just founded Aladdin Healthcare Technologies China Ltd. together with an extensive network of scientists, pharmacologists and healthcare practitioners including IIAT.
The goal of the joint venture (JV), in which Aladdin Healthcare holds a 51% stake, is the further global development and marketing of an AI-based drug discovery tool. The tool supports basic clinical research for the development of new drugs for age-related diseases such as Alzheimer's, cardiovascular diseases, pulmonary diseases, diabetes and osteoporosis.
At the same time, Aladdin has gained a new customer. The order volume for the use of the AI platform and for consultancy services is EUR 120,000.
For further information
Aladdin Healthcare Technologies Ltd.
24-26 Baltic Street West
London EC1Y 0UR
Phone +44 7714 719696
Email: info@aladdinid.com
Website Link: www.aladdinid.com
Contact Press
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Phone +49 89 1250 90330
Email: sh@crossalliance.de
www.crossalliance.de
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