Business
Why the ResApp (ASX:RAP) share price is sinking 5% today
The ResApp Health Ltd (ASX: RAP) share price is sinking today. This comes after the company announced that Medgate had started European trails for ResAppDx, its smartphone-based acute respiratory diagnostic test.
At the time of writing, the digital health company’s shares are down 6.78%, trading at 5.5 cents.
First, a quick take on Medgate
Founded in 1999, Medgate provides telehealth services, bringing physicians to patients where needed via digital health bookings.
The company operates Europe’s largest telemedical centre in Switzerland and employs more than 500 people worldwide. Medgate has a presence in Germany, the Philippines, the United Arab Emirates, and India.
Why is the ResApp share price moving?
In today’s release,…
-
Noosa News8 hours agoExperts share tiny home warning as interest from young people soars
-
Noosa News14 hours agoKarenia cristata species source of toxins in SA’s algal bloom, scientists believe
-
General22 hours agoASIC shone a light on private lending and did not like what it saw
-
General8 hours agoFormer NRL star Trent Merrin charged with $140,000 crypto theft