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UniDoc (CSE:UDOC) signs agreement to provide telehealth services in Ghana

Health Care, Technology
CSE:UDOC
26 April 2022 10:00 (EDT)
UniDoc Health - CEO, Antonio Baldassarre.

Source: UniDoc Health.

UniDoc (UDOC) has signed a definitive agreement to provide telehealth services in Ghana.

The company will be working under the offices of Her Royal Highness, Nana Hemaa Kwasi Bozoma III, Ndweafo Royal Stool, Ekpu, Western Region, and Nana Angate Kpanyinli III.

The partnership, announced earlier this month, will see the company lease an initial 10 VCSM kiosk locations valued at up to US$2.8M over five years, with locations focused outside of Ghana’s urban centres. The parties may ramp up to 400 kiosk locations valued at up to US$90M over the five-year term.

UniDoc also agreed to provide certain data management, telecommunications and maintenance services.

The VCSM remains under development and has not generated any revenues to date.

“UniDoc is excited to take the next step with our partner in providing accessible health care to the people of Ghana. We believe our Virtual Care Solutions Model will help to address Her Royal Highness’s aim to develop health care infrastructure within local communities,” stated Antonio Baldassare, UniDoc’s CEO.

UniDoc is developing a personal remote virtual kiosk for the delivery of telehealth.

UniDoc (UDOC) is unchanged trading at $1.19 per share as of 9:43 am EST.

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