Feedback plc
New
tuberculosis partnership in India
· Partnership focused on
delivering CSR and donor funded screening
projects
· Aim to develop a digital
model that is able to scale at pace
Feedback plc (AIM: FDBK, "Feedback"
or the "Company"), the clinical infrastructure specialist,
announces a new partnership with the HEAL Foundation in India, to
deliver community based TB screening projects, funded initially by
third-party donors, to support the government's goal of eradicating
tuberculosis ("TB") by 2025.
With the Company's unique
field-based diagnostic and pathway capabilities and HEAL
Foundation's pioneering on-the ground approach, the aim is to bring
a 21st century screening service to every community in
India, even to the most remote of communities. The focus of this
partnership is to develop and drive a digital model, that is able
to scale at pace, and build the case for increasing the role of
technology to deliver TB screening in India, which has a population
of over one billion. This will likely initially be in the form of
part-funded pilot studies, which the Company anticipates would
cover its core project costs, to validate the digital model ahead
of commercial contracts.
Feedback is aiming to provide India
with a digital first screening model that harnesses the speed and
accuracy of X-ray imaging, supported by AI diagnostics. Effective
screening requires asymptomatic cases in all areas of society, and
we believe the only way to deliver this is via X-ray imaging
performed right in the heart of the community.
HEAL Foundation, as a
non-governmental organisation ("NGO") will be the contracting
entity with the donor organisations to receive funds. The
partnership envisages that HEAL Foundation will provide project
management and on-the-ground delivery of the TB screening projects
- with Feedback, through its local subsidiary Feedback Medical
India PVT Ltd, being the end-to-end technology partner (including
selection and appointment of an AI provider, where appropriate) for
TB screening and referral pathways.
HEAL Foundation is a not-for-profit
organisation registered under the Indian Trust Act. As a trust, it
aims to engage key stakeholders of the healthcare industry in
India.
Rohit Singh, Managing Director of Feedback Medical India PVT
Ltd said: "It is clear that TB
screening needs a new model - and the only approach is a digitally
enabled service, ideally with a digital front door and Bleepa is
that enabler.
"We look forward to working with HEAL Foundation and in time
believe we can adapt the screening model and together build a
business case for increasing the role of technology in future
projects. It is essential that we can demonstrate the benefits
around delivery and scalability in order to help donors understand
that technology is a critical component for delivering social
impact in this space.
"We are extremely excited by this partnership - with World TB
Day yesterday, further raising public awareness about the
devastating health, social and economic consequences of TB, we very
much hope to be part of the solution in
India."
--Ends--
Enquiries:
Feedback plc
Tom Oakley, CEO
Anesh Patel, CFO
|
+44 (0) 20 3997 7634
IR@fbk.com
|
|
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Panmure Gordon (UK) Limited (NOMAD and
Broker)
Emma Earl/Freddy Crossley (Corporate
Finance)
Rupert Dearden (Corporate
Broking)
|
+44 (0)20 7886 2500
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Walbrook PR Ltd;
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Tel: 020 7933 8780 or
feedbackplc@walbrookpr.com
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Nick Rome/Joe Walker
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07748 325 236 or 07407 020
470
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About Feedback
Feedback plc helps clinical teams to
make better decisions faster for patients. We design products that
enhance clinician access to patient data and to their colleagues.
Our unique approach centres around individual patient episodes,
into which we pull relevant clinical data from hospital systems and
around which we build remote clinical teams for collaboration. As a
result, we produce a digital infrastructure that makes patient data
available to clinicians in multiple settings, in a format that
enables them to meaningfully interact with it, providing
flexibility to clinicians and free movement of patients between
provider settings - clinicians can practice from anywhere and
patients can attend any care provider for
treatment.
Our products Bleepa and CareLocker
work together to deliver unparalleled value to our customers.
Bleepa is our application layer and sits on top of CareLocker as
our data layer. Bleepa is a clinician facing platform that displays
clinical results from a patient's CareLocker at a certified and
regulated quality, that is suitable for clinical use and enables
dialogue on a patient-by-patient basis with colleagues through a
secure, auditable chat interface that links back to the patient
medical record. The CareLocker data storage model is built around
the patient. Our vision is one where relevant clinical data is
always available to the patient as well as to any care setting that
they may attend - a federated data architecture with the patient as
the tenant.
The Company has a number of growth
opportunities domestically and internationally across a range of
markets including the NHS, the veterinary market and private
healthcare providers and its highly scalable Software as a Service
("SaaS")-based model is expected to provide increasing levels of
revenue visibility as the Company grows its customer
base.
About HEAL Foundation
HEAL Foundation is a not-for-profit
organisation registered under the Indian Trust Act. As a trust, it
aims to engage key stakeholders of the healthcare industry in
India.
About Us -
healfoundation