MENU

Resapp Health Ltd (ASX:RAP) suspends trade on Smartcough results

Digital health company in the business of developing smartphone apps for respiratory patients, Resapp Health Ltd (ASX: RAP), has gone into voluntary trading suspension today pending the release of an announcement regarding its Smartcough study results.

Speculative investors have had their eye on Resapp Health for some time and the company reported strong results from its clinical study into sleep apnoea back in September, with its smartphone app delivering surprising results.

The Smartcough study will evaluate the efficiency of a Resapp Health app to diagnose and manage respiratory diseases, including childhood acute respiratory disease, with 1,470 patients involved in the study.

Resapp is working hard to cement its credibility as a viable healthcare technology company, with breathing disorders company Somnomed Limited (ASX: SOM) and respected sleep disorders product manufacturer, ResMed Inc (ASX: RMD), also attempting to tap into the sleep treatment market, albeit via slightly different avenues.

Japanese Billionaire’s Prediction Will Give You Goosebumps

When a veritable investing and entrepreneurial genius speaks, it pays to listen.

In fact, he's now preparing a $100B "war chest" to invest entirely in this "terrifying" new technology, which could spell huge profits for investors.

Click here to learn about this technology and how you can profit!

Motley Fool contributor Carin Pickworth has no position in any of the stocks mentioned. The Motley Fool Australia has recommended ResMed Inc. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Two New Stock Picks Every Month!

Not to alarm you, but you’re about to miss a very important event! Chief Investment Advisor Scott Phillips and his team at Motley Fool Share Advisor are about to reveal their latest official stock recommendation. The premium “buy alert” will be unveiled to members and you can be among the first to act on the tip.

Don’t let this opportunity pass you by – this is your chance to get in early!

Simply enter your email now to find out how you can get instant access.

By clicking this button, you agree to our Terms of Service and Privacy Policy. We will use your email address only to keep you informed about updates to our website and about other products and services we think might interest you. You can unsubscribe from Take Stock at anytime. Please refer to our Financial Services Guide (FSG) for more information.