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Advanced Health Intelligence Ltd Signs Collaboration Agreement With IntelliGen FZ-LLC

Benzinga ·  Aug 14, 2023 17:03

Advanced Health Intelligence Ltd (NASDAQ:AHI) ("AHI" or the "Company") is pleased to inform shareholders that the Company has entered into a Collaboration Agreement with UAE-Based IntelliGen FZ-LLC to deploy the AHI technology throughout the Middle East.

AHI enters a second commercial agreement in the UAE. • IntelliGen Founders have worked with, and within the Government, Healthcare needs across the Middle East. • IntelliGen will receive up to 2,000,000 AHI shares for the delivery of a USD$20,000,000 License to AHI within the region. • IntelliGen to receive a revenue share on all sales across the region delivered by IntelliGen.

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