Brief: Brain+ Closes First Sale Of Dementia Product At DKK 50,000

Brain+ A/S

02/01/2023 07:25

Jan 2 (Reuters) - Brain+ A/S  BRAINP.CO :
    * SAID ON SATURDAY, CLOSES 2022 WITH FIRST MUNICIPAL SALE OF
NEW
DEMENTIA PRODUCT, BEGINS MONETIZATION JOURNEY 
    * SALE COVERS USE OF 'BASIC PACKAGE' OF CST-THERAPIST
COMPANION IN
ONE TRAINING FACILITY FOR ONE YEAR IN HERNING, AT AN
INTRODUCTORY PRICE OF DKK 50,000
    * SALE HAPPENS WITHIN 2 MONTHS OF MARKET INTRODUCTION IN
WHAT IS
NORMALLY MUNICIPAL SALES CYCLE OF 6-18 MONTHS
    * TOTAL MARKET POTENTIAL IS VALUED AT DKK 200 MLN, IN THE
RANGE OF
DKK 250,000-10 MLN PER MUNICIPALITY
    * ESTIMATES ARE BASED ON FULL FUTURE PORTFOLIO OF CO'S
DIGITAL
DEMENTIA PRODUCTS AND SERVICES

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nWkr4lkWmB
 Further company coverage:  BRAINP.CO  
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