REG - Feedback PLC - New tuberculosis partnership in India

FeedbackAnnouncement

25/03/2024 07:00

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RNS Number : 0594I  Feedback PLC  25 March 2024

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                                    +44 (0) 20 3997 7634

 Tom Oakley, CEO                                 IR@fbk.com (mailto:IR@fbk.com)

 Anesh Patel, CFO

 Panmure Gordon (UK) Limited (NOMAD and Broker)  +44 (0)20 7886 2500

 Emma Earl/Freddy Crossley (Corporate Finance)

 Rupert Dearden (Corporate Broking)

 Walbrook PR Ltd;                                Tel: 020 7933 8780 or feedbackplc@walbrookpr.com
                                                 (mailto:feedbackplc@walbrookpr.com)
 Nick Rome/Joe Walker                            07748 325 236 or 07407 020 470

 

 

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 (https://healfoundation.in/about-us)

 

 

 

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