ResApp Health announced significant outcomes obtained from SMARTCOUGH-C-2 Study

March 18, 2019 08:00 PM AEDT | By Team Kalkine Media
 ResApp Health announced significant outcomes obtained from SMARTCOUGH-C-2 Study

The leading digital healthcare company, ResApp Health Limited (ASX:RAP) declared the top-line outcomes for croup and primary upper respiratory tract disease (URTD) attained from the study of SMARTCOUGH-C-2.

SMARTCOUGH-C-2 is a double-blind, prospective study, which concentrates on evaluating the effectiveness of the ResAppDX smartphone application, for the diagnosis of severe respiratory disease detected during childhood. The conducted study registered around 1,667 patients, between the age of 29 days- 12 years. All these patients involved with the study represented 1 among 3 of the participating sites in the USA region, reflecting the symptoms of severe respiratory disease.

While providing cough recordings to the clinical adjudicators, the company came across the technical issues. Therefore, the croup outcomes were not available in the preliminary results. The results were overdue until the time adjudicators heard every cough recording and were engaged with the re-review process of individual patient’s medical records.

A 74% of positive per cent agreement i.e. PPA and 74% of negative per cent agreement i.e. NPA was accomplished for ResAppDx, when the comparison was made with the clinical diagnosis for croup. ResAppDx’s PPA surpassed that of the individual treating team clinicians and had a 65% PPA when the comparison was made to the final adjudicated result. The team clinicians were engaged with observing and treating participants involved in the study, forming a part of routine standard care. According to the study, out of the 29 patients on whom the study was conducted, around 2% were clinically diagnosed with croup.

Source: Company news on ASX

Tony Keating, CEO and Managing Director of ResApp commented that the lesser incidence of croup in the study population demonstrated the relative rarity of croup in the setting. Further, it prohibited the company from the inclusion of it in its FDA submission report.

Recently, the company announced that it had obtained the nod from AusIndustry regarding its application for R&D advanced overseas finding.

Also, the company released its half-year financial results ended 31 December 2018 recently. Wherein the company recorded revenues from ordinary activities down by 38.66% to $34,742 as on 31 December 2018. The loss from ordinary activities after tax attributable to members was up by 4.5% to $ 3,330,307.

On 29 January 2019, the company notified the market about the Ractivities during the second quarter of the financial year ended 31 December 2018. During December, the company submitted its CE Mark Technical File for ResAppDx-EU, which is a mobile software application, supposed to be used by the clinicians to diagnose lower respiratory tract disease like croup, pneumonia, asthma etc., detected among children. During the second quarter of the financial year, the company recorded positive results from double-blind, prospective obstructive sleep apnoea study.

During the period, the company made progress while working with its US and Australian-based consultants on a De Novo premarket submission for its acute paediatric respiratory disease diagnostic smartphone application. The company expected to file the submission to FDA for three of the most clinical indications. As on 31 December 2018, RAP had cash of $6.8million and was well-funded to execute its clinical and commercialisation strategy.

The stock of the company closed at A$0.085, down by 3.409% from its previous close. Its market capitalization is A$69.25 million with circa 786.88 million shares outstanding.


Disclaimer

This website is a service of Kalkine Media Pty. Ltd. A.C.N. 629 651 672. The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. Kalkine Media does not in any way endorse or recommend individuals, products or services that may be discussed on this site. Our publications are NOT a solicitation or recommendation to buy, sell or hold. We are neither licensed nor qualified to provide investment advice.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.


AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.