viewVection Technologies Ltd

Vection Technologies introduces E-health application with CompuGroup Medical SE

With the launch of the eHealth Application representing an initial $50,000 in development revenue, Vection’s suite of healthcare focused SaaS products is reinforced.

Vection Technologies Ltd - Vection Technologies introduces E-health application with CompuGroup Medical SE
Vection creates 3D, Virtual Reality (VR) and Augmented Reality (AR) solutions.

Vection Technologies Ltd (ASX:VR1) has executed an initial agreement to develop an eHealth computer vision application with Studiofarma Srl – the software subsidiary of global eHealth leader CompuGroup Medical SE (ETR:COP).

Vection managing director Gianmarco Biagi welcomed the agreement which includes the distribution of the eHealth Application to CompuGroup Medical (CGM) European clients in the pharmacy sector.

He said: “The agreement with CGM is a significant step-change in Vection’s healthcare focused strategy, representing an opportunity to potentially reach a unique customer base of 1 million health professionals as users, including doctors, dentists, pharmacists and other service providers in inpatient and outpatient facilities.”

“Ready to disrupt the sector”

Vection’s eHealth Application enables pharmacists to intuitively scan and identify pharmaceutical products via smart devices, resulting in error free, real-time inventory and supply management while improving the overall work-flow efficiency.

Biagi said: “The eHealth Application is an innovative solution ready to disrupt the pharmacists’ software sector and aligns with our healthcare strategy for 2020.

“We are looking forward to keeping the market updated on the progress.”

The eHealth application will include real-time visualisation of useful pharmaceutical products’ information via Vection’s AR technology and will be integrated into CGM’s complete line of pharmacy specific management software.

“Futuristic technological innovations”

Studiofarma general manager Oscar Sommaggio said the agreement meant customers would have access to cutting-edge AV and VR technology.

He said: “The collaboration with Vection is important for our market because it allows us to bring futuristic technological innovations to the world of pharmacies.

“The questions that come to us from increasingly informed customers and the amount of information that the pharmacist must draw upon, necessarily requires technological support, such as AR and VR, offered by Vection.

“With this agreement we hope to evolve the pharmacy market by projecting it into a new dimension.”

CGM will present the eHealth application at the Cosmofarma Exhibition in Bologna (Italy) on April 17-19, 2020 - the pharmacy world’s leading European event for the Health Care and pharmacy-related services.

Quick facts: Vection Technologies Ltd

Price: 0.115 AUD

Market: ASX
Market Cap: $111.05 m

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