ResApp Health recently announced its planned sale to Pfizer Australia, a wholly owned subsidiary of Pfizer Inc. Pfizer agrees it would acquire 100% of the shares for AUD $0.115 / share,.
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The proposed acquisition and research partnership will add to the biopharmaceutical giant's growing digital capabilities and bolster its efforts "to pave a new era for digital health".
Pfizer has offered $100 million to buy a Brisbane-based company that has invented a smartphone app it says can diagnose Covid-19 by listening to someone cough.