Nanocap health tech provider Cardiex flat as ‘CONNEQT’ hits Apple Health

The Market Herald
01 Apr

Cardiex (ASX:CDX) shares have today remained flat on a happier Tuesday ahead of this month’s RBA decision as its CONNEQT cardiovascular health software integrates with the Apple Health application.

Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.

Clearly, that news hasn’t been enough to bring a saving dose of liquidity to the stock.

Still, Cardiex customers with a CONNEQT Pulse Monitor – which Cardiex bills as “the world’s most advanced personal arterial health monitor” on its website – can now link that monitor to the Apple Health app.

(One must also have the CONNEQT App to do this, which apparently allows users to boost their “arterial intelligence.” Whatever that means.)

“Once connected, select biomarker results are automatically updated and accessible within the Health Records section of the [Apple] app,” Cardiex wrote on Tuesday.

“This allows users to view their data in one convenient and secure location on their iPhone in addition to the CONNEQT App.”

Why that duplication would be beneficial remains to be seen but the popularity of Apple products could be a boon here for the company. Still, that duplication concern may also be why investors aren’t rushing to snag CDX shares.

There’s also the fact it only applies to US customers using the latest version of iOS.

More market news

Never-ending: And just like that, Trump’s tariffs are back causing more market chaos

Meet GeoGeorge: The HotCopper poster so accurate he got hired as an analyst

“By integrating with Apple Health Records, we are putting important health information at our patients’ fingertips, helping them make informed decisions and manage their health more effectively,” CDX CEO Craig Cooper said.

CDX last traded at 7.5cps.

Join the discussion: See what HotCopper users are saying about Cardiex and be part of the conversations that move the markets.

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10