Welcome to our dedicated page for Cloud Dx news (Ticker: CDXFF), a resource for investors and traders seeking the latest updates and insights on Cloud Dx stock.
The CDXFF news page on Stock Titan provides an organized archive of public announcements and developments related to Cloud DX Inc., a former North American digital health platform and provider of virtual care and remote patient monitoring solutions. These news releases document how the company positioned its Connected Health remote patient monitoring platform, which was used by healthcare enterprises and care teams across North America to manage chronic disease, support aging in place, and deliver hospital-quality post-surgical care in the home.
Through these historical updates, readers can review Cloud DX’s disclosures about contracts with hospitals, community paramedic services, clinics, and provincial or territorial health authorities, as well as its reported role in providing remote patient monitoring products and services. The archive also includes company statements about awards and recognition, such as being the co-winner of the Qualcomm Tricorder XPRIZE, a 2021 Edison Award winner, a Fast Company "World Changing Idea" finalist, and one of "Canada's Ten Most Prominent Telehealth Providers."
In addition to growth and contract announcements, the CDXFF news record covers Cloud DX’s restructuring process. Key items include the filing of a Notice of Intention to Make a Proposal under the Bankruptcy and Insolvency Act (Canada) by its material subsidiary, the court-supervised sale of Cloud Diagnostics Canada ULC under a reverse vesting order, and the company’s later disclosure that it ceased operations and transferred all assets to a purchaser. The news flow also documents the Cease Trade Order issued by the Ontario Securities Commission due to the company’s inability to file audited financial statements for its 2024 fiscal year.
By browsing this page, investors and researchers can follow the full narrative arc of Cloud DX Inc. (CDXFF) through its contract wins, financial reporting announcements, restructuring steps, and eventual cessation of operations, using the company’s own news releases as a primary source.
Cloud DX, a leader in remote patient monitoring, will present at the Emerging Growth Conference on November 9, 2022. CEO Robert Kaul will discuss new partnerships with major medical technology firms, including Medtronic and Teladoc Health, highlighting Cloud DX's position as a preferred partner in Remote Patient Monitoring in North America. This presentation aims to update investors on growth plans for Q4 2022 and 2023. Attendees can engage and ask questions during the interactive online session.
Cloud DX has secured its sixth Community Paramedicine contract in Ontario, enhancing its Connected Health program. The latest contract aims to deploy over 1,000 monitoring kits funded by an $82 million program from the Ontario government. The initial funding for the deployment is up to $200,000 CAD over 24 months. This partnership not only aims to lower hospital admissions but also to support at-home care for vulnerable patients. An upcoming earnings call on November 16, 2022 will provide further insights into corporate initiatives and performance.
Cloud DX (TSXV:CDX)(OTCQB:CDXFF) will release its Q3 financial results on November 16, 2022, after market open. CEO Robert Kaul will host an earnings call at 12 PM EDT to discuss the results and strategic developments, including partnerships with Teladoc and Medtronic. The company aims to enhance patient outcomes and reduce healthcare costs through its Connected Health remote patient monitoring platform.
Cloud DX (CDXFF) has partnered with Medioh to enhance digital health services for clinics and healthcare systems across North America.
This collaboration aims to optimize inventory management and enable efficient scaling of remote patient monitoring (RPM) services.
With Cloud DX’s established RPM platform and Medioh’s logistical expertise, the partnership is expected to improve patient care and health outcomes while ensuring compliance with regulations.
Cloud DX announces the purchase of 160 additional Connected Health™ kits by Oxford County Paramedic Services to enhance its Community Paramedicine Remote Care Monitoring program. This expansion aims to meet the increasing demand for remote patient monitoring services for vulnerable populations. The total contract value is estimated at up to $325,000 CAD through March 2024. The expansion is part of a larger initiative fueled by an $82 million investment from the Ontario government.
Cloud DX Inc. (TSXV:CDX)(OTCQB:CDXFF) announced plans to complete a non-brokered private placement of 1,800 secured convertible debentures for up to $1.8 million. Each debenture is priced at $1,000, maturing in 18 months, with an interest rate of 18%. The proceeds will be used for inventory and general working capital. The offering is subject to TSX Venture Exchange approval, and the debentures will be convertible into common shares at C$0.16 per share. A statutory hold period of four months and one day applies to the securities issued.
Cloud DX (TSXV:CDX) (OTC:CDXFF) participated in the Opportunity Collaborative (OC) Impact 2022 in the Dominican Republic, bringing together 550 global delegates to address health, inequality, and poverty. CEO Robert Kaul introduced new technologies, including the AcuScreen™ app for tuberculosis detection. The company is part of the XPRIZE alumni, showcasing its innovative healthcare solutions. With increasing investments in respiratory diagnostics, this event highlighted Cloud DX's commitment to improving global healthcare access, especially in COVID-19 and Tuberculosis affected regions.
Cloud DX has partnered with CBI Health to launch a new at-home care service, marking a significant milestone in Canadian healthcare. This partnership allows patients to be discharged earlier while maintaining high-quality care at home, which eases the burden on hospitals. The initial contract focuses on enhancing services for clients of Equitable Life of Canada, offering 24/7 monitoring for critical illness claimants. The collaboration aims to streamline care implementation, improve patient outcomes, and reduce healthcare costs, benefiting both healthcare systems and patients.
Cloud DX (CDXFF) announced the appointment of Dr. Gaurav Puri to its board of directors on September 1, 2022. Dr. Puri, the Chief of Emergency Medicine at Southlake Regional Health Centre, brings over 11 years of emergency medicine experience and a robust academic background, including a Doctor of Medicine from the University of Western Ontario. This change follows Co-founder Dr. Sonny Kohli's transition to lead Medical and Regulatory affairs at Roche Canada. His departure will see him step down as Chief Medical Officer but remain a Medical Co-founder.
Cloud DX is set to present at the Emerging Growth Conference on August 31, 2022, showcasing its partnership with Teladoc Health for integrated remote patient monitoring (RPM) solutions.
CEO Robert Kaul will discuss the implications of this collaboration and other initiatives, including an exclusive partnership with Medtronic.
This event provides a platform for investor interaction and insight into the Company's advancements in digital healthcare.