Treatment.com AI Inc. - TREIF STOCK NEWS

Treatment.com AI Inc. (CSE: TRUE, OTC: TREIF) has provided an update on the exercising of warrants issued upon conversion of special warrants on June 21, 2024. Nearly 800,000 warrants have been exercised, raising gross proceeds of approximately half a million dollars. The remaining warrants could potentially bring in over $2 million in additional funds.

CEO Dr. Essam Hamza highlighted that this cash injection will enable the company to expedite its plans, including the launch of 'AI Patient' and 'AI Doctor in the Pocket' products this fall. Treatment.com AI also has a strong acquisition pipeline under review, which could accelerate their growth strategy. The company's core product is the Global Library of Medicine (GLM), an AI-driven healthcare engine providing clinical information with >92% accuracy on first diagnosis.

Treatment AI has provided a corporate update outlining significant progress and milestones. Financially, the company completed an oversubscribed private placement, raising $2.91M, and settled $1.1M in debt, becoming debt-free. New partnerships with aiXplain and Novus Health aim to enhance the Global Library of Medicine (GLM) and develop new healthcare solutions. A trial demonstrated GLM’s high diagnostic accuracy with a 92% success rate. The company expanded its executive team with Richard Atkins as COO and Dr. Jean Challiner as Executive Advisor, enhancing expertise in digital health and clinical decision support. Additionally, two new AI-driven SaaS solutions, AI Patient and AI Doctor in Your Pocket, are set for release in H2 2024.

Treatment AI has announced several significant updates. Financially, the company completed an oversubscribed private placement, raising $2.9 million, and settled over $1.1 million in debt, making it debt-free. They formed new partnerships with aiXplain and Novus Health to enhance their Global Library of Medicine (GLM) and explore new solutions. A recent trial showcased GLM's effectiveness, with a student achieving a 92% diagnostic accuracy rate. The company also bolstered its executive team with key appointments and plans to launch two new AI-driven solutions, AI Patient and AI Doctor in a Pocket, in the second half of 2024.

Treatment.com AI has signed a Collaborative Agreement with Novus Health to utilize its Global Library of Medicine (GLM) for enhancing Novus Health's Health Risk Assessment programs. Novus Health, serving over 1.5 million members, will leverage Treatment's AI-driven GLM to improve healthcare navigation and patient outcomes. This partnership aims to explore Health Risk Assessment and Medical Second Opinion opportunities, as well as develop new joint commercial applications. The collaboration intends to foster the development, validation, and commercialization of innovative solutions to improve healthcare efficiency and patient care outcomes.

Treatment.com AI Inc. appoints Richard Atkins as Chief Operating Officer, bringing over 30 years of experience in sales, partnerships, and executive management. Atkins will accelerate the company's expansion plans, emphasizing the importance of healthcare trust and reliability through AI-driven clinical insights. The company also extends marketing agreements and engages in advertising services to enhance its presence.

Treatment.com AI Inc. announces the contract renewal with a leading US medical school for utilizing their Medical Education Suite. The company is also in talks with various other medical and nursing schools. Treatment aims to reduce costs, streamline administrative work, and provide real-time case testing for schools. The company plans to launch two new subscription-based SaaS solutions in the second half of 2024. The Medical Education Suite is powered by Treatment's AI Global Library of Medicine, offering accurate clinical information and support.

Treatment.com AI Inc. announces the addition of two new solutions, AI Patient and AI Doctor in a Pocket, to its Medical Education Suite (MES) to enhance clinical content education for healthcare providers. The MES aims to reduce faculty administration costs, provide a range of clinical experiences, and offer students a digital self-test companion. The company is also launching two new monthly subscription-based SaaS solutions, AI Patient and AI Doctor in a Pocket, expected to launch in the second half of 2024. The solutions are supported by Treatment's AI-powered Global Library of Medicine (GLM).

Treatment.com AI Inc. introduces two new solutions, AI Patient and AI Doctor in a Pocket, to its Medical Education Suite (MES) aimed at educating healthcare providers. The MES offers a range of clinical content education, faculty benchmarking, and preparation for the OSCE exam. The company plans to launch two new monthly subscription-based SaaS solutions in the second half of 2024. Treatment.com AI also granted 800,000 Restricted Share Units (RSUs) to consultants and an officer of the Company.

Treatment.com AI Inc. (TREIF) signs a Collaborative Agreement with aiXplain, Inc. to enhance access to its Global Library of Medicine through an AI marketplace. The partnership aims to improve clinical diagnosis quality and explore international opportunities, focusing on developing new solutions for the healthcare market globally.