ableX Begins Capital Raise, Announces Partnership in China

Auckland based healthcare technology company, ableX has today launched its public capital offer through Snowball Effect, to raise up to $1.2m, at a pre-money valuation of $6m. Founded in 2010, ableX develops and markets an innovative cloud based “plug and play” digital rehabilitation system for recovery from stroke and other neurological disabilities.

“Globally, healthcare is being revolutionized”, said ableX CEO Elliott Kernohan. “We’re seeing rapid investment in digital health solutions, and more health services than ever are being delivered to patients in their homes and in the community – ableX is at the forefront of these two powerful trends”.

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