PainChek Ltd (AU:PCK) has released an update.
PainChek Ltd has announced receiving a $1,210,000 R&D tax refund from the Australian Government, a boost for the company known for developing the world’s first smartphone-based pain assessment app. The app, which has regulatory clearance in multiple regions, is used in over 1,600 aged care facilities and has conducted more than 5 million digital pain assessments. PainChek is expanding its reach by moving into home care, partnering with service providers to support older individuals and those with disabilities.
For further insights into AU:PCK stock, check out TipRanks’ Stock Analysis page.
