Tuesday, January 23, 2024 4:03:50 PM
https://financialpost.com/globe-newswire/medbright-ais-medmatrix-to-expand-its-ai-offerings-for-cosmetic-marketing-clinical-trial-analytics
This expansion highlights the scalability of MBAI's MedMatrix Platform within the massive 200 billion dollar addressable healthcare market. It also highlights the ability for MBAI to scale the deployment and number of users of their Medmatrix platform rapidly. Despite MBAI's Market Cap being less than 22M they have already signed on 14 clinics within 2 months, (including a Yale School of Medicine Affiliated Clinic Group).
The scalability of this tech and the size of the addressable market means easy multiples here if they can continue to execute on signing up clinics.
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