Cognetivity Neurosciences: RichTV Analyzes the Recent Developments

At this point in time, investors have a wide range of options when it comes to gathering information about the stock market. There are blogs, websites, apps, and also platforms like YouTube which have dedicated channels that cater to retail investors. One of the more popular YouTube channels for retail investors at this point in time is RichTV Live.

The channel commands a considerable following and regularly showcases a wide range of companies on a daily basis. In a video released last week, the RichTV analyst looked into the medical technology company Cognetivity Neurosciences Ltd  (CSE:CGN) (OTCQB:CGNSF) (FWB:1UB). The medical technology space has grown at a considerable pace in recent times and it is not a surprise that it is now an area of focus for plenty of investors.

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However, it is also easy to see why RichTV decided to focus on the company. There was a significant announcement from the company last week that could have long-term implications about Cognetivity’s business. The company announced that it signed an agreement with Luscii healthtech BV, a Dutch telehealth company, with regards to the development of OptiMind.

OptiMind is a wellness app that is being developed by Cognetivity and the latest agreement is an important one. The Dutch company is going to make use of highly advanced cognitive measurement capabilities in order to get a better idea of the corporate wellness measures and human resources policies that have been put in place by Cognetivity.

Dr. Sina Habibi, who is the Chief Executive Officer of the company joined in the chat with the RichTV analyst and provided plenty of insights into Cognetivity.

When he was asked about the company’s aims for 2021, he said that it took Cognetivity many years to actually come up with a clinical product and now the company is going to work towards improving it at first. He went on to add that when it comes to clinical products it is necessary for the company to bring forward a ton of evidence in order to convince healthcare professionals that the product is actually effective.

Over the course of the last few years, the company has been doing exactly that. It now remains to be seen how the stock performs over the course of this week after being showcased by RichTV.

Featured image: Pixabay

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