Business
Ehave Announces Plans to Expand its Health Informatics Technology into Veterinary Medicine
Ehave Announces Plans to Expand its Health Informatics Technology into Veterinary Medicine.
About this update from Ehave Inc.
[{"type":"text","content":"\n\n\n\nEhave Announces Plans to Expand its Health Informatics Technology into Veterinary Medicine\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nEhave Announces Plans to Expand its Health Informatics Technology into Veterinary Medicine\nCanada NewsWire\nTORONTO, Nov. 16, 2017\n\n\n\nCompany to License Core Informatics Platform to Companion Healthcare Technologies, Inc.\n\n\n\nTORONTO, Nov. 16, 2017 /CNW/ -- Ehave, Inc. (OTCQB: EHVVF), a healthcare company dedicated to empowering the mental health community with next-generation digital solutions, today announced plans to expand its business into veterinary medicine.  The company has executed a Letter of Intent (LOI) whereby Companion Healthcare Technologies, Inc. (CHT), a company engaged in partnering, licensing and incubating cutting edge healthcare technologies to improve the quality of care for pets, will license Ehave's core health informatics platform for animal health.  In the U.S., 68% of households have pets and the national spend on these companion animals continues to grow exponentially.  It is estimated at approximately $70 billion for 2017.\n\n\"The veterinary healthcare market continues to undergo explosive growth marked by a drive for new medicines, diagnostics, and technologies that can elevate the quality and access to care for companion animals,\" said Prateek Dwivedi, CEO of Ehave. \"This expansion into yet another emerging healthcare vertical exemplifies the versatility and utility of our technology and is in line with our efforts to fully leverage the flexibility of our core health informatics platform in areas where there is an opportunity to add immediate value and revenue.  As the pace of innovation in animal health continues to accelerate, our platform is ideally designed to support the growth of this exciting industry.  Similar to our established applications in mental health and medical cannabis, by licensing our core platform, CHT and its partners in veterinary research and clinical practice will be able to more effectively monitor, utilize, and improve therapeuti...