KSX 0.00% 1.5¢ karmelsonix ltd

Sydney - Tuesday - September 1: (RWE Australian Business News) -...

  1. 2,535 Posts.
    Sydney - Tuesday - September 1: (RWE Australian Business News) -
    KarmelSonix Ltd (ASX:KSX) today announced GMHBA had become the first
    private health insurer in Australia to agree to provide a benefit to its
    members for the purchase of the Personal Wheezometer when it becomes
    available to the public later this year.
    Production of units for the Personal Wheezometer, which received
    TGA approval in May, has commenced and KarmelSonix expects the Personal
    Wheezometer will be available for purchase commencing the final quarter
    of 2009 with a variety of distribution channels being put into place.
    The company says the listing of the Personal Wheezometer as a
    claimable product through the private health insurance process will
    allow for significant penetration of the Personal Wheezometer into the
    community, where asthma affects up to 15pc of the Australian population
    including adults and children.
    Private health insurance in Australia covers 50pc of the
    population, so more than 1m asthma sufferers have some type of private
    health insurance coverage.
    ENDS
 
watchlist Created with Sketch. Add KSX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.