Health Tech Firm Enlitic Eyes Australian Listing, AFR Reports

Health technology firm Enlitic is considering an ASX listing, the Australian Financial Review reported Sunday, without saying where it got the information.

(Bloomberg) — Health technology firm Enlitic is considering an ASX listing, the Australian Financial Review reported Sunday, without saying where it got the information.

The San Francisco-based company’s management has met with firms including Barrenjoey Markets Pty Ltd and Shaw & Partners Ltd. to select a broker line-up, the newspaper reported.

Enlitic may raise about A$40 million ($27.5 million) for a A$300 million market capitalization, AFR said, without providing more detail.

The company uses artificial intelligence to train software to read things like radiology scans.

Read more: Enlitic Raises $25m In AI-Backed Bid to Detect Cancer Faster

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