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Therma Bright Inc (OTCMKTS:TBRIF) Stock Continues To Trend Lower

Madison Hall , , , ,

Therma Bright Inc (OTCMKTS:TBRIF) is a company that is involved in developing and also investing in cutting edge proprietary diagnostic and medical device technologies. Yesterday, the company announced that it had been successful in setting up a number of collaborations with Tuberculosis medical care establishments. By way of these collaborations, the company would work on the collection of data and screening of patients who may be challenged on the active respiration part.

Trading Data

On Wednesday, TBRIF stock lost 3.77% to $0.0510 with more than 62K shares, compared to volume of 229.75K shares. The stock moved within a range of $0.0510 – 0.0530 after opening trade at $0.0530.

Therma Bright Initiates Data Collection with AI Digital Cough Technology App at TB Clinics

The company is looking to develop a non-invasive point of care mobile application and believes that it holds considerable potential. The app would work on efficient tracing and helping health care professionals to make effective decisions on respiratory issues that may be faced by patients.

At this point in time, the current practices for screening respiratory conditions like Tuberculosis are not only time consuming but also include a number of tests like blood tests, chest X rays and skin tests.

 The company announced that its licensed Digital Cough Technology from AI4LYF offered a major opportunity on this front since the technology offered an artificial intelligence powered data collection system validated by real life situations. It remains to be seen how the project progresses in the near term.

Madison Hall

After graduating from the University of Buffalo, Madison gained a real interest in the markets. She tends to be a swing trader and enjoys Pilates and yoga in her downtime.