Respiri Limited Secures A$4 Million and Proposes Rebranding to Vitasora Health

The latest announcement is out from Respiri Limited ( (AU:RSH) ).

Respiri Limited has secured A$4 million through a placement to support its business investments and customer expansion, particularly in the U.S. healthcare market. The company is also proposing a name change to Vitasora Health Limited, reflecting its evolution into a full-service care management company. This strategic move aligns with the broader shift in U.S. healthcare towards value-based care, positioning Vitasora for significant growth and strengthening its role as a trusted partner for healthcare providers and payers.

More about Respiri Limited

Respiri Limited, now rebranding as Vitasora Health Limited, operates in the healthcare industry, focusing on connected care management. The company provides remote patient monitoring services primarily in the USA, aiming to enhance patient outcomes and reduce healthcare costs through comprehensive chronic disease care management.

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $44.76M

For a thorough assessment of RSH stock, go to TipRanks’ Stock Analysis page.