Cambridge Cognition Holdings plc (LON:COG), which develops and markets digital solutions to assess brain health, has announced the launch today of AQUA, the Company’s automated quality assurance solution for central nervous system clinical trials that is powered by the Company’s innovative Winterlight speech and language platform. This is the first such solution available in the market. The Company has already secured one customer for AQUA.
Cambridge Cognition believes there is considerable potential for AQUA. Based on independent market research commissioned by the Company, the market opportunity for automated quality assurance for CNS clinical trials measuring cognition alone is estimated to be £16m per annum within five years. Cambridge Cognition also believes there could be further opportunities for use of the technology in other therapeutic areas and in healthcare applications.