Cambridge Cognition announce new £2.2 million contract for at-home cognitive testing
Cambridge Cognition Holdings Plc (LON:COG), which develops and markets digital solutions to assess brain health, announced that it has been selected as the cognitive assessment partner for a large at-home study. The contract is valued at £2.2 million with revenue expected to be recognised by the Company over three years beginning in H2 2021. This is the second, large, at-home cognitive testing contract the Company has secured in two months. The previous one was announced on 8 April 2021 with a value of £0.5 million. In delivering the contract, the Company will deploy web-based cognitive assessments (CANTAB TM ) monthly. Cognition can fluctuate over the course of a day as well as over longer periods, therefore participants will be asked to periodically undertake short digital cognitive assessments up to three times a day. Cambridge Cognition is uniquely positioned to secure this contract as its proprietary CANTAB cognitive assessments produce comparable performance whether delivered under supervision in clinics or unsupervised at home 1, .
Cambridge Cognition announce new £2.2 million contract for at-home cognitive testing
Cambridge Cognition Holdings Plc (LON:COG), which develops and markets digital solutions to assess brain health, announced that it has been selected as the cognitive assessment partner for a large at-home study. The contract is valued at £2.2 million with revenue expected to be recognised by the Company over three years beginning in H2 2021. This is the second, large, at-home cognitive testing contract the Company has secured in two months. The previous one was announced on 8 April 2021 with a value of £0.5 million. In delivering the contract, the Company will deploy web-based cognitive assessments (CANTAB TM ) monthly. Cognition can fluctuate over the course of a day as well as over longer periods, therefore participants will be asked to periodically undertake short digital cognitive assessments up to three times a day. Cambridge Cognition is uniquely positioned to secure this contract as its proprietary CANTAB cognitive assessments produce comparable performance whether delivered under supervision in clinics or unsupervised at home 1, .