LataMed AI Corp. (OTC: LMED), a development-stage digital health and artificial intelligence technology company, announced that its Venezuelan operating affiliate, LataMed AI VE, has entered into a strategic commercial alliance with CANTV, a state-run telecommunications provider in Venezuela. The partnership aims to expand digital healthcare services throughout the country by integrating LataMed AI's mobile application and selected digital healthcare services into CANTV's product and service offerings.
Under the agreement, the parties intend to work toward making the LataMed AI platform available through CANTV's digital services, combining digital healthcare technologies with one of Venezuela's largest communications networks. Management believes this alliance represents another important milestone in developing the company's integrated healthcare ecosystem, improving accessibility to healthcare services through web-based platforms, mobile technologies, appointment coordination tools, and other digital initiatives currently under development.
The company believes that expanding digital distribution channels through established national infrastructure providers may support broader awareness of the LataMed AI platform while increasing accessibility to healthcare technologies for patients, healthcare providers, and other participants throughout Venezuela. The agreement complements the company's broader strategy of integrating telehealth infrastructure, healthcare coordination technologies, pharmacy initiatives, insurance accessibility, digital payment solutions, and artificial intelligence-driven healthcare services into a unified ecosystem designed for emerging markets.
Dr. Kevin Rodan Levy, Chief Executive Officer of LataMed AI Corp., stated: “This alliance represents another meaningful step in the continued development of our healthcare ecosystem. We believe improving access to healthcare begins with improving access to technology. Working alongside an established telecommunications provider provides an opportunity to expand the reach of our digital healthcare platform while supporting our long-term objective of making healthcare services more accessible, connected, and efficient for communities throughout Venezuela.”
Management noted that CANTV operates one of the country's largest telecommunications networks, providing an important opportunity to increase awareness of the LataMed AI platform while supporting the continued rollout of its healthcare technologies through established digital infrastructure. Implementation activities are expected to occur in phases, with additional updates regarding deployment milestones and other material developments to be provided as implementation progresses.
The company also extended its sincere thoughts to the individuals, families, and communities affected by the recent earthquake in Venezuela. As a company based in Venezuela, LataMed AI remains mindful of the challenges many communities continue to face and expressed gratitude to emergency responders, healthcare professionals, volunteers, and community organizations working to assist those in need.
For additional information, visit https://latamed.ai or review the company’s filings with the U.S. Securities and Exchange Commission at www.sec.gov.
