Shares of Protect Pharmaceutical Corp (OTCMKTS:PRTT) have been gaining momentum over the past week with a jump of 55%.
Market Reaction
On Tuesday, PRTT stock jumped 0.86% to $0.5850 with more than 4k million shares, compared to its average volume of 48k shares. The stock has moved within a range of $0.5700 – 0.5850 after opening trade at $0.57.
Aetsoft and Protect Pharmaceutical Corp Form a Promising Partnership, Announce Their First Joint Plans
Leading digital solutions provider, Protect Pharmaceutical Corp and Protect Pharmaceutical Corp (OTCMKTS:PRTT), an exploration-stage company on November 12, 2021 announced a partnership agreement, which will entail the companies combining synergies in development, technology, technical talent as well as R&D product areas, ensuring a mutually beneficial relation for both.
Aetsoft has been a leader in innovative technologies, devoting its technical expertise as well as robust R&D practices for delivering top products globally. It is also the first provider globally of such products as the Digital Health Passport protects countries and enterprises against COVID-19 pandemic.
The company has also made their own frameworks for digital automated document processing, reducing manual work by 85%. Aetsoft can hence be an excellent partner in joint development of products while PRTT would be bringing technical talent, robust infrastructure as well as business acumen for developing the new products. Currently, both companies have made forward-looking joint plans as a part of the synergy. This will include designing and developing products in Healthcare, Manufacturing, FinTech, Manufacturing as well as other domains. Furthermore, the companies will engage in R&D of emerging technologies as well as knowledge transfer through webinars, workshops amongst others.
In future, the two firms will be announcing roadmap of launching innovative products disrupting current processes as well as rules in a number of sectors.
