REGISTERED ADDRESS - EUROPE
71-75 Shelton Street, London WC2H 9JQ, United Kingdom
REGISTERED ADDRESS - ASIA-PACIFIC
2302 Tung Chiu Commercial Centre, 193 Lockhart Road, Wan Chai, Hong Kong
Precise Cardiology Limited is registered in Hong Kong with company registration number 2603869 and in the United Kingdom with company registration number 12274174, with the objective of creating specific and separate corporate entities to hold and develop the PRECISE Cloud ECG product and undertake business in the Asia-Pacific and European regions.
Following the establishment of the company, the intellectual property of the PRECISE project, copyrights and pattern applications are being injected into the company through a Technology Transfer Agreement with Planexta Inc., along with employment contracts for the development team, as well as the intangible value of the research and development that has so far gone into the product.
The choice of Hong Kong and the United Kingdom as the corporate location / regional headquarters is driven by the desire to launch the product globally and in addition to Europe to also to have a key focus on Asia-Pacific and its large and key markets of China and India. There is also the possibility of a research project with the University of Hong Kong to assist in understanding the exact ECG reading needs and issues in Asia-Pacific. Establishing a presence in the Americas will be the next objective.
Both the United Kingdom and Hong Kong provide the certainty of a Common Law legal juristriction with well developed business infrastructure for tech start-up companies and with low corporate taxes and start-up incentives availible for health tech pioneers.