QUALCOMM, Inc. (NASDAQ:QCOM) joins hands with Rady Children’s Hospital


Dallas, Texas 08/19/2013 (Financialstrend) – As per a declaration, QUALCOMM, Inc. (NASDAQ:QCOM) has joined hands with Rady Children’s Hospital for rolling out a kit which is 3G-enabled. This 3G-enabled kit would be used to examine the actions of children with asthma. This proposal is intending to cut down the expenses not only from visits to the emergency rooms as well as due to the hospitalizations. At the same time, this would be generating better results in the treatment. This kit could also be used to determine whether the connected therapy for the asthma could be customized depending upon the physiology of the asthma patients. This trial would enroll nearly 50 asthma patients with the ages ranging from 7 years to 17 years from the asthma and or allergy clinics at Rady Children’s Hospital. Each of the enrollee and their families would receive the remote monitoring kit. They would also receive the necessary training on how to use this kit.

In addition to the efforts put in for the development of customized treatments for the asthma patients, QUALCOMM, Inc. (NASDAQ:QCOM) also works on another technology in a completely different stream for the benefit of the motorists. The company is attempting to devise one such system that would assist the motorists and would be successful in keeping them away from the pedestrians or cyclists. Per the statement from Mr. Chris Borroni-Bird, the Vice President of strategic growth for Qualcomm Inc, the company is under the process of formulating one such portable device for showing the locations of the pedestrians and the cyclists. The vehicles that are more appropriately outfitted with this portable device would get the indication if the pedestrian or cyclist was in the lane of the vehicle and would notify the driver about the same.

In addition to these advancements, the company also experiences good ratings during the recent times depending upon the market capitalization. The worth of QUALCOMM, Inc. (NASDAQ:QCOM) is well above the Intel as per the latest ratings.