Wrist Sensor

Acquisition Opportunity – Innovative FDA cleared, IP protected wrist wearable solution for continuous remote patient monitoring



Company Overview: A MedTech and digital health company that has pioneered the full-suite medical continuous care solution. The Company has developed an innovative AI-powered remote patient monitoring solution that includes three patented innovations: an FDA-cleared wrist-sensor multi-parameter medical monitor, a SaaS clinician’s portal, and AI-powered medical intelligence tools. The Company’s wrist-based sensor is FDA (class II) cleared and CE-certified and has been clinically validated through FDA clearance and numerous clinical applications. The Company is in early stages of commercialization and is rapidly developing an emerging technology opportunity for the right acquirer.
 
Technology Overview: AI-powered wrist-based continuous remote patient monitoring.
 
  • The technology consists of a wrist sensing monitor that continuously tracks multiple vital parameters, including – blood oxygen saturation (SpO2), temperature, pulse rate & heart rate variability, sleep patterns, motion/activity, respiratory rate, fall detection and blood pressure.
  • The cloud-based SaaS clinicians portal powered by AI predicts adverse events allowing clinicians to provide timely therapeutic intervention for high-risk patients.
  • The technology easily and securely integrates into 3rd party RPM processes
 
Traction:
 
  • Intellectual Property – 30 granted patents, Worldwide protection extending up to 2032 including China
  • Clinical – 2 pilot reports completed, Clinically validated in published journals, sleep, apnea publication in process
  • Regulatory – FDA Class II clearance, CE certificate, HIPAA/GDPR compliant
  • Sales – Revenue of $600K in 2020, 1000 devices and SaaS licenses sold, Customers include Fortune 500 companies
                                       
Proposal: The Company is seeking a Strategic Partner with a strong global channel that is interested in acquiring an innovative product line with pioneering technology in a rapidly growing market. Due to its technological advantages, a strategic partner will be able to immediately scale the business through rapid adoption while creating highly profitable growth.