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HeartBeam, Inc. - $BEAT STOCK NEWS

Welcome to our dedicated page for HeartBeam news (Ticker: $BEAT), a resource for investors and traders seeking the latest updates and insights on HeartBeam stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect HeartBeam's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of HeartBeam's position in the market.

Rhea-AI Summary

HeartBeam (NASDAQ: BEAT) announced new study data showing that its AI algorithm combined with vectorcardiography (VCG) outperformed expert cardiologists in detecting atrial flutter, a common arrhythmia. The study, presented at the Heart Rhythm Society annual meeting, involved 173 VCGs, single-lead ECGs, and 12-lead ECGs. Key findings revealed a 40% improvement in detection sensitivity compared to single-lead ECGs reviewed by cardiologists and a 6% improvement over 12-lead ECGs. HeartBeam's core technology captures heart signals in three projections, aiming for a more personalized cardiac care approach. Their AIMIGo™ device, for patient use, is under FDA review.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
22.22%
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Rhea-AI Summary

HeartBeam, Inc. (NASDAQ: BEAT) has won the 'Best New ECG Technology Solution' award in the 8th annual MedTech Breakthrough Awards for their HeartBeam AIMIGo™ device. The AIMIGo™ device is a credit card-sized tool that allows for remote evaluation of cardiac symptoms, capturing heart signals in three projections and synthesizing them into a 12-lead ECG. The device is currently under FDA review and aims to provide a personalized approach to cardiac care outside of medical facilities.

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Rhea-AI Sentiment
End-of-Day
2.04%
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Rhea-AI Summary

HeartBeam, Inc. (NASDAQ: BEAT) reported positive results for its AIMIGo™ 3D VECG system, showcasing progress in clinical and regulatory milestones. The company anticipates FDA clearance by Q2 2024 for the AIMIGo system and plans for a launch by 2024 end. The VALID-ECG pivotal study for the 12-Lead Synthesis Software submission is underway, aiming to demonstrate similarity with a standard 12-lead ECG. HeartBeam AI showed improved performance in detecting arrhythmias, supported by new patents and positive data presented at EHRA conference. Cash and cash equivalents stood at approximately $12.6 million as of March 31, 2024, enabling future clinical and regulatory milestones.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.49%
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Rhea-AI Summary
HeartBeam, Inc. (NASDAQ: BEAT) will host a conference call on May 9, 2024, to discuss its first-quarter results, regulatory updates, ongoing initiatives, and 2024 milestones. CEO Branislav Vajdic, President Robert Eno, and Consulting CFO Richard Brounstein will lead the call. Investors can access the webcast or call in using the provided details.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.1%
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conferences earnings
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Rhea-AI Summary
HeartBeam, Inc. (BEAT) presents groundbreaking data at EHRA conference showcasing the efficacy of HeartBeam AI in detecting atrial flutter. The study reveals a 28% improvement over single-lead ECGs, aligning with 12-lead ECG performance standards.
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-0.23%
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Rhea-AI Summary
HeartBeam, Inc. (NASDAQ: BEAT) reports financial and operational results for Q4 and full year 2023, highlighting progress in clinical and regulatory milestones for the AIMIGo™ 3D VECG system. The company anticipates FDA clearance for the AIMIGo system by Q2 2024 and aims to launch AIMIGo by the end of 2024. Recent patents on core VECG technology and AI program developments enhance the company's intellectual property and diagnostic capabilities. Financially, R&D and G&A expenses increased, resulting in a net loss for Q4 and full year 2023. Cash and cash equivalents stood at $16.2 million as of December 31, 2023, supporting upcoming milestones and extending cash runway into early 2025.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5%
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Rhea-AI Summary
HeartBeam, Inc. (NASDAQ: BEAT) has enrolled the first patients in the VALID-ECG pivotal study to evaluate the performance of their 12-lead ECG synthesis software for arrhythmia detection. The study aims to compare the synthesized ECG with a standard hospital-based ECG using quantitative and qualitative methodologies. AIMIGo, the technology behind the study, utilizes 3D VECG technology to capture signals in three projections and synthesize a 12-lead ECG. The study marks a significant advancement in cardiac monitoring technology.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.87%
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Rhea-AI Summary
HeartBeam, Inc. (NASDAQ: BEAT) secures two new patents for its core vectorelectrocardiography (VECG) technology, bringing the total to 14 US and 4 international patents. The innovative VECG technology collects 3D heart signals and converts them into a 12-lead ECG, enabling monitoring outside medical facilities with portable devices. CEO Branislav Vajdic emphasizes the strategic importance of protecting their product pipeline for revolutionizing cardiac care.
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Rhea-AI Sentiment
End-of-Day
26.54%
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Rhea-AI Summary
HeartBeam, Inc. (BEAT) will host a conference call on March 20, 2024, to discuss its Q4 and full-year 2023 results, along with regulatory updates and 2024 milestones. CEO Branislav Vajdic, President Robert Eno, and other key executives will lead the call. Investors can access the call and presentation via webcast or phone.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.36%
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conferences earnings
Rhea-AI Summary
HeartBeam, Inc. (NASDAQ: BEAT) appoints Mohammad Shokoohi-Yekta to lead program and industry pioneer Lance Myers as advisor. The company aims to transform cardiac care through personalized insights using AI and VECG technology.
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Rhea-AI Sentiment
End-of-Day
6.61%
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AI
HeartBeam, Inc.

Nasdaq:BEAT

BEAT Rankings

BEAT Stock Data

66.61M
19.29M
28.17%
8.8%
0.61%
Surgical and Medical Instrument Manufacturing
Manufacturing
Link
United States of America
SANTA CLARA

About BEAT

heartbeam developed a mhealth technology that is diagnostically equivalent to a cardiologist reading a patient’s 12 lead ecg and examining the patient. it comprises a credit card size, 12 lead equivalent, ecg device and a cloud-based diagnostic expert system. studies designed by harvard medical school faculty have shown heartbeam performance to be equal or better than world class cardiologists in diagnosing a heart attack. the technology features personalized diagnostic thresholds and novel heart attack ecg markers from which the application can also help cardiologists locate a heart attack on a 3d model of the heart. heartbeam's icardiologist application utilizes artificial intelligence / machine learning to drive continuous improvements of the system's ability to provide patient analysis and improve the solution's predictive properties.