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HeartBeam Inc (BEAT) pioneers portable cardiac monitoring solutions through its credit card-sized ECG device and AI-driven diagnostic platform. This news hub provides investors and healthcare professionals with timely updates on the company’s advancements in remote cardiology technology.
Access authoritative reporting on regulatory milestones, clinical study results, and strategic partnerships shaping the future of telehealth diagnostics. Our curated collection includes earnings reports, product launch announcements, and peer-reviewed research validations, including studies conducted with Harvard Medical School faculty.
Key updates cover developments in Vector ECG technology, FDA clearance progress, and AI algorithm enhancements that improve cardiac event detection accuracy. Bookmark this page to stay informed about innovations bridging hospital-grade diagnostics with at-home healthcare solutions.
HeartBeam (NASDAQ: BEAT) has announced a strategic collaboration with AccurKardia to advance cardiac monitoring innovation. The partnership will integrate AccurKardia's FDA-cleared ECG analysis software, AccurECG™, into HeartBeam's devices.
HeartBeam's innovative technology features a credit card-sized, cable-free 3D ECG device that captures heart signals in 3 non-coplanar directions and converts them into a 12-lead ECG using a personalized transformation matrix. The company plans to begin commercialization after receiving FDA clearance for the 12-lead ECG synthesis software.
The collaboration aims to enhance cardiac monitoring accessibility by combining HeartBeam's device with AccurKardia's automated ECG interpretation platform, enabling faster diagnosis and improved access to clinical care. This partnership is expected to accelerate HeartBeam's product development while reducing costs and timelines.
HeartBeam (NASDAQ: BEAT) reported its Q4 and full year 2024 results, marking significant milestones in cardiac care technology. The company received FDA 510(k) clearance for its HeartBeam System for arrhythmia assessment and launched an Early Access Program. They also submitted a 510(k) application for their 12-lead ECG synthesis software.
Financial highlights include securing $11.5 million in gross proceeds from a public offering. Q4 2024 showed R&D expenses of $2.9M (vs $2.0M in Q4 2023) and G&A expenses of $2.1M. The company reported a net loss of $4.9M for Q4 2024 and $19.4M for the full year. Cash position stood at $2.4M as of December 31, 2024.
Clinical progress includes presenting positive results at the American Heart Association conference, demonstrating comparable performance between HeartBeam's synthesized 12-lead ECG and standard ECGs for arrhythmia detection.
HeartBeam (NASDAQ: BEAT), a cardiac care medical technology company, has announced its participation in two major conferences in Dana Point, California during March 2025. CEO Robert Eno and CFO Timothy Cruickshank will attend:
- The 37th Annual Roth Conference at The Laguna Cliffs Marriott Resort & Spa from March 16-18, 2025
- The LSI USA '25 Conference at the Waldorf Astoria, Monarch Beach from March 17-21, 2025
Investors interested in one-on-one meetings with HeartBeam management can arrange appointments through their conference representatives or by contacting BEAT@mzgroup.us.
HeartBeam (NASDAQ: BEAT), a medical technology company specializing in cardiac care through personalized insights, has scheduled its Q4 and Full Year 2024 earnings conference call for March 13, 2025, at 4:30 p.m. Eastern time.
The call will feature CEO Robert Eno and CFO Timothy Cruickshank, who will discuss financial results, provide updates on regulatory initiatives, commercial-readiness activities, and anticipated milestones. A detailed press release will be issued before the call, and a presentation will be available during the webcast and afterward through the company's investor relations website.
HeartBeam (NASDAQ: BEAT) has successfully completed the over-allotment option of its public offering, with the underwriter purchasing an additional 864,033 shares at $1.70 per share, generating approximately $1.5 million in additional gross proceeds. This follows the firm commitment underwritten offering of 5,882,353 shares that closed on February 14, 2025.
The total offering now comprises 6,746,386 shares with gross proceeds of approximately $11.5 million. MDB Capital acted as the underwriter, with Paulson Investment Company participating as a selected dealer. The over-allotment option closed on February 25, 2025.
The company plans to utilize the net proceeds for:
- Commercial-readiness activities
- Investments in R&D, clinical, and regulatory projects
- Working capital
- General corporate purposes
HeartBeam (NASDAQ: BEAT) has announced pricing for its underwritten public offering of 5,882,353 shares of common stock at $1.70 per share, expecting to raise $10.0 million in gross proceeds. The offering is anticipated to close around February 14, 2025.
The company has granted underwriters a 45-day option to purchase up to 882,353 additional shares to cover over-allotments. MDB Capital is serving as the underwriter, with Paulson Investment Company participating as a selected dealer.
The proceeds will support HeartBeam's strategic initiatives, including commercial-readiness activities, R&D investments, clinical and regulatory projects, working capital, and general corporate purposes. This funding follows the recent FDA clearance of HeartBeam's system for comprehensive arrhythmia assessment.
HeartBeam (NASDAQ: BEAT) has submitted a 510(k) application to the FDA for its 12-lead ECG synthesis software, designed for assessing various cardiac rhythms and arrhythmias. The submission is supported by the VALID-ECG pivotal study, which enrolled 198 patients across five clinical sites.
The software builds on HeartBeam's recently FDA-cleared technology that captures heart electrical signals from three directions and synthesizes them into a 12-lead ECG using a personalized transformation matrix. The company plans to launch commercially upon FDA clearance, with hundreds of physicians and patients already on the waitlist.
Data from an 80-person pilot study presented at the AHA Scientific Sessions showed excellent agreement between HeartBeam's synthesized ECGs and standard 12-lead ECGs for arrhythmia detection, with 94% sensitivity and 100% specificity. The company plans to present VALID-ECG results at a scientific conference in 2025.
HeartBeam (NASDAQ: BEAT) announced its participation in the JP Morgan 2025 Annual Healthcare Conference, scheduled for January 13-16, 2025, in San Francisco. The company's leadership will be available for meetings to discuss their recently FDA-cleared HeartBeam system for comprehensive arrhythmia assessment.
The breakthrough device, the first of its kind to receive FDA clearance, features a credit card-sized form factor and cable-free design. It uniquely captures ECG signals from three distinct directions, providing actionable heart health information. The company plans to implement an Early Access Program and aims to leverage AI technology to analyze longitudinal ECG data, potentially predicting cardiac conditions before symptom onset.
HeartBeam (NASDAQ: BEAT) has received FDA 510(k) clearance for its innovative cardiac monitoring system. The device is the first cable-free, credit card-sized ECG that captures heart signals from three distinct directions, enabling high-fidelity data collection. When patients experience symptoms, they can use the HeartBeam app to record a 30-second ECG, which is then cloud-processed and sent to physicians for review.
The company plans to launch an Early Access Program and is developing future advances including: synthesized 12-lead ECG capabilities, AI-based classification algorithms for improved arrhythmia detection, and heart attack detection features. A study in JACC: Advances demonstrated the technology's high accuracy (95% AUC) in identifying coronary occlusions, comparable to standard 12-lead ECGs.
HeartBeam (NASDAQ: BEAT) presented positive results from two studies at the American Heart Association's Scientific Sessions, validating its vector-based cardiac monitoring technology. The first study, an 80-patient pilot, demonstrated excellent agreement between HeartBeam's synthesized 12-lead ECG and standard ECGs for arrhythmia detection, showing 94% sensitivity and 100% specificity. The second study validated a novel algorithm for acute coronary syndrome risk assessment, matching expert physician evaluations. The company's technology utilizes a portable, credit card-sized device capable of synthesizing 12-lead ECGs, currently under FDA review.