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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.

HeartBeam, Inc. (Symbol: BEAT) is a cutting-edge medical technology company that focuses on developing and commercializing high-resolution ambulatory Electrocardiogram (ECG) solutions. These solutions are designed to detect and monitor cardiac diseases outside traditional healthcare settings, providing critical diagnostic capabilities in a more accessible manner.

HeartBeam's flagship product is an innovative, credit card-sized ECG device that is diagnostically equivalent to a cardiologist reading a patient's 12-lead ECG and examining the patient. This compact device integrates seamlessly with a cloud-based diagnostic expert system, offering a comprehensive and user-friendly solution for cardiac monitoring.

Notably, studies designed by Harvard Medical School faculty have demonstrated that HeartBeam's technology performs on par with, or better than, world-class cardiologists in diagnosing heart attacks. The system features personalized diagnostic thresholds and unique ECG markers that help pinpoint the location of a heart attack on a 3D heart model, enhancing the accuracy and depth of diagnostic information provided to healthcare professionals.

One of the key components of HeartBeam's technology is the iCardiologist application, which uses artificial intelligence and machine learning to continually improve its diagnostic accuracy and predictive capabilities. This application aids cardiologists by providing detailed patient analysis, thereby supporting more informed and timely medical decisions.

HeartBeam has developed a proprietary and patented Vector Electrocardiography (VECG) technology platform, which is the cornerstone of its high-resolution ECG solutions. The company has validated this platform and is in the process of seeking U.S. Food and Drug Administration (FDA) clearance for its initial telehealth products.

With its innovative approach and proven technology, HeartBeam is poised to make significant strides in the field of cardiac care, offering practical solutions that can be utilized outside traditional healthcare environments, thereby broadening access to critical diagnostic tools and improving patient outcomes.

Latest News: Source: HeartBeam, Inc.

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News

HeartBeam Receives Two New US Patents for its Core Cardiac Monitoring Technology

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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HeartBeam to Host Fourth Quarter and Full Year 2023 Results Conference Call on Wednesday March 20, 2024 at 4:30 p.m. Eastern Time

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.
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HeartBeam Unveils AI Program Designed to Deliver Unprecedented Personalized Cardiac Insights

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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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HeartBeam Reports Third Quarter 2023 Financial Results

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HeartBeam, Inc. (NASDAQ: BEAT) strengthens leadership with key appointments and publishes a landmark peer-reviewed article validating its technology. The company reported financial and operational results for Q3 2023, highlighting key achievements and ongoing clinical and regulatory progress for the HeartBeam AIMIGo™ VECG Device. The company also announced the appointment of new executives and board members, as well as significant progress towards key clinical and regulatory milestones. Financially, the company reported a total of approximately $19.2 million in cash and cash equivalents as of September 30, 2023, with a projected cash runway into 2025.
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HeartBeam Announces Expansion of Its Scientific Advisory Board

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HeartBeam, Inc. (NASDAQ: BEAT) announced the addition of leading cardiologists to its Scientific Advisory Board. The SAB will now include experts such as Dr. Peter J. Fitzgerald and Dr. C. Michael Gibson, among others. This move is expected to provide strategic insights for the company's credit card-size 3D-vector electrocardiogram (VECG) platform for patient use at home, and to enhance its clinical and commercial efforts.
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HeartBeam Granted Third US Patent for 12-Lead Extended Wear Patch for Detecting Heart Attacks and Complex Cardiac Arrythmias

Rhea-AI Summary
HeartBeam, Inc. (NASDAQ: BEAT) has been granted a new patent for its novel 3D-vector electrocardiogram (VECG) platform, solidifying its position in the large global electrocardiogram patch market. This patent strengthens the company's intellectual property footprint and represents a significant step towards bringing its 12-lead extended wear patch to market.
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HeartBeam to Host Third Quarter 2023 Results Conference Call on Tuesday November 14, 2023 at 4:30 p.m. Eastern Time

Rhea-AI Summary
HeartBeam, Inc. (NASDAQ: BEAT) will hold a conference call on November 14, 2023, to discuss its Q3 2023 results and review recent announcements, ongoing initiatives, and anticipated 2024 milestones. The call will be hosted by CEO Branislav Vajdic, President Robert Eno, and CFO Richard Brounstein. A press release detailing the results will be issued prior to the call.
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Implicity Expands Senior Leadership Team with New U.S. Chief Commercial Officer

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Jon Hunt, a veteran in the medical device industry, has joined Implicity as its new Chief Commercial Officer (CCO), North America, to focus on business and sales strategies for the U.S. market. Implicity recently submitted for U.S. FDA clearance for a machine learning algorithm that can predict acute heart failure. The U.S. market for remote patient monitoring is expected to reach a value of more than $25 billion by 2028.
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HeartBeam Appoints Richa Gujarati and Pooja Chatterjee to Senior Management Team

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HeartBeam, Inc. appoints Richa Gujarati as Senior VP, Product, and Pooja Chatterjee as VP, Clinical. Gujarati will handle product roadmap and go-to-market strategy, while Chatterjee will lead the clinical pipeline for FDA clearances. Their expertise will support the commercialization of HeartBeam's ambulatory VECG products.
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HeartBeam Reports Second Quarter 2023 Financial Results

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HeartBeam, Inc. (NASDAQ: BEAT) strengthens its Board of Directors and IP position, publishes a peer-reviewed article, and reports Q2 2023 operational and financial results. The company closed $26.5 million in financings, announced key additions to the board, and appointed a new Vice President of Regulatory Affairs. They also submitted a 510(k) application to the FDA for their HeartBeam AIMIGo™ System. Q2 2023 financial results show a net loss of $3.2 million and cash, cash equivalents, and short-term investments totaling approximately $21.3 million as of June 30, 2023.
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FAQ

What is the current stock price of Heartbeam (BEAT)?

The current stock price of Heartbeam (BEAT) is $2.39 as of December 24, 2024.

What is the market cap of Heartbeam (BEAT)?

The market cap of Heartbeam (BEAT) is approximately 63.7M.

What does HeartBeam, Inc. do?

HeartBeam, Inc. develops high-resolution ambulatory ECG solutions for detecting and monitoring cardiac disease outside traditional healthcare settings.

What is unique about HeartBeam's technology?

HeartBeam's technology includes a credit card-sized ECG device and a cloud-based diagnostic system that performs as well as top cardiologists in diagnosing heart attacks.

How does HeartBeam's iCardiologist application work?

The iCardiologist application uses AI and machine learning to continuously improve its diagnostic accuracy and predictive capabilities, assisting cardiologists in patient analysis.

What is VECG technology?

VECG stands for Vector Electrocardiography, a proprietary and patented platform developed by HeartBeam to provide higher-resolution ECG solutions.

Has HeartBeam's technology been validated?

Yes, studies by Harvard Medical School faculty have shown that HeartBeam's performance is equal to or better than world-class cardiologists in diagnosing heart attacks.

Is HeartBeam seeking FDA clearance?

Yes, HeartBeam is currently seeking U.S. Food and Drug Administration (FDA) clearance for its initial telehealth products.

What are the benefits of HeartBeam's ECG solutions?

HeartBeam's solutions offer accessible, high-resolution cardiac monitoring useful outside of traditional healthcare settings, providing early detection and monitoring of cardiac conditions.

Can HeartBeam's technology locate a heart attack?

Yes, the technology can help cardiologists locate a heart attack on a 3D model of the heart using personalized diagnostic thresholds and novel ECG markers.

How is HeartBeam improving cardiac care?

HeartBeam is improving cardiac care by developing practical, high-resolution ECG solutions that provide critical diagnostic tools accessible outside traditional healthcare environments.

Where can I find the latest news on HeartBeam, Inc.?

The latest news and updates on HeartBeam, Inc. can be found on StockTitan and other financial news platforms.

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Heartbeam, Inc.

Nasdaq:BEAT

BEAT Rankings

#4733 Ranked by Market Cap
N/A Ranked by Dividends

BEAT Stock Data

63.73M
18.98M
29.25%
8.73%
0.47%
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