Welcome to our dedicated page for Biotricity news (Ticker: BTCY), a resource for investors and traders seeking the latest updates and insights on Biotricity stock.
Biotricity, Inc. (BTCY) is a medical technology company at the forefront of healthcare innovation. Specializing in biometric data monitoring solutions, Biotricity aims to improve healthcare by developing remote monitoring solutions for chronic disease prevention and management. Its premier product, Bioflux, is an ECG monitoring system used by physicians to diagnose and monitor cardiac patients remotely. Biotricity's Biolife solution extends medical-grade monitoring to the consumer market, empowering users to self-manage chronic conditions through lifestyle changes. With a focus on preventive healthcare, Biotricity's R&D efforts aim to put health management directly into the hands of individuals, easing the burden on the healthcare system.
Biotricity, Inc. (NASDAQ:BTCY) will present at the Virtual LD Micro Main Event XIV on October 13, 2021, at 5:00 PM PT. CEO Waqaas Al Siddiq will discuss recent milestones, including the development of Biokit, a home-use health monitoring solution, and the Biocare Cardiac app for cardiovascular health. The event, a key convention for small-cap companies, aims to connect industry leaders with analysts and investors. Biotricity focuses on innovative remote health monitoring solutions, aiming to improve chronic care management.
Biotricity Inc. (NASDAQ:BTCY) announced the launch of Biocare Cardiac, a cardiac health app designed for individuals with cardiovascular disease, compatible with Samsung's Galaxy Watch4. This app enables continuous monitoring of heart health, collecting data on ECG, heart rate, and more, facilitating better patient-doctor interactions. Biotricity aims to empower cardiac patients by providing tools for daily health management, addressing a significant gap in cardiac care. The app complements Biotricity's existing healthcare solutions, reinforcing its position in remote monitoring.
Biotricity Inc. (NASDAQ:BTCY) will ring the Nasdaq Opening Bell on October 7, 2021, at 9:30 AM ET. The ceremony will be attended by Founder and CEO Waqaas Al Siddiq and the management team. Recent developments include a financing initiative to support sales expansion while minimizing dilution and maximizing shareholder value. Additionally, Biotricity has expanded its telehealth product portfolio, enhancing its market potential. The event can be viewed on the Nasdaq live stream, with a replay available on the company's investor relations website.
Biotricity Inc. (NASDAQ:BTCY) announced its CEO, Waqaas Al Siddiq, will present at the Benzinga Healthcare Small Cap Conference on September 30, 2021, at 12:15 p.m. ET. The presentation will cover the company's strategic outlook for 2022, recent developments, and new products, including the Biokit bundle of wireless cardiac data devices. Biotricity aims to expand its market share and enhance shareholder value through its technology leadership and product pipeline. A replay of the presentation will be accessible on the corporate website for 30 days.
Biotricity Inc. (NASDAQ:BTCY) announces the upcoming launch of its Biokit, a connected personal medical device kit designed to enhance home-based health monitoring. The device aims to tackle challenges faced with existing products, aligning with the $18.4 billion North American portable medical device market. CEO Dr. Waqaas Al-Siddiq will present the company's long-term strategy at the Oppenheimer Fall Healthcare Life Sciences & MedTech Summit on September 22, 2021. This initiative positions Biotricity as a key player in remote monitoring and chronic care management.
Biotricity Inc. (NASDAQ:BTCY) announces the launch of its new Biokit, a personal medical device kit comprising an FDA-cleared digital thermometer, pulse oximeter, and blood pressure cuff. The kit aims to enhance remote cardiac monitoring and will be available in Q1 2022. These devices integrate with Biotricity's ecosystem, allowing real-time data sharing between patients and physicians. This launch is expected to expand the company's addressable market in the $18.4 billion North American portable medical device sector, aligning with Biotricity's goal to support cardiac patients effectively.
Biotricity, Inc. (NASDAQ:BTCY) announced a successful underwritten public offering, resulting in total gross proceeds of approximately $16 million. The offering, which closed on August 30, 2021, saw the underwriter partially exercise its option to purchase 382,331 additional shares, increasing the total shares sold to 5,382,331. This offering aligns with an effective shelf registration statement. H.C. Wainwright & Co. managed the offering, and it is aimed at advancing Biotricity's healthcare technology solutions.
Biotricity, Inc. (NASDAQ:BTCY) announced continued sales growth driven by the FDA-approved Bioflux mobile cardiac telemetry device, achieving a 290% year-over-year revenue increase in FY22-1Q and approximately 49% sequential growth. The company recently completed a $15 million equity raise and listed on the Nasdaq. CEO Waqaas Al-Siddiq will present at the H.C. Wainwright 23rd Annual Global Investment Conference, available on-demand from September 13-15, 2021. The focus will be on sales expansion and product portfolio growth to enhance the total addressable market.
Biotricity, Inc. (NASDAQ:BTCY) has successfully closed an underwritten public offering, raising approximately $15 million by selling 5 million shares at $3.00 each. The underwriter has a 30-day option to buy an additional 750,000 shares. Proceeds from the offering will be allocated for general corporate purposes, including working capital and potential acquisitions. This offering was conducted under an effective registration statement declared by the SEC. Biotricity focuses on remote health monitoring solutions for chronic care management.
Biotricity Inc. (BTCY) announced a public offering of 5,000,000 shares of common stock, priced at $3.00 per share, totaling approximately $15 million in gross proceeds. The offering includes a 30-day option for the underwriter to purchase an additional 750,000 shares. The closing is expected on August 30, 2021, with shares listed on the Nasdaq Capital Market as of August 26, 2021. H.C. Wainwright & Co. is the sole book-running manager. The shares are offered through a prospectus filed with the SEC.