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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) has made significant strides in combating cardiovascular diseases (CVDs), which cause approximately 17.9 million deaths annually. The company aims to enhance chronic disease management through innovative digital health solutions. In 2022, Biotricity's revenue grew each quarter, buoyed by the success of its Bioheart device, which won TIME Magazine's "200 Best Inventions of 2022" award. Their devices, including Bioflux and Biotres, have facilitated early interventions, leading to substantial cost savings in healthcare. A recent Corporate Impact Report revealed that Bioflux identified cardiac events for nearly 5,000 patients, saving over $85 million in hospital costs. Overall, Biotricity has played a crucial role in improving patient outcomes and reducing healthcare expenses associated with CVD.
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