Zynex Receives FDA Clearance of CM-1600 Monitor for Improved Blood and Fluid Management
"I am pleased to announce FDA clearance for our second-generation blood and fluid volume monitor," said Thomas Sandgaard, Founder and CEO of Zynex. "Our non-invasive and wireless technology is targeted to improve patient outcomes with better fluid management in hospital settings. The device is based on tracking multiple physiological changes relative to blood and fluid changes in the patient. We will continue to collect additional data in clinical trials going forward and I am eager for the monitoring division to eventually add meaningful revenue to Zynex's already profitable pain management division."
Zynex's division for hospital monitoring products has three additional products in the pipeline: a laser-based pulse oximeter, NiCO™; a monitor for early detection of sepsis; and a non-invasive, laser-based monitor of total hemoglobin levels, HemeOx™. The monitoring division is pre-revenue and expects to submit an application to the FDA for its laser-based pulse oximeter in the fourth quarter of this year.
About Zynex, Inc.
Zynex, founded in 1996, develops, manufactures, markets, and sells medical devices used for pain management and rehabilitation as well as non-invasive fluid, sepsis, and laser-based pulse oximetry monitoring systems for use in hospitals. For additional information, please visit: www.zynex.com.
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Contact: Zynex, Inc. (800) 495-6670
Investor Relations Contact:
Gilmartin Group
650 Fifth Ave., Suite 2720
ir@zynex.com
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SOURCE Zynex
