Heartbeam Inc Stock Price, News & Analysis

HeartBeam, Inc. (NASDAQ: BEAT) has received an allowed patent for a 12-lead ECG smartwatch designed to detect heart attacks and complex cardiac arrhythmias, according to a recent announcement. This innovative technology aims to disrupt the multi-billion dollar wearable device market, which is projected to reach $196B by 2030. HeartBeam's platform enables diagnostic capabilities outside traditional medical settings, positioning the company favorably in a rapidly expanding market.

HeartBeam, Inc. (NASDAQ: BEAT) announced the submission of its HeartBeam AIMI™ platform for FDA clearance, enhancing its heart attack detection technology. The company also plans to submit the AIMIGo telehealth solution by Q4 2022. With two new patents granted, HeartBeam aims to expand its product pipeline to include smartwatch connectivity. Financially, the company reported a net loss of $3.6 million for Q3 2022, up from $1.2 million the previous year, with research and development expenses reaching $1.6 million. Cash reserves stood at $6.5 million as of September 30, 2022.

HeartBeam, Inc. (NASDAQ: BEAT), a leader in cardiac technology, will hold a conference call on November 10, 2022, at 4:30 p.m. Eastern time to discuss its Q3 results for the period ending September 30, 2022. CEO Branislav Vajdic, PhD, CFO Richard Brounstein, and CBO Jon Hunt, PhD, will lead the call, reviewing recent announcements and future milestones. A press release detailing results will precede the call. Investors can access the call via dial-in or webcast, and a replay will be available until February 10, 2023.

HeartBeam, Inc. (NASDAQ: BEAT), a cardiac technology firm, will present at the LD Micro Main Event XV Conference in Los Angeles from October 25-27, 2022. CEO Branislav Vajdic, PhD, will lead in-person meetings and a presentation on October 25 at 4:30 pm PT in TRACK 3. The conference highlights HeartBeam's unique 3D-vector ECG technology for heart attack detection. The presentation can be streamed live or viewed later on their investor relations site. More details on registration and the conference can be found online.

HeartBeam, Inc. (NASDAQ: BEAT) announced the appointment of Dr. Peter J. Fitzgerald as Chief Medical Officer. Dr. Fitzgerald, a leader in interventional cardiology, brings extensive clinical experience and expertise in developing industry collaborations. He aims to enhance clinical strategies and partnerships for advancing HeartBeam's novel diagnostic tools, including the 3D-vector ECG platform designed for heart attack detection. HeartBeam's innovative products, AIMI™ and AIMIGo™, are currently pending FDA clearance, with potential to significantly improve patient outcomes.

HeartBeam, Inc. (NASDAQ: BEAT) has announced the expansion of its product portfolio to address the multibillion-dollar atrial arrhythmia detection market. New developments include the HeartBeam AIMIGo™ 3L device, designed to record 3D cardiac activity and facilitate clinician reviews with a planned FDA submission in Q4 2022. Future versions will add smartwatch connectivity and enhanced atrial fibrillation detection. The company is also ensuring component procurement for device production to mitigate supply chain issues, pushing towards comprehensive cardiac care anytime, anywhere.

HeartBeam, Inc. (NASDAQ: BEAT) will present at the Dawson James Small Cap Growth Conference on October 12, 2022 in Jupiter, FL, and at The ThinkEquity Conference on October 26, 2022 in New York City. The company's leadership team, including CEO Branislav Vajdic, will conduct presentations and one-on-one meetings. HeartBeam has developed a unique 3D-vector ECG platform for heart attack detection, enhancing patient care through rapid assessment of heart symptoms.

HeartBeam, Inc. (NASDAQ: BEAT) announced the issuance of a patent for its AIMIGo™ device, enabling a synthesized 12-lead ECG outside medical settings. This innovation allows patients to send heart signal data directly to physicians, enhancing heart attack detection. With around 18 million individuals in the US at risk for heart attacks, the technology addresses a significant healthcare need. HeartBeam's AIMIGo is the only wallet-sized 12-lead ECG solution, aiming to reduce emergency visits and expedite care while improving patient quality of life.

HeartBeam, Inc. (NASDAQ: BEAT) announced a virtual roadshow webinar set for September 20, 2022, at 4:30 p.m. ET. The company released a video showcasing its AIMIGo technology, a credit card-sized ECG device for remote heart attack detection, which is expected to receive FDA clearance by year-end. This technology aims to enhance heart attack detection capabilities outside medical settings, expediting treatment and reducing healthcare costs. Key executives will discuss recent announcements and milestones during the webinar.