BioSig Technologies Inc Stock Price, News & Analysis

BioSig Technologies, Inc. (NASDAQ: BSGM) reported significant growth in the adoption of its PURE EP™ System for arrhythmia care, surpassing its target with over 1,560 patient cases recorded as of October 21, 2021. This marks an increase from 1,000 cases in June 2021. The company anticipates completing between 1,700 and 1,800 procedures by year-end, boosted by declining COVID-19 hospitalization rates. Clinical research published in the Journal of Cardiovascular Electrophysiology indicated a 75% improvement in intracardiac signal quality, showcasing the technology's clinical value.

BioSig Technologies, Inc. (NASDAQ: BSGM) announced its signal processing technology will be featured during the 16th Annual International Symposium on Ventricular Arrhythmias on October 15-16, 2021. The company’s PURE EP™ System, designed to enhance ECG signal clarity, has been instrumental in over 1500 patient cases across 13 clinical sites. Preliminary clinical data reveal a 75% overall improvement in intra-cardiac signal quality. The event is co-hosted by the University of Pennsylvania and The Mount Sinai Hospital, targeting professionals involved in ventricular arrhythmia management.

BioSig Technologies, Inc. (NASDAQ: BSGM) announced significant findings from the PURE EP 2.0 study, validating their PURE EP™ System as superior in intracardiac signal quality compared to conventional methods. Conducted across three major U.S. hospitals, the study involved 51 cardiac ablation procedures and achieved a 93% consensus among blinded reviewers. Results indicated a 75% improvement in signal quality, and an 83% enhanced confidence in interpreting complex signals. With over 60 physicians engaged in 1400 cases, BioSig aims to leverage these results for growth in electrophysiology and bioelectronic medicine.

BioSig Technologies (NASDAQ: BSGM) has partnered with Plexus Corp. to enhance the manufacturing and professional services for its innovative PURE EP™ System. This partnership aims to accelerate the commercialization of BioSig’s advanced biomedical signal processing platform designed for arrhythmia care. Plexus, which serves the healthcare sector significantly, will assist in developing a new product pipeline for BioSig’s subsidiary, NeuroClear Technologies. The PURE EP™ is already FDA cleared and has shown promising results with over 1300 patient cases conducted.

BioSig Technologies has appointed James J. Barry, Ph.D. as an Independent Director. With over 30 years in the medical device sector, Dr. Barry brings valuable experience, having previously served as CEO at InspireMD and leading roles at Boston Scientific. His expertise is expected to enhance the strategic expansion of the PURE EP(tm) system, which aims to improve electrophysiology procedures. The system is already in use at over 12 clinical sites and has had over 1300 patient cases completed. The company is focused on launching this technology in key regions, including the Northeast and Texas.

BioSig Technologies expands its presence by installing the PURE EP(tm) System at St. Elizabeth’s Medical Center in Boston, aimed at enhancing physiologic pacing procedures. This system, which has been used by over 60 physicians in more than 1300 cases across 12 clinical sites, aims to improve cardiac signal fidelity and procedural outcomes. The company is targeting market expansion in the Northeast, Texas, and Florida, achieving its goal of 13 hospital partners. Atrial fibrillation, affecting millions, underscores the importance of advanced cardiac technologies.

BioSig Technologies (Nasdaq: BSGM) has been invited to participate in the Mark E. Josephson Twenty-Eighth Annual State-of-the-Art Arrhythmia Symposium, scheduled for September 11, 2021. This event honors Dr. Josephson, a renowned pioneer in cardiac electrophysiology. BioSig's flagship product, the PURE EP™ System, has achieved FDA 510(k) clearance and is designed to enhance electrophysiology procedures. With over 1,200 patient cases handled by more than 60 physicians, the PURE EP™ aims to improve diagnostic outcomes in patients suffering from cardiac arrhythmias.

BioSig Technologies announced its participation in the Kansas City Heart Rhythm Symposium on August 21-22, 2021, showcasing its PURE EP(tm) System. At the event, Dr. Amin Al-Ahmad will present findings from the PURE EP 2.0 trial to address challenges in electrophysiology labs. The PURE EP(tm) System has achieved FDA 510(k) clearance and has been utilized in over 1,260 patient cases across eleven clinical sites. The company aims to leverage its recent success to enhance procedural efficiency in heart rhythm management.

BioSig Technologies, Inc. (NASDAQ: BSGM) will host presentations at the Heart Rhythm 2021 convention, featuring its PURE EP(tm) System. The first presentation on July 28 will showcase the system's signal processing capabilities, with esteemed speakers from prominent institutions. The second presentation on July 29 will focus on clinical applications, led by leading doctors from Mayo Clinic and Texas Cardiac Arrhythmia Institute.

TCAI is the largest user, with over 330 cases. The conference runs from July 28-31, 2021, at the Boston Convention Center, and BioSig will exhibit at booth 849.