- Announcement follows FDA clearance
- Pre-Orders begin on February 23, 2022 with units shipping April 1, 2022
REDWOOD CITY, CA / ACCESSWIRE / February 23, 2022 / Biotricity, Inc. (NASDAQ:BTCY) ("Biotricity" or the "Company"), a medical diagnostic and consumer healthcare technology company, today announced that it is now taking pre-orders for Biotres, the Company's three-lead device designed to continuously record electro-cardiogram (ECG) data for early detection of cardiac arrhythmias.
The Company believes that its wireless, wearable Biotres device offers a secondary product for doctors and hospitals to meet their patients' cardiac monitoring needs and addresses the $5.7 billion cardiac arrhythmia monitoring devices market.
The conventional one-lead patch Holter monitor has been the standard of care for cardiac monitoring, typically worn from 24 hours up to a couple weeks and requires patients to send back the device for data uploading, after which a formal analysis can be performed. This can take up to 2 weeks after the study has ended. Biotres has the ability to disrupt the market with its three-lead patch device for continuous recording of ECG heart data and remote data uploading, providing for a faster diagnosis.
"Since announcing our recent FDA clearance last month for our Biotres product, we have received substantial interest in pre-orders," said Dr. Waqaas Al-Siddiq, Biotricity Founder and CEO. "We believe that our Biotres entirely changes the Holter market. Currently, all patch players are outsourced services with one-channel devices that often require manual data download and aren't rechargeable vs. our insourced solution that enables providers to bill with a more sophisticated rechargeable three-channel device with automated data uploading.
"We are quickly becoming a leader for providing cost-effective early detection solutions -- with seamless integration into our Biosphere ecosystem -- for remote monitoring with our growing suite of products," he added. "As we are encouraged by the early demand that we are receiving, we look forward to reporting on our commercialization strategy and sales momentum in the coming months."
Customers/providers can pre-order by clicking here.
About Biotricity Inc.
Biotricity is reforming the healthcare market by bridging the gap in remote monitoring and chronic care management. Doctors and patients trust Biotricity's unparalleled standard for preventive & personal care, including diagnostic and post-diagnostic products for chronic conditions. The Company develops comprehensive remote health monitoring solutions for the medical and consumer markets. To learn more, visit www.biotricity.com.
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SOURCE: Biotricity, Inc.
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