G Medical Innovations announces receipt of patent from USPTO for vital signs sensors
13 Febbraio 2023 - 3:00PM
G Medical Innovations Holdings Ltd. (Nasdaq: GMVD) (the “Company”
or “G Medical Innovations”) today announced that the patent US
11,571,167 “Method and System For Vital Signs Monitoring With
Earpiece” has been issued as of February 7, 2023.
Two weeks ago, G Medical Innovations announced
it received a patent issue notification from the United States
Patent and Trademark Office (“USPTO”) in connection with this
patent, which joins the growing list of the Company’s patent
portfolio. The patent covers the vital signs monitoring system that
the Company is developing using multiple sensing mechanisms to be
used on different body locations. This vital sign monitoring system
will potentially provide physicians more versatility in patients’
monitoring and would simplify in and out-patients’ monitoring.
Together with the two patents received in
December 2022, G Medical Innovations continues to strengthen its
position in the market with its unique technologies and services.
The Company believes that obtaining these patents places the
Company at the forefront of the industry and provides the Company a
significant advantage over its competitors, specifically with
regards to accurate monitoring of patients. This will potentially
allow the Company to increase the market size for its products and
its monitoring services.
This new patent adds to the Company’s patent
portfolio, which now includes seven granted patents G Medical
Innovations has received for its product (five in the United States
and two in China).
The Company currently has four more patents which are pending
approval from the USPTO.
About G Medical Innovations Holdings Ltd.:
G Medical Innovations Holdings Ltd. is a
healthcare company engaged in the development of next generation
mHealth and telemedicine solutions and monitoring service
platforms. The Company’s solutions and services can empower
consumers, patients, and providers to better monitor, manage and
improve clinical and personal health outcomes, especially for those
who suffer from cardiovascular disease (or CVD), pulmonary disease,
and diabetes. The Company’s current product lines consist of its
Prizma medical device (or Prizma), a clinical-grade device that can
transform almost any smartphone into a medical monitoring device,
enabling both healthcare providers and individuals to monitor,
manage and share a wide range of vital signs and biometric
indicators; its Extended Holter and Monitoring Cardiac Telemetry
Patch services, utilizing a multi-channel patient-worn biosensors,
with algorithms for real time analysis and transmission that
captures electrocardiography (i.e. ECG) data continuously,
including QT Syndrome Prolongation Detection. In addition, the
Company is developing its Wireless Vital Signs Monitoring System
(or VSMS), which is expected to provide full, continuous, and
real-time monitoring of a wide range of vital signs and biometrics.
Its monitoring services include provision of Independent Diagnostic
Testing Facility (i.e., IDTF) monitoring services and private
monitoring services.
In the second half of 2022, the Company expanded
its business activities into a new business area, at-home
laboratory testing kits. In the third quarter of 2023, the Company
expects that users will be able to purchase a sample collection kit
at retail stores or online and collect their sample from the
comfort and privacy of their home and send it via mail to the
Company’s certified lab for analysis. The Company has developed 31
types of tests kits which can test a wide range health issued
related to hormones, sexual transferred disease, colon cancer,
nutrition, food sensitivities and allergies. In addition, the
Company’s pipeline includes development of additional kits for drug
detection, heavy metal and toxicology. Data received from both
vital signs and lab tests reflects the vision of the Company which
is to allow users to create their personal electronic medical
records and manage their health in one location which is available
for them anywhere and anytime without dependency on any medical
organization.
Visit https://gmedinnovations.com/.
Forward-Looking Statements:
This press release contains forward-looking
statements within the meaning of the “safe harbor” provisions of
the Private Securities Litigation Reform Act of 1995 and other
Federal securities laws. Words such as “expects,” “anticipates,”
“intends,” “plans,” “believes,” “seeks,” “estimates,” and similar
expressions or variations of such words are intended to identify
forward-looking statements. For example, G Medical Innovations is
using forward-looking statements when it discusses: the Company’s
expectation that such patent will provide the Company with a
significant advantage over its competitors; that its patent
portfolio will potentially allow the Company to increase the market
size for its products and monitoring services; the pending
additional patents with the USPTO; that in the third quarter of
2023, users of the Company’s at-home laboratory testing kits will
be able to purchase a sample collection kit at retail stores or
online and send it to the Company’s lab for analysis; and the
Company’s pipeline for development of additional kits for drug
detection, heavy metal and toxicology. Because such statements deal
with future events and are based on the Company’s current
expectations, they are subject to various risks and uncertainties,
and actual results, performance, or achievements of G Medical
Innovations could differ materially from those described in or
implied by the statements in this press release. The
forward-looking statements contained or implied in this press
release are subject to other risks and uncertainties. Except as
otherwise required by law, G Medical Innovations undertakes no
obligation to publicly release any revisions to these
forward-looking statements to reflect events or circumstances after
the date hereof or to reflect the occurrence of unanticipated
events. References and links to websites have been provided as a
convenience, and the information contained on such websites is not
incorporated by reference into this press release.
Investors Relations Contact:
G Medical innovations
service@gmedinnovations.com
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