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HeartSciences Receives Two New Patent Allowances, Expanding its International Patent Portfolio
Patents Cover MyoVista® Wavelet Technology Utilizing AI for Early Detection of Heart Disease Southlake, Texas, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Heart Test
About this update from Heartsciences Inc.
[{"type":"text","content":"Patents Cover MyoVista® Wavelet Technology Utilizing AI for Early Detection of Heart Disease\nSouthlake, Texas, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Heart Test Laboratories, Inc. d/b/a HeartSciences (Nasdaq: HSCS; HSCSW) (“HeartSciences” or the “Company”), an AI-powered medical technology company focused on transforming ECGs/EKGs to save lives through earlier detection of heart disease, today announced that it has been issued a notice of patent allowance from the Brazilian Patent and Trademark Office (Number BRI 12018005982-0) and the United Arab Emirates (UAE) Ministry of Economy, Intellectual Property Protection Department (Number P6000433/18). These new patent awards increase HeartSciences’ patent portfolio to now include 33 international granted or allowed patents and 9 US granted patents covering well over 100 claims. Andrew Simpson, Chief Executive Officer of HeartSciences, commented, “AI is now in daily use in healthcare and is expected to reinvent the ability of an ECG to screen for heart disease. We are pleased to further strengthen our extensive intellectual property portfolio as AI is expected to drive significant growth in the ECG market to $25 billion per year by 20321. HeartSciences is a leader in AI-based ECG technology being used in everyday clinical practice, and with the recent signing of agreements with Mount Sinai, a top-ranked hospital in cardiology, we expect to significantly expand our ECG cardiovascular disease screening capabilities.” - Precedence Research About HeartSciencesHeart Test Laboratories, Inc. d/b/a HeartSciences is a medical technology company focused on applying innovative AI-based technology to an ECG (also known as an EKG) to expand and improve an ECG’s clinical usefulness. Millions of ECGs are performed every week and the Company’s objective is to improve healthcare by making an ECG a far more valuable cardiac screening tool, particularly in frontline or point-of-care clinical settings. HeartSciences’ first product candidate for FDA clearance, the MyoVista® wavECGTM, or the MyoVista®, is a resting 12-lead ECG that is also designed to provide diagnostic information related to cardiac dysfunction which has traditionally only been available through the use of cardiac imaging. The MyoVista® also provides conventional ECG information in the same test. The business model, which involves the use o...