Vasomedical Announces Biox's MobiCare? Wireless Patient Monitors Receives Marketing Approval in China
13:05 17.03.14
PR Newswire
WESTBURY, N.Y., March 17, 2014
WESTBURY, N.Y., March 17, 2014 /PRNewswire/ -- Vasomedical, Inc. ("Vasomedical") (OTC BB: VASO), a diversified medical technology company specializing in the design, manufacture and sale of medical devices, including EECP® Therapy systems, the gold standard of ECP therapy, today announced that its wholly owned subsidiary Biox Instruments Co. Ltd., based in Wuxi, China, has received approval from the Chinese Food and Drug Administration (CFDA) to begin marketing its new MobiCare Wireless Patient Monitors in China.
MobiCare Wireless Patient Monitor is a vital signs monitoring system that acquires and displays multiple physiological signals, including electrocardiogram (ECG), blood pressure, respiration, peripheral capillary oxygen saturation (SpO2), body temperature, as well as provides real-time detection and alerts for certain abnormalities in these vital signs. Unlike traditional bedside patient monitoring systems, the MobiCare system transmits patient signals wirelessly to a touch-screen tablet receiver or a bedside monitor. The MobiCare system's wireless connectivity untethers patients from the bedside monitor allowing them movement within a certain range. The Biox MobiCare system will first be sold to hospitals in China as a new type of bedside patient monitor, in order to cultivate acceptance of the technology and set the stage for future introduction into the fast growing global home care market.
"Our MobiCare system is a breakthrough into the relatively mature but still growing market of vital sign monitoring devices. More importantly, with its current configuration and planned future derivatives, the MobiCare system provides a natural bridge to telemedicine and home care systems, putting us in a strong position in these healthcare markets of the future," commented Dr. Jun Ma, President and CEO of Vasomedical. "This innovative device is another example of making good on our promise to deliver advanced quality products at affordable prices so that patients all over the world may benefit as we continue to build shareholder value in our company."
The MobiCare prototypes were first exhibited in November 2013 at CMEF Autumn 2013 in Xiamen, China and at MEDICA 2013 in Dusseldorf, Germany, and then at Arab Health 2014 in Dubai, UAE in January 2014. Based on the positive feedback from attendees at these events, the Company is preparing applications for CE marking and US FDA clearance.
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