Biotricity, Healthcare

Biotricity announces a strategic partnership for cardiac screenings in patients with co-morbidities

Biotricity Inc. (Biotricity) continues its strategic expansion with the announcement of its latest partnership in neurology to conduct cardiac screenings in patients suffering from neurological issues.  There are over 1,000 neurological disorders and over 100 million Americans suffering from at least 1 neurological issue. Alzheimer’s, Parkinsons, and other dementias are just a few such conditions that lead to increased cardiovascular risk. Many of these patients are screened late, leading to an increase in costs and higher patient risk. Biotricity is focused on providing earlier screenings to patients with co-morbidities, reducing costs while improving the quality of care.


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Biotricity, Healthcare

Biotricity accelerates market access by partnering with third major group purchasing organization, expanding market reach to 90% of U.S. hospitals

Biotricity Inc. (Biotricity) continues its strategic expansion with the announcement of its latest partnership with yet another leading Group Purchasing Organization (GPO). GPOs streamline purchasing processes for medical providers and systems. With this latest partnership, Biotricity’s GPO partners collectively manage the buying needs of 9 out of every 10 hospitals in the U.S. Moreover, they wield immense purchasing power, totaling $264 billion.


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Biotricity, Healthcare

Biotricity unveils that improved margins resulted from latest advancements to its proprietary cardiac AI cloud platform and announces plans for continued expansion of its cardiac AI cloud

Biotricity Inc. (Biotricity) announces the expansion of its Cardiac AI Cloud platform: the company is building a cardiac AI clinical model which distills important information to support clinician in cases that require clinical intervention or review. The company expects to file an FDA clearance for its clinical model by the end of the year.


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Biotricity, Healthcare

Biotricity partners with a second top group purchasing organization – positions company for expanded market access to 1 out of every 2 hospitals in America

Biotricity Inc. (“Biotricity”) today announced its partnership with another of the nation’s top Group Purchasing Organizations (GPOs). This strategic move solidifies Biotricity’s presence in the healthcare landscape and broadly expands market access for the Company in 2024. Biotricity now has access to over half the hospitals in the US, with a network of over 3,000 hospitals, through these two major GPOs which are responsible for over US $160 billion in purchasing power.


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Biotricity, Healthcare

Biotricity receives Health Canada clearance for Biotres

Biotricity Inc. (“Biotricityy”) announced its Health Canada approval for expansion into the US$1.56 billion Canadian Cardiology Devices market. Cardiovascular disease imposes a staggering US$21.2 billion annual cost in Canada alone, accounting for 11.6% of the entire Canadian health care cost.  Health Canada’s approval of Biotres, Biotricity’s flagship product, is a critical step in the Company’s quest to address the needs of more than 2.4 million Canadians living with heart disease and related conditions. This milestone achievement underscores Biotricity’s dedication to reshaping healthcare through innovation.


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Biotricity, Financial Results

Biotricity strengthens its foundation for growth, achieves lower cost of sales, expanding margins of 73% and increased device sales, for third quarter of Fiscal Year 2024

Biotricity Inc. (“Biotricity) today announced its financial results for the third quarter of fiscal 2024 year and (unaudited) ended December 31, 2023.  Dr. Waqaas Al-Siddiq, Biotricity Founder & CEO, said, “This quarter was marked by record margins, lowered costs and increasing revenues, supporting our path towards positive cashflow. The major theme for us was on long-term building- which meant reshaping our sales force to focus on efficiencies, longer sales cycles, larger accounts and independent hospitals and Group Purchasing Organizations- the necessary steps towards establishing recurring technology subscriptions and long-term growth.


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Biotricity, News

Biotricity expands development of its Cardiac AI Cloud Platform with Data Ecosystem of over 360 billion Heartbeats

Biotricity Inc. (Biotricity) today announced the expanding development of its future Cardiac AI Cloud platform. The new platform is focused on predictive monitoring to help assist physicians and users to identify issues before they occur, supporting earlier interventions, reducing readmissions, and lowering healthcare costs. Biotricity’s product portfolio is already one of the most comprehensive remote cardiac monitoring portfolios globally. This expansion will further enhance its existing products while providing additional advantages.


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Biotricity, Financial Results

Biotricity delivers record margins and double digit year-over-year sales growth for second quarter of fiscal year 2024

Biotricity Inc. (Biotricity) today announced its financial results for the second quarter of fiscal 2024 year and (unaudited) ended September 30, 2023.  Dr. Waqaas Al-Siddiq, Biotricity Founder & CEO, said, “In the second quarter of fiscal 2024, we continued our mission to innovate and create transformative healthcare products, all while maintaining a strong commitment to financial discipline. Our primary focus remains on driving revenue and margins and as such, we are pleased to see continued progress in achieving improvement in these metrics”.


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Biotricity, Healthcare

Biotricity releases another groundbreaking product: Biotres Pro

Biotricity Inc. (Biotricity) today announced their expansion of the current Biotres product platform. The new product, known as Biotres Pro, adds cellular backup for offline connectivity in addition to the existing unique feature set. Biotres has been a game-changing product to the cardiac health market since its release. Biotres Pro continues this trend and establishes Biotricity’s product portfolio as the most comprehensive remote cardiac monitoring product portfolio globally.


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Biotricity, Healthcare

Biotricity continues to expand patent portfolio with latest patent filing for Bioheart device

Biotricity Inc. (Biotricity) today announced its patent filing for the company’s Bioheart device. Bioheart, regarded as one of the most innovative wearable heart monitoring solutions and recognized as one of TIME Magazine’s Best Inventions of 2022 stands as a “game changer” in the industries of personal heart and remote lifestyle monitoring. This patent safeguards Bioheart’s exclusive 3-view dry-contact technology, advanced sensor system, unique design, and compact form factor, a combination that’s never been seen in the consumer market.


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