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Biotricity, Healthcare

Biotricity signs distribution agreement with top 5 distributor for its Cardiac Monitoring Solutions

Biotricity Inc. (Biotricity) has signed its second distribution agreement with a top five US medical device distributor for the marketing and distribution of its two cardiac monitoring solutions (CMS) designed for cardiologists’ patient use – Bioflux® and BiotresTM.  The distribution agreement covers Bioflux and Biotres and will be distributed directly to hospitals and clinics for professional medical utilization with suitable patients.


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Biotricity, Healthcare

Biotricity signs with top 5 group purchasing organization; potential for higher sales volume in 2023

Biotricity Inc. (Biotricity) has signed an agreement with a leading group ‎purchasing organization (“GPO”) for national distribution of its cardiac monitoring solutions, Bioflux® and BiotresTM.  Both Bioflux and Biotres are designed for cardiologists to diagnose and monitor their patients remotely. GPO’s are entities comprised of businesses organized to purchase materials or supplies from vendors in larger volumes to gain efficiency. In this case, the GPO is comprised of hundreds of small, independent US hospitals, private ‎clinics, and medical offices that purchase medical devices and supplies at scale.


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Healthcare, News

Asep Inc. signs Letter of Intent for joint venture with Bahrain-based Seaspring W.L.L. for regulatory approval and commercialization of sepsis diagnosis technology

Asep Medical Holdings Inc. (Asep Inc.) is delighted to announce the recent signing of a Letter of Intent (LOI) for a joint venture between Asep Inc. and Seaspring W.L.L (Seaspring).  The joint venture will be owned 50/50 between Asep Inc. and Seaspring pursuant to a definitive agreement.  As per the terms of the LOI that was signed by both parties on December 11, 2022 in Bahrain, Seaspring will contribute the capital required by the joint venture to conduct its business operations while Asep Inc. will provide the licensing rights for use of the technology in the Kingdom of Bahrain and the Middle East and North Africa (MENA) region.


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Biotricity, Healthcare

Biotricity files FDA 510(k) for a new form factor of its Biotres Cardiac Monitoring Device to expand its revenue growth

Biotricity Inc. (Biotricity) today announced that it made a 510(k) submission to the U.S. Food and Drug Administration (FDA) for a new form factor of its Biotres Cardiac Monitoring Device, a three lead device for ECG and arrhythmia monitoring that is intended for lower risk patients.


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Cybersecurity, Wedge Networks

Wedge Networks to participate in the upcoming Arab International Cybersecurity Summit (AICS)

Wedge Networks Inc. (Wedge) announces its participation as a silver sponsor and exhibitor in the upcoming Arab International Cybersecurity Summit (AICS) on December 6 – 8, 2022, at Exhibition World Bahrain.  Wedge will exhibit at the summit to provide onsite live demos and exchange knowledge and ideas with industry peers.


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Biotricity, News

Biotricity surpasses $10 million in annual revenue run rate

Biotricity Inc. (Biotricity) today announced it has surpassed $10 million in annual revenue run rate.  “With strong revenue growth each quarter, our scale and market reach increases every day.  I am committed to continuing to drive growth and realize our potential,” says Biotricity Founder and CEO, Dr. Waqaas Al-Siddiq.


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