Atcor Medical Holdings Limited (ASX:ACG) is commencing a preliminary trial of its Pulse Wave Analysis (PWA) technology in a strategic collaboration with Silicon Valley-based Blumio Inc.
As part of the eight-week trial, AtCor will assess the feasibility of obtaining cardiovascular blood pressure (BP) related data utilising the Blumio wearable sensor and analysing it via AtCor's PWA technology.
As part of a multi-phase program, the first phase of the assessment is to collect sensor data from at least 15 human subjects covering different age groups, different genders and a range of BP characteristics.
Collaborating with Macquarie University
The trial will be conducted in collaboration with a team headed by Professor Alberto Avolio in the Faculty of Medicine and Health Sciences at Macquarie University, Sydney.
Pending success of the first phase trial results, subsequent trials will progress to integrate AtCor's PWA technologies into an existing Blumio wearable sensor product.
The first phase is expected to take about eight weeks to complete, including the trial, technical report and stakeholder analysis.
Fast growing home monitoring segment
Cardiovascular related mortality accounts for over 30% of global deaths annually and home monitoring using modern wearables and mobile products is a growth industry expected to exceed US$1.6 billion by 2023.
Blumio and AtCor are aiming to be at the forefront of this developing area of telehealth and can leverage off their strong established client base such as Novartis, GSK, Mayo Clinic and others.
AtCor chief executive officer Craig Cooper said: “Collaborating with our first-class partners in this trial, Macquarie University and Blumio, ensures that AtCor has every opportunity to succeed in progressing its leading cardiovascular monitoring technology and encompasses our strategy to become a world leader in hypertension and cardiovascular health.”