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2 clusters · 4 sources · 9 days · First seen · Last updated

Sky Labs wearable medical technology expansion

Overview

Sky Labs, a medical device company specializing in wearable health technology, has initiated an international expansion of its ring-type blood pressure monitor, the CART BP pro. The company signed a supply agreement with German medical firm IEM GmbH to introduce the device to the United Kingdom and European hospital markets, integrating the technology with IEM’s ‘FLOW’ software.

Following this expansion, Sky Labs experienced significant growth on the KOSDAQ market, with its stock price rising more than 3.5-fold from its initial public offering price. This surge was driven by the release of clinical research findings at the European Society of Cardiology Congress in Munich, which demonstrated an 80% valid data analysis rate for patients with atrial fibrillation using the company’s PPG sensor and AI algorithm technology.

Entities

European Society of Cardiology · CART BP pro · Korea Exchange · Skylabs · IEM GmbH

Timeline

  1. 4 days ago

    [BUSINESS] 2 sources
    SkyLabs stock surges following KOSDAQ listing and clinical data release

    SkyLabs shares have surged over 3.5 times their IPO price on the KOSDAQ, driven by positive clinical data for its ring-type blood pressure monitor presented at a major cardiology congress in Germany.

  2. 12 days ago

    [BUSINESS] 2 sources
    Sky Labs signs European supply deal for ring-type blood pressure monitor

    Sky Labs has partnered with Germany's IEM GmbH to supply its ring-type blood pressure monitor to UK and European hospitals, integrating the device with existing clinical software.

Sources

blockchainseoul.kr · imaeil.com · thebionews.net · venturesquare.net