HeartSciences
↗Southlake, Texas, USA
HeartSciences is a medical technology company focused on applying artificial intelligence (AI) and advanced signal processing to electrocardiography (ECG/EKG) to improve the early detection of heart disease. The company's core technology, the MyoVista wavECG, utilizes continuous wavelet transform (CWT) signal processing to detect cardiac dysfunction related to impaired relaxation, a key early indicator of heart disease that conventional ECGs often miss.
In addition to its hardware, HeartSciences has developed MyoVista Insights, a cloud-native, hardware-agnostic platform designed to host a library of AI-ECG algorithms. Through a major partnership with the Icahn School of Medicine at Mount Sinai, the company has gained access to a vast repository of ECG data and algorithms, positioning itself as a leader in the emerging AI-ECG diagnostic market. The company aims to bridge the diagnostic gap between low-cost frontline ECG testing and expensive cardiac imaging.
CLASSIFICATION
Company Type:MedTech
Therapeutic Areas:
Industry:Medical Devices
Sub-Industry:Cardiovascular Diagnostics / AI-ECG
SIZE & FINANCIALS
Employees:1-50
Revenue:< $1M
Founded:2007
Ownership:public
Status:operating
FUNDING
Stage:Post-IPO
Total Raised:$47.7M
Investors:Icahn School of Medicine at Mount Sinai, GHS Investments, Individual Private Investors
STOCK
Exchange:NASDAQ
Ticker:HSCS
Market Cap:$9.4M
PIPELINE
Stage:Commercial
Lead Drug Stage:FDA 510(k) Submission
Modalities:AI-ECG Algorithms, Medical Device (Hardware), Cloud-native Software (SaaS)
Active Trials:1
Trial Phases:Phase 3: 1
FDA Approvals:0
EMA Approvals:0
CORPORATE STRUCTURE
Key Partnerships:Icahn School of Medicine at Mount Sinai (Algorithm licensing and data access), University of West England (ECG Education and Technology Reference Center), Cibolo Health (Preferred ECG management platform for 123 hospitals)
COMPETITION
Position:Emerging
Competitors:iRhythm Technologies, AliveCor, Biotricity, Nihon Kohden, GE HealthCare, HeartBeam, AccurKardia
LEADERSHIP
Key Executives:
Andrew Simpson - CEO & Chairman
Mark T. Hilz - COO
Danielle Watson - CFO
Scientific Founders:Girish Nadkarni, MD (Scientific Advisor), Akhil Vaid, MBBS (Scientific Advisor)
Board Members:Andrew Simpson, Mark T. Hilz, Brian Szymczak, David R. Wells, Bruce Bent
LINKS
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