G Medical Innovations announces receiving notice of patent issuance from the USPTO for vital signs sensors
January 30 2023 - 06:15AM
GlobeNewswire Inc.
G Medical Innovations Holdings Ltd. (Nasdaq: GMVD) (the “Company”
or “G Medical Innovations”) today announced that it has received a
patent issue notification from the United States Patent and
Trademark Office (“USPTO”) for its monitoring products marketed in
the United States. The patent, expected to be issued on February 7,
2023, Method and System for Vital Signs Monitoring with Earpiece,
covers the vital signs monitoring system that the Company is
developing using multiple sensing mechanisms to be used on
different body locations. This vital sign monitoring system will
potentially provide physicians more versatility in patients’
monitoring and would simplify in and out-patients’ monitoring.
Together with the two patents received in December 2022, G
Medical Innovations continues to strengthen its position in the
market with its unique technologies and services. The Company
believes that obtaining these patents places the Company at the
forefront of the industry and provides the Company a significant
advantage over its competitors, specifically with regards to
accurate monitoring of patients. This will potentially allow the
Company to increase the market size for its products and its
monitoring services.
This new patent adds to the Company’s patent portfolio, which
includes six granted patents G Medical Innovations has received for
its product (four in the United States and two in China).
The Company currently has three more patents which are pending
approval from the USPTO.
About G Medical Innovations Holdings Ltd.:
G Medical Innovations Holdings Ltd. is a healthcare company
engaged in the development of next generation mHealth and
telemedicine solutions and monitoring service platforms. The
Company’s solutions and services can empower consumers, patients,
and providers to better monitor, manage and improve clinical and
personal health outcomes, especially for those who suffer from
cardiovascular disease (or CVD), pulmonary disease, and diabetes.
The Company’s current product lines consist of its Prizma medical
device (or Prizma), a clinical-grade device that can transform
almost any smartphone into a medical monitoring device, enabling
both healthcare providers and individuals to monitor, manage and
share a wide range of vital signs and biometric indicators; its
Extended Holter and Monitoring Cardiac Telemetry Patch services,
utilizing a multi-channel patient-worn biosensors, with algorithms
for real time analysis and transmission that captures
electrocardiography (i.e. ECG) data continuously, including QT
Syndrome Prolongation Detection. In addition, the Company is
developing its Wireless Vital Signs Monitoring System (or VSMS),
which is expected to provide full, continuous, and real-time
monitoring of a wide range of vital signs and biometrics. Its
monitoring services include provision of Independent Diagnostic
Testing Facility (i.e., IDTF) monitoring services and private
monitoring services.
Visit https://gmedinnovations.com/.
Forward-Looking Statement:
This press release contains forward-looking statements within
the meaning of the “safe harbor” provisions of the Private
Securities Litigation Reform Act of 1995 and other Federal
securities laws. Words such as “expects,” “anticipates,” “intends,”
“plans,” “believes,” “seeks,” “estimates,” and similar expressions
or variations of such words are intended to identify
forward-looking statements. For example, G Medical Innovations is
using forward-looking statements when it discusses: the expected
issuance and issuance date of a patent from the USPTO; the
Company’s expectation that such patent will provide the Company
with a significant advantage over its competitors; and the pending
additional patents with the USPTO. Because such statements deal
with future events and are based on the Company’s current
expectations, they are subject to various risks and uncertainties,
and actual results, performance, or achievements of G Medical
Innovations could differ materially from those described in or
implied by the statements in this press release. The
forward-looking statements contained or implied in this press
release are subject to other risks and uncertainties. Except as
otherwise required by law, G Medical Innovations undertakes no
obligation to publicly release any revisions to these
forward-looking statements to reflect events or circumstances after
the date hereof or to reflect the occurrence of unanticipated
events. References and links to websites have been provided as a
convenience, and the information contained on such websites is not
incorporated by reference into this press release.
Investors Relations Contact:
G Medical innovations
service@gmedinnovations.com
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