Medwave Inc. Partners with Analogic Corporation to Revolutionize Blood Pressure Monitoring

Strategic Insights -

Medwave Inc., a pioneer in sensor-based, non-invasive blood pressure measuring solutions, has signed a significant agreement with Analogic Corporation to integrate Medwave's technology into Analogic's patient monitoring product line. This partnership marks a major breakthrough in the blood pressure monitoring market, which has seen little innovation in decades. Medwave's non-invasive blood pressure technology has been proven to be faster, more flexible, and more accurate than conventional blood pressure cuff technology in studies and user reports.

Key Takeaways:

  • Medwave Inc. has signed an OEM Supply and License Agreement with Analogic Corporation to integrate Medwave's non-invasive blood pressure technology into Analogic's patient monitoring product line.
  • The agreement also allows Analogic to integrate Medwave's sensor-based blood pressure solutions into their own products or design and manufacture products for other medical device companies.
  • Medwave's technology has been proven to be superior to conventional blood pressure cuff technology in studies and user reports.
  • The partnership marks a significant breakthrough in the blood pressure monitoring market, which has seen little innovation in decades.
  • Medwave has received regulatory clearances to market its technology in Europe, Asia, and the United States.
  • The company has also received the necessary certifications, including ISO13485/ISO9001/MDD93/42/EEC, and all of its products are CE marked.
  • Medwave has a history of successful collaborations, including partnerships with Nihon Kohden, Zoll Medical, and a Global Electronics Company.
  • The company trades on the NASDAQ small cap market under the symbol MDWV.

Statistics:

  • Medwave's technology is installed in over 500 hospitals and clinics worldwide.
  • The company has received the Frost and Sullivan Market Engineering Award for Technology Innovation.
  • Medwave's Vasotrac(R) APM205A NIBP Monitor and Vasotrax(R) Hand Held Monitor are among the key products that have been recognized for their innovative technology.
  • The company has previously received the Seal of Acceptance from the Alliance of Children's Hospitals.

Sources:

  • "Medwave Inc. develops, manufactures, and distributes sensor-based non-invasive blood pressure solutions." (Source: About Medwave)
  • "Analogic Corporation is a leading designer and manufacturer of advanced health and security systems and subsystems sold primarily to Original Equipment Manufacturers (OEMs)." (Source: About Analogic)
  • "Medwave has signed an OEM Supply and License Agreement with Analogic Corporation to integrate Medwave's non-invasive blood pressure technology into Analogic's patient monitoring product line." (Source: Medwave Inc. press release)