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Southlake, TX, July 25, 2024 (GLOBE NEWSWIRE) -- Heart Test Laboratories, Inc. d/b/a HeartSciences (NASDAQ: HSCS; HSCSW) (“HeartSciences” or the “Company”), an artificial intelligence (AI)-powered medical technology company focused on transforming ECGs/EKGs to save lives through earlier detection of heart disease, today announced that the MyoVista® wavECGTM has been selected by the Innovation Value Institute as a technology which can drive the radical transformation of healthcare and has been invited to demonstrate and discuss the MyoVista wavECG at the 4th Digital Health Symposium at the United Nations General Assembly to be held in New York, USA in September 2024.
Founded in 2006, the Innovation Value Institute (IVI) is a multidisciplinary research institute focused on digital transformation and technology adoption based in Maynooth University, Ireland. The selection follows HeartSciences recent presentation and demonstration of the MyoVista wavECG at IVI’s International Digital Health Summer School 2024 focused on AI in Health and Data and Electronic Health Records which brought together international representatives from health systems, governments and industry.
Professor Martin Curley, Professor of Innovation at Maynooth University, said, “Healthcare challenges globally cannot be fixed with marginal gains. They need technologies and solutions that deliver 10X improvements and shift away from emergency and elective treatment into preventative and proactive care. The MyoVista wavECG is a prime example of such a technology and we have observed firsthand the benefits of its use in frontline healthcare to identify disease early.”
Andrew Simpson, CEO of HeartSciences, said, “We are honored that the MyoVista wavECG has been recognized as a technology with the potential to radically transform healthcare and look forward to our demonstration at the United Nations General Assembly Digital Health Symposium in September. This builds on our recent successes that include increasing support from key opinion leaders and establishing relationships in the UK and Ireland for our technology. It also evidences the enormous commercial opportunity for our AI-ECG products.”
About HeartSciences
Heart Test Laboratories, Inc. d/b/a HeartSciences is a medical technology company focused on applying innovative AI-based technology to an ECG (also known as an EKG) to expand and improve an ECG's clinical utility. Millions of ECGs are performed every week and the Company's objective is to improve healthcare by making it a far more valuable cardiac screening tool, particularly in frontline or point-of-care clinical settings. HeartSciences has one of the largest libraries of AI-ECG algorithms and is developing AI-ECG solutions to be made available on either a hardware agnostic cloud-based platform or its proprietary MyoVista® wavECG™ device, to help identify cardiovascular disease in any care setting worldwide in a manner to best suit different care providers. HeartSciences' first product candidate for FDA clearance, the MyoVista® wavECG™, or the MyoVista®, is a resting 12-lead ECG that is also designed to provide diagnostic information related to cardiac dysfunction which has traditionally only been available through the use of cardiac imaging. The MyoVista® also provides conventional ECG information in the same test.