Slovenian manufacturer of wearable electrocardiograph medical device seeks distributors and investors under financial agreement

A Slovenian company is manufacturing and selling an innovative medical device for a long-term cardiac activity monitoring. The company is looking for a well-established distributors and investors in Europe. Potential partners should be distributors with a network among medical institutes, hospitals and clinics, homes for the elderly and health resorts. The medical device is a personal device for measuring cardio activity. The device constitutes from an electrocardiograph (ECG) sensor, charger, charging dock, mobile application and standalone software for visualization ECG. Company is further developing real time diagnostic SW application working on smartphone for continuous monitoring of hearth rhythm. Primary aim of application is to detect Atrial fibrillation as asymptomatic event. The core of the system is a small and light ECG sensor, fixed to the skin using standard self-adhesive electrodes. The ECG sensor measures the user's differential ECG between two proximal electrodes on the distance of approx. 8 cm. The moderate resolution ECG is suitable for a long-term personal cardiac activity monitoring during every-day or sport activities, and for clinical use. With a single charge of the built-in battery, the ECG sensor can run continuously for up to seven days and at least 14 days in stand-by mode. The measurements from the ECG sensor are transferred through a build-in low power Bluetooth BT4.0 radio to the mobile application on a personal digital assistant (PDA), i.e. smartphone or tablet, which provides storage and graphical presentation of the measurements. User can be a healthy person, person under screening or a patient. The usage of the medical device is not limited by age, sex, body weight or height and other personal characteristics. The company is seeking distributors which have strong sales channels with specialized stores, medical institutes, hospitals and/or with physiotherapy and rehabilitation clinics, especially in the field of cardiovascular and respiratory diseases. Distributors should be able to provide sales and delivery, and after-sales service such as warranty work. Beside medical institutions partner having good connections with wellbeing, wellness and fitness wearables is a surplus. In case the potential partner's activities meet the Slovenian company’s expectation, an exclusive agreement for specific markets may be considered. Beside distributors, the company is also offering a collaboration under financial agreement. The company is seeking investors for development of additional real time diagnostic functionalities and reaching new markets.