Home›Procurement News›United States : CARIONET enters multi-year development agreement
Procurement And Tender News
Tendersinfo keep you informed about the latest events in the national and international Procurement Industry. Procurement News provides in-depth coverage of the procurement industry, including contract awards, contract additions, new contract wins, mergers and acquisitions. Tendersinfo through its tender news section provides an update on all domestic and global tendering opportunities, invitation to bid & trade leads.
United States : CARIONET enters multi-year development agreement
Publish Date : 26-Feb-2013
The major wireless medical technology and research services firm, CardioNet, Inc., which is currently focusing on the diagnosis and monitoring of cardiac arrhythmias, has entered a multi-year development agreement with the Belgium-based nanoelectronics research center IMEC and its Dutch associate Holst Centre. The partners will work to develop two revolutionary cardiac monitoring products, over the next 18 months.
The new products would provide a major boost to patient experience during monitoring, and shall be a key advance in the sphere of remote cardiac monitoring. CardioNet expects the development project to leverage on its proprietary algorithms and back-end infrastructure, and IMEC\'s world-class expertise in ultra-low power ECG readout ASIC (application specific integrated circuit) with combined motion artifact reduction. The project will also build upon Denmark-based Delta\'s creation development of the world\'s smallest ECG electrode patch.
President and CEO of IMEC, Luc Van den hove, said : \'Ten years ago, CardioNet revolutionized the field of cardiac monitoring by introducing the first mobile outpatient cardiac telemetry system, MCOTTM. Today, CardioNet is once again pioneering the field, by developing innovative solutions in terms of user experience and performance. We are delighted to see how our ultra-low power integrated circuits translate to such system innovations, and are excited to work with CardioNet. This collaboration is another example of how leading companies are leveraging our technologies to launch new products with breakthrough performance and functionality, addressing the most pressing challenges in healthcare.\'
President and CEO of CardioNet, Joe Capper, added : \'We are excited to join forces with IMEC to develop the next generation of cardiac monitoring devices. In selecting IMEC as our development partner, we were extremely impressed with IMEC\'s proven track record of developing innovative products for a distinguished group of global partners. This collaboration will further advance the use of remote technology to improve the quality of patient care.\'