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Thursday, 06/02/2016 4:24:07 PM

Thursday, June 02, 2016 4:24:07 PM

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Medical Device Daily...April 19, 2016 article.....

Nowcardio a potential
triple threat in ambulatory
arrhythmia monitoring


By David Godkin, Staff Writer

Event Cardio Group Inc. is moving
forward with its Canadian plan for
commercializing Nowcardio, an
advanced ambulatory arrhythmia
monitoring system - this following the
device’s certification to Canadian Medical
Devices Conformity Assessment System
standards. Event Cardio has also signed
an agreement with Newmarket, Ontario’s
The Stornoway Group Inc. to accelerate
regulatory approvals in Europe, Australia and the U.S.

“We’re absolutely thrilled,” Event Cardio President and CEO
John Bentivoglio told Medical Device Daily. “We’ve been working
on this for four years and we believe we have the best device
for ambulatory arrhythmia monitoring available in the world
today.”

Bentivoglio stakes his claim on the combination of three
distinct technologies in Nowcardio to monitor, record, transmit
and analyze a patient’s cardiac data: an event recorder stores
brief recordings of ECG activity when activated by the patient
in response to symptoms. Mobile cardiac outpatient telemetry
or “loop recording” provides several days of ECG monitoring
in patients with symptoms suggestive of a significant cardiac
arrhythmia.

Meantime, a Holter monitor records cardiac events likely to
occur within 24 or 48 hours to record events - usually too short
to capture infrequent symptoms of arrhythmia. By combining
Holter with event and telemetry recording, Nowcardio “can do
it all,” said Bentivoglio, monitoring and recording a patient’s
cardiac status for up to thirty days.

“Most important, though, is that all of that is done in real time,”
Bentivoglio said. “You could be in Toronto and your doctor
in Ottawa and he could have immediate access to whatever test
is underway at that moment.” Cardiac data from a single-lead
ECG patch worn by the patient is transferred via Bluetooth
and fob to a remote computerized data monitoring center for
interpretation by hospital staff.

Also critical to ambulatory arrhythmia monitoring is patient
acceptance – precisely where Holter monitors fall down, Event
Cardio’s Chief Engineer Richard Smith explained to Medical
Device Daily. “A lot of patients won’t keep it on because there
are a lot of leads, a lot of wires and it’s uncomfortable. So you
don’t get the kind of diagnostic yield required.” By reducing the
weight and electronic complexity, the single-lead Nowcardio
is worn more comfortably by patients, he said, to produce a
greater data yield.

No one is more sensitive to his patients’ comfort than Yaariz
Khaykin, an electrophysiologist at Southlake Regional
Health Center in Newmarket, Ontario. “My patients come
back to me and say ‘please, please don’t order another
two week Holter.’” But the verdict is still out, he told
Medical Device Daily, on single lead ECGs. “It makes sense,
depending upon the patients’ willingness to have anything
attached to their skin for prolonged periods of time.”

Peter Zimetbaum, Associate Chief and Director of Clinical
Cardiology Beth Israel Deaconess Medical Center, contrasts
the Holter monitor with the Zio Patch made by San Francisco’s
Irhythm Technologies Inc. The lightweight, single-use cardiac
event patch continuously records heartbeats for up to thirty
days, compared to twenty-four to forty-eight hours using the
Holter.

“Both of these devices provide comprehensive arrhythmia
analysis,” he told Medical Device Daily, “but neither provides
that data in real time to the physician. The Zio patch has the
distinctive advantage of comfort for the patient with a longer
period of surveillance.”

Dublin-based Medtronic plc’s Seeq Mobile Cardiac Telemetry
is also a simple peel-and-stick sensor attached to the
patient’s chest, but has real time monitoring ability. There, the
impediment could be cost: “The Seeq is expensive, costing
about US$700,” Zimetbaum said. “Event recorders and even
the Zio patch are only US$200. So there’s a big cost differential
when you have these more advanced devices.”

How might Nowcardio compare once it’s on the market? That’s
still to be determined. So far, money coming in to Event Cardio
Group has been for developing the product, i.e. a second
tranche of C$325,000 CAD from a group of individuals who
are party to C$1.5 million in subscription agreements disclosed
on Feb. 17, 2016. To date, the group has advanced C$660,000
of the C$1.5 million. According to company literature this
second tranche of funds will largely be used to further the
commercialization of the Nowcardio.



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