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The applications for CBSC technology to monitor patients for signs of heart disease has never been more important. Early detection is the best strategy to address this issue of growing concern.
Note from the company update just issued:
Our targeted market deals directly with the early detection of heart rhythms that can contribute to heart disease. According to the World Health Organization (WHO), cardiovascular disease takes the lives of 17.9 million people every year, or 31% of all global deaths. They further state that by the year 2030, that number will grow to almost 23.6 million people who will die mainly from heart disease and stroke. In the US, the CDC states that 655,000 Americans die from heart disease each year - 1 in every four deaths. Heart disease costs the US alone approximately $219 billion each year. Early and timely detection of heart disease reduces hospital visits and leads to the avoidance of severe future problems. It reduces overall death rates because heart problems are identified and dealt with timely and proactively, reducing the high cost of care and improving the quality of life for the patient.
The CBSC #FDA and #CE cleared EKG devices, plus interactive cloud-based acquisition software, and smartphone apps for both iOS and Android platforms, ALL provide improved compliance for patients at risk of abnormal heart rhythms as well as more accurate information for physicians.
https://www.marketwatch.com/press-release/cb-scientific-inc-otc-cbsc-is-a-rising-entry-into-the-multi-billion-dollar-non-invasive-cardiac-monitoring-medical-device-and-software-field-2020-12-28?mod=mw_quote_news_seemore
Thanks for sharing that with here...$CBSC
The company released a shareholder update yesterday with many key accomplishments even with numerous unforeseen challenges and delays due to the impact of the COVID-19 pandemic. They made significant progress on their business objectives and strategic goals!
CB Scientific Inc. Stock Symbol CBSC issues a Shareholder Update
https://finance.yahoo.com/news/cb-scientific-inc-stock-symbol-120000861.html
That $CBSC chart looks like it ready for almost ready for a reversal. The RSI is low, at 49 but it plus the MACD and Full Stochastic may need another day to turn back upwards.
Of course, any increase in volume and price action will change the chart dramatically.
CBSC Entered into a Collaborative Partnership Agreement with SHENZHEN SEMACARE MEDICAL TECHNOLOGY COMPANY, LTD. in February 2021.
The $CBSC website has a lot of information about products, company information and investor information.
For instance, this is specifically about the my Cam, very easy to understand and informative.
Easy & Friendly
The my Cam recorder is very small, discrete, and has only one button to manually record and transmit ECGs. The unique auto-trigger enables automatic recording of asymptomatic events detected by the algorithm for atrial fibrillation, tachycardia, bradycardia and pauses.
Fast Accurate Reports
ECG recordings are reviewed by our certified cardiac technicians and then made available for review/printing. Physicians can be notified immediately of any significant findings depending upon their preferences.
Single Use Device
The my Cam recorder can be used continuously for up to 30 days with no need to replace the batteries. In addition the device is intended for single use for each patient to eliminate the need to return the device post monitoring.
http://cbscientificinc.com/services/my-cam/
Excellent update news on CBSC today which details how well the company is and its advanced technology is progressing into the very high revenue global medical monitoring device marketplace.
Note from the news:
According to a recent press release from Market Research Engine, dated February 16, 2021, it states that the cardiac monitoring and cardiac rhythm management market is expected to exceed more than US $26 Billion by 2024 at a CAGR of 4% in the given forecast. Their report covers various geographic regions such as North America, Europe, Asia Pacific, Latin American, Middle East, and Africa (https://www.marketresearchengine.com/cardiac-monitoring-and-cardiac-rhythm-management-market). Our my-Cam device is part of this market.
It's very clear from this $CBSC update that we can expect updates about the upcoming launch of distributors in the Asia Pacific region and the completion of targeted acquisitions in the US between now, into March and April through press releases and regulatory filings.
Excellent update, More Eyes now here BlazingStocks.
Hello deri21...
A really informative shareholder update from CB Scientific Inc. The first 2 points are HUGE, showing success and growth potential.
Key accomplishments that CBSC have achieved in the first seven months of operations include:
Launched My-Cardia ECG product services in Thailand (1300+ hospitals -population 66.85 million) through our authorized distributor, Mango Wellness, in October 2020, with expected new accounts in March 2021.
Signed a Definitive Purchase Agreement to acquire US medical device manufacturer DATRIX LLC in October 2020, targeted to close in April 2021. Manufacturing of our proprietary my-Cam cardiac event monitor from China to DATRIX has begun. Testing to incorporate the DATRIX Sirona acoustic and wireless device into our My-Cardia cloud-based portal has started, which will provide additional alternative remote ECG devices to our product offering, both internationally and domestically.
Excellent News LivinLarge. The Company Signed a Definitive Purchase Agreement to acquire US medical device manufacturer DATRIX LLC in October 2020, targeted to close in April 2021. Manufacturing of our proprietary my-Cam cardiac event monitor from China to DATRIX has begun. Testing to incorporate the DATRIX Sirona acoustic and wireless device into our My-Cardia cloud-based portal has started, which will provide additional alternative remote ECG devices to our product offering, both internationally and domestically. $CBSC
News: CB Scientific Inc. Stock Symbol $CBSC issues a Shareholder Update
Published: Feb. 18, 2021 at 7:01 a.m. ET
February 18, 2021 (ACCESSWIRE via COMTEX) -- Current accomplishments and targeted goals have CBSC well-positioned for significant growth in 2021
ESCONDIDO, CA / ACCESSWIRE / February 18, 2021 / CB Scientific, Inc. (OTC PINK:CBSC) ("CBSC" or the "Company"), is pleased to provide an update on the progress and achievements we have made since transitioning to the Ambulatory Remote Cardiac Monitoring market in June of 2020. While we have faced, like so many others, numerous unforeseen challenges and delays due to the impact of the COVID-19 pandemic, we continue to make significant progress towards our business objectives and strategic goals to help make CBSC a thriving and successful company.
Our targeted market deals directly with the early detection of heart rhythms that can contribute to heart disease. According to the World Health Organization (WHO), cardiovascular disease takes the lives of 17.9 million people every year, or 31% of all global deaths. They further state that by the year 2030, that number will grow to almost 23.6 million people who will die mainly from heart disease and stroke. In the US, the CDC states that 655,000 Americans die from heart disease each year - 1 in every four deaths. Heart disease costs the US alone approximately $219 billion each year. Early and timely detection of heart disease reduces hospital visits and leads to the avoidance of severe future problems. It reduces overall death rates because heart problems are identified and dealt with timely and proactively, reducing the high cost of care and improving the quality of life for the patient.
According to a recent press release from Market Research Engine, dated February 16, 2021, it states that the cardiac monitoring and cardiac rhythm management market is expected to exceed more than US $26 Billion by 2024 at a CAGR of 4% in the given forecast. Their report covers various geographic regions such as North America, Europe, Asia Pacific, Latin American, Middle East, and Africa (https://www.marketresearchengine.com/cardiac-monitoring-and-cardiac-rhythm-management-market). Our my-Cam device is part of this market.
Key accomplishments that CBSC have achieved in the first seven months of operations include:
Launched My-Cardia ECG product services in Thailand (1300+ hospitals -population 66.85 million) through our authorized distributor, Mango Wellness, in October 2020, with expected new accounts in March 2021.
Signed a Definitive Purchase Agreement to acquire US medical device manufacturer DATRIX LLC in October 2020, targeted to close in April 2021. Manufacturing of our proprietary my-Cam cardiac event monitor from China to DATRIX has begun. Testing to incorporate the DATRIX Sirona acoustic and wireless device into our My-Cardia cloud-based portal has started, which will provide additional alternative remote ECG devices to our product offering, both internationally and domestically.
Received device registration and import authorization approval from the Medical Device Authority of Malaysia (384 hospital - population 32M) for the sale and distribution of our my-Cam device into that country, targeted launch in March 2021.
Entered into a Collaborative Partnership Agreement with SHENZHEN SEMACARE MEDICAL TECHNOLOGY COMPANY, LTD. in February 2021. Our two companies will provide mutual assistance pursuing regulatory approvals for our individual products. CBSC will endeavor to consult and assist SEMACARE in their efforts towards regulatory approval of the MetaCor monitoring device for CE and US FDA 510(k) registration. SEMACARE will assist CBSC in the current regulatory approval process with the NMPA in China for the my-Cam monitoring device. During the term of this agreement, mutual efforts will be made towards the joint development of products, including interoperability between SEMACARE monitoring products and CB Scientific's current and future monitoring solutions. This includes assistance by SEMACARE to help develop a wireless, waterproof patch solution for CBSC devices.
Continuing ongoing clinical trials of our my-Cam device, associated cloud-based software portal, smartphone apps, and WeChat app continue in our pursuit of NMPA (formally CFDA) device certification approval in China. Through January 2021, CBSC is in trials with our device in 40 hospitals, with more than 250,000 successful transmissions on the WeChat app. To date, we maintain a 99%+ success rating. Along with assistance from SEMACARE, we hope to move closer to the approval of the device soon.
Completing my-Cam device and software portal set-up to include regulatory and registration approval for the country of Singapore (population 5.8M), with a targeted distribution launch there in April 2021.
We are in final discussions to secure a Definitive Purchase Agreement to acquire an Independent Device Testing Facility (IDTF) in the US. With this acquisition, we would add the capabilities to immediately provide four necessary testing options, including 24-48hour Holter Monitoring, acoustic and wireless 30-day Cardiac Event monitoring, Mobile Cardiac Telemetry, and 3-21-day Extended Holter Monitoring. Remote patient monitoring is projected to grow 18% in the next five years, according to GlobalData, a leading data, and analytics company.
With the upcoming launch of our distributors in the Asia Pacific region, the completion of our targeted acquisitions in the US, and the exploration of other geographic market expansions, CBSC is poised for significant growth in 2021 and beyond.
CB Scientific plans to make further announcements to keep its shareholders, industry participants, and the public markets informed through press releases and regulatory filings as new developments occur.
CB Scientific, Inc. Company Contact Information:
340 State Place
Escondido, CA 92029
Telephone number:
(888) 225-0870
Emails:
General inquires: info@cbscientificinc.com
Investor Inquiries: investor@cbscientificinc.com
Company Website and Social Media Outlets:
CB Scientific website, Twitter, Facebook, Instagram, LinkedIn, and YouTube
This information disclosure may contain forward-looking statements covered within the meaning of the Private Securities Litigation Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions, and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products and services that we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets. This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties, including, without limitation, the ability to obtain financing and regulatory and shareholder approval for anticipated actions.
SOURCE: CB Scientific, Inc.
View source version on accesswire.com:
https://www.accesswire.com/630474/CB-Scientific-Inc-Stock-Symbol-CBSC-issues-a-Shareholder-Update
Good update today
Gotta punch these $1.50s out and we move
Key accomplishments that CBSC have achieved in the first seven months of operations include:
Launched My-Cardia ECG product services in Thailand (1300+ hospitals -population 66.85 million) through our authorized distributor, Mango Wellness, in October 2020, with expected new accounts in March 2021.
Signed a Definitive Purchase Agreement to acquire US medical device manufacturer DATRIX LLC in October 2020, targeted to close in April 2021. Manufacturing of our proprietary my-Cam cardiac event monitor from China to DATRIX has begun. Testing to incorporate the DATRIX Sirona acoustic and wireless device into our My-Cardia cloud-based portal has started, which will provide additional alternative remote ECG devices to our product offering, both internationally and domestically.
Received device registration and import authorization approval from the Medical Device Authority of Malaysia (384 hospital - population 32M) for the sale and distribution of our my-Cam device into that country, targeted launch in March 2021.
Entered into a Collaborative Partnership Agreement with SHENZHEN SEMACARE MEDICAL TECHNOLOGY COMPANY, LTD. in February 2021. Our two companies will provide mutual assistance pursuing regulatory approvals for our individual products. CBSC will endeavor to consult and assist SEMACARE in their efforts towards regulatory approval of the MetaCor monitoring device for CE and US FDA 510(k) registration. SEMACARE will assist CBSC in the current regulatory approval process with the NMPA in China for the my-Cam monitoring device. During the term of this agreement, mutual efforts will be made towards the joint development of products, including interoperability between SEMACARE monitoring products and CB Scientific's current and future monitoring solutions. This includes assistance by SEMACARE to help develop a wireless, waterproof patch solution for CBSC devices.
Continuing ongoing clinical trials of our my-Cam device, associated cloud-based software portal, smartphone apps, and WeChat app continue in our pursuit of NMPA (formally CFDA) device certification approval in China. Through January 2021, CBSC is in trials with our device in 40 hospitals, with more than 250,000 successful transmissions on the WeChat app. To date, we maintain a 99%+ success rating. Along with assistance from SEMACARE, we hope to move closer to the approval of the device soon.
Completing my-Cam device and software portal set-up to include regulatory and registration approval for the country of Singapore (population 5.8M), with a targeted distribution launch there in April 2021.
We are in final discussions to secure a Definitive Purchase Agreement to acquire an Independent Device Testing Facility (IDTF) in the US. With this acquisition, we would add the capabilities to immediately provide four necessary testing options, including 24-48hour Holter Monitoring, acoustic and wireless 30-day Cardiac Event monitoring, Mobile Cardiac Telemetry, and 3-21-day Extended Holter Monitoring. Remote patient monitoring is projected to grow 18% in the next five years, according to GlobalData, a leading data, and analytics company.
With the upcoming launch of our distributors in the Asia Pacific region, the completion of our targeted acquisitions in the US, and the exploration of other geographic market expansions, CBSC is poised for significant growth in 2021 and beyond.
CB Scientific plans to make further announcements to keep its shareholders, industry participants, and the public markets informed through press releases and regulatory filings as new developments occur.
NEWS OUT CB Scientific Inc. Stock Symbol CBSC issues a Shareholder Update
Current accomplishments and targeted goals have CBSC well-positioned for significant growth in 2021
https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/cb-scientific-inc-stock-symbol-120000861.html
$CBSC CB Scientific Inc. Stock Symbol CBSC issues a Shareholder Update https://finance.yahoo.com/news/cb-scientific-inc-stock-symbol-120000861.html
$CBSC is giving investors a very rare opportunity for extreme wealth. Why not take a chance for something that could possibly change your life
$CBSC starting to take off. A new pick from INS the stock closed up 11% Friday alone. Here it comes... Remember calling SNDL & SING???!!! WELL WE DID. Pay attention.
Looks like it’s time to move +14%
$CBSC - Our big payday will come in due time imho.
Get in before the BIG run. This is still way undervalued. $CBSC
#BreakingNews! CB Scientific, Inc. $CBSC and Shenzhen Semacare Medical Technology Co., Ltd. Announce Collaborative Partnership Agreement https://finance.yahoo.com/news/cb-scientific-inc-cbsc-shenzhen-120000872.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr
#BreakingNews! CB Scientific, Inc. $CBSC and Shenzhen Semacare Medical Technology Co., Ltd. Announce Collaborative Partnership Agreement https://finance.yahoo.com/news/cb-scientific-inc-cbsc-shenzhen-120000872.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr
$CBSC CB Scientific, Inc. (CBSC) and Shenzhen Semacare Medical Technology Co., Ltd. Announce Collaborative Partnership Agreement https://finance.yahoo.com/news/cb-scientific-inc-cbsc-shenzhen-120000872.html?.tsrc=fin-srch
$1.50 break sets it off
Yes it is, Looking to see 5 bucks target price
$CBSC Get ready for big MEGA Bouncing!
The potential #ROI 4 @cbscientificinc is #YUGE Large medical device players are showing strong interest in the ambulatory ECG monitoring space. Here's a closer look https://mddionline.com/digital-health/connecting-dots-recent-ecg-monitoring-ma-spree READ FOR YOURSELF (Don't take my word for it)
2.7 mill float this is ready for a ride
$CBSC IT's time to BOUNCE now before Power Hour
$CBSC This week we are making upgrades to our web servers to accommodate even higher than anticipated viewer traffic. If you find the #CBScientificInc website intermittently inaccessible during this upgrade, please DM us for company information.
$CBSC #CBSC
bit.ly/3txGPAJ
This week we are making upgrades to our web servers to accommodate even higher than anticipated viewer traffic. If you find the #CBScientificInc website intermittently inaccessible during this upgrade, please DM us for company information. $CBSC #CBSC https://t.co/mH7OlhwG2S
— CB Scientific, Inc. (@cbscientificinc) February 8, 2021
$CBSC Take advantage of this buying opportunity!
$CBSC great setup on this loading zone area.. $$$
Big deals in the works here! $CBSC
$CBSC gonna launch huge news from the horizon.
$CBSC Green again! Its happening!
$CBSC Exciting news coming.. Chart looking like it’s ready to break out for second leg up.
We have a lot to look forward from $CBSC
$CBSC I'm expecting huge breakout
On a recent call with Chip the CEO he laid out plans for the company in the short term that I must say were very exciting. Also discussed the various types of technology in the space and the benefits of each type. It was very clear to me that CB Scientific plays a big part and if their near-term goals can be met will become a significant player in this 14.9 billion dollar market by 2030.
$CBSC Slow and steady...Im gonna add more today
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