Biotricity Inc. (BTCY)

[Bcl40004$]

The Company is continuing to develop “Biopatch,” an ECG patch which it anticipates filing with the FDA by Q1 2019. An extension of Biotricity’s award-winning Bioflux device, Biopatch offers an alternative to the 3-lead system which is ideal for patients with less complicated cardiac conditions.  The patch leverages the capabilities of Bioflux and provides wireless arrhythmia monitoring for patients who are either at risk for, or diagnosed with, certain cardiac issues. Small, comfortable, and effective, Biopatch will ensure patients with atrial fibrillation (AFib) and other cardiac issues receive early diagnosis and preemptive care from their physicians, and will support the shift to outpatient care.
The future of medical gadgets appears to be headed towards medical-grade wearables that will be increasingly smaller and accurate enough to detect warning signs and facilitate a diagnosis. Biotricity is pleased to see how consumer-based devices like the new Apple Watch are creating awareness among consumers about possible heart issues, which will lead many to seek medical care to determine if they have an issue. Once identified, healthcare providers can prescribe medical grade wearables such as Bioflux for continuous, real-time monitoring of a patient’s ECG to diagnose their exact condition and determine the appropriate medical care. This latest market activity has garnered increased media interest and press coverage from leading health and med device publications.
Biotricity is also expanding its Scientific and Medical Alliance Board with eminent cardiologists who will lend their expertise to help Biotricity tailor its solution for chronic care management and for preemptive heart disease identification in new markets. The Company has extended an Advisory Board Membership invitation to several candidates and all have accepted; the Company will provide further details in the coming months. The Biotricity Scientific and Medical Alliance Board recognizes members for advancing scientific and clinical excellence through dedicated collaboration and industry leadership.