wearables

Israeli tech firm to sell $32.4 million in medical watches in India

The medical watches will be capable of monitoring temperatures, blood, pressure, and blood oxygen saturation.

  • Agency Reuters
  • 08 Jun 2020, 09:06 AM IST
  • in wearables
As a part of the platform, the Nasscom task force has developed a Covid-19 India Vulnerability Map which will provide real time streaming of data about the pandemic, across regions and states in the country.
As a part of the platform, the Nasscom task force has developed a Covid-19 India Vulnerability Map which will provide real time streaming of data about the pandemic, across regions and states in the country. (ANI)

Israel's CardiacSense said on Sunday it signed a $32.4 million deal to sell medical watches in India, bringing its total backlog of orders to over $60 million.

The company said the agreement is for 150,000 watches - which can monitor vital signs like temperature, blood pressure and blood oxygen saturation - to be used in hospitals, home hospitalizations and patient monitoring.

The deal with Explore Lifestyle Solutions, a manufacturer and distributor of medical rehabilitation products operating in India, will be carried out over the next four years, CardiacSense said in a statement.

The company said it is also in the process of receiving FDA and CEO regulatory approvals for marketing in the United States and Europe.