The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • HeraMED (HMD) will have its pregnancy monitoring solutions, HeraBEAT and HeraCARE, tested in a pilot study at Israel’s largest hospital, the Sheba Medical Centre
  • In the first stage of the pilot, medical staff at Sheba will use the HeraBEAT smart pregnancy monitor in its dedicated pregnancy COVID-19 unit
  • The second stage of the pilot will include a much wider study, which will provide additional uses beyond COVID-19
  • On market close, HeraMED is in the grey and trading at 10.5 cents per share.

HeraMED (HMD) will have its pregnancy monitoring solutions, HeraBEAT and HeraCARE, tested in a pilot study at Israel’s largest hospital, the Sheba Medical Centre.

Sheba is home to over a quarter of Israel’s medical research and was recently placed ninth in Newsweek’s 2020 hospital rankings.

The pilot will be undertaken in numerous stages. During the first stage, which will begin immediately, Sheba will use the HeraBEAT smart pregnancy monitor in its dedicated pregnancy COVID-19 unit.

Pregnant women who are admitted to the COVID-19 unit require continuous monitoring. The HeraBEAT will help midwives and obstetricians monitor real-time foetal and maternal heart rate monitoring. This method will limit the amount of physical interaction and therefore reducing the risk of COVID-19 exposure.

The second stage of the pilot will include a much wider study, which will provide additional uses beyond COVID-19, such as high-risk pregnancies. This stage has potential to include a wide audience of pregnant women.

HeraMED CEO David Groberman is delighted and proud to partner with Sheba.

“As leaders in medical innovation in Israel, Sheba represents a highly relevant partner for HeraMED, and we look forward to working closely with them through this pilot stage and then in relation to a potential commercial partnership,” he said.

“Our focus remains on progressing the growing pipeline of potential partnerships, and HeraMED is well placed to capitalise on these opportunities and will update the market at the appropriate time,” he added.

Director of the Sheba Women’s Health Innovation Centre, Dr Avi Rsur, is excited to partner with HeraMed.

“Our goal in the pilot starting in the antepartum COVID-19 unit is to enable the highest standard of maternal care and foetal monitoring while reducing the risk of COVID-19 exposure and spread,” he said.

“In the next steps, our mission will be to leverage these cutting-edge technologies to provide our pregnant patients with premium MaternalFoetal remote care wherever they are, at home or at work,” he added.

On market close, HeraMED is in the grey and trading at 10.5 cents per share.

hmd by the numbers
More From The Market Online

LTR Pharma’s SPONTAN investigation in pulmonary arterial hypertension approved

LTR Pharma has received approval for an investigator-initiated clinical study evaluating SPONTAN in patients with newly…

Pro Medicus signs $43M, seven-year contract with Virtua Health in US

Pro Medicus' wholly-owned US subsidiary, Visage Imaging, has signed a seven-year, $43 million contract with Virtua…

Recce welcomes positive phase 3 clinical trial data for topical gel for diabetic foot ulcer infections

Recce Pharmaceuticals has reported a review of blinded data of its current phase 3 trial has…
Blood sample blood test blood concept

Newest ASX listee Identifai Genetics up +20% on IPO day eyeing prenatal screening disruption in the USA

The newest company to hit the ASX, Identifai Genetics (ASX:ID1), has seen its shares jump +20% on some $330,000...