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Hydrix (ASX:HYD) completes first US Guardian implant

Health Care
ASX:HYD      MCAP $3.305M
03 August 2021 05:00 (AEST)

Hydrix (HYD) has successfully completed its first commercial implant of the Guardian device in the US.

The procedure was performed last week by cardiac electrophysiologist and cardiologist Dr Andrew J Kaplan of Cardiovascular Associates of Mesa in Arizona.

Dr Kaplan is pleased with the success and outcome of the procedure.

“The first commercial implant of the Guardian marks a pivotal advancement in cardiac care. The device detects impending acute coronary syndrome (ACS) events including silent heart attacks, and leads to earlier patient treatment,” Dr Kaplan commented.

“Given the device’s clinical success, the cardiovascular community can feel confident in this new, first-in-kind technology.”

Hydrix’s Guardian device uses machine learning algorithms and artificial intelligence to continuously monitor the patient’s heart signal and warn of any coronary syndromes such as silent heart attacks.

General Manager Paul Kelly commented on the significant milestone.

“Today’s announcement about the first USA commercial Guardian implant is yet another milestone achievement for the technology,” Mr Kelly said.

“It reinforces our confidence in achieving our goals as we progress towards commercialisation of the world’s only implantable heart attack alert system.”

Hydrix has also announced it has completed the application to the Australian Therapeutic Goods Administration.

Subject to the approval process, the company expects to receive approval in the first half of 2022.

Hydrix has ended the day 9.68 per cent in the green with shares trading at 17 cents in a $25.23 million market cap.

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