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Israel’s largest hospital to pilot HeraMED (ASX:HMD) pregnancy tech

Health Care
ASX:HMD      MCAP $5.299M
08 February 2021 16:20 (AEST)

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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.

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