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Acorai receives Breakthrough Device Designation for their non-invasive intracardiac pressure monitor

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HELSINGBORG, Sweden, Aug. 10, 2023 /PRNewswire/ — Acorai, a start-up medical device manufacturer from Sweden, today announces that the U.S. Food and Drug Administration (FDA) has granted Breakthrough Device Designation for Acorai’s Heart Monitor, a device for the non-invasive estimation of diastolic pulmonary artery pressure (dPAP), systolic pulmonary artery pressure (sPAP), and mean pulmonary artery pressure (mPAP) in patients with Stage C Heart Failure who have been referred for hemodynamic monitoring.

Acorai is developing a first-of-its-kind, non-invasive intracardiac pressure monitoring (IPCM) device with a unique, patented hardware technology and proprietary machine learning system. The device is intended as a companion test for qualified healthcare professionals (HCPs). It is designed to be used alongside standard-of-care assessment in a hospital or clinical setting to identify hemodynamic congestion and support personalized treatment of HF.

The Breakthrough Device application was supported by preliminary data of 281 patients from their 400-patient Swedish pilot study, which demonstrated a strong correlation to the invasive gold-standard measurements of pulmonary pressure. The full analysis of this study is currently being prepared for publication. Acorai has ethics approval in 5 countries, including the U.S., to conduct a larger 1200-patient study to ensure the device is generalizable across a global heart failure population. [NCT05835024] 

Subscribe here for updates about this trial’s progress and other Acorai news.

“A massive inflection point in our device development journey”

Acorai’s CEO and Co-Founder Filip Peters said, “We could not be more delighted with the decision from the FDA, and it constitutes a huge milestone for us as a company. Congratulations to the entire Acorai team who have worked hard to enable this.” Kasper Bourdette, Chief Operating Officer and Co-Founder added that “receiving breakthrough designation is a massive inflection point in our device development journey, and we are thrilled for the decision. This provides further signaling that we are on the right path and motivation for the [Acorai] team to take the device to approval in the coming few months.” Jakob Gelberg, Chief Technology Officer and Co-Founder, commented, “From ideation to assembling such a talented group of individuals in our team, we are convinced that we have what it takes to bring our device to the patients who need it the most. Regular reviews by the FDA in this development stage are crucial to ensuring we can meet the challenges ahead”.

Acorai was founded in 2019 and has an experienced and diverse team across hardware, software, clinical, finance, and machine learning from 11 different nationalities. Matthew Mace, Chief Scientific Officer (previously at Abbott), noted, “We have an extremely capable team at Acorai; from my time with CardioMEMS at Abbott to Filip’s machine learning experience from the finance sector, to our clinical and regulatory team’s extensive class II and Class III device experience. The secret to our continued success is that we can remotely leverage the best talent from all over the globe, united in one common goal. All credit in achieving this designation goes to the hard work of the entire team working round the clock to realize our company’s vision to define The New Standard in Heart Failure Management.”

Implications of the Breakthrough Device Designation:

Receiving the Breakthrough Device Designation accelerates the development and review process, underscoring the potential of Acorai to address unmet medical needs in heart failure management. The designation is a testament to Acorai’s commitment to driving innovation in patient care.

Andrew J. Sauer, MD, Acorai’s Chief Clinical Advisor, stressed that “Intracardiac pressure monitoring (ICPM) is a proven way to manage heart failure patients, but existing non-invasive methods are unsuitable for routine clinical use. If continually proven in larger studies, Acorai’s non-invasive device could drastically improve access to hemodynamic monitoring in a hospital or clinic without waiting for an invasive procedure. It would be expected that with accuracies similar to invasive alternatives, system-wide use would almost certainly lead to resource savings while simultaneously improving outcomes for patients with heart failure.”

To get in touch with the team or learn about collaboration or investment opportunities, e-mail: [email protected]

About Acorai

Acorai is developing a scalable medical device for non-invasive intracardiac pressure monitoring to improve heart failure management for more than 64 million patients worldwide. The Acorai system uses the patented SAVE Sensor System and proprietary machine learning models, which have clinically demonstrated accuracies equal to the invasive gold standards.

Acorai is backed by Bayer, KHP Ventures, Life Science Invest, and Golden Angel Investors, with a seasoned medical device team and corporate advisory board with experiences from GE Healthcare, Occlutech, Abbott & AstraZeneca, and clinical partnerships with world-leading hospitals.

Visit https://acorai.com/ to learn more about Acorai’s potential to become the new standard in heart failure management and a leader in non-invasive patient care.

Brief Summary: The Acorai Intracardiac Monitoring System is not cleared for use by the FDA for clinical use in the U.S. and is an investigational device. Granting a Breakthrough Device Designation does not constitute clearance by the FDA or a guarantee that the device will be approved.

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Breaking News: Bitgert Coin Price Expected To Skyrocket In Coming Days

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In recent news, Bitgert coin’s price is anticipated to soar in the coming days, marking a significant development in the cryptocurrency market. This projection has attracted attention from investors and enthusiasts alike, as they await potential gains from the anticipated price surge.

The expected rise in Bitgert coin’s price has stirred excitement among crypto investors, who are closely monitoring market trends and developments to capitalize on potential opportunities. This surge is attributed to various factors, including market sentiment, technological advancements, and investor confidence in the project’s prospects.

As the cryptocurrency landscape continues to evolve, Bitgert coin’s projected price increase underscores the dynamic nature of the market and the potential for significant gains. Investors are advised to conduct thorough research and exercise caution when trading cryptocurrencies, as price movements can be volatile and unpredictable.

Overall, the anticipated surge in Bitgert coin’s price reflects the growing interest and optimism surrounding the project, highlighting its potential to deliver substantial returns for investors in the near future.

Source: cryptodaily.co.uk

The post Breaking News: Bitgert Coin Price Expected To Skyrocket In Coming Days appeared first on HIPTHER Alerts.

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Ethereum Developers Target Ease of Crypto Wallets With ‘EIP-3074’

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Ethereum developers are setting their sights on improving the user experience of crypto wallets with the implementation of Ethereum Improvement Proposal (EIP) 3074. This proposal aims to simplify the process of interacting with Ethereum smart contracts, making it easier for users to manage their digital assets securely.

EIP-3074 introduces a new type of account called “constrained accounts,” which are designed to restrict certain types of interactions with smart contracts. This feature enhances the security of crypto wallets by limiting the scope of potential attacks and reducing the risk of unauthorized access to funds.

One of the key benefits of EIP-3074 is its ability to streamline the user experience of interacting with Ethereum smart contracts. By simplifying the process of managing digital assets, this proposal aims to make crypto wallets more accessible to a wider audience, including non-technical users.

In addition to improving usability, EIP-3074 also enhances the security of Ethereum wallets by introducing new permissioning mechanisms. Constrained accounts allow users to define specific rules and conditions for interacting with smart contracts, providing an additional layer of protection against potential vulnerabilities and exploits.

Overall, EIP-3074 represents a significant step forward in the ongoing effort to enhance the usability and security of Ethereum wallets. By introducing constrained accounts and new permissioning mechanisms, this proposal aims to make it easier for users to manage their digital assets securely while also reducing the risk of unauthorized access and potential attacks.

Source: coindesk.com

The post Ethereum Developers Target Ease of Crypto Wallets With ‘EIP-3074’ appeared first on HIPTHER Alerts.

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Istanbul Blockchain Week 2024 Returns Showcasing Turkey as the Rising Star in Web3 Adoption

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Istanbul Blockchain Week 2024 is making a comeback, highlighting Turkey as a rising star in Web3 adoption. This event, set to take place in Istanbul, aims to showcase Turkey’s growing prominence in the adoption of Web3 technologies and its potential to become a leader in the blockchain industry.

With a focus on fostering collaboration and innovation in the blockchain space, Istanbul Blockchain Week 2024 will bring together industry experts, developers, investors, and enthusiasts from around the world. The event will feature a series of keynote speeches, panel discussions, workshops, and networking sessions, providing participants with valuable insights and opportunities to connect with key players in the industry.

One of the key objectives of Istanbul Blockchain Week 2024 is to highlight Turkey’s vibrant blockchain ecosystem and its potential to drive innovation and economic growth. As a strategically located hub between Europe, Asia, and the Middle East, Turkey offers a unique opportunity for blockchain companies to tap into diverse markets and access a skilled talent pool.

The event will also serve as a platform for showcasing the latest developments and trends in the blockchain industry, including decentralized finance (DeFi), non-fungible tokens (NFTs), decentralized autonomous organizations (DAOs), and more. Attendees can expect to gain valuable insights into the future of blockchain technology and its potential impact on various industries.

Istanbul Blockchain Week 2024 is expected to attract a diverse audience, including blockchain enthusiasts, investors, entrepreneurs, government officials, and academics. By bringing together stakeholders from across the globe, the event aims to foster collaboration, drive innovation, and accelerate the adoption of blockchain technology in Turkey and beyond.

Overall, Istanbul Blockchain Week 2024 promises to be an exciting and impactful event, showcasing Turkey’s growing influence in the blockchain industry and highlighting the country’s potential to become a global leader in Web3 adoption.

Source: cryptoslate.com

The post Istanbul Blockchain Week 2024 Returns Showcasing Turkey as the Rising Star in Web3 Adoption appeared first on HIPTHER Alerts.

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