FinTechFunding

CardieX: Partners with Andon

  • Health tech company CardieX (CDX) subsidiary, ATCOR, has entered into a co-development and commercial partnership agreement with Andon
  • Andon is one of China’s largest manufacturers of home-use medical electronic devices
  • The first device will be ATCOR Pulse, targeted for commercial launch in U.S., Europe, Australia and China during the fourth quarter of 2021
  • When Pulse pared with Arty, the device will provide full remote patient monitoring of a patient’s vital signs at home
  • Under the agreement, Ardon will be responsible for obtaining the regulatory approvals in all target markets
  • On the market this afternoon, CardieX is up 3.51 per cent and is trading for 5.9 cents per share at 3:32 pm AEST
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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