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HomeFinTechEmyria: Receives TGA approval for Openly heart rate monitoring app

Emyria: Receives TGA approval for Openly heart rate monitoring app

  • Emyria (EMD) has received Therapeutic Goods Administration (TGA) approval for its Openly app, which will used in several upcoming clinical trials
  • The app utilises the capabilities of a smartphone to provide medical-grade measurements of an individual’s heart rate
  • Software-based medical devices, like Apple’s HealthKit, are gaining increasing traction as verified healthcare products
  • It can now used to remotely monitor patients in clinical studies, also provide telehealth services to patients and enable other consumer healthcare products
  • The Openly app can also used to facilitate the development of other medical technologies
  • Emyria is up 0.91 per cent to $0.22 per share
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