Representative Image(Reuters) 
Business

Israeli tech firm inks USD 32.4 million deal to sell med watches in India

Israel’s CardiacSense said on Sunday it signed a $32.4 million deal to sell medical watches in India, bringing its total backlog of orders to over $60 million.

migrator

The company said the agreement is for 150,000 watches - which can monitor vital signs like temperature, blood pressure and blood oxygen saturation - to be used in hospitals, home hospitalisations and patient monitoring.

The deal with Explore Lifestyle Solutions, a manufacturer and distributor of medical rehabilitation products operating in India, will be carried out over the next four years, CardiacSense said in a statement. It is also in the process of receiving FDA and CEO regulatory approvals for marketing in the US and Europe.

Visit news.dtnext.in to explore our interactive epaper!

Download the DT Next app for more exciting features!

Click here for iOS

Click here for Android

Also Read

Veeramani case under CM Vijay’s direct supervision, says Minister Rajmohan

ECI must not only be independent but also be seen to act independently: Justice Dipankar Datta

'One-man autocracy' under CEC, Gyanesh Kumar must be removed: Oppn after report on differences in poll panel

Submerged Chola port city yields fresh secrets, throws up torpedo jar during exploration

TN nurses body announces agitation over contractual appointments

SCROLL FOR NEXT