Biotricity Expands Market Reach to Pulmonary and Neurology Fields Through Latest Partnerships with Two Leading Home-Based Diagnostic Companies
REDWOOD CITY, CA / ACCESSWIRE / April 30, 2024 / Biotricity Inc. (NASDAQ:BTCY), a groundbreaking Technology-as-a-Service (TaaS) company committed to delivering cutting-edge medical and consumer diagnostic healthcare solutions, announces the expansion of its cardiac diagnostics portfolio through strategic partnerships with a leading home-based neurology company and a leading home-based sleep apnea diagnostic company. Individuals suffering from sleep or neurological disorders have elevated risks for cardiac issues. These collaborations position Biotricity and its partners as comprehensive providers of holistic screenings, marking a significant advancement in Biotricity’s mission to offer integrated healthcare solutions that address the complex needs of patients with multiple conditions.
In the United States alone, a staggering 39 million people have obstructive sleep apnea (OSA). Up to 50% of OSA patients have nocturnal arrhythmias, and the frequency of cardiac arrhythmias increases with the number and severity of apneic episodes. Furthermore, individuals having cardiovascular disease (CVD) have a prevalence of sleep apnea ranging from 47-83%, compared to 5-10% in the general population. This alarming overlap underscores the critical need for accessible comprehensive healthcare solutions.
Moreover, an estimated 6.8 million people die every year because of neurological disorders, including dementia and Alzheimer’s disease. Research has shown a strong association between CVD and a heightened risk of dementia and Alzheimer’s disease. Notably, atrial fibrillation, the most prevalent cardiac arrhythmia, affects up to a third of patients asymptomatically and has been associated with an increased incidence of dementia and silent cerebral damage.
“We are thrilled to broaden our reach in the pulmonology and neurology sectors,” exclaimed Dr. Waqaas Al-Siddiq, CEO and Founder of Biotricity. “These alliances with home-based neurology and sleep apnea diagnostic companies empowers us to deliver comprehensive screenings to patients that were previously unreachable. By proactively managing co-morbidities that are closely associated with cardiac disease, we strive to equip patients and healthcare providers with invaluable insights for personalized care, advancing our mission to transform healthcare delivery and improve outcomes.”
With the potential to prevent up to 80% of strokes and heart attacks, the importance of early detection and management cannot be overstated. Given the complexity of co-morbidities and the heightened patient risk, Biotricity and its partners are delivering early and accessible comprehensive diagnostic screenings to help improve quality of life and disease management.
For more information about Biotricity Inc. and its innovative healthcare solutions, please visit www.biotricity.com/investors.
About Biotricity
Biotricity is transforming the healthcare market by bridging the gap in remote monitoring and chronic care management with a focus on cardiology. Physicians and patients trust Biotricity’s unparalleled standard for preventive and personal care, including diagnostic and post-diagnostic solutions for chronic conditions. The company develops comprehensive remote health monitoring solutions for the medical and consumer markets. To learn more, visit www.biotricity.com and follow us on Twitter and LinkedIn.
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Investor Relations Contacts
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RedChip Companies, Inc.
1-407-644-4256
BTCY@redchip.com
SOURCE: Biotricity, Inc.
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