Can CardieX match Omron?, page-65

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scooter83

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14/02/19

11:44

Post #: 37434960
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Originally posted by cadence1: ↑

Scooter83, of the 10 OEMs in your list, I think the most likely prospects are Philips and GE Healthcare.

$GE/General Electric has a market cap of $90.2b. $PHG/Philips has a market cap of $36b.

GE is pondering an option to spin-off GE Healthcare into a separate listed company later this year.

Both GE and Philips have interests in the heart health-related sleep disorder market.

And they both happen to be partners of CardieX's North Carolina-based partner, SunTech Medical.

SunTech posts this about GE: "GE’s cardiology portfolio stretches across a suite of solutions that reflect a commitment to fighting cardiovascular disease. GE Healthcare has brought continued innovation to diagnostic cardiology solutions over the years. "

SunTech posts this about Philips: "Philips has market leadership positions in medical diagnostic imaging and patient monitoring.

"Their HeartStart MRx Monitor/ Defibrillator unites Philips industry-leading monitoring technologies with superior diagnostic measurements, one of them SunTech’s Advantage Transport Motion Tolerant Technology."

But there's another SunTech partner that may do business with CardieX - $HON/Honeywell/HomMed, market cap $110b.

SunTech's take: "As a leader in telehealth and remote patient monitoring, HomMed is dedicated to improving the quality of patients’ lives and reducing the cost of healthcare by providing the industry’s most advanced and integrated solutions at home and beyond. SunTech’s Advantage Mini helps them in pursuit of these goals."

CardieX CEO Craig Cooper recently hooked up with SunTech's well-connected CEO, Rob Sweitzer, for a "product and strategy meeting".

It would seem logical for them to discuss implications of CardieX/InHealth Medical Services’s upcoming sleep disorder telehealth deal with a GEMDC/Global Electronics and Electronic Device Company.

Cooper says GEMDC is “a multi-ten-billion USD market cap “household brand” company with a wide range of product and service offerings across the health technology ecosystem.”

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Thanks @cadence1, good little bit of information tying the groups together. Hope to see the announcement come out soon.

CDX Price at posting: 5.8¢ Sentiment: Buy Disclosure: Held
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Can CardieX match Omron?, page-65

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