other material
confidence high
sentiment neutral
materiality 0.60
HeartSciences targets FDA De Novo resubmission around fiscal year end; cash $3.1M
HeartSciences Inc.
- Patient enrollment for MyoVista pivotal study near completion; resubmission target around April 2023 fiscal year-end.
- Cash and cash equivalents $3.1M as of Oct 31, 2022; sufficient through FDA resubmission.
- No meaningful revenue in Q2 fiscal 2023 as development-stage company.
- Entered multi-year collaboration with Rutgers University for AI algorithm development.
- AMA issued new Category III CPT codes covering AI assistive ECG risk assessments for cardiac dysfunction.