regulatory
confidence high
sentiment positive
materiality 0.65
FDA accepts Owlet's de novo submission for Health Notifications SaMD for heart rate and oxygen
Owlet, Inc.
- FDA accepted for substantive review Owlet's de novo classification request for over-the-counter SaMD 'Health Notifications'.
- Health Notifications would provide live heart rate and oxygen saturation displays and notifications via Dream Sock.
- This is Owlet's second FDA submission in 2022; first was a 510(k) for a prescription monitor in October.
- CEO Kurt Workman stated FDA authorization could uniquely position Owlet to help caregivers with live health data.
- De novo pathway is for low-to-moderate risk devices with no legally marketed predicate.