regulatory
confidence high
sentiment positive
materiality 0.80
Owlet receives FDA de novo clearance for Dream Sock as first OTC infant pulse oximeter
Owlet, Inc.
- FDA-cleared Dream Sock monitors pulse rate and oxygen saturation for healthy infants 1-18 months, 6-30 lbs.
- Device provides Health Notifications with lights and alarms when readings fall outside preset ranges.
- Medical-grade features to roll out to existing and new Dream Sock users by end of 2023 (U.S. only).
- Follows prior FDA clearance of prescription BabySat system; Dream Sock now available without prescription.
- CEO calls it a 'significant breakthrough' in at-home infant care and commitment to innovation.