HeartBeam Enters Into Strategic Alliance Agreement with Samsung; Will Identify And Define Opportunities For Collaboration, Tapping The HeartBeam Team's Expertise And Patented Technology In The Assessment And Monitoring Of Cardiac Symptoms
Portfolio Pulse from Happy Mohamed
HeartBeam, Inc. (NASDAQ:BEAT) has entered into a Strategic Alliance Agreement (SAA) with Samsung to collaborate on cardiac symptom assessment and monitoring technology. HeartBeam acquired the assets of LIVMOR earlier this year, which had an existing SAA with Samsung.
May 30, 2023 | 12:04 pm
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HeartBeam enters into a Strategic Alliance Agreement with Samsung to collaborate on cardiac symptom assessment and monitoring technology.
The partnership with Samsung will allow HeartBeam to leverage Samsung's expertise and resources to further develop and expand their cardiac monitoring technology. This collaboration could lead to new opportunities and increased market share for HeartBeam, positively impacting their stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Samsung enters into a Strategic Alliance Agreement with HeartBeam to collaborate on cardiac symptom assessment and monitoring technology.
The partnership with HeartBeam will allow Samsung to expand its presence in the healthcare technology sector and potentially increase its market share in the cardiac monitoring space. This collaboration could lead to new opportunities and increased revenue for Samsung, positively impacting their stock price in the short term.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100