GE HealthCare Receives FDA Clearance For Portrait Mobile, A Wireless Monitoring Solution Aiding Early Detection Of Patient Deterioration
Portfolio Pulse from Benzinga Newsdesk
GE HealthCare has received FDA clearance for its wireless monitoring solution, Portrait Mobile. The smartphone-sized device allows for continuous monitoring of vital signs, using wearable sensors with a wireless protocol. It introduces an innovative measurement technology to continuously capture respiration rate, a sensitive vital sign for early patient deterioration.
August 14, 2023 | 12:06 pm
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GE HealthCare, a division of General Electric, has received FDA clearance for its wireless monitoring solution, Portrait Mobile. This could potentially increase the company's market share in the healthcare technology sector.
FDA approval is a significant milestone for healthcare products. It not only validates the safety and effectiveness of the product, but also allows the company to market and sell the product in the US. This could potentially increase GE's market share in the healthcare technology sector, leading to increased revenues and a positive impact on the stock price.
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