Israel Medica2010 Companies Catalogue - Israeli-South African ...
Israel Medica2010 Companies Catalogue - Israeli-South African ...
Israel Medica2010 Companies Catalogue - Israeli-South African ...
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BSP Biological Signal Processing Ltd.<br />
Back to TOC<br />
Company at a Glance<br />
www.bspmedical.com<br />
Founded in 2000, BSP Biological Signal Processing Ltd. is a medical device company with corporate offices<br />
in Tel Aviv, <strong>Israel</strong> and a US subsidiary – BSP, Inc. – with sales and marketing offices in Rockville Maryland, US.<br />
BSP is publicly traded on the Tel Aviv Stock Exchange since 2006 (TASE:BSP).<br />
BSP develops and commercializes a new generation of systems for non invasive diagnosis and monitoring of<br />
Ischemic Heart Disease (IHD), based on advanced signal processing of the ECG signal which integrates the<br />
Company’s unique, patented, HyperQ technology.<br />
Category, Subcategory & Therapeutic Area(s)<br />
Category:<br />
Subcategory:<br />
Therapeutic Area(s):<br />
Company Status:<br />
Medical Devices<br />
Diagnostics<br />
Cardiovascular<br />
Initial Revenues<br />
Technology & Product(s)<br />
BSP has pioneered the clinical implementation of high-frequency ECG and has developed it into a fast,<br />
accurate, low-cost, simple to operate and non-radiating technology for detecting IHD with greater clinical<br />
value than the current standard ECG. The company’s proprietary HyperQ technology extracts and analyses<br />
the high-frequency components of the ECG and provides a unique diagnostic index. Thousands of patients<br />
have been tested with the HyperQ system to date, demonstrating consistently that HyperQ is far superior to<br />
conventional ECG both in sensitivity and specificity, with the potential to save up to 50% of the unnecessary<br />
radioactive imaging procedures, while improving the standard of care. BSP’s intellectual property portfolio is<br />
backed by four granted patents and 14 filed applications in different stages.<br />
HyperQ EX-300 Stress System: The HyperQ EX-300 Stress system enables an accurate and risk-free<br />
procedure for the early diagnosis of Ischemic Heart Disease (IHD). HyperQ stress testing is performed in a<br />
similar manner to a standard clinical stress test, providing the conventional stress ECG results, and the<br />
HyperQ test results, with extraordinary clinical accuracy. The system is offered as a combination of software<br />
and hardware that connects to a treadmill or stationary bicycle and constitutes a full ergometry (stress ECG)<br />
station that is FDA (510k) cleared and CE certified.<br />
Goal<br />
Objectives: The company’s primary strategic objectives include establishing HyperQ as the first line modality<br />
for monitoring and diagnosis of Ischemic Heart Disease in cardiology clinics, ambulatory and hospital<br />
settings, and attaining reimbursement code and premium coverage over competitors for the HyperQ<br />
diagnostic modality in the US. Growth in market penetration and market share will be achieved through a<br />
combination of business partnerships with equipment and healthcare service providers, and by the<br />
establishment of a global marketing and sales presence.<br />
Target Businesses: Distributors specializing in cardiovascular diagnostic devices, leading<br />
manufacturers in the field of cardiovascular diagnostic devices for potential business partnerships, leading<br />
health service providers.<br />
Target Countries:<br />
Worldwide<br />
14