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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

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