CB Scientific, Inc. (OTC: CBSC) is a Rising Entry into the Multi-Billion Dollar Non-Invasive Cardiac

2026-07-22 01:57:03 Business

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? Established Suppler of FDA and CE Cleared EKG Devices and Software.
? Expert Management Including CEO from a Top Industry Leader.
? Targeting Worldwide Market Share Growth Through Acquisitions.
? New Operations in Thailand Recently Commenced.

CB Scientific, Inc. (OTC: CBSC), through its US and international subsidiaries, provides innovative products and services in the ambulatory non-invasive cardiac monitoring field. The CBSC FDA and CE cleared EKG devices, interactive cloud-based acquisition software, and smartphone apps for both iOS and Android platforms, provide improved compliance for patients at risk of abnormal heart rhythms as well as more accurate information for physicians.

Grand View Research, views the worldwide ECG industry as ripe for very high returns. The US Centers for Disease Control and Prevention (CDC) projects revenues to exceed $6.9 billion by 2021. The market in the US for the Ambulatory Remote Patient Monitoring space which market size was $786.4 million in 2019, is expected to growth to $2.14 Billion by 2027 (CAGR of 14.1%) according to a report by Reports and Data dated June 18, 2020. This significant growth can be attributed to an increase in the geriatric population and the rise in prevalence of patients suffering from different lifestyle diseases such as diabetes, cardiovascular and heart disease, and obesity. CBSC is positioned to capture new market share from the current industry leaders in this field which include Biotelemetry (NASDAQ: BEAT) and IRHYTHM Technologies, Inc. (NASDAQ: IRTC).

Biotelemetry is currently trading at $72 with a market cap of $2.47B. CEO Charles Martin of CBSC was the Senior Director of Sales for Biotelemetry from 2014-2018. IRHYTHM is trading at $242 with a market cap of $6.99B and has gains of 300%+ in the last 52 weeks illustrating the powerful growth and interest in ECG recording devices today.

In 2019 there were 1,055,000 coronary events and in 2017 over 800,000 US deaths. There is a huge market for addressing this situation with an aging population subject to chronic diseases. Other factors favoring this market sector include the rise of digital health and telemedicine as well as growing pressure on healthcare to lower cost without sacrificing quality.

? Launch of My-Cardia ECG Products and Services in Thailand

On October 8th CBSC announced the targeted start of cardiac lab services operations in the country of Thailand through the company?s exclusive authorized distributor, Mango Wellness Co., Ltd. (MWC) and My Cardia Thailand Co., Ltd. (MCT), beginning Oct. 29, 2020.

Under terms of the distribution agreement, Mango Wellness Co., Ltd. and My Cardia Thailand Co., Ltd. will be the exclusive distributor for the CBSC proprietary FDA and CE-cleared EKG my-Cam Cardiac Event Monitor, the interactive cloud-based My-Cardia acquisition software, and the associated smartphone apps for both iOS and Android platforms in Thailand. The My-Cardia product line is designed specifically for the Remote Cardiac Ambulatory ECG market to help in the detection of abnormal heart rhythms while providing improved compliance for the patient, as well as more timely, convenient and accurate information for the physician.

For more information on CB Scientific, Inc. (OTC: CBSC) visit: http://www.cbscientificinc.com