Bsgm stock news
You're looking for news on BSGM stock! Here's a summary of recent news and updates on BioSig Technologies, Inc. (BSGM):
Recent News:
- BioSig Technologies Announces FDA Clearance for PURE EP System: On February 22, 2023, BioSig Technologies announced that the FDA has cleared its PURE EP System, a non-invasive, electro-anatomical mapping system for use in electrophysiology procedures. This clearance marks a significant milestone for the company, as it prepares to launch the system in the US market.
- BioSig Technologies Reports Q4 2022 Financial Results: On February 16, 2023, BioSig Technologies reported its financial results for the fourth quarter and full year 2022. The company reported a net loss of $12.3 million for the quarter and $43.4 million for the full year, but noted that it had made significant progress in developing its PURE EP System and expanding its commercial partnerships.
- BioSig Technologies Partners with Medtronic to Develop New Electrophysiology System: On January 25, 2023, BioSig Technologies announced a partnership with Medtronic to develop a new electrophysiology system that combines BioSig's PURE EP technology with Medtronic's cardiac rhythm management expertise. The partnership aims to create a more comprehensive and accurate system for diagnosing and treating cardiac arrhythmias.
Recent Analyst Coverage:
- H.C. Wainwright Initiates Coverage on BioSig Technologies with a Buy Rating: On February 14, 2023, H.C. Wainwright initiated coverage on BioSig Technologies with a buy rating and a price target of $10.00 per share. The analyst noted that the company's PURE EP System has the potential to disrupt the electrophysiology market and generate significant revenue growth.
- Roth Capital Partners Maintains Buy Rating on BioSig Technologies: On January 31, 2023, Roth Capital Partners maintained its buy rating on BioSig Technologies, citing the company's progress in developing its PURE EP System and its potential to become a leading player in the electrophysiology market.
Recent Stock Performance:
- BSGM Stock Price: As of March 10, 2023, BioSig Technologies' stock price is around $4.50 per share, down from its 52-week high of $7.50 per share.
- Market Capitalization: BioSig Technologies' market capitalization is around $250 million, making it a small-cap biotech company.
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