Nasdaq Welcomes iRhythm Technologies, Inc. to The Nasdaq Stock Market
October 20 2016 - 5:44PM
iRhythm Technologies, Inc. (Nasdaq:IRTC), a digital healthcare
company redefining the way cardiac arrhythmias are clinically
diagnosed, visited the Nasdaq MarketSite in Times Square today in
celebration of its initial public offering (IPO) on The Nasdaq
Stock Market. The company is based in San Francisco, CA.
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/21591a6c-4f3e-46d4-a89d-ea20d58ba66b
iRhythm combines its wearable biosensing technology with
cloud-based data analytics and machine-learning capabilities. The
company’s goal is to be the leading provider of first-line
ambulatory electrocardiogram monitoring for patients at risk for
arrhythmias. iRhythm’s unique platform, called the ZIO Service, may
allow physicians to diagnose many arrhythmias more quickly and
efficiently than traditional technologies and avoid multiple
indeterminate tests.
“As a digital health care company, we are very pleased to
partner with Nasdaq. iRhythm’s goal is to be the leading
provider of first-line ambulatory monitoring for patients at risk
for arrhythmias, so today’s listing is an exciting milestone as we
focus on improving cardiac care,” said Kevin King, President and
CEO, iRhythm Technologies. “We believe our Zio Service has the
potential to supplant traditional ambulatory cardiac monitoring
technology, become the primary first-line monitoring option for
patients who are candidates for ambulatory cardiac monitoring and
expand the market into new clinical use cases and indications.
“iRhythm is redefining the way cardiac arrhythmias are diagnosed
and aspires to be the leading first-line ambulatory cardiac
monitoring option for patients at risk for arrhythmias,” said
Nelson Griggs, Executive Vice President, Listing Services, Nasdaq.
“We congratulate iRhythm on this significant milestone and welcome
them to the home of the world’s premier healthcare and
biotechnology companies.”
The information contained above is provided for informational
and educational purposes only, and nothing contained herein should
be construed as investment advice, either on behalf of a particular
security, sector, or an overall investment strategy. Information
about the company is provided by the company or comes from the
company’s public filings and is not independently verified by
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Actual results may differ materially from those expressed or
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Investors should undertake their own due diligence and carefully
evaluate companies before investing. ADVICE FROM A SECURITIES
PROFESSIONAL IS STRONGLY ADVISED.
About NasdaqNasdaq (Nasdaq:NDAQ) is a leading
provider of trading, clearing, exchange technology, listing,
information and public company services across six continents.
Through its diverse portfolio of solutions, Nasdaq enables
customers to plan, optimize and execute their business vision with
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creator of the world's first electronic stock market, its
technology powers more than 70 marketplaces in 50 countries, and 1
in 10 of the world's securities transactions. Nasdaq is home to
more than 3,700 listed companies with a market value of
approximately $9.3 trillion and more than 18,000 corporate clients.
To learn more, visit: nasdaq.com/ambition or business.nasdaq.com
- NDAQG -
Media Relations Contacts:
Stephanie Lowenthal
(646) 441-5073
Stephanie.Lowenthal@nasdaq.com
Emily Pan
(646) 441-5120
emily.pan@nasdaq.com
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