Evie Ring's Pulse Oximeter Exceeds FDA Accuracy Guidelines in Movano Health's Second Hypoxia Trial [Yahoo! Finance]
Movano Inc. (MOVE)
Company Research
Source: Yahoo! Finance
with the University of California, San Francisco (UCSF) yielding new blood oxygen saturation (SpO2) data, confirming the accuracy of its Evie Ring pulse oximeter exceeds the U.S. Food and Drug Administration (FDA) guidelines. The Evie Ring entered commercial production in late 2023 as a consumer wellness device. This latest UCSF study, completed in the first quarter of 2024, used the production model ring, which reflected several design improvements from the pre-commercial model used in the earlier study and will be submitted to FDA and sold under the brand name Evie Med. During the second trial, each subject wore four Evie Rings . When testing arterial blood gas levels, the four Evie Rings achieved a root mean square error (RMSE) average of 2.46%, which was once again well below the FDA guidance of 3.5% for SpO2. Additionally, the Evie Ring's accuracy exceeded that of the two commercially available, hospital-grade reference pulse oximeters in the study. Movano Health believes one
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- Movano Health Closes $24 Million Private PlacementPR Newswire
- Movano Health Reports 2023 Financial Results and Provides Business Update [Yahoo! Finance]Yahoo! Finance
- Movano Health Reports 2023 Financial Results and Provides Business UpdatePR Newswire
- BestGrowthStocks.Com Issues Comprehensive Evaluation of Movano Inc. [Yahoo! Finance]Yahoo! Finance
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- 4/29/24 - Form 10-K/A
- 4/23/24 - Form S-3
- 4/17/24 - Form D
- MOVE's page on the SEC website