市场见解

Cardiex (ASX:CDX) share price rises 6% on new patent

The Cardiex share price closed higher today as it was announced the company has recieved a new patent. We take a look at the details.
The post Cardiex (ASX:CDX) share price rises 6% on new patent appeared first on Motley Fool Australia. –

heart shaped balloons flying in the air representing Cardiex share price

The Cardiex Ltd (ASX: CDX) share price was rising today as the company announced it had received a new blood pressure patent. The Cardiex share price closed today’s trading 6.12% higher at 5.2 cents.

What Cardiex does

Cardiex is a global health technology company that focuses on hypertension, cardiovascular disease, and other vascular health disorders.

The company’s ATCOR division develops medical devices for measuring arterial stiffness and central blood pressure waveforms based on its unique FDA-cleared and patented technology.

Under the ATCOR.X brand, the company also develops and licenses its Arty platform consisting of physiological and health analytics for wearable devices. The company’s digital platform, ArtyNet, is a connected software-as-a-service (SaaS) ecosystem providing physicians with a complete telehealth solution for remotely managing patients’ health (2021 launch).

Cardiex gets blood pressure patent

It was announced this afternoon that Cardiex’s subsidiary, ATCOR, has been granted a new patent by the European Patent Office. The patent is in relation to the intellectual property (IP) for the Company’s proprietary SphygmoCor technology used in cuff-based blood pressure devices.

The patent protects the company’s IP in relation to the measurement of a whole central blood pressure waveform with cardiovascular features using a brachial cuff. It also covers non-invasively estimating the heart’s pressure with features related to cardiac function and arterial properties using a conventional blood pressure cuff inflated to low pressure.

CEO and Managing Director of Cardiex, Craig Cooper, commented:

We are very pleased to be granted this new patent to protect our IP in Europe. Of great significance is the findings of the examining officers from the EPO which were similar to the findings we received from examiners in the US in 2016 – that there are substantial differences in respect of any other existing patents – further demonstrating and validating the uniqueness of our technology.

What now for the Cardiex share price?

This represents a significant step forward for the company in protecting its IP in Europe. Its SphygmoCor technology has over 4500 installations worldwide. Furthermore, the technology is used by major pharmaceutical companies and research institutions such as GlaxoSmithKline plc (NYSE: GSK), AstraZeneca plc (NYSE: AZN) and Bayer AG (ETR: BAYN).

The Cardiex share price is currently trading 73.33% higher so far this year.

Where to invest $1,000 right now

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

Scott just revealed what he believes are the five best ASX stocks for investors to buy right now. These stocks are trading at dirt-cheap prices and Scott thinks they are great buys right now.

See The 5 Stocks

*Returns as of June 30th

More reading

Motley Fool contributor Daniel Ewing has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The post Cardiex (ASX:CDX) share price rises 6% on new patent appeared first on Motley Fool Australia.

随时随地,交易世界!

移动APP平台,拥有 12 个市场的 50,000 多种全球上市证券(全球市值超过 70%),直接在您的 Android 或 iOS 设备上即可操作。

与独有的交易理念和投资分析工具相结合,帮助您在我们 12 个全球市场中的几乎所有金融工具上找到可操作的见解,从而帮助您优化交易策略。

推荐给您的朋友

向您的朋友推荐Monex并赠予他们免费使用我们交易工具的机会

我们尊重您的隐私,只会向您的朋友发送一封邮件 

与您的朋友分享

Share on facebook
Share on twitter
Share on linkedin

Monex Trading Tools Access and Usage Terms

The Monex Trading Tools (referred to as ‘tools’ hereafter) are available to you inside your client portal;


To activate access to the tools, you must have a verified and approved trading account and have made a deposit of at least AUD $1000.


An active and funded account with a positive trading balance is required to continue to have access to the tools;


Although the tools are available to you indefinitely, Monex Securities may at it’s discretion disable access to the tools in the future;


Monex securities reserves the right to change these terms and conditions from time to time, as it sees fit, without notice.

Important Notice
iOS & Android App - 12 International Markets & Over 70% Global Market Cap. $0 Brokerage On US Trades. Click Here!