Cardiac Biotech Solutions, Inc. (OTCID: CBSC) is a medical device company focused on non-invasive ambulatory cardiac monitoring, supported by cloud-based software and mobile applications.

The Company’s flagship product, MyCardia AT, is designed to assist physicians in the detection and evaluation of cardiac arrhythmias during extended monitoring periods.

Key Regulatory & Commercial Milestones

  • United States: The Company has received clearance from the U.S. Food and Drug Administration for its MyCardia AT cardiac event monitoring device, enabling commercial distribution in the U.S.
  • Canada: The Company has received a Medical Device License (MDL) from Health Canada for MyCardia AT (marketed in Canada as CardioHolter AT), permitting import and commercialization.
  • Commercialization: The Company has announced initial distributor purchase orders and commercial agreements in Canada and international markets.
  • International Expansion: The Company is advancing regulatory and distribution initiatives in additional international markets, including China, in collaboration with manufacturing and distribution partners.

Information presented above is based on publicly disclosed Company announcements. Investors are encouraged to review all press releases and filings in their entirety.

Regulatory & Commercial Timeline

This timeline summarizes key regulatory, product, and commercialization milestones disclosed by Cardiac Biotech Solutions, Inc. Investors are encouraged to review the linked press releases for full details.

Product & Regulatory Milestones

U.S. FDA Clearance – MyCardia AT
The Company announced that its MyCardia AT ambulatory cardiac event monitoring device received clearance from the U.S. Food and Drug Administration, enabling commercial distribution in the United States.

Health Canada Medical Device License (MDL) Issued
Health Canada issued a Medical Device License (MDL) for MyCardia AT, marketed in Canada as CardioHolter AT, permitting importation and commercialization in Canada.

Commercialization & Orders

Initial Canadian Commercial Launch & Distributor Engagement
The Company announced Canadian commercialization activities through its licensed distributor following receipt of the Health Canada MDL.

Initial International Purchase Order – Central America
The Company announced an initial purchase order for 2,500 MyCardia AT devices from its Central America partner, Noventis Medical, with an associated commercial rollout.

Recurring Revenue Program Announced
The Company disclosed the launch of a recurring revenue model, including device rental and monitoring services integrated with its cloud-based platform and mobile applications.

International Expansion

China Regulatory & Market Preparation
The Company disclosed that it resumed and continues regulatory and commercialization preparations in China in collaboration with manufacturing and distribution partners. Regulatory review is subject to the National Medical Products Administration (NMPA) and applicable local requirements.

Ongoing & Future Updates
The Company expects to provide updates as additional regulatory, manufacturing, shipment, or commercial milestones occur. Timing and outcomes are subject to regulatory review, partner execution, and operational factors.

Important Notice
This timeline is for informational purposes only and is based on publicly disclosed Company announcements. It does not constitute investment advice or an offer to buy or sell securities.

Investor Frequently Asked Questions

What does Cardiac Biotech Solutions, Inc. do?

Cardiac Biotech Solutions, Inc. develops and commercializes non-invasive ambulatory cardiac monitoring devices, supported by cloud-based software and mobile applications. The Company’s technology is designed to assist physicians in the detection and evaluation of cardiac arrhythmias during extended monitoring periods.

What is MyCardia AT?

MyCardia AT is the Company’s ambulatory cardiac event monitoring device designed for extended patient use. The system integrates a lightweight wearable monitor with cloud connectivity and mobile applications that support data transmission and physician review.

What is the Company’s regulatory status in the United States?

The Company has disclosed that MyCardia AT has received clearance from the U.S. Food and Drug Administration, enabling commercial distribution of the device in the United States, subject to applicable regulatory and compliance requirements.
Investors should refer to the Company’s press releases for details regarding the scope of clearance.

What approvals does the Company have in Canada?

The Company has disclosed that Health Canada issued a Medical Device License (MDL) for MyCardia AT, marketed in Canada as CardioHolter AT. The MDL permits importation and commercialization of the device in Canada in accordance with Canadian regulatory requirements.

Is the Company currently generating revenue?

The Company has announced distributor agreements and initial purchase orders in Canada and international markets. Revenue recognition depends on production, shipment, deployment, and usage of devices under commercial arrangements, as disclosed in Company press releases.

The Company does not provide forward-looking revenue projections.

How does the Company’s commercial model work?

The Company has disclosed a commercialization approach that may include device sales or placements through distributor partners and recurring revenue programs, including monthly rental and monitoring arrangements that incorporate device usage, cloud software, and mobile applications.

Commercial terms vary by jurisdiction and partner and are disclosed as appropriate through Company announcements.

What is the status of international expansion, including China?

The Company has disclosed that it is advancing regulatory and distribution initiatives in international markets, including China, in collaboration with manufacturing and distribution partners.

Regulatory progress in China is subject to review by the National Medical Products Administration (NMPA) and applicable local requirements. No assurances can be made regarding timing or outcome.

Has the Company disclosed any strategic or acquisition interest?

The Company has disclosed that it may evaluate strategic opportunities as part of its ongoing business development activities. As of the most recent public disclosures, no binding agreements relating to mergers, acquisitions, or corporate transactions have been announced unless specifically stated in Company press releases.

How does the Company communicate updates to investors?

The Company communicates material developments through official press releases and updates posted on its website. Investors are encouraged to review all Company announcements in their entirety.

Where can investors find official Company information?

Official Company information is available on the Company’s website under the Investors section, including press releases, regulatory updates, and contact information.

For investor inquiries:
📧 investor@cardiacbiotech.com

Important Notice
This FAQ is provided for informational purposes only and is based on publicly disclosed Company information. It does not constitute investment advice or an offer to buy or sell securities. Investors should rely on official Company disclosures and filings when making investment decisions.

Have questions for our Investor Relations team? We are available.

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