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Ultrasound Sensor Specialist Novosound Inks Deal With Nasdaq-listed PAVmed Inc. to Advance Intravascular Imaging Technology

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Wednesday, December 21, 2022

Ultrasound sensor specialist Novosound has signed a commercial partnership agreement with PAVmed Inc. , the Nasdaq-listed diversified medical technology company, to develop technology aimed at advancing intravascular imaging.

Key Points: 
  • Ultrasound sensor specialist Novosound has signed a commercial partnership agreement with PAVmed Inc. , the Nasdaq-listed diversified medical technology company, to develop technology aimed at advancing intravascular imaging.
  • The PAVmed agreement furthers Novosound’s move into healthcare, and its regional expansion into North America.
  • The company has announced a series of international contract wins over the last twelve months, including with aerospace groups BAE Systems and GE Aviation, and Israeli-based digital health company dSound.
  • Novosound will be exhibiting its wireless wearable ultrasound platform at CES 2023 in Las Vegas between 5-8 January.