NEW YORK, Oct. 20, 2016 (GLOBE NEWSWIRE) -- 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.”
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