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CardiaCare to partner with Dr. Reddy’s Laboratories in India

By Danielle Kirsh | December 22, 2022

CardiaCareCardiaCare recently announced it signed a strategic licensing agreement with Dr. Reddy’s Laboratories to further develop CardiaCare’s wearable atrial fibrillation treatment device.

Through the agreement, Dr. Reddy’s Laboratories will lead necessary clinical studies for CardiaCare to receive regulatory clearance in India.

CardiaCare is developing a non-invasive, personalized neuromodulation wearable for atrial fibrillation treatment. It will receive undisclosed upfront and royalty payments, while Dr. Reddy’s will manage commercialization and distribution in India.

The agreement will make India the first market to offer a home-care digital therapeutic for AFib patients, according to the news release posted Dec. 15. Headquartered in Hyderabad, Dr. Reddy’s had $2.8 billion in revenue in its most recent fiscal year. It’s one of a number of major pharmaceutical companies based out of India.

Get the full story on our sister site, MassDevice.


Filed Under: Cardiovascular
Tagged With: CardiaCare, Dr. Reddy's Laboratories
 

About The Author

Danielle Kirsh

Danielle Kirsh is an award-winning journalist and senior editor for Medical Design & Outsourcing, MassDevice, and Medical Tubing + Extrusion, and the founder of Women in Medtech and lead editor for Big 100. She received her bachelor's degree in broadcast journalism and mass communication from Norfolk State University and is pursuing her master's in global strategic communications at the University of Florida. You can connect with her on Twitter and LinkedIn, or email her at dkirsh@wtwhmedia.com.

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