Welcome to our dedicated page for Movano news (Ticker: MOVE), a resource for investors and traders seeking the latest updates and insights on Movano stock.
Movano Inc. (Nasdaq: MOVE), operating as Movano Health, is a health-focused technology company dedicated to revolutionizing the way we manage and monitor our health metrics. Founded in 2018 and headquartered in Pleasanton, California, Movano is committed to developing healthcare solutions that bring medical-grade, high-quality data to consumer health devices. The company’s flagship product, the Evie Ring, is a wearable designed specifically for women to track a comprehensive array of health metrics including resting heart rate, heart rate variability (HRV), blood oxygen saturation (SpO2), respiration rate, and skin temperature variability. It also monitors period and ovulation tracking, menstrual symptom tracking, steps, active minutes, calories burned, sleep stages and duration, and mood tracking.
Movano Health has made significant strides in advancing its Evie Ring technology, as evidenced by a recent hypoxia trial conducted in collaboration with the University of California, San Francisco (UCSF). The study confirmed that the accuracy of Evie’s pulse oximeter exceeds FDA guidelines. This milestone underscores the company’s objective to achieve FDA clearance for the Evie Med Ring, a medical-grade version of the wearable. The Evie Med Ring aims to provide a seamless blend of accessibility, personalization, and medical reliability, significantly differentiating itself from existing wellness solutions.
In addition to its technological advancements, Movano Health recently secured a strategic investment from a tier-one multi-billion dollar medical device company. This partnership, along with a $24 million capital raise, ensures financial stability and accelerates the commercialization of Movano’s proprietary technologies. The company has also entered into agreements to explore future collaborations for the development and commercialization of their healthcare solutions.
Movano Health’s commitment to innovation extends to strategic collaborations with prestigious institutions like MIT. The company’s Evie Ring is being utilized in the MAESTRO study to understand long COVID and chronic Lyme disease, providing continuous, reliable data that could reshape approaches to these debilitating conditions.
For more information on Movano Health and their latest updates, visit here.
FAQ
What is the current stock price of Movano (MOVE)?
The current stock price of Movano (MOVE) is $5.34 as of February 7, 2025.
What is the market cap of Movano (MOVE)?
The market cap of Movano (MOVE) is approximately 35.4M.
What does Movano Inc. do?
Movano Inc., operating as Movano Health, is a health-focused technology company developing medical-grade wearables like the Evie Ring to provide comprehensive health data.
What is the Evie Ring?
The Evie Ring is a wearable device designed for women to track a wide range of health metrics, from heart rate and SpO2 to menstrual cycle and sleep patterns.
Has Movano Health conducted any clinical trials?
Yes, Movano Health recently completed a hypoxia trial with UCSF, confirming that the Evie Ring’s pulse oximeter accuracy exceeds FDA guidelines.
What recent investments has Movano Health secured?
Movano Health secured a strategic investment from a tier-one medical device company and raised $24 million through a private placement.
What is the Evie Med Ring?
The Evie Med Ring is an FDA-pending medical-grade version of the Evie Ring, designed to offer both consumer and medical device functionalities.
How does Movano’s technology benefit the healthcare sector?
Movano’s wearable devices provide medical-grade data that can be used to proactively monitor and manage health outcomes, aiding both consumers and healthcare professionals.
What partnerships has Movano Health formed?
Movano Health has partnered with UCSF for clinical trials and MIT for the MAESTRO study to explore the impacts of long COVID and chronic Lyme disease.
What are the main features of the Evie Ring?
The Evie Ring features include tracking of heart rate, HRV, SpO2, respiration rate, skin temperature variability, menstrual cycle, activity levels, sleep stages, and mood.
When was Movano Inc. founded?
Movano Inc. was founded in 2018.
Where can I find more information about Movano Health?
More information about Movano Health can be found on their website at https://movanohealth.com/
