Speculative medical device companies are making waves (WHSI, HRAL, INND, RCSF, GMVD)

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The pandemic has had an unprecedented effect on several industries, perhaps none more significant than its effect on health. While many companies initially benefited from the growing importance of biotech and pharmaceutical solutions, medical device and equipment companies have been crippled by supply chain disruptions and a dramatic decrease in elective procedures.

Today, medical device inventories are skyrocketing due to several factors, including an increase in elective procedures, growing demand for AI-based products, and improved supply chain.

The industry includes companies that provide advanced medical products and technologies for diagnosis, observation, consultation, treatment, and other health services. The following medical equipment companies should be researched immediately.

SPECULATIVE MEDICAL DEVICE STOCKS MAKE WAVES WITH MASSIVE NEWS

Wearable Health Solutions (OTCMTKS: WHSI) has been a leader among OTC companies in the industry this year. Investors have been bidding the company for most of 2022 based on several major catalysts and last week one came closer to fruition. WHSI announced “The company has received inventory and will launch its new 4G products to its reseller and supplier networks in August 2022,” said Pierre Pizzino, President. “Product offerings include the 4G device and planned accessories. We are excited to provide the new 4G units to our resellers and vendors who have been eagerly awaiting shipment. The pent-up demand for our 4G solution is exceptional, we are committed to respond to existing orders immediately and will immediately schedule inventory replenishment.”

The upgraded iHelp MAX(TM) 4G includes Wi-Fi, NFC (wireless data transfer), and Bluetooth 4.0 Low Energy capabilities. It also offers “telehealth-ready” benefits such as remote monitoring and transmission of vital user data to emergency personnel and caregivers.

Investors appreciated the news and pushed the price up 9.18% last week, this momentum could continue as the announcement should earn WHSI confidence with shareholders in the company’s ability to achieve the next steps. expected, including listing, a major marketing push on by Kathy Ireland trade show and an expected increase in revenue from the new launch.

Another booming speculative medical device company, Listen to AtLast Holdings(OTCMKTS:HRAL) rose 22.73% last week, the company released interim financial statements for the quarter ending June 30, 2022. While most of the report was quite negative, including 0 sales after seeing moderate success during the same period last year, the company saw a $242,000 increase in cash. HearAtlast operates as a hearing aid and services company and is in the process of restructuring and adding to its business model.

Last week, the FDA issued a final rule to improve access to hearing aids, which in turn could reduce costs for millions of Americans. This action “establishes a new category of over-the-counter (OTC) hearing aids, allowing consumers with mild to moderate hearing loss to purchase hearing aids directly from stores or online retailers without the need for medical examination, prescription or fitting by an audiologist.”

Another company benefiting from this rule, InnerScope Hearing Technologies Inc. (OTCMKTS: INND) a manufacturer and direct-to-consumer (DTC) distributor of hearing aids, hearing aids, hearing health related products and personal sound amplification products (PSAPs) registered with the FDA. The recent acquisition of iHear by InnerScope Medical Inc.a DTC cloud-based hearing solutions provider.

Cloud-based technology is becoming a big trend, in fact, Wearable Health Solutions’ (OTCMKTS: WHSI) The 4G device, slated for release this month, is also a cloud-based technology. Start your search on WHSI here:

https://topnewsguide.com/wearable-health-solutions-inc-whsi-profile/

OTHER MEDICAL DEVICES NEWS

Reflecting Scientific, Inc. (OTCMKTS: RSCF), announced that he will be represented by public relations firm Power PR. scientific thinking has created an intellectual property portfolio of over 30 patents relating to the use of liquid nitrogen, the primary refrigerant used in all of its Cryometrix products. President of PowerPR, Jeff Elliot said, “As a marketing company, we are always looking to promote innovative new technologies that will impact many markets. In the case of Reflect Scientific’s fully contained liquid nitrogen technology, freezing is carried out much more safely and efficiently than conventional methods, with the advantage of being significantly more environmentally friendly”,

To finish, G Medical Innovations Holdings Ltd. (NASDAQ: GMVD) announced that its wholly owned subsidiary, G. Medical Health and Wellness, Inc., has developed seven different at-home tests that are expected to be available to consumers in Q3 2022 through popular big-box retail sites, pharmacies and online. The first 7 new health test kits covering food sensitivity (96 and 208 food types), indoor/outdoor allergies, thyroid functioning, testosterone levels, HbA1C and HPV testing will be available at purchase by consumers during the third quarter of 2022 online as well as at popular retail stores and pharmacies

CONCLUSION

Medical device companies are booming and investors should start researching immediately, WHSI, INND, HRAL, RSCF and GMVD are some of the most liquid high potential options, especially for speculators. Start your search here: https://topnewsguide.com/wearable-health-solutions-inc-whsi-profile/

Disclaimer: The Private Securities Litigation Reform Act of 1995 provides investors with a safe harbor regarding forward-looking statements. Any statements that express or imply discussions regarding predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be forward-looking statements. Forward-looking statements are based on expectations, estimates and projections at the time the statements are made, which involve a number of risks and uncertainties that could cause actual results or events to differ materially from those currently anticipated. . Forward-looking statements in this action can be identified by the use of words such as plans, plans, expects, wills, anticipates, estimates, believes, understands, or that by statements indicating certain actions and quotes; can, could or could happen. Understand that there is no guarantee that past performance will be indicative of future results. Investing in microcap and growth stocks is highly speculative and carries an extremely high degree of risk. It is possible that an investor’s investment may be lost or depreciated due to the speculative nature of the companies featured. CapitalGainsReport ‘CGR’ is responsible for the production and distribution of this content. CGR is not operated by a licensed dealer, dealer or registered investment adviser. It should be expressly understood that in no way does the information published here represent a recommendation to buy or sell a security. Authors, contributors or its CGR agents may be compensated for the preparation of research, video graphics and editorial content. CGR is compensated three thousand dollars monthly by bank transfer by Wearable Health Solutions to produce and syndicate WHSI-related content. In connection with this content, readers, subscribers and website visitors should read the full disclaimers and financial statement found on our website.

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