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BioSig Technologies Announces Intent to Acquire the Assets of Neuro-Kinesis Corporation
BioSig Technologies (OTCQB: BSGM) has announced its intent to acquire the assets of Neuro-Kinesis (NKC), a private medical technology company developing smart EP tools. The acquisition will be paid through BioSig's common stock, with NKC providing $2.5-$6 million in unrestricted cash to BioSig at closing. The deal aims to expand BioSig's product portfolio beyond PURE EP™.
NKC's key technologies include the Huygens™ Catheter, which improves signal detection resolution, and the Proteus™ Robotic Arm, offering computer-assisted robotic guidance for EP procedures. These innovations address limitations in existing EP mapping technology, potentially improving the treatment of complex arrhythmias.
The acquisition is subject to due diligence and shareholder approval. NKC brings a strong management team, extensive IP portfolio, and AI capabilities to enhance EP mapping systems.
NKC's key technologies include the Huygens™ Catheter, which improves signal detection resolution, and the Proteus™ Robotic Arm, offering computer-assisted robotic guidance for EP procedures. These innovations address limitations in existing EP mapping technology, potentially improving the treatment of complex arrhythmias.
The acquisition is subject to due diligence and shareholder approval. NKC brings a strong management team, extensive IP portfolio, and AI capabilities to enhance EP mapping systems.
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