Echo IQ (ASX:EIQ) partnered with the Mayo Clinic Platform to advance the clinical validation study of its cloud-based heart failure decision support platform, EchoSolv HF, according to a Thursday filing with the Australian bourse.
The study, set to begin this quarter, will evaluate the model's ability to detect various forms of heart failure and is key towards securing FDA clearance for EchoSolv HF, anticipated in the second half of the year, the filing said.
Shares of the company rose 2% on market close.