Kestra Medical Technologies announced a strategic partnership with Biobeat Technologies, Ltd., in which Kestra will invest $5 million in Biobeat’s Series B financing and secure an exclusive license to integrate Biobeat’s FDA‑cleared, cuffless, patch‑worn blood‑pressure monitoring system into its ASSURE Wearable Cardioverter Defibrillator (WCD) platform.
Biobeat’s system delivers continuous, non‑invasive blood‑pressure data over 24 hours, a capability that is currently unavailable in the wearable defibrillator market. By embedding this technology, Kestra’s ASSURE WCD will provide clinicians with real‑time hypertension metrics during cardiac recovery, enabling more precise medication titration and potentially reducing readmissions for high‑risk patients.
The partnership addresses a clear clinical gap identified in Kestra’s ACE‑PAS study, which found that 72% of patients on the WCD were hypertensive. The ability to monitor blood pressure continuously aligns with Kestra’s patient‑centric strategy and strengthens its value proposition against competitors such as ZOLL’s LifeVest, which lacks integrated BP monitoring. The $5 million investment also signals Kestra’s confidence in Biobeat’s technology and its potential to drive future revenue growth through a differentiated product offering.
Kestra’s Q2 fiscal 2026 results showed revenue of $22.6 million, up 53% year‑over‑year, and gross margins of 51%, a 490‑basis‑point sequential gain. However, the company posted an earnings‑per‑share loss of $0.64 versus the consensus estimate of $0.57, a miss driven by higher-than‑expected operating expenses related to product development and marketing. The partnership is positioned to offset these costs by expanding the platform’s appeal and creating new revenue streams, potentially improving profitability in the next reporting period.
CEO Brian Webster emphasized that the collaboration “expands the clinical insights available to care teams and reinforces ASSURE as a flexible, patient‑centric platform.” He added that the integration will enhance patient compliance and support physicians in optimizing guideline‑directed therapy for high‑risk cardiac patients. The move is expected to strengthen Kestra’s competitive stance and provide a foundation for future product enhancements, aligning with the company’s long‑term growth strategy.
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