IRTC IRhythm Technologies Inc.

Zio Granted High Medical Needs Designation by the Japanese Ministry of Health, Labour, and Welfare

Zio Granted High Medical Needs Designation by the Japanese Ministry of Health, Labour, and Welfare

Designation reflects recommendation by the Japanese Heart Rhythm Society (JHRS)

Shonin pre-market application submitted by iRhythm in July 2023

SAN FRANCISCO, Aug. 03, 2023 (GLOBE NEWSWIRE) -- (NASDAQ:IRTC), a leading digital health care company focused on creating trusted solutions that detect, predict, and prevent disease, announced today that its application for manufacturing and marketing approval for Zio Monitor System in Japan has been designated for high medical needs by the Japanese Ministry of Health, Labour, and Welfare (“MHLW”). The high medical needs designation in Japan is granted to innovative devices recognized as having high medical utility for significant diseases.

The Zio Monitor System was indicated for this designation at the recommendation of the Japanese Heart Rhythm Society based on the clinical improvement that Zio services provides compared to traditional Holter monitoring1 and the significant need that patients in Japan face to improve detection of potential cardiac arrhythmias. With this classification in hand, iRhythm submitted its Shonin pre-market application to the Japanese Pharmaceutical and Medical Device Agency (the “PMDA”) on July 31, 2023.

“We are delighted that the Ministry of Health, Labour, and Welfare has granted high medical need designation to the Zio Monitor System as we seek to drive better health outcomes and more equitable access for patients around the globe,” said Quentin Blackford, iRhythm President and Chief Executive Officer. “Working in close collaboration with the Japanese Heart Rhythm Society, our teams did an exceptional job to effectively convey Zio services’ improved clinical accuracy compared to existing traditional Holter monitoring standard of care1,2, the significant body of clinical study evidence regarding the Zio services, and our deep-learned AI algorithm3 as key differentiators. We look forward to continuing our collaboration with the Japanese Heart Rhythm Society and the Japanese Pharmaceutical and Medical Device Agency during their review of our regulatory dossier.”

Japan is the second largest ambulatory cardiac monitoring market in the world with an estimated 1.5 million tests prescribed annually – a number that is expected to continue to increase based on stroke and cardiovascular disease burden in an aging population4,5. However, detection of potential arrhythmias amongst Japanese patients predominantly utilizes the traditional Holter monitoring as standard of care with very limited adoption of patch-based technologies.

About iRhythm Technologies, Inc.

iRhythm is a leading digital health care company that creates trusted solutions that detect, predict, and prevent disease. Combining wearable biosensors and cloud-based data analytics with powerful proprietary algorithms, iRhythm distills data from millions of heartbeats into clinically actionable information. Through a relentless focus on patient care, iRhythm’s vision is to deliver better data, better insights, and better health for all. To learn more about iRhythm, including its portfolio of Zio products and services, please visit .

Investor Relations Contact:

Stephanie Zhadkevich

(919) 452-5430

iRhythm Media Contact:

Saige Smith

(262) 289-7065

  1. Barrett P. et al. Comparison of 24-hour Holter monitoring vs. 14-day novel adhesive patch electrocardiographic monitoring. American Heart Journal of Medicine, 2014.
  2. Turakhia, M. et al. Diagnostic Utility of a Novel Leadless Arrhythmia Monitoring Device, American Journal of Cardiology, 2013.
  3. Hannun, AY. et al. Cardiologist-level arrhythmia detection and classification in ambulatory electrocardiograms using a deep neural network. Nature Medicine, 2019.
  4. Matsuda S. Health Policy in Japan - Current Situation and Future Challenges. JMA Journal, 2019.
  5. Annual Pharmaceutical Production Statistics, Ministry of Health, Labour, and Welfare (“MHLW”).


EN
03/08/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on IRhythm Technologies Inc.

 PRESS RELEASE

iRhythm Technologies Announces Board Member Retirements and New Direct...

iRhythm Technologies Announces Board Member Retirements and New Director Appointments SAN FRANCISCO, July 07, 2025 (GLOBE NEWSWIRE) -- (NASDAQ:IRTC) , a leading digital health care company focused on creating trusted solutions that detect, predict, and prevent disease, today announced the retirement of two long-serving board members, Mark Rubash and Ralph Snyderman, M.D., effective July 7, 2025. Concurrently, Karen McGinnis and Kevin O’Boyle have accepted appointments to the board of directors. Mark Rubash has served on the board since 2016, prior to the company’s initial public offerin...

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vital Signs: Actionable charts

In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.

Irhythm Technologies Inc: 2 directors

Two Directors at Irhythm Technologies Inc sold 3,936 shares at 150.000USD. The significance rating of the trade was 55/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two year...

 PRESS RELEASE

New Data Presented at ADA 2025 Highlights Burden and Risk Associations...

New Data Presented at ADA 2025 Highlights Burden and Risk Associations of Cardiac Arrhythmias in Patients with Type 2 Diabetes and Chronic Kidney Disease Retrospective real-world analyses of patients with type 2 diabetes—some of whom also had chronic kidney disease—demonstrate cardiac arrhythmias present frequent and early, often preceding major cardiovascular events (MACE) SAN FRANCISCO, June 23, 2025 (GLOBE NEWSWIRE) -- (NASDAQ:IRTC) announced the results from two large-scale real-world studies presented at the American Diabetes Association’s 85th Scientific Sessions (ADA 2025). The ...

 PRESS RELEASE

iRhythm Technologies to Participate in Upcoming Investor Conferences

iRhythm Technologies to Participate in Upcoming Investor Conferences SAN FRANCISCO, May 21, 2025 (GLOBE NEWSWIRE) -- (NASDAQ:IRTC), a leading digital health care company focused on creating trusted solutions that detect, prevent, and predict disease, today announced that its management team is scheduled to present at the following investor conferences. William Blair 45th Annual Growth Stock Conference on Wednesday, June 4, 2025, at 2:00 p.m. Central Time (12:00 p.m. Pacific Time)Goldman Sachs 46th Annual Global Healthcare Conference on Tuesday, June 10, 2025, at 2:40 p.m. Eastern Time (...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch