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Better Healthcare Stock for the Next 10 Years: Butterfly Network vs Shockwave Medical

Butterfly Network (NYSE:BFLY) are medical technology companies on the bleeding edge, improving the way healthcare is provided every day. While both are guiding for over 55% revenue growth year over year, Shockwave is down 2% since the start of 2021, while Butterfly is down nearly 24%. Shockwave utilizes you guessed it shockwaves to break up calcium deposits inside blood vessels throughout the body with its device and catheters. This procedure, dubbed intravascular lithotripsy, enables the size of blood vessels to be expanded beyond current treatments which, in theory, enables better outcomes. The company s catchphrase is, We crack calcium. Butterfly makes a handheld ultrasound machine that plugs into your smartphone, and costs a fraction of the price of regular ultrasound machines. The company enjoys a following among their users that is strikingly similar to fans of

Diabetes DTx startup Better Therapeutics heads to public markets in SPAC deal

Photo by Martin Barraud/Getty Images Better Therapeutics, a nutritional cognitive behavioral therapy digital therapeutics company, announced plans today to go public by merging with special purpose acquisition company Mountain Crest Acquisition Corp II. The deal is expected to close this summer, subject to stockholder approval, and will raise $113 million for the combined company. It includes a $50 million private investment in public equity (PIPE) from investors at Farallon Capital Management, RS Investments, Sectoral Asset Management, Monashee Investment Management and other undisclosed investors, as well as $6 million from a separate private placement. Once completed, Better Therapeutics will be valued at approximately $187 million, and the combined company will trade under the symbol BTTX.

SPAC Attack: CT tech firms going public, raising billions through popular alternative IPO method

SPAC Attack: CT tech firms going public, raising billions through popular alternative IPO method
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This Medical Equipment Company s Recent Earnings Gave Investors Butterflies

Backed by the Bill & Melinda Gates Foundation, Butterfly Network (NYSE:BFLY) produces a sleek portable ultrasound probe that can plug into a smartphone and enable the user to acquire images anywhere from the doctor s office, to the ICU, to rural Uganda. The company released its first earnings report as a public company last week, and the market shrugged, sending the stock down over 5%. Image source: Getty Images Growth mode The company, which first started selling its product in late 2017, reported a full-year revenue increase of 68% year over year for FY 2020 ending Dec. 31, 2020. Additionally, the company s second-generation product, the iQ+, which launched in October 2020, is smaller and less expensive to produce. It has a longer battery life, and improved interoperability versus the first-generation Butterfly iQ handheld ultrasound probe.

Healthcare Artificial Intelligence Market Next Big Thing | Major Giants- AiCure, Atomwise, Welltok

Healthcare Artificial Intelligence Market Next Big Thing | Major Giants- AiCure, Atomwise, Welltok
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