Source: HME News

Signifier: Signifier gets large order

BOSTON - Signifier Medical Technologies has received a "milestone" order of 10,000 units of its eXciteOSA device, placed by Spectrum Sleep Solutions. This significant order comes on the back of South Carolina's Human and Health Services Medicaid coverage for eXciteOSA, signaling a major step toward expanded accessibility and treatment for sleep apnea sufferers. The device uses neuromuscular electrical stimulation to move the upper airway muscles, working the intrinsic and extrinsic tongue muscles to improve endurance and prevent airway collapse during sleep."I am delighted discussions between Signifier and Spectrum Sleep Solutions have culminated in Signifier having achieved its largest ever commercial order, made ever more pertinent that it comes on the heels of a period of profound business consolidation, deepening our associations with technology to drive efficiencies whilst deploying capital in expanding our supply chain," said Mujtaba Chohan, head of finance and executive director of Signifier. "We are building a leading team, led by Yasser Zayni, Signifier's eXciteOSA expert in conjunction with Spectrum Sleep Solutions and their established strategies in developing clinical channels. The decision by Spectrum Sleep Solutions to embrace eXciteOSA underscores its efficacy and its ability to revolutionize sleep apnea treatment." Signifier's eXciteOSA device recently received Medicaid coverage in South Carolina.

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Est. Annual Revenue
$100K-5.0M
Est. Employees
1-25
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Co-Founder & CEO

Akhil Tripathi

CEO Approval Rating

90/100

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