
Alphabet’s research organization Verily is teaming up with iRhythm, a wearable heart monitor company, to create a device that can detect atrial fibrillation (AFib). This common heart arrhythmia is associated with strokes and other health concerns and affects over 5 million Americans. Through this collaboration, these two companies are aiming to provide consumers with a convenient and accurate wearable device that can help detect AFib.
This deal will couple Verily’s data analytics with iRhythm’s AI-based arrhythmia detection platform and requires iRhythm to make an upfront payment of $5 million to Verily and potential milestone payments of up to $13 million. The two are not the first who are integrating AFib detection into wearable devices, with the newest Apple Watch receiving FDA clearance for its electrocardiogram capabilities. This device can monitor for cardiac irregularities both actively and passively.
Kevin King, CEO at iRhythm, explained that his company’s device is designed “to help diagnose, manage, and eventually treat patients.” Speaking on what’s planned for the device, he told CNBC that “there are certainly under consideration wearable devices, and there might be apps.”