VANCOUVER, BC, Jan. 11, 2022 /CNW/ - Principal Technologies Inc.
(the "Company") (TSXV: PTEC.P), which is focused on building
a diverse portfolio of investments in healthcare technology
companies, is pleased to announce a partnership with the Heart Team
Education Association ("HTEA"). Headquartered in Zurich, the HTEA serves as a global
multidisciplinary platform with an emphasis on promoting the best
patient care and outcomes.
The HTEA has a network of 18,000 healthcare stakeholders
including doctors, hospitals, medical technology companies, and key
opinion leaders. It is focused on providing an educational
platform, as well as a platform for industry and the medical
community to come together and learn.
"The HTEA is a place where medical professionals convene to
discuss the latest tools, education, and technology coming to
market in a neutral setting," said Eva
Butler, Executive Director of HTEA. "Principal Technologies
is a fantastic partner for us because its mission to identify
innovative and impactful healthcare technologies aligns perfectly
with our goal of being on the cutting edge of technology in the
industry to the benefit of the medical community and patient
care."
Principal Technologies will be joining the HTEA with a special
focus on analyzing the cardiovascular market and the development of
life saving novel therapies.
GlobalInvestmentDaily.com reported in 2021 that the healthcare
industry is valued at $11 trillion, with the global cardiovascular
devices market expected to make up an estimated $86 billion of that market by 2028, according to
a 2021 report from Fortune Business Insights. Cardiovascular
disease is the number one cause of death globally, according to the
World Health Organization, claiming 17.9 million lives
annually.
"Working closely with the HTEA will provide Principal
Technologies with a panel of experts to provide a comprehensive,
unbiased, scientific review of potential technologies for us to
invest in to better enable us to make sound financial choices based
on the latest medical technology intelligence," said Jerry Trent, CEO and President of Principal
Technologies. "This partnership will also provide us with channels
to communicate about the work we are doing more broadly throughout
the HTEA's network."
Principal Technologies is focused on identifying and
accelerating the growth of companies that have technology capable
of enhancing medical treatment quality, cost efficiency,
optimization of the patient pathway, and implementation of
point-of-care technologies.
About Principal Technologies Inc.
Principal Technologies Inc. (TSXV: PTEC.P), is
building a diverse portfolio of investments in healthcare
technology companies with a focus on those with global distribution
potential, that have achieved regional success. Principal
Technologies will also focus on companies that have IP capable of
enhancing medical treatment quality and efficiency, cost
efficiency, optimization of the patient pathway, and implementation
of point of care technologies. In addition to providing growth
capital, the company also aims to support the growth of its
portfolio with the expertise of its management team, board, and
advisers.
Learn more: https://principal-technologies.com/
For investor inquiries or further information, please
contact:
Principal Technologies Inc., Jerry
Trent, Chief Executive Officer:
office@principal-technologies.com
For media inquiries, please contact:
Brittany@Exvera.com
Neither TSXV nor its Regulation Services Provider (as that
term is defined in the policies of the TSXV) accepts responsibility
for the adequacy or accuracy of this news release.
SOURCE Principal Technologies Inc.
