Cloud DX Inc. Stock Analysis CDX.H.V

Cloud DX, Inc. engages in the provision of connected health patient monitoring platforms. The company is headquartered in Kitchener, Ontario. The company went IPO on 2019-08-19. The company has developed a family of medical devices, each of which collects multiple vital signs. Its customers purchase Connected Health to remotely monitor patients with a variety of conditions, including serious chronic illnesses, such as chronic obstructive pulmonary disease and congestive heart failure, as well as patients recovering from surgery and COVID-19 patients outside of hospitals. Its customers include academic medical institutions, large hospitals and provincial health authorities in Canada, and physician practices and hospitals in the United States. Its Connected Health Kits include its Cloud DX Bluetooth pulse oximeter, the Cloud DX wireless weight scale and optionally, a wireless Bluetooth blood pressure monitor, digital thermometer, and digital wireless glucose meter from third party suppliers.