September 28, 2017 | The Mayo Foundation for Medical Education and Research (Mayo Clinic) has purchased the WatchPAT device, an FDA-approved sleep apnea home testing device developed by Israeli medical diagnostics company Itamar Medical. The purchase agreement was signed for three years starting May 2017, with automatic renewal possible for one-year periods moving forward. Itamar Medical estimates the purchase will not impact its expected revenue and profit. Itamar Medical was founded in 1997 by Giora Yaron and Peretz Lavie in the Israeli coastal city of Caesarea. The medical company develops and manufactures medical technology products including non-invasive diagnostic devices for sleep disorders and cardiovascular diseases. [Photo: Clare Black]
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