- CEO
- Dan Pitulia
- Full Time Employees
- 89
- Sector
- Healthcare
- Industry
- Medical - Devices
- Address
- KALsAeNgsgrAeNd 10B Uppsala Sweden 753 19
- IPO Date
- Jun 28, 2001
- Business
- Coala-Life Group AB (publ) Coala-Life Group AB (publ) is a Sweden-based medical technology company focused on cardiac diagnostics and mobile health, developing patented products and services for digital remote monitoring, analysis, and screening of the heart and lungs. The company offers the Coala Heart Monitor, a smartphone-connected medical device and FDA-cleared, CE-approved platform enabling long-term ECG monitoring, heart sound auscultation, algorithm-based detection of atrial fibrillation and arrhythmias, and real-time feedback to patients; the Coala Care portal, a cloud-based solution for healthcare providers to prescribe, manage, communicate with patients remotely, interpret data, and generate diagnostic reports; and managed remote patient monitoring (RPM) services primarily for chronic cardiac conditions in everyday settings. It targets healthcare providers such as clinics and hospitals, with operations centered in the United States via subsidiary Coala Life Inc. in California—accounting for the majority of revenue—and presences in Europe; founded in 2015 and headquartered in Stockholm, Sweden. In recent major developments, Coala-Life Group AB (publ) filed for bankruptcy on March 22, 2024, following liquidity challenges and unsuccessful funding efforts, leading to delisting from Nasdaq First North on April 8, 2024; thereafter, PMD Device Solutions acquired key assets including the US subsidiary, intellectual property portfolio, and technology for 3.6 MSEK in April 2024 to integrate into its respiratory monitoring operations and accelerate US market entry, with post-acquisition post-market support provided by Coala Solutions AB.