EQUITY RESEARCH MEMO

Respiri

Generated 5/25/2026

Executive Summary

Conviction (model self-assessment)65/100

Respiri is an Australian med-tech company focused on remote patient monitoring (RPM) for chronic respiratory diseases, with its FDA-cleared WheezeRate Detector as the core technology. The device, combined with a HIPAA-compliant SaaS platform, enables healthcare systems to detect exacerbations in asthma and COPD patients early, leveraging CMS-reimbursable CPT codes to generate revenue. With $10M raised and a commercial-stage presence, Respiri addresses the growing demand for cost-effective chronic disease management, aiming to reduce acute care utilization and improve patient outcomes. The company operates in a niche but expanding RPM market, driven by value-based care trends and telehealth adoption. While still private (tickerless), Respiri's focus on a validated sensor and reimbursement pathway positions it for growth, though competition from larger RPM platforms and regulatory risks remain key considerations.

Upcoming Catalysts (preview)

  • Q3 2026FDA clearance for algorithm update or new indication70% success
  • Q4 2026Major health system partnership or pilot expansion50% success
  • Q1 2027CMS reimbursement code expansion or policy change40% success
Locked sections
  • · Pipeline Analysis
  • · Competitive Landscape
  • · Catalyst Calendar (full 12-month)
  • · Bull Case
  • · Bear Case
  • · Counterfactual Scenarios
  • · Valuation Notes
  • · SEC Filing Highlights
  • · Insider Activity
  • · Literature Watch
  • · Patent Landscape
  • · Mechanism Cluster Map
  • · Audio Briefing (5 min)