In this study, a novel acoustic stethoscope based on an intravenous catheter was introduced to measure vascular pressures from a Yorkshire pig. Our hypothesis is that by means of this single device (measurement system) and by applying signal analysis and processing framework, multiple vital bio signals can be extracted. In contrast, current conventional state-of-the-art technologies use multiple devices to provide the same information. The framework used to extract these bio signals consisted of a noise cancellation technique and wavelet based source separation. The preliminary results obtained from the acquired pressure data revealed the presence of acoustic heart and respiratory pulses. Finally, the computed heart and respiratory rates were benchmarked with actual values measured using conventional devices to validate our hypothesis.