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ENvue Medical’s UroShield® Kit Secures Reimbursement in the UK

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ENvue Medical (NASDAQ: NAOV) announced that the UroShield® Kit was added to the UK NHS Drug Tariff Part IX on December 18, 2025, enabling nationwide prescription reimbursement across community and hospital settings.

ENvue also secured an initial purchase order from Peak Medical, its exclusive UK distributor, signaling early commercial demand and providing near-term revenue visibility heading into 2026. The UroShield system complements the previously listed UroShield Actuator (added to Drug Tariff Part IX in 2023) and targets reduction of catheter-associated urinary tract infections (CAUTIs) in long-term catheterized populations.

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Positive

  • NHS Drug Tariff Part IX inclusion enables nationwide prescription reimbursement
  • Initial purchase order from Peak Medical provides early 2026 revenue visibility
  • Actuator already listed in 2023, supporting integrated product access

Negative

  • Purchase order value undisclosed, limiting clarity on near-term revenue impact

Market Context

This announcement highlights a key commercial milestone: inclusion of the UroShield Kit in NHS Drug ...
Analysis

This announcement highlights a key commercial milestone: inclusion of the UroShield Kit in NHS Drug Tariff Part IX, enabling UK-wide prescription reimbursement and supported by an initial Peak Medical purchase order. In context of prior financings and ongoing losses, investors may track how this access translates into revenue, monitor future use of the existing S-3/A shelf tied to convertible preferred stock, and watch subsequent European reimbursement decisions and adoption trends for UroShield-related products.

Key Figures

UK nursing home catheter prevalence: 6.9% German nursing home catheter prevalence: 10.2% German catheter prevalence: 13.4% +5 more
8 metrics
UK nursing home catheter prevalence 6.9% NHS nursing home catheter prevalence (Int J Nurs Stud. 2023)
German nursing home catheter prevalence 10.2% NHS nursing home catheter prevalence comparison (Int J Nurs Stud. 2023)
German catheter prevalence 13.4% Use of indwelling urinary catheters in German nursing homes (BMC Urology 2024)
Registered direct offering size $2.0 million Registered direct offering priced at-the-market on Sep 16, 2025
Shares in Sept offering 291,204 shares Common stock sold at $7.01 per share in registered direct offering
Net loss $6,386 Six months ended June 30, 2025 (Form 10-Q)
Cash used in operations $4,726 Six months ended June 30, 2025 (Form 10-Q)
Series G net proceeds $8.2 million May 2025 Series G Preferred Stock offering (Form 10-Q)

Historical Context

5 past events · Latest: Nov 19 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Nov 19 Strategy refocus Positive -8.8% Refocus on ENvue feeding-tube system and planned rebrand to ENvue Medical.
Sep 18 Product launch Positive -4.0% Launch of Oscar training aid to support ENvue adoption and education.
Sep 16 Equity offering Negative -28.5% $2.0M registered direct offering at $7.01 per share to one investor.
Sep 15 Patent grant Positive +64.9% New U.S. patent protecting insertion device positioning guidance system.
Sep 04 Patent grant Positive -4.9% Patent for real-time imaging overlay technology in navigation systems.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Positive strategic and product news has often seen muted or negative next-day moves, while financings and one IP event aligned with downside and upside respectively.

Recent Company History

Over the past six months, the company (now ENvue Medical) has reported IP expansion, product training initiatives, strategic refocus, and financing activity. Two U.S. patents in early September 2025 produced mixed reactions, including one sharp gain of +64.87%. A $2.0 million offering on Sep 16, 2025 coincided with a -28.5% move. The November shareholder letter outlining the ENvue-focused strategy saw a -8.8% reaction, underscoring that positive narrative shifts have not consistently translated into supportive price action pre-news.

Key Terms

catheter-associated urinary tract infections, biofilm, ultrasonic energy, prefunded warrants, +3 more
7 terms
catheter-associated urinary tract infections medical
"designed to reduce catheter-associated urinary tract infections (CAUTIs) and catheter blockages"
Infections that develop when a tube (catheter) placed to drain urine introduces bacteria into the bladder or urinary tract, often because the tube provides a direct path for germs. Investors should care because these infections drive healthcare spending, create demand for safer devices, cleaning products, diagnostics and treatments, and can trigger regulatory scrutiny, recalls or lawsuits—think of a catheter as a garden hose that can bring garden dirt into a clean pond, creating costly problems.
biofilm medical
"ultrasonic energy to the catheter, helping to inhibit biofilm formation"
A biofilm is a thin, slimy community of microbes that stick to surfaces—like a microscopic film on a pipe or a toothbrush—held together by a self-made sticky coating. Investors care because biofilms can make infections harder to treat, reduce the effectiveness of medical devices and cleaning products, and create demand for specialized drugs, diagnostics or coatings, affecting market size, regulatory risk and a company’s ability to win approvals and customers.
ultrasonic energy medical
"by applying low-frequency ultrasonic energy to the catheter"
Ultrasonic energy is high-frequency sound waves above human hearing that are used to move, cut, clean or image materials in medical devices and industrial equipment—think of a dog whistle’s sound turned into a tool that vibrates at tiny scales. Investors care because products that use ultrasonic energy can offer safer procedures, faster manufacturing or unique features that affect sales, regulatory approval, recurring revenue and competitive advantage.
prefunded warrants financial
"prospectus supplement for an offering that includes prefunded warrants and common stock"
Prefunded warrants are a security that gives the holder the right to convert the warrant into a share after paying a very small remaining amount because almost the full purchase price was paid upfront. They matter to investors because exercising them increases the company’s outstanding shares (dilution) and can provide immediate cash to the issuer while allowing holders to bypass ownership limits or simplify timing, similar to buying a nearly-complete gift card that only needs a tiny top-up to use.
convertible preferred stock financial
"issuance of common shares underlying July 2025 convertible preferred stock and warrants"
Convertible preferred stock is a special class of company shares that pays priority, usually fixed, payments to holders and can be exchanged later for a set number of common shares. It matters to investors because it combines steady income and added protection with the chance to share in a company’s upside; think of it as a hybrid between a bond that pays regularly and an option to convert into growth-oriented stock, where the conversion rules influence both potential gains and how much common shareholders’ ownership may be reduced.
reverse stock split financial
"Subsequent events include a July 18, 2025 securities purchase agreement ... and an August 11, 2025 1-for-10 reverse stock split"
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
warrant liability financial
"a warrant liability measured at fair value was $4,161"
Warrant liability is the financial obligation a company records when it grants warrants—special options giving the holder the right to buy company shares at a set price in the future. It matters to investors because changes in this liability can affect a company's reported earnings and overall financial health, similar to how a pending contract can influence a company's future value.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Peak Medical, ENvue’s Exclusive Distributor in UK, Places Significant Order after Reimbursement Decision, Projecting Future Market Demand for UroShield® Kit

TYLER, Texas, Dec. 18, 2025 (GLOBE NEWSWIRE) -- ENvue Medical, Inc. (NASDAQ: FEED) (“ENvue,” “ENvue Medical” or the “Company”), a medical technology company specializing in non-invasive therapeutic systems, today announced that the UroShield® Kit has been added to the UK National Health Service (NHS) Drug Tariff Part IX, enabling nationwide prescription reimbursement across the UK.

In parallel with this reimbursement milestone, ENvue Medical has secured an initial purchase order from Peak Medical, a leading UK-based distributor specializing in stoma care and urology medical devices with a vast network of hospitals and community settings, reflecting early commercial demand following NHS Drug Tariff inclusion.

The NHS Drug Tariff Part IX establishes a direct, prescription-based reimbursement pathway, significantly expanding access for the UroShield® Kit, which is used in conjunction with the UroShield® Actuator that was previously included in the NHS Drug Tariff Part IX in the UK in 2023, across community and hospital care settings. Long-term urinary catheterization is common in the UK, with published studies indicating catheter prevalence of approximately 6–7% in long-term care populations, a patient group associated with elevated risk of catheter-associated urinary tract infections (CAUTIs).¹

UroShield® is a non-invasive device designed to reduce catheter-associated urinary tract infections (CAUTIs) and catheter blockages by applying low-frequency ultrasonic energy to the catheter, helping to inhibit biofilm formation. CAUTIs are among the most common device-associated healthcare-acquired infections globally.²,³

“This represents a meaningful commercial and reimbursement inflection point for UroShield,” said Doron Besser, MD, Chief Executive Officer of ENvue Medical. “Drug Tariff inclusion removes a major reimbursement barrier and enables scalable NHS prescribing. The initial purchase order provides early revenue visibility heading into 2026 and is a first step in establishing our presence in European markets where reimbursement-driven access models and large catheterized patient populations may support future expansion. Our team will continue to assess reimbursement frameworks and market access pathways in select European countries as part of our longer-term portfolio strategy.”

Auriol Lawson, Managing Director of Peak Medical Ltd., said, “We are excited to partner with ENvue Medical after confirmation of this critically important reimbursement milestone for the UroShield® Kit. The addition to the NHS Drug Tariff Part IX opens up prescription reimbursement access for patients across the UK and allows us to bring to market leading technology that addresses significant challenges of catheter-associated urinary tract infections and side effects in our hospitals and communities. We remain committed to supporting our healthcare system in the UK with innovative, non-invasive solutions to improve patient outcomes such as the UroShield® Kit.”

References

  1. Czwikla J, et al. Prevalence of indwelling urinary catheters in nursing home residents (Int J Nurs Stud. 2023) - NHS nursing home catheter prevalence: UK ~6.9%, Germany ~10.2%
  2. Czwikla J, Schmiemann G, Hoffmann F. Use of indwelling urinary catheters in German nursing homes (BMC Urology, 14 Jun 2024) - German catheter prevalence 13.4%
  3. CDC. Catheter-associated urinary tract infection (CAUTI) basics (CDC.gov, updated June 27, 2025) - CAUTIs are one of the most common healthcare-associated infections

About ENvue Medical, Inc.
ENvue Medical, Inc. (NASDAQ: FEED) is a medical technology company advancing both non-invasive and minimally invasive solutions across clinical and home care settings. Headquartered in Tyler, Texas, with research and development in Tel-Aviv and Nesher, Israel, the Company focuses on two distinct technology platforms:

  • Acoustic-based therapeutic technologies, including PainShield® and UroShield®, which utilize proprietary low-intensity surface acoustic wave (SAW) technology. These devices are intended for use in home or care settings and are designed to treat pain, reduce bacterial colonization, and disrupt biofilms.

  • ENvue™ Navigation Platform, developed and operated by ENvue Medical Holdings, Corp., with offices in Arlington Heights, Illinois, and Tel-Aviv, Israel, is a minimally invasive electromagnetic navigation system intended to assist clinicians in placing feeding tubes into the gastrointestinal tract. FDA 510(k) cleared for adult use, ENvue provides real-time bedside visualization of tube movement and supports informed decision-making during the placement procedure. Future platform expansion may include pediatric and vascular access applications.

ENvue Medical aims to advance standards in non-invasive therapy and minimally invasive navigation, with a commitment to patient safety, clinical usability, and technology innovation across a range of healthcare environments.

Forward-Looking Statements
This press release contains “forward-looking statements.” Such statements may be preceded by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential,” or similar words. These forward-looking statements include, but are not limited to: statements regarding the adoption and implementation of ENvue Medical’s platforms, anticipated commercial expansion, growth, scalability, and implementation of ENvue Medical’s products, the Company’s proposed name and symbol change, market interest in the Company’s technology, and future expectations for strategic growth. Forward-looking statements are not guarantees of future performance, are based on certain assumptions, and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company’s control and cannot be predicted or quantified; consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation: (i) market acceptance of the Company’s existing and new products; (ii) clinical performance and operational outcomes; (iii) delays or complications in product implementation; (iv) intense competition in the medical device industry; (v) product liability or performance issues; (vi) limitations in manufacturing or supply chain capabilities; (vii) reimbursement limitations; (viii) intellectual property protection; (ix) healthcare regulatory changes in the U.S. and abroad; and (x) the need for additional capital. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s filings with the Securities and Exchange Commission (“SEC”), including the Company’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. Investors and security holders are urged to read these documents free of charge at: www.sec.gov. The Company assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events, or otherwise, except as required by law.

Investor Contact:
KCSA Strategic Communications
Valter Pinto, Managing Director
PH: (212) 896-1254
Valter@KCSA.com

SOURCE: ENvue Medical, Inc. 


FAQ

What does NHS Drug Tariff Part IX inclusion mean for ENvue Medical (NAOV)?

Inclusion creates a prescription reimbursement pathway nationwide in the UK, enabling NHS prescribing for the UroShield® Kit.

When was the UroShield® Kit added to the NHS Drug Tariff Part IX?

The UroShield® Kit was added to the NHS Drug Tariff Part IX on December 18, 2025.

Who placed the initial purchase order for UroShield® Kit in the UK?

An initial purchase order was placed by Peak Medical, ENvue’s exclusive UK distributor.

How does the NHS listing affect UroShield access in hospitals and communities?

Listing enables prescription-based reimbursement, expanding access across hospital and community care settings.

Does the announcement disclose the size or value of the Peak Medical order for NAOV?

No; the announcement confirms an initial purchase order but the order value was not disclosed.