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Nuwellis Inc (NUWE) is a leader in developing medical devices for fluid overload management and renal monitoring. This page serves as the definitive source for verified news and official announcements about the company’s innovations in critical care technology.
Access real-time updates on Aquadex SmartFlow System deployments, RenalSense Clarity RMS clinical validations, and strategic partnerships. Investors and healthcare professionals will find essential information about regulatory milestones, research findings, and operational developments directly impacting patient care standards.
Our curated collection includes earnings reports, product launch details, and peer-reviewed study outcomes. All content is rigorously verified to ensure accuracy while maintaining accessibility for both medical experts and general investors.
Bookmark this page for streamlined access to NUWE’s latest advancements in ultrafiltration therapy and kidney function monitoring technologies. Return regularly to stay informed about developments shaping the future of fluid management solutions.
Nuwellis (Nasdaq: NUWE) has appointed John Erb as its permanent Chief Executive Officer, effective June 27, 2025. Erb, who has been serving as interim CEO since February 2025, previously held the CEO position from 2015 to 2020. This appointment follows his successful interim leadership period where he demonstrated ability to bring stability and renewed momentum to the medical technology company.
The Board's decision reflects their confidence in Erb's leadership capabilities and his deep understanding of Nuwellis's mission in advancing fluid management solutions. Under his guidance, the company aims to focus on strategic clarity, operational discipline, and sustainable growth.
Nuwellis (NUWE) has finalized a strategic manufacturing agreement with KDI Precision Manufacturing to outsource the assembly of key Aquadex product components. Under the agreement, KDI will take over assembly responsibilities for the Aquadex SmartFlow® Console, AquaFlexFlow® Blood Circuits, and dELC® Catheters. The partnership aims to enhance operational efficiency and reduce costs while maintaining product quality.
KDI, an ISO 13485 certified and FDA registered company founded in 1982, specializes in medical manufacturing with over 80% of its business in healthcare products. To ensure continuity, current Nuwellis assembly employees will be hired by KDI. Notably, KDI's CEO Vitaliy Epshteyn previously served as Nuwellis' SVP of Operations, Engineering, and QA/RA for 6 years.
Nuwellis (Nasdaq: NUWE) has secured U.S. Patent No. 12,280,007 for an innovative self-emptying fluid bag design that enhances clinical workflow efficiency. The patent, issued on April 22, 2025, features a novel siphon mechanism that enables automatic drainage without disconnecting from the scale, maintaining precise weight-based measurements.
The technology aims to reduce manual intervention requirements while preserving system accuracy in treating fluid overload in critically ill patients. While not planned for immediate implementation, the design could be incorporated into future Aquadex SmartFlow system updates, including the Vivian pediatric-focused CRRT device under development.
The patent received a 224-day extension to its standard term from the USPTO, representing one of several initiatives by Nuwellis to expand its intellectual property portfolio and advance fluid management innovation.
Nuwellis (NUWE), a commercial-stage medical technology company specializing in fluid overload solutions, has scheduled its first quarter 2025 financial results announcement for May 13, 2025. The company will host a conference call and webcast at 9:00 AM ET to discuss the results and provide a business update.
Investors can access the live webcast through the company's investor relations website at ir.nuwellis.com, or join the conference call by dialing 1-800-579-2543 (U.S.) or 1-785-424-1789 (international) using conference ID: NUWEQ1. An audio recording will be available on the company's investor website after the call.
Nuwellis (NUWE) reported Q4 and full year 2024 financial results, showing mixed performance. Q4 revenue decreased 9% year-over-year to $2.3 million, while consumables utilization grew 21% and Critical Care revenue increased 35%. The company achieved a gross margin of 58.4%, up from 54.4% in the prior year quarter.
Notable highlights include a four-fold CMS payment increase to $1,639 for Aquadex Ultrafiltration Therapy in outpatient settings, effective January 2025. New clinical data showed Aquadex reduced heart failure events by 60% compared to IV diuretics. The company successfully reduced operating costs by $5.9 million (26%) year-over-year.
Q4 operating loss improved to $2.4 million from $3.6 million, with net loss per share of $0.44. As of December 31, 2024, Nuwellis had no debt and $5.1 million in cash and cash equivalents.
Nuwellis Inc (Nasdaq: NUWE) announced that Nestor Jaramillo, Jr. has retired as President, CEO, and director, effective February 18, 2025. John Erb, the current Chairman of the Board, has been appointed as Interim President and CEO.
The company plans to engage an executive search firm to identify a permanent CEO. Erb, who has served as a director since September 2012 and chairman since October 2012, previously served as president and CEO of Nuwellis from November 2015 to January 2021. He was also executive chairman and CEO of CHF Solutions, Inc., the previous owner of the Aquadex™ system.