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[8-K] Nuwellis, Inc. Reports Material Event

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

Nuwellis announced that the National Institutes of Health awarded an approximately $3 million multi-year grant to Koronis Biomedical Technologies Corporation (KBT), its development partner. The NIH funding is directed to accelerate Vivian™, the pediatric continuous renal replacement therapy (CRRT) device in development for patients under 20 kilograms, and to advance core software and firmware that support Nuwellis’ broader device portfolio. The filing states the award aims to speed development of the pediatric product and strengthen underlying technology, but does not specify how funds will be allocated between KBT and Nuwellis or any timeline or financial impact on Nuwellis’ statements.

Nuwellis ha comunicato che i National Institutes of Health hanno assegnato a Koronis Biomedical Technologies Corporation (KBT), suo partner di sviluppo, una sovvenzione pluriennale di circa 3 milioni di dollari. Il finanziamento NIH è destinato ad accelerare lo sviluppo di Vivian™, il dispositivo pediatrico per la terapia renale sostitutiva continua (CRRT) pensato per pazienti sotto i 20 chilogrammi, e a migliorare il software e il firmware di base a supporto dell’intero portafoglio dispositivi di Nuwellis. Il comunicato specifica che l’assegno mira a velocizzare il prodotto pediatrico e a rafforzare la tecnologia sottostante, ma non dettaglia come verranno ripartiti i fondi tra KBT e Nuwellis né fornisce tempistiche o effetti finanziari sulle dichiarazioni di Nuwellis.

Nuwellis anunció que los National Institutes of Health otorgaron a Koronis Biomedical Technologies Corporation (KBT), su socio de desarrollo, una subvención plurianual de aproximadamente 3 millones de dólares. La financiación del NIH está dirigida a acelerar Vivian™, el dispositivo pediátrico de terapia renal sustitutiva continua (CRRT) en desarrollo para pacientes de menos de 20 kilogramos, y a avanzar en el software y el firmware centrales que respaldan la cartera de dispositivos de Nuwellis. El comunicado indica que el premio busca acelerar el desarrollo del producto pediátrico y reforzar la tecnología subyacente, pero no especifica cómo se asignarán los fondos entre KBT y Nuwellis ni ofrece plazos o impacto financiero en las declaraciones de Nuwellis.

Nuwellis는 국립보건원(NIH)이 개발 파트너인 Koronis Biomedical Technologies Corporation(KBT)에 약 300만 달러 규모의 다년간 보조금을 지원했다고 발표했습니다. NIH 자금은 체중 20kg 미만 환자용으로 개발 중인 소아용 지속성 신대체요법(CRRT) 장치 Vivian™의 개발 가속화와 Nuwellis의 광범위한 장치 포트폴리오를 지원하는 핵심 소프트웨어·펌웨어의 개발 진척에 사용됩니다. 공시에는 이 상금이 소아용 제품 개발을 앞당기고 기반 기술을 강화하는 것을 목표로 한다고 되어 있으나, 자금이 KBT와 Nuwellis 간에 어떻게 배분되는지나 일정 또는 Nuwellis의 재무에 미치는 영향은 명시되어 있지 않습니다.

Nuwellis a annoncé que les National Institutes of Health ont attribué à Koronis Biomedical Technologies Corporation (KBT), son partenaire de développement, une subvention pluriannuelle d’environ 3 millions de dollars. Le financement du NIH vise à accélérer Vivian™, le dispositif pédiatrique de dialyse continue de remplacement rénal (CRRT) en développement pour les patients de moins de 20 kilogrammes, et à faire progresser le logiciel et le micrologiciel de base qui soutiennent le portefeuille d’appareils plus large de Nuwellis. Le communiqué indique que l’attribution a pour objectif d’accélérer le produit pédiatrique et de renforcer la technologie sous-jacente, mais ne précise pas comment les fonds seront répartis entre KBT et Nuwellis, ni de calendrier ou d’impact financier sur les déclarations de Nuwellis.

Nuwellis gab bekannt, dass die National Institutes of Health Koronis Biomedical Technologies Corporation (KBT), seinem Entwicklungspartner, einen mehrjährigen Zuschuss in Höhe von etwa 3 Millionen US-Dollar bewilligt haben. Die NIH-Fördermittel sollen die Entwicklung von Vivian™, dem pädiatrischen kontinuierlichen Nierenersatztherapie-(CRRT)-Gerät für Patienten unter 20 Kilogramm, beschleunigen und die zentrale Software und Firmware vorantreiben, die das breitere Geräteportfolio von Nuwellis unterstützen. Die Mitteilung erklärt, dass die Zuwendung die Entwicklung des pädiatrischen Produkts beschleunigen und die zugrundeliegende Technologie stärken soll, nennt jedoch nicht, wie die Mittel zwischen KBT und Nuwellis aufgeteilt werden oder welchen Zeitplan bzw. finanziellen Einfluss dies auf Nuwellis’ Angaben hat.

Positive
  • NIH grant of approximately $3 million supports development of a pediatric CRRT device (Vivian™), indicating external validation
  • Funding targets core software and firmware, which could strengthen Nuwellis’ broader device platform and shared technology
Negative
  • Grant awarded to development partner Koronis Biomedical Technologies Corporation (KBT), and the filing does not state the portion, if any, that Nuwellis will receive
  • No timeline, milestones, or financial impact disclosed, so material effects on Nuwellis’ financials or product launch timing are unspecified

Insights

TL;DR: A ~ $3M NIH grant to the development partner helps advance a pediatric CRRT device and key software, reducing development funding risk.

The NIH award to KBT supports development of Vivian™, targeting patients under 20 kg, and invests in software/firmware that underpins Nuwellis’ device platform. For investors, the grant signals third‑party validation of the technology’s clinical and public‑health relevance and may lower aggregate program funding needs. The 8‑K does not disclose direct cash to Nuwellis, timelines, milestones, or clinical endpoints, so material financial effects on Nuwellis cannot be determined from this filing alone.

TL;DR: NIH backing of pediatric CRRT development is a favorable technical and regulatory signal for Vivian™ and related platform software.

NIH grants typically support rigorous development and can facilitate subsequent clinical studies and regulatory engagement. Funding focused on pediatric CRRT for patients under 20 kg addresses a specialized market with high unmet need, and advancing core software/firmware can provide reusable IP across products. The filing is concise and lacks details on scope, milestones, or whether KBT retains primary development responsibilities, so implications for product launch timing remain unclear.

Nuwellis ha comunicato che i National Institutes of Health hanno assegnato a Koronis Biomedical Technologies Corporation (KBT), suo partner di sviluppo, una sovvenzione pluriennale di circa 3 milioni di dollari. Il finanziamento NIH è destinato ad accelerare lo sviluppo di Vivian™, il dispositivo pediatrico per la terapia renale sostitutiva continua (CRRT) pensato per pazienti sotto i 20 chilogrammi, e a migliorare il software e il firmware di base a supporto dell’intero portafoglio dispositivi di Nuwellis. Il comunicato specifica che l’assegno mira a velocizzare il prodotto pediatrico e a rafforzare la tecnologia sottostante, ma non dettaglia come verranno ripartiti i fondi tra KBT e Nuwellis né fornisce tempistiche o effetti finanziari sulle dichiarazioni di Nuwellis.

Nuwellis anunció que los National Institutes of Health otorgaron a Koronis Biomedical Technologies Corporation (KBT), su socio de desarrollo, una subvención plurianual de aproximadamente 3 millones de dólares. La financiación del NIH está dirigida a acelerar Vivian™, el dispositivo pediátrico de terapia renal sustitutiva continua (CRRT) en desarrollo para pacientes de menos de 20 kilogramos, y a avanzar en el software y el firmware centrales que respaldan la cartera de dispositivos de Nuwellis. El comunicado indica que el premio busca acelerar el desarrollo del producto pediátrico y reforzar la tecnología subyacente, pero no especifica cómo se asignarán los fondos entre KBT y Nuwellis ni ofrece plazos o impacto financiero en las declaraciones de Nuwellis.

Nuwellis는 국립보건원(NIH)이 개발 파트너인 Koronis Biomedical Technologies Corporation(KBT)에 약 300만 달러 규모의 다년간 보조금을 지원했다고 발표했습니다. NIH 자금은 체중 20kg 미만 환자용으로 개발 중인 소아용 지속성 신대체요법(CRRT) 장치 Vivian™의 개발 가속화와 Nuwellis의 광범위한 장치 포트폴리오를 지원하는 핵심 소프트웨어·펌웨어의 개발 진척에 사용됩니다. 공시에는 이 상금이 소아용 제품 개발을 앞당기고 기반 기술을 강화하는 것을 목표로 한다고 되어 있으나, 자금이 KBT와 Nuwellis 간에 어떻게 배분되는지나 일정 또는 Nuwellis의 재무에 미치는 영향은 명시되어 있지 않습니다.

Nuwellis a annoncé que les National Institutes of Health ont attribué à Koronis Biomedical Technologies Corporation (KBT), son partenaire de développement, une subvention pluriannuelle d’environ 3 millions de dollars. Le financement du NIH vise à accélérer Vivian™, le dispositif pédiatrique de dialyse continue de remplacement rénal (CRRT) en développement pour les patients de moins de 20 kilogrammes, et à faire progresser le logiciel et le micrologiciel de base qui soutiennent le portefeuille d’appareils plus large de Nuwellis. Le communiqué indique que l’attribution a pour objectif d’accélérer le produit pédiatrique et de renforcer la technologie sous-jacente, mais ne précise pas comment les fonds seront répartis entre KBT et Nuwellis, ni de calendrier ou d’impact financier sur les déclarations de Nuwellis.

Nuwellis gab bekannt, dass die National Institutes of Health Koronis Biomedical Technologies Corporation (KBT), seinem Entwicklungspartner, einen mehrjährigen Zuschuss in Höhe von etwa 3 Millionen US-Dollar bewilligt haben. Die NIH-Fördermittel sollen die Entwicklung von Vivian™, dem pädiatrischen kontinuierlichen Nierenersatztherapie-(CRRT)-Gerät für Patienten unter 20 Kilogramm, beschleunigen und die zentrale Software und Firmware vorantreiben, die das breitere Geräteportfolio von Nuwellis unterstützen. Die Mitteilung erklärt, dass die Zuwendung die Entwicklung des pädiatrischen Produkts beschleunigen und die zugrundeliegende Technologie stärken soll, nennt jedoch nicht, wie die Mittel zwischen KBT und Nuwellis aufgeteilt werden oder welchen Zeitplan bzw. finanziellen Einfluss dies auf Nuwellis’ Angaben hat.


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

Current Report Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 9, 2025

Nuwellis, Inc.
(Exact Name of Registrant as Specified in its Charter)

Delaware
001-35312
No. 68-0533453
(State or Other Jurisdiction of Incorporation or Organization)
(Commission File Number)
(I.R.S. Employer Identification No.)

12988 Valley View Road, Eden Prairie, MN
(Address of Principal Executive Offices)
 
55344
(Zip Code)

(952) 345-4200
(Registrant’s Telephone Number, Including Area Code)

Not Applicable
(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, par value $0.0001 per share
NUWE
Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐



Item 8.01.
Other Events.

On September 9, 2025, Nuwellis, Inc. (the “Company”) announced that the National Institutes of Health (NIH) has awarded an approximately $3 million multi-year grant to its development partner, Koronis Biomedical Technologies Corporation (KBT). The NIH-supported program will accelerate Vivian™, Nuwellis’ dedicated pediatric continuous renal replacement therapy (CRRT) device in development for patients under 20 kilograms, and advance core software and firmware that strengthen the Company’s broader portfolio.
 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: September 9, 2025
NUWELLIS, INC.
   
 
By:
/s/ John L. Erb
 
 
Name:
 John L. Erb
 
Title:
President and Chief Executive Officer



FAQ

What did Nuwellis (NUWE) report in this 8-K?

The company reported that the NIH awarded an approximately $3 million multi-year grant to its development partner Koronis Biomedical Technologies Corporation to advance the Vivian™ pediatric CRRT device and related software/firmware.

Who received the NIH grant mentioned in the filing?

The grant was awarded to Koronis Biomedical Technologies Corporation (KBT), identified as Nuwellis’ development partner.

What product does the NIH funding support?

The funding is intended to accelerate development of Vivian™, a pediatric continuous renal replacement therapy (CRRT) device for patients under 20 kilograms.

Does the 8-K state how the $3 million affects Nuwellis’ finances?

No. The filing does not disclose any direct cash to Nuwellis, allocations, timelines, milestones, or expected financial impact.

Will the grant advance other Nuwellis technologies?

According to the filing, the program will also advance core software and firmware that strengthen Nuwellis’ broader portfolio.
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