STOCK TITAN

Nuwellis, Inc. - $NUWE STOCK NEWS

Welcome to our dedicated page for Nuwellis news (Ticker: $NUWE), a resource for investors and traders seeking the latest updates and insights on Nuwellis stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Nuwellis's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Nuwellis's position in the market.

Rhea-AI Summary

Nuwellis, Inc. (Nasdaq: NUWE) has received a Notice of Allowance from the USPTO for a patent related to its innovative pediatric Continuous Renal Replacement Therapy (CRRT) device Vivian™. This patent enhances Nuwellis' IP portfolio, enabling healthcare providers to seamlessly switch between stationary and transport modes for improved patient care. The company is also developing a new pediatric CRRT device with NIH funding, in collaboration with Koronis Biomedical Technologies , to better care for children with kidney issues.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
58.46%
Tags
none
-
Rhea-AI Summary

Nuwellis, Inc. announced the closing of a $2.7 million public offering, issuing 11,250,000 shares of common stock and warrants. The gross proceeds will be used for working capital and general corporate purposes, including investments in commercialization efforts.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.33%
Tags
-
Rhea-AI Summary

Nuwellis, Inc. (NUWE) will report its first quarter 2024 financial results on May 7, 2024. The medical technology company will host a conference call and webcast to discuss the results and provide a business update.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.33%
Tags
conferences earnings
Rhea-AI Summary

Nuwellis, Inc. (NUWE) announced the pricing of a $2.7 million public offering, including 11,250,000 shares of common stock and warrants to purchase up to 16,875,000 shares at $0.24 per share. Each share comes with a warrant to purchase 1.5 additional shares at an exercise price of $0.40 per share.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-41.38%
Tags
-
Rhea-AI Summary
Nuwellis, Inc. (NUWE) collaborates with Henry Ford Health to offer ultrafiltration therapy to heart failure patients as part of the REVERSE-HF study. The Aquadex SmartFlow system aims to improve clinical outcomes for patients resistant to diuretics, potentially revolutionizing heart failure treatment. Nuwellis focuses on addressing the therapy needs of the expanding heart failure patient population while reducing overall healthcare costs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.42%
Tags
none
-
Rhea-AI Summary
Nuwellis, Inc. (NUWE) presents positive clinical data analysis from the AVOID-HF trial at the THT conference. Results show Aquadex System's superiority in reducing heart failure readmissions and predicting patient response. Ultrafiltration therapy outperformed intravenous diuretics, with fewer heart failure events and hospitalizations. AI and ML models identified top predictors for 90-day heart failure events, aiding in personalized treatment plans.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.58%
Tags
none
Rhea-AI Summary
Nuwellis, Inc. (NUWE) reported strong financial results for Q4 and full year 2023, with record revenue, expanding margins, and growth in pediatric sales. The company achieved a 9% increase in Q4 revenue, reaching $2.6 million, and a 4% increase in full-year revenue, totaling $8.9 million. Fourth quarter pediatric revenue grew by 35% year over year, with a 28% increase in utilization and a 49% increase in console sales. Nuwellis added new products, including a 12 cm dELC catheter and the Quelimmune SCD pediatric device. The company also received FDA approval for Quelimmune, enhancing its pediatric portfolio. Nuwellis showcased new clinical data and hosted a symposium at the THT conference to present Aquadex system trials. Despite challenges in the first half of 2023, the company achieved 27% revenue growth in the second half. Nuwellis aims to build on its momentum in 2024 with new clinical applications and product introductions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-16.76%
Tags
-
Rhea-AI Summary
Nuwellis, Inc. (NUWE) will release financial results for Q4 and full year 2023 on March 5, 2024. The company focuses on fluid overload solutions. A conference call and webcast will discuss financials and business updates.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.43%
Tags
conferences earnings
-
Rhea-AI Summary
Nuwellis, Inc. announces FDA approval for SeaStar Medical's pediatric Selective Cytopheretic Device, Quelimmune, to treat acute kidney injury and sepsis in children, showing a 50% mortality rate reduction. Nuwellis plans targeted commercial launch activities in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.23%
Tags
none
Rhea-AI Summary
Nuwellis, Inc. (NUWE) announced equity awards under its 2021 Inducement Plan for new employees. The awards include options to purchase 764 shares at $0.70 each, vesting over four years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.43%
Tags
none
Nuwellis, Inc.

Nasdaq:NUWE

NUWE Rankings

NUWE Stock Data

1.16M
6.79M
0.06%
3.14%
12.08%
Surgical and Medical Instrument Manufacturing
Manufacturing
Link
United States of America
EDEN PRAIRIE

About NUWE

chf solutions is an early stage company focused on commercializing the aquadex flexflow system. our objective is to improve the quality of life for patients with heart failure and related conditions, such as fluid overload. at chf solutions, we are committed to the relentless pursuit of identifying and developing innovative solutions to address unmet clinical needs with the goal of benefiting patients, medical practitioners, and the broader healthcare community. if you are looking for a career where you can make difference we would like to hear from you. we are looking for highly skilled, highly motivated people who want to be part of a growing company where everything you do will matter. chf solutions is an equal opportunity/affirmative action employer committed to cultural diversity in the workplace.