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Nuwellis Appoints Dr. John Jefferies as Chief Medical Officer

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Nuwellis (Nasdaq: NUWE) has appointed Dr. John Jefferies as its new Chief Medical Officer, enhancing its leadership team as it pushes forward with clinical evidence supporting ultrafiltration for fluid overload patients. Dr. Jefferies, who brings over 20 years of cardiology expertise, will guide clinical and medical affairs and aid corporate development. He is currently the Chief of Cardiology at the University of Tennessee and has been part of Nuwellis' medical advisory board since 2019. This leadership change is expected to strengthen Nuwellis' position in the market.

Positive
  • Appointment of Dr. John Jefferies as CMO expected to strengthen leadership.
  • Dr. Jefferies' extensive cardiology expertise may enhance clinical strategy.
Negative
  • Concerns about continuity as Dr. Jefferies retains his role at the University of Tennessee.

Dr. Jefferies brings over two decades of cardiology and heart failure expertise to Nuwellis as the Company expands clinical evidence supporting the use of ultrafiltration for people with fluid overload

MINNEAPOLIS, Jan. 05, 2023 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (Nasdaq: NUWE), a medical technology company focused on transforming the lives of people with fluid overload, today announced the appointment of John Jefferies, MD, MPH, FACC, FHFSA as Chief Medical Officer (CMO). In this new role, Dr. Jefferies will provide Nuwellis with strategic guidance on clinical and medical affairs issues, act as a liaison between the Company and the medical community and serve as a key advisor on corporate development matters.

“I am thrilled to welcome Dr. Jefferies in this new role of CMO,” said Nestor Jaramillo, Jr., President and CEO of Nuwellis. “Dr. Jefferies’ pediatric training and expertise in cardiology and heart failure make him the ideal person for this role as we prepare to bring new products to market and continue expanding the body of clinical evidence supporting ultrafiltration.”

Dr. Jefferies currently serves as the Jay M. Sullivan Endowed Chair in Cardiovascular Medicine and Chief of Cardiology at the University of Tennessee Health Science Center. He will continue in this role while serving as CMO for Nuwellis. Dr. Jefferies began his medical career with a combined residency in internal medicine and pediatrics at the University of Kentucky. Dr. Jefferies then completed a fellowship in general internal medicine and earned a master’s degree in public health from the University of Kentucky before completing an additional combined fellowship in adult cardiovascular diseases and pediatric cardiology at the Baylor College of Medicine. He has authored or co-authored more than 250 peer-reviewed manuscripts, functioned as lead editor for two textbooks, and sits on the editorial boards of several journals. Dr. Jefferies has served on the Nuwellis medical advisory board since 2019.

“It’s an exciting time to be working with Nuwellis,” said Dr. Jefferies. “I’ve seen firsthand how the company’s Aquadex therapy can make a real difference for heart failure patients. I’m eager to put my expertise to work to bring new technology to market and expand the clinical data surrounding ultrafiltration, with the ultimate goal of providing better outcomes for more patients in the future.”

About Nuwellis
Nuwellis, Inc. (Nasdaq: NUWE) is a medical technology company dedicated to transforming the lives of patients suffering from fluid overload through science, collaboration, and innovation. The company is focused on commercializing the Aquadex SmartFlow® system for ultrafiltration therapy. Nuwellis is headquartered in Minneapolis, Minnesota, with a wholly-owned subsidiary in Ireland.

About the Aquadex SmartFlow® System
The Aquadex SmartFlow system delivers clinically superior therapy using a simple, flexible and smart method of removing excess fluid from patients suffering from hypervolemia (fluid overload). The Aquadex SmartFlow system is indicated for temporary (up to 8 hours) or extended (longer than 8 hours in patients who require hospitalization) use in adult and pediatric patients weighing 20 kg or more whose fluid overload is unresponsive to medical management, including diuretics. All treatments must be administered by a health care provider, within an outpatient or inpatient clinical setting, under physician prescription, both having received training in extracorporeal therapies.

Forward-Looking Statements
Certain statements in this release may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including without limitation, statements regarding the new market opportunities and anticipated growth in 2023 and beyond. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this release, including, without limitation, those risks associated with our ability to execute on our commercialization strategy, the impact of the COVID-19 pandemic, the possibility that we may be unable to raise sufficient funds necessary for our anticipated operations, our post-market clinical data collection activities, benefits of our products to patients, our expectations with respect to product development and commercialization efforts, our ability to increase market and physician acceptance of our products, potentially competitive product offerings, intellectual property protection, our ability to integrate acquired businesses, our expectations regarding anticipated synergies with and benefits from acquired businesses, and other risks and uncertainties described in our filings with the SEC. Forward-looking statements speak only as of the date when made. Nuwellis does not assume any obligation to publicly update or revise any forward-looking statements, whether due to new information, future events or otherwise.

CONTACTS

INVESTORS:
Vivian Cervantes
Gilmartin Group
ir@nuwellis.com

MEDIA:
Annika Parish
Health+Commerce
annika@healthandcommerce.com  


FAQ

What is the significance of Dr. Jefferies' appointment as CMO for Nuwellis?

Dr. Jefferies' appointment is significant as he brings over 20 years of cardiology expertise, which can enhance Nuwellis' clinical strategies and product development.

What role will Dr. Jefferies play at Nuwellis?

As CMO, Dr. Jefferies will provide strategic guidance on clinical and medical affairs and act as a liaison between Nuwellis and the medical community.

How might Dr. Jefferies' experience impact Nuwellis' clinical evidence expansion?

His extensive background in cardiology and experience with ultrafiltration can aid in expanding clinical evidence and acceptance of Nuwellis’ Aquadex therapy.

What products is Nuwellis focusing on under Dr. Jefferies’ leadership?

Nuwellis is focused on commercializing the Aquadex SmartFlow system for ultrafiltration therapy under Dr. Jefferies' leadership.

What challenges might arise from Dr. Jefferies holding dual roles?

Holding dual roles may raise concerns about his availability and focus on Nuwellis, potentially impacting company continuity.

Nuwellis, Inc.

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