Nuwellis Announces Purchase Agreement with 50 Hospital Network For Aquadex Ultrafiltration Therapy; Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Nuwellis has entered into a purchase agreement with a network of 50 hospitals for its Aquadex Ultrafiltration Therapy. The financial terms of the deal were not disclosed. This agreement could potentially increase the adoption and usage of Aquadex therapy in a significant number of healthcare facilities, impacting Nuwellis's market presence and revenue.
May 09, 2024 | 1:02 pm
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Nuwellis's agreement with a 50 hospital network for its Aquadex Ultrafiltration Therapy could significantly boost its market presence and potentially increase revenues, although the financial terms were not disclosed.
The agreement with a large network of hospitals is directly related to Nuwellis's core product, Aquadex Ultrafiltration Therapy, which is likely to increase its adoption and usage. This could lead to increased revenues and a stronger market position for Nuwellis. The lack of disclosed financial terms adds some uncertainty to the exact financial impact, but the scale of the agreement suggests a positive outlook.
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