McDermott and Bull executive Search
 

Other News

Medera Announces Independent Data Monitoring Committee (DMC) Recommends Continued Advancement of Lead HFpEF Gene Therapy Program

Independent DMC recommends continued conduct of the MUSIC-HFpEF study without protocol modification following scheduled review of accumulated clinical data; randomized HFrEF Phase 2 study also reviewed with no safety concerns requiring changes to study conductBOSTON, June 25, 2026 (GLOBE NEWSWIRE) — Medera Inc. (“Medera”), a clinical-stage biotechnology company developing disease-modifying gene therapies for cardiovascular disease, today announced that the independent Data Monitoring Committee (DMC) has completed its scheduled review of the Company’s ongoing MUSIC-HFpEF clinical trial evaluating SRD-002, Medera’s investigational AAV1/SERCA2a gene therapy for heart failure with preserved ejection fraction (HFpEF). Following review of accumulated clinical data, the independent DMC recommended that the MUSIC-HFpEF study continue without protocol modification. The committee identified no safety concerns requiring changes to study conduct, supporting continued advancement of Medera’s lead clinical program as the Company prepares for discussions with the U.S. Food and Drug Administration (FDA) regarding the next randomized stage of development. The DMC recommendation followed review of accumulated safety and clinical data, including long-term follow-up from both dose cohorts. “We are very encouraged by the outcome of this independent DMC review,” said Ronald Li, PhD, Chief Executive Officer and Founder of Medera. “Independent review by the DMC represents an important milestone for our lead HFpEF program. The review reflected the safety data collected to date and consistency in the physiological and clinical observations across hemodynamic and functional measures. We are particularly encouraged that an independent committee of experienced heart failure specialists and clinical trial experts recommended continued conduct of the study without modification. We believe this outcome further supports the favorable safety profile observed to date and provides additional confidence as we prepare for the next stage of randomized study.” SRD-002 is Medera’s investigational AAV1/SERCA2a gene therapy designed to restore SERCA2a expression and normalize impaired calcium handling within cardiomyocytes, a fundamental biological abnormality underlying HFpEF. Unlike currently approved therapies that primarily improve symptoms or reduce cardiovascular risk, SRD-002 is being developed as a potential disease-modifying therapy targeting the underlying myocardial pathobiology responsible for impaired cardiac relaxation and elevated cardiac filling pressures. The program utilizes Medera’s proprietary targeted intracoronary delivery platform, enabling localized cardiac gene transfer through a minimally invasive catheter-based outpatient procedure while minimizing systemic vector exposure and substantially reducing vector dose requirements compared with conventional systemic intravenous administration. As of the latest DMC review, all ten patients have been successfully treated across two dose cohorts (Cohort A: 3.0 × 10¹³ vg; Cohort B: 4.5 × 10¹³ vg). All patients in Cohort A have completed 12-month follow-up, while patients in Cohort B continue scheduled long-term follow-up. The DMC reviewed comprehensive safety information, including adverse events, laboratory assessments, hepatic function, immune monitoring, and cardiovascular safety data. No gene therapy-related serious adverse events have been reported across the HFpEF clinical program to date. As previously reported at the American Heart Association Scientific Sessions 2025 as a Late-Breaking Clinical Trial Presentation, our Cohort A patients have shown improvements in New York Heart Association (NYHA) functional class, Kansas City Cardiomyopathy Questionnaire (KCCQ) scores, and hemodynamic parameters, including pulmonary capillary wedge pressure (PCWP), a direct measure of cardiac filling pressure and a central physiological hallmark of HFpEF, at rest and during exercise. The company expects to report 12-month data from Cohort B patients in the last quarter of 2026. “HFpEF remains one of the largest unmet needs in cardiovascular medicine and one of the most challenging diseases to study because of its marked biological and clinical heterogeneity,” added Dr. Li. “We believe objective physiological measurements provide a rigorous framework for assessing therapeutic effects in this setting. This independent DMC recommendation represents an important clinical and regulatory de-risking milestone as we continue preparing for randomized development and future FDA interactions.” The independent DMC also completed its scheduled review of Medera’s MUSIC-HFrEF Phase 1/2a clinical trial data, with no safety concerns identified. The randomized MUSIC-HFrEF Phase 2b trial is currently ongoing. “The independent DMC reviews across both our HFpEF and randomized HFrEF programs provide encouraging support for the safety profile observed to date with our cardiovascular gene therapy platform,” said Roger J. Hajjar, MD, President and Chief Medical Officer of Medera. “We remain focused on completing long-term follow-up, generating robust clinical evidence, and advancing both programs through their next stages of clinical and regulatory development.” Medera expects to provide additional updates regarding its HFpEF and HFrEF clinical programs, including future data presentations, regulatory interactions, and development milestones, as they become available. About Heart Failure with Preserved Ejection Fraction (HFpEF) Heart failure affects more than 64 million people worldwide, with HFpEF accounting for approximately half of all heart failure cases. Patients with HFpEF experience morbidity and mortality comparable to those with heart failure with reduced ejection fraction (HFrEF). Despite its growing prevalence, currently approved therapies primarily improve symptoms and reduce cardiovascular risk rather than directly targeting the underlying myocardial abnormalities responsible for the disease. Consequently, HFpEF remains one of the largest unmet needs in cardiovascular medicine and an area of active therapeutic development. About Medera Inc. Medera is a clinical-stage biotechnology company developing next-generation gene therapies for cardiovascular and other serious diseases. Its pipeline includes multiple AAV-based gene therapy programs targeting heart failure and related cardiovascular disorders. The Company operates through two complementary business units: Novoheart, which provides advanced human-specific cardiac disease modeling and drug discovery platforms, and Sardocor, which leads clinical development of Medera’s gene therapy pipeline. Together, these capabilities create an integrated translational platform spanning discovery, preclinical validation, manufacturing, and clinical development. For more information, please visit www.medera.bio. Forward-Looking Statements This press release contains forward-looking statements regarding Medera’s investigational products, anticipated regulatory interactions, clinical development plans, future clinical data, and potential therapeutic benefits. These statements are based on current expectations and involve risks and uncertainties that may cause actual results to differ materially from those expressed or implied. Contacts Ally StubinPublic RelationsICR HealthcareAlly.stubin@icrhealthcare.com646.667.1861 Stephanie CarringtonInvestor RelationsICR HealthcareStephanie.carrington@icrhealthcare.com646.277.1282

Incoming Nuwellis CEO Mike McCormick Underscores Strategic Priorities for Continued Market Expansion in Pediatric Category and Revenue Generation in Letter to Shareholders

June 24, 2026 | Globe Newswire MINNEAPOLIS, June 24, 2026 (GLOBE NEWSWIRE) — Nuwellis, Inc. (NASDAQ:NUWE), a medical technology company committed to delivering solutions for patients with cardiorenal conditions, reviews the year-to-date and outlines strategic priorities in a Letter to Shareholders from newly appointed CEO, Mike McCormick.   Dear Valued […]

CardioMech Shareholders Appoint Ramin Mousavi as Chairman of the Board

MINNEAPOLIS, June 24, 2026  — Norway-based CardioMech AS, a medical device company developing a transfemoral, transseptally delivered mitral valve chordal repair technology in Fridley, MN, today announced the appointment of Ramin Mousavi as Chairman of the Board , effective immediately.   Mousavi, a seasoned medtech executive with leadership experience across cardiovascular, structural heart, […]

EchoIQ Strengthens Leadership Team and Clinical Advisory Network to Accelerate Next Phase of Commercial Growth and U.S. FDA Initiatives

Matthew Dodds appointed Chief Financial Officer, bringing over 30 years of healthcare, medical technology, capital markets, corporate development and investor relations experience Dr. Vinod Thourani appointed Clinical Advisor, adding one of the world’s leading structural heart and valve disease specialists to Echo IQ’s growing network of key opinion leaders SYDNEY, June 24, 2026 (GLOBE NEWSWIRE) — AI and Medical Technology Company Echo IQ Limited (ASX: EIQ) (“Echo IQ” or “the Company”) today announced two key appointments to its executive leadership team and broader clinical advisory network to support the next phase of commercial growth for its EchoSolv platform, expand its presence within the U.S. healthcare market and advance regulatory initiatives with the U.S. FDA. Matthew Dodds has been appointed Chief Financial Officer, effective 24 June 2026, and Dr. Vinod Thourani, internationally recognised as one of the foremost authorities in structural heart disease, heart valve therapies and cardiovascular surgery, has been appointed Clinical Advisor. Management commentary: Chief Executive Officer, Mr. Dustin Haines said: “These appointments significantly strengthen both the commercial and clinical foundations of Echo IQ as we continue executing our growth strategy in the U.S. Matthew brings a rare combination of healthcare operating experience, strategic leadership, capital markets expertise and investor engagement capability. During his more than 30-year career, Matthew has worked across Wall Street, Johnson & Johnson and LivaNova, providing Echo IQ with an executive who understands not only how to build and scale medical technology businesses, but also how to effectively communicate value to high-profile U.S. investors and strategic partners. As we continue expanding our commercial footprint and evaluating strategic opportunities in the U.S. healthcare sector and more broadly, Matthew’s experience will be invaluable. We are excited to welcome Dr. Vinod Thourani as a Clinical Advisor. Vinod is widely regarded as one of the world’s leading experts in structural heart disease and valve therapies, with an exceptional reputation across both the clinical and academic cardiovascular communities. His appointment further strengthens our already impressive network of key opinion leaders and complements the Company’s existing relationships with internationally recognised clinicians, including Dr. Philippe Genereux, reinforcing the growing interest from leading cardiovascular specialists in the role artificial intelligence can play in improving disease detection and patient outcomes. Together, these appointments further position Echo IQ to accelerate commercial adoption, deepen engagement with leading healthcare institutions and continue building a world-class cardiovascular AI platform.” Chief Financial Officer, Mr. Matthew Dodds added: “I am excited to join Echo IQ at an important stage in the Company’s evolution. Echo IQ has built a differentiated platform addressing major unmet needs in cardiovascular care and sits at the intersection of artificial intelligence, clinical workflow and scalable healthcare technology. I look forward to working with Dustin, the Board and the broader team to help build the financial, strategic and commercial infrastructure required for the Company’s next phase of growth.” Bio for Matthew Dodds, Chief Financial Officer Mr. Dodds joins Echo IQ with more than 30 years of experience across healthcare, medical technology, capital markets, corporate development, strategy, investor relations, business development and public company leadership. Most recently, he served as Senior Vice President, Corporate Development & IT at LivaNova PLC, where he was a member of the executive leadership team and held responsibility for corporate development, investor relations, corporate communications, enterprise IT and strategic initiatives. Prior to LivaNova, Mr. Dodds served as Vice President, Strategic Planning for Johnson & Johnson Medical Devices, helping lead strategic planning, business development and investor relations initiatives across one of the world’s largest medical technology businesses. Earlier in his career, Mr. Dodds spent more than two decades on Wall Street as a leading medical technology equity research analyst, including serving as Americas Sector Head of Healthcare Equity Research at Citigroup. During this period, he advised institutional investors on many of the world’s largest healthcare and medical device companies, developing extensive relationships across the global healthcare investment community. Mr. Dodds earned his Bachelor of Science degree in industrial management from Carnegie Mellon University. Bio for Dr. Vinod Thourani Dr. Thourani currently serves as the Bernie Marcus Chairman of the Department of Cardiovascular Surgery at Piedmont Healthcare and the Marcus Heart and Vascular and Valve Center of the Piedmont Heart Institute in Atlanta, Georgia, where he also serves as Surgical Director of the Structural Center of Excellence. Dr. Thourani has held numerous leadership positions across the global cardiovascular community, including Past President of the Heart Valve Society, Past President of the Southern Thoracic Surgical Association and Past President of the South Atlantic Cardiovascular Society. He currently serves on the Board of Directors of the Society of Thoracic Surgeons and as its Treasurer, while also holding leadership positions with the International Society of Minimally Invasive Cardiothoracic Surgery, the American College of Cardiology and multiple international cardiovascular organisations. He has authored more than 620 peer-reviewed publications and serves as Principal Investigator or Steering Committee member across numerous landmark structural heart and valve disease clinical trials. Dr. Thourani is widely regarded as one of the leading clinical voices in the diagnosis and treatment of structural heart disease and valvular disorders globally. Authorised for release by the Board of Directors of Echo IQ Limited. Investor Inquiries: Dustin Haines Jeremy FefferChief Executive OfficerManaging DirectorEcho IQLifeSci Advisorsdustin.haines@echoiq.aiP: 212-915-2568 jfeffer@lifesciadvisors.com   ABOUT ECHO IQEcho IQ uses AI-driven technology and proprietary software to improve decision making in Cardiology. The company is based in Sydney, Australia.

Access Vascular and Medline Enter Multi-Year Agreement to Launch Cobranded Next-Generation Vascular Access Catheters

BILLERICA, Mass.–(BUSINESS WIRE)–Access Vascular, Inc. (“AVI”), a medical device company specializing in developing advanced vascular access solutions, and Medline, the largest provider of medical-surgical products and supply chain solutions serving all points of care, today announced a multi-year agreement to accelerate the rollout of AVI’s next-generation catheters, HydroMID® and HydroPICC®, which recently received an anti-thrombogenic indication from the FDA. The initiative bolsters Medlin