The Latest Cardiac and Vascular News
Veteran Baxter Connected Care Executive Christopher Benassi Joins Advisory Board as Company Advances FDA-Cleared Cardiovascular Intelligence Platform WHITE PLAINS, N.Y., July 9, 2026 /PRNewswire/ — Retia Medical, the developer of cardiovascular intelligence software that transforms…
ST. LOUIS and ROUEN, France, July 09, 2026 (GLOBE NEWSWIRE) — Stereotaxis (NYSE: STXS), a pioneer and global leader in surgical robotics for minimally invasive endovascular intervention, today announced that it has completed its previously announced acquisition of Robocath, an innovator of robotic technologies for interventional cardiology and neurointerventions. Robocath will now be fully integrated into Stereotaxis, combining complementary technologies and expertise to accelerate the development of next-generation robotic solutions for electrophysiology, interventional cardiology, and neurointerventions. The combined platform strengthens Stereotaxis’s position as the leader in robotic technologies across the full spectrum of endovascular procedures. “We’re very excited to join Stereotaxis,” said Philippe Bencteux, Robocath Founder and CEO. “Combining the strengths, expertise, and technologies of two pioneers in endovascular robotics, we now have the opportunity to accelerate innovation, expand our global reach, and bring robotic solutions to many more physicians and patients around the world.” “The addition of Robocath’s technology and team to Stereotaxis accelerates our strategy, enhances our technological leadership, provides attractive commercial synergies in an expanded addressable market, and supports new strategic opportunities,” said David Fischel, Stereotaxis Chairman and CEO. About StereotaxisStereotaxis (NYSE: STXS) is a pioneer and global leader in innovative surgical robotics for minimally invasive endovascular intervention. Its mission is the discovery, development and delivery of robotic systems, instruments, and information solutions for the interventional laboratory. These innovations help physicians provide unsurpassed patient care with robotic precision and safety, expand access to minimally invasive therapy, and enhance the productivity, connectivity, and intelligence in the operating room. Stereotaxis technology has been used to treat over 150,000 patients across the United States, Europe, Asia, and elsewhere. For more information, please visit www.stereotaxis.com. About RobocathFounded in 2009 by Philippe Bencteux, MD, Robocath designs, develops and markets smart robotic solutions to treat cardiovascular and neurovascular diseases. Robocath robotic solutions integrate a unique bionic technology that optimizes the safety of robotic-assisted coronary angioplasty. Robocath’s robotic solutions are designed to operate with precision and perform accurate movements, creating better interventional conditions. Robocath has obtained CE and NMPA certifications for its first robotic solution. Several multicenter clinical studies have been conducted, and a meta-analysis has demonstrated R-One’s safety and efficacy as it achieved more than 98% technical procedure success with no major adverse cardiovascular events. Currently R-One is used in Europe and China. Robocath, based in Rouen (France), a world leader in vascular robotics, continues to push the boundaries of interventional cardiology technology by developing smart digital solutions. Its ambition is to guarantee equal access to treatment for vascular emergencies through the development of remote interventions, offering the best care for all. Cautionary Note Regarding Forward-Looking StatementsThis press release includes statements that may constitute “forward-looking” statements, usually containing the words “believe”, “estimate”, “project”, “expect” or similar expressions. These forward-looking statements include without limitation statements regarding the recently completed acquisition of Robocath, the anticipated financial performance of Stereotaxis and Robocath related thereto, including the anticipated benefits expected from the acquisition, the potential strategic implications as a result of the acquisition, and the potential for achievement of the regulatory and commercial milestones that would trigger contingent payments in the transaction. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially. Factors that would cause or contribute to such differences include, but are not limited to, uncertainties involving the following: the ability of Stereotaxis to successfully integrate Robocath’s operations, and continue the commercialization, development and sales of Robocath’s products and services, and disruption of Robocath’s or Stereotaxis’s current plans and operations as a result thereof; the ability of Robocath or Stereotaxis to retain and hire key personnel; competitive responses to the proposed transaction; unexpected costs, charges or expenses resulting from the proposed transaction; the ability of Stereotaxis to implement its plans, forecasts and other expectations with respect to Robocath’s business following the completion of the transaction and realize additional opportunities for growth and innovation; the ability of Stereotaxis to realize the anticipated benefits from the transaction in the anticipated amounts or within the anticipated timeframes or at all; the ability to maintain relationships with Stereotaxis’s and Robocath’s respective employees, customers, other business partners and governmental authorities; and the other risks discussed in the Company’s periodic and other filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release. Additional information will also be set forth in future filings that we make with the SEC from time to time. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we do not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made. There can be no assurance that the Company will recognize revenue related to its purchase orders and other commitments because some of these purchase orders and other commitments are subject to contingencies that are outside of the Company’s control and may be revised, modified, delayed, or canceled. Company Contacts:David L. FischelChairman and Chief Executive Officer Kimberly R. Peery Chief Financial Officer 314-678-6100Investors@Stereotaxis.com
DALLAS, TX, UNITED STATES, July 7, 2026 /EINPresswire.com/ — Solaris Endovascular, Inc., a medical technology company developing next-generation drug-eluting covered stents for the treatment of vascular disease, today announced the appointment of Rowan Hettel as Chief Technology Officer (CTO) and David Stack as an independent member of its Board of Directors. The appointments strengthen […]
PITTSBURGH, July 07, 2026 (GLOBE NEWSWIRE) — Catalyst MedTech, a leader in nuclear medicine and molecular imaging solutions, today announced a strategic channel partnership with APQ Health to expand access to advanced cardiac CT angiography (CCTA) visualization and plaque analysis services. As clinical guidelines and demand continue to shift toward earlier detection and more personalized risk assessment, scalable access to advanced plaque analysis is becoming increasingly important in the management of coronary artery disease. Cardiac CT continues to gain adoption as a front-line diagnostic tool for chest pain and healthcare providers are increasingly seeking ways to move beyond traditional anatomical assessment toward more advanced, quantitative plaque analysis. However, many organizations face barriers including limited access to specialized software, workflow complexity, and lack of scalable analysis capabilities, often preventing broader adoption and consistent clinical utilization. Through this partnership, Catalyst MedTech will introduce APQ Health’s coronary CTA viewer software and Autoplaque® analysis services to healthcare providers—enabling a streamlined workflow that combines on-site image review with access to advanced, FDA-cleared plaque quantification and reporting. Customers working with Catalyst MedTech will gain access to on-premises CCTA visualization tools alongside optional remote plaque analysis services performed by APQ Health, delivering quantitative plaque characterization reports designed to support physician interpretation and documentation workflows for advanced plaque analysis, including applicable reimbursement pathways, with rapid turnaround — without the need to build internal analysis infrastructure. Catalyst MedTech offers this solution configured on new and refurbished PET/CT systems, new and refurbished CT angiography systems, and as an upgrade to existing PET/CT or CT systems—providing a flexible, scalable pathway for customers to adopt advanced cardiac CT analysis based on their current infrastructure and clinical goals. By addressing both workflow and analysis challenges, the partnership enables providers to more efficiently integrate advanced CCTA capabilities into routine clinical practice supporting physician interpretation, cardiovascular assessment and longitudinal evaluation over time. This approach also helps expand access to advanced cardiac imaging while reducing operational burden on clinical teams. This partnership represents a natural extension of Catalyst MedTech’s commitment to delivering integrated imaging solutions—bridging advanced imaging technologies with clinical workflow and FDA-cleared AI-powered quantitative analysis. By combining Catalyst’s commercial, technical, and clinical support capabilities with APQ Health’s specialized analysis platform, healthcare providers can expand their cardiac imaging capabilities with greater efficiency and confidence. “This partnership allows us to extend beyond imaging alone and into advanced quantitative analysis and clinical workflow,” said Martin Shirley, President & CEO of Catalyst MedTech. “By working with APQ Health, we are enabling our customers to access sophisticated plaque analysis capabilities as part of a more complete cardiac imaging solution.” “We are excited to partner with Catalyst MedTech to expand access to advanced AI-driven plaque analysis and CCTA workflow solutions,” said Damini Dey, Chief Scientific Officer at APQ Health. “Catalyst MedTech’s strong commercial reach, technical expertise and clinical infrastructure make them an ideal channel partner to help bring these capabilities to more providers.” About APQ Health APQ Health is a health technology company specializing in AI-powered, automated quantitative analysis of 3D medical images, with a focus on cardiovascular diagnostics. APQ Health is the exclusive worldwide licensee of the Autoplaque®, a cutting-edge AI software platform developed at Cedars-Sinai by the founders of APQ Health. Autoplaque® delivers AI-driven quantitative analysis and characterization of coronary plaque burden, plaque features, and stenosis from CCTA scans. APQ Health’s mission is to translate clinically validated imaging innovations into practical tools that provide physicians with quantitative information to support clinical evaluation. Automated Personalized Quantitative Health www.apqhealth.comMedia Contact: info@apqhealth.com About Catalyst MedTech Catalyst MedTech is a national leader in nuclear medicine and molecular imaging, delivering equipment, service, and clinical solutions to healthcare providers across the United States. Our purpose is to provide access to advanced diagnostic imaging so that patients get the care and treatment they need. As both an OEM innovator and ISO-certified service provider, Catalyst offers a comprehensive, multi-vendor approach that enables healthcare organizations to overcome barriers and expand access to advanced diagnostic imaging. The company supports cardiology, neurology, and oncology through advanced imaging technologies, including SPECT, PET, PET/CT, and optimized Brain PET. With one of the largest multi-vendor service networks in the country and a nationwide team of clinical and technical experts, Catalyst ensures imaging programs operate efficiently, reliably, and at scale. See What’s Possible.www.catalystmedtech.com Media Contact:Kate KinsellDirector of MarketingCatalyst MedTechkkinsell@catalystmedtech.com
Leading Vascular Specialist and Penumbra Chief Medical Officer Joins GuideAI to Help Advance Its Recently FDA-Cleared VAOT Triage SoftwareBOSTON, July 06, 2026 (GLOBE NEWSWIRE) — GuideAI Health Corp. (Cboe CA: GDAI) (“GuideAI” or the “Company”) recently received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for VascularAssist Occlusion Triage (VAOT) (please see news release dated June 22nd, 2026), the Company’s artificial intelligence software designed to support the prioritization and triage of vascular occlusion in the lower extremities. Building on this milestone, the Company is pleased to announce the appointment of James F. Benenati, MD, FSIR, a board-certified interventional radiologist and recognized leader in vascular medicine, to its Advisory Board. Dr. Benenati brings more than three decades of clinical, research, and industry leadership in vascular care to support GuideAI’s mission of detecting vascular disease earlier and improving treatment precision through artificial intelligence. VAOT is a Class II, AI-based Software as a Medical Device (SaMD) operating as a Computer-Aided Triage and Notification device (CADt). The software aims to assist radiologists in identifying and characterizing peripheral arterial disease (PAD), a leading contributor to both acute and chronic limb ischemia, by flagging suspected vascular occlusion for prioritized review within existing imaging workflows. By surfacing high-priority cases earlier, VAOT is designed to help clinical teams reduce time to diagnosis and intervention for patients at risk of limb-threatening disease. Dr. Benenati currently serves as Chief Medical Officer of Penumbra, Inc., where he also oversees the company’s clinical research efforts. Prior to that, he practiced interventional radiology at the Miami Cardiac & Vascular Institute at Baptist Hospital for 31 years, including roles as medical director of the noninvasive vascular laboratory and fellowship program director. He is a clinical professor of radiology at the Florida International University Herbert Wertheim College of Medicine and a collaborative professor of radiology at the University of South Florida Morsani College of Medicine. A past President of the Society of Interventional Radiology (SIR), Dr. Benenati has received the SIR Gold Medal and the Charles T. Dotter Award, and has authored more than 150 scientific publications and book chapters. “Vascular disease remains one of the most underdiagnosed and costly health challenges we face, and far too many cases are caught only after serious harm has been done,” said Dr. Benenati. “GuideAI is tackling this problem at its root by bringing AI-powered early detection into routine imaging workflows. I’m excited to support a team working to give clinicians the tools to identify disease sooner and guide patients toward the right treatment.” Raj Shah, MD, MBA, Chief Executive Officer of GuideAI Health, commented, “We are honoured to welcome Dr. Benenati to our Advisory Board. As one of the most respected voices in interventional radiology and vascular care, his clinical expertise, research leadership, and deep understanding of the treatment landscape will be invaluable as we advance our platform.” About GuideAI Health Corp. GuideAI Health Corp. is a healthcare technology company using artificial intelligence to enable the early detection of vascular disease and support more precise treatment decisions. Its platform analyzes routine CT scans to identify peripheral vascular disease. By surfacing disease earlier, GuideAI aims to improve patient outcomes while helping hospitals and radiology groups deliver more comprehensive vascular care. For more information, please visit www.guideaihealth.com. On Behalf of the Board of Directors: Raj Shah CEO Contact: Phone: (416) 309-3583Email: info@guideaihealth.com Cautionary Note Regarding Forward-Looking Statements This news release contains certain “forward-looking statements” and “forward-looking information” within the meaning of applicable Canadian securities laws. Forward-looking statements include, but are not limited to, the intended design and use of VAOT and the Company’s vision. These statements are based on assumptions and expectations that management considers reasonable as of the date of this release. Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied. Such factors include, among others, the risks described in the Company’s public disclosure documents available under its profile on SEDAR+ at www.sedarplus.ca. Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Cboe Canada has not reviewed, approved, or disapproved the contents of this news release, and does not accept responsibility for the adequacy or accuracy of this release.
BETHESDA, Md.–(BUSINESS WIRE)–CorVista Health, has announced that the American Medical Association (AMA) has granted a new Category III Current Procedural Terminology (CPT®) code for novel augmentative AI algorithmic analysis of potential coronary artery disease (CAD), pulmonary hypertension (PH), and elevated pulmonary capillary wedge pressure (PCWP). The new code encompasses the FDA-cleared CorVista® System for CAD and PH, as well as the anticipated PCWP Add-On algorithm which is currently
Ad hoc announcement pursuant to Art. 53 LR Idorsia appoints Roland Wandeler as CEO – effective October 1, 2026 – an experienced biopharmaceutical executive combining scientific expertise with business acumen to translate innovation into performance and lead Idorsia’s next phase of growthAllschwil, Switzerland – July 1, 2026Idorsia Ltd (SIX: IDIA) today announced the appointment of Roland Wandeler, PhD, as Chief Executive Officer (CEO), effective October 1, 2026. The appointment comes at a pivotal stage for Idorsia, as the company continues to execute its strategy to accelerate growth and unlock the full value of its innovative portfolio. Roland Wandeler will succeed Jean-Paul Clozel, MD, who has been serving as ad-interim CEO since March 2026 and will continue in his role as Chairman of the Board of Directors. Jean-Paul Clozel will remain CEO until October 1, 2026, ensuring full continuity in the execution of Idorsia’s strategic priorities. A leader with broad global experience across pharma and biotechRoland Wandeler, PhD, is a global biopharmaceutical executive with more than 25 years of leadership experience across the United States, Europe, and international markets. He currently serves as President, Biopharma at Grifols, where he leads a multi-billion-dollar global business. Previously, he held senior leadership roles at Amgen, including leading a major US business unit, and served as Chief Operating Officer of MorphoSys. He holds a PhD in technical sciences from ETH Zurich. Gabriel Baertschi, Chair of Idorsia’s Nominating, Governance & Compensation Committee, commented:“Following a comprehensive and rigorous global search, we are very pleased to appoint Roland Wandeler as CEO of Idorsia. He brings extensive experience across both Europe and the United States, spanning large pharmaceutical organizations and more entrepreneurial biotech environments. His scientific background, combined with a strong track record in building and leading teams and delivering commercial success, positions him strongly to take the reins. Roland understands both the dynamics of large markets and the realities of local execution, making him ideally suited to lead Idorsia through its next phase of growth.” Selecting the right leaderThe Board placed particular emphasis on identifying a leader with a long-term focus, a strong alignment with the company’s vision, and who can nurture a culture of innovation, ambition, and a pragmatic, hands-on approach. Jean-Paul Clozel, MD, Chairman of the Board and ad-interim CEO, commented:“Roland and the Board are fully aligned on Idorsia’s vision to create long-term value through innovative medicines that address significant medical needs. Our priority is to focus the organization on the activities that drive growth and maximize the impact of our portfolio. Idorsia has a unique culture rooted in science, combined with ambition and entrepreneurial spirit, and I am confident that Roland will build on this foundation and successfully advance the company.” A compelling portfolio and strong momentumRoland Wandeler, PhD, commented:“I am honored to join Idorsia and to work alongside a team that has built such a remarkable culture of scientific innovation and commitment to patients. What attracted me most is the combination of world-class science, meaningful therapies, and talented people united by a clear purpose: improving the lives of patients.” “I have been particularly impressed by the global potential of QUVIVIQ, a best-in-class therapy in insomnia, that is already helping patients around the world today, with further opportunities following the recent positive pediatric data. At the same time, innovative treatments such as TRYVIO/JERAYGO, targeting a novel pathway in hypertension; lucerastat for Fabry disease; and a compound with the potential to remyelinate in multiple sclerosis, underscore the strength of Idorsia’s late-stage and emerging pipeline and its ability to redefine standards of care.” “This combination of outstanding science and a company that has successfully navigated a financial turnaround creates a compelling opportunity. I am excited to work with the team to accelerate growth, and deliver lasting impact for patients, while creating long-term value for all our stakeholders.” Broadening commercial and partnering expertise within the executive leadership team Benjamin Limal, President Europe & International Markets, will join the Idorsia Executive Committee following strong performance across the region, where the launch and expansion of QUVIVIQ have driven accelerating uptake across key markets. Dominique Le Terrier, General Manager of France & Benelux, will assume the newly created role of Head of Global Commercial Strategy & New Product Planning and also join the Executive Committee, where he will lead global commercialization strategies for pipeline and launch assets from Phase 2 onwards, supporting future launches and portfolio value creation. Idorsia has also appointed Begoña Carreño-Gómez as Chief Business Development Officer and member of the Idorsia Executive Committee, effective November 1, 2026. She brings extensive experience in business development and licensing across both large pharmaceutical organizations and entrepreneurial biotech environments. With a strong scientific background and a proven track record in structuring partnerships and complex transactions, she will play a key role in maximizing the value of Idorsia’s portfolio by advancing strategic partnerships across assets at all stages of development, from research and platform technologies to clinical-stage and commercial products. Notes to the editor About Roland WandelerRoland Wandeler, PhD, is a global biopharmaceutical executive with more than 25 years of leadership experience across the United States, Europe, and international markets. He has a proven track record of driving commercial performance, leading organizational transformation, and delivering sustainable growth in complex and evolving healthcare environments. He currently serves as President, Biopharma at Grifols, where he leads the company’s core division, representing the majority of group revenues and overseeing a global organization with business in over 100 markets. In this role, he has strengthened financial discipline, accelerated profitable growth, and contributed to shaping enterprise strategy while engaging actively with equity and credit investors. Prior to joining Grifols, Roland Wandeler held senior leadership roles at Amgen, including Corporate Vice President and General Manager of one of the company’s largest US business units. There, he led a successful commercial turnaround, drove strong revenue and profitability growth, and implemented pricing and market access strategies to expand patient access in the United States. He also led Amgen’s operations in Germany and Iberia as General Manager, where he restored growth and improved organizational performance. He previously served as Chief Operating Officer of MorphoSys, where he played an important role in transforming the company from a research-focused organization into an integrated, US-oriented biotech with global commercial capabilities. Earlier in his career, Roland Wandeler was a consultant at The Boston Consulting Group, focusing on healthcare strategy and transformation for leading pharmaceutical and biotechnology companies in Europe and the United States. Roland Wandeler holds a PhD in technical sciences (Dr. sc. techn.) from ETH Zurich, where he graduated with distinction and received the ETH Medal for his doctoral work. He also holds a Master’s degree in Chemical Engineering (Dipl. Chem.-Ing ETH) from ETH Zurich. He is a Swiss national with international experience and has lived and worked extensively in different parts of both Europe and the United States. He is fluent in English and German and proficient in Spanish. About Begoña Carreño-GómezBegoña Carreño-Gómez, PhD, is a biopharmaceutical business development executive with more than 20 years of experience spanning research, strategy, and deal-making across global pharmaceutical and biotechnology companies. She most recently served as Chief Business Development Officer at Aspeya, where she built and led the company’s business development and licensing function. In this role, she executed more than 15 transactions across licensing, co-development, divestments, and strategic collaborations, creating significant value from a diversified portfolio of assets. Prior to Aspeya, Begoña was Global Business Development & Licensing Head (BD&L) in the Ophthalmology franchise at Novartis Pharma, AG, based in Basel. She has led BD&L efforts at Novartis across five different therapeutic franchises (respiratory, cardiovascular, metabolism, arthritis, bone and musculoskeletal diseases), as well as a proven track record in licensing deals and M&A. Before joining Novartis, she was the Head of External Pharmaceutical projects at Almirall (Barcelona, Spain). Dr. Carreño holds a PhD in Drug Delivery from the London School of Pharmacy, a 3-year Postdoctoral Research fellow at the Centre for Polymer Therapeutics (London School of Pharmacy, UK) and a BSc in Biochemistry from Keele University (UK). About IdorsiaThe purpose of Idorsia is to discover, develop and commercialize innovative medicines to help more patients. To achieve this, we will develop Idorsia into a leading biopharmaceutical company, with a strong scientific core. Headquartered near Basel, Switzerland – a European biotech hub – Idorsia has a highly experienced team of dedicated professionals, covering all disciplines from bench to bedside; QUVIVIQ™ (daridorexant), a different kind of insomnia treatment with the potential to revolutionize this mounting public health concern; strong partners to maximize the value of our portfolio; a promising in-house development pipeline; and a specialized drug discovery engine focused on small-molecule drugs that can change the treatment paradigm for many patients. Idorsia is listed on the SIX Swiss Exchange (ticker symbol: IDIA). For further information, please contact:Investor & Media RelationsIdorsia Pharmaceuticals Ltd, Hegenheimermattweg 91, CH-4123 Allschwil+41 58 844 10 10investor.relations@idorsia.com – media.relations@idorsia.com – www.idorsia.com The above information contains certain “forward-looking statements”, relating to the company’s business, which can be identified by the use of forward-looking terminology such as “intend”, “estimates”, “believes”, “expects”, “may”, “are expected to”, “will”, “will continue”, “should”, “would be”, “seeks”, “pending” or “anticipates” or similar expressions, or by discussions of strategy, plans or intentions. Such statements include descriptions of the company’s investment and research and development programs, business development activities and anticipated expenditures in connection therewith, descriptions of new products expected to be introduced by the company and anticipated customer demand for such products and products in the company’s existing portfolio. Such statements reflect the current views of the company with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause the actual results, performance or achievements of the company to be materially different from any future results, performances or achievements that may be expressed or implied by such forward-looking statements. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated or expected. Idorsia has transferred its rights for aprocitentan, cenerimod and selatogrel to Idorsia Investments SARL to allow the repayment of notes issued in connection with the repurchase offer completed in August 2025. More details on the transfer can be found in the press release issued on May 21, 2025, and on the exchange offer in the press release issued on August 27, 2025.
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GREENBRAE, Calif.–(BUSINESS WIRE)– #Marin–MarinHealth today announced the official launch of the Haynes Heart & Vascular Institute, recognizing the transformational generosity and enduring legacy of the late Bill Haynes and Reta Haynes, whose vision and philanthropy helped shape one of the North Bay’s premier cardiovascular programs. The naming of the Institute celebrates the Haynes family’s longstanding commitment to advancing heart care and reflects MarinHealth’s continued investment in innovat
$3 million upfront with up to approximately $5.8 million of potential additional gross proceeds upon the exercise in full of warrants Net proceeds anticipated to extend cash runway into first quarter of 2027; if warrants are exercised in full for cash, it is anticipated that the cash runway would extend into second half of 2027 to advance partnering opportunities for tecarfarin in Kawasaki Disease (potential rare pediatric disease designation) and CAD-1005 in CSA-AKI and HIT PONTE VEDRA, Fla., June 30, 2026 (GLOBE NEWSWIRE) — Cadrenal Therapeutics, Inc. (Nasdaq: CVKD) (the “Company”), a biopharmaceutical company advancing late-stage novel therapies for life-threatening immune and thrombotic conditions, today announced that it has entered into a definitive agreement with a single healthcare-focused institutional investor for the issuance and sale of 960,000 shares of its common stock (or pre-funded warrants in lieu thereof), series C-1 warrants to purchase up to an aggregate of 960,000 shares of common stock and series C-2 warrants to purchase up to an aggregate of 960,000 shares of common stock, at a combined purchase price of $3.125 per share (or pre-funded warrant in lieu thereof) and accompanying warrants in a private placement priced at-the-market under Nasdaq rules. H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering. The series C-1 warrants will have an exercise price of $3.00 per share, will be exercisable beginning on the effective date of stockholder approval of the issuance of the shares of common stock issuable upon exercise of the series C-1 warrants (the “Stockholder Approval Date”) and will expire five years after the later of (i) the Stockholder Approval Date and (ii) the effective date of a resale registration statement registering for resale all of the shares of common stock underlying the series C-1 warrants. The series C-2 warrants will have an exercise price of $3.00 per share, will be exercisable immediately upon issuance, and will expire twenty-four months after the effective date of a resale registration statement registering for resale all of the shares of common stock and the shares of common stock underlying the series C-2 warrants. The aggregate gross proceeds to the Company from the offering are expected to be $3 million, before deducting placement agent fees and other offering expenses. The potential additional gross proceeds to the Company from the series C-1 warrants and the series C-2 warrants, if fully exercised on a cash basis, will be approximately $5.8 million. No assurance can be given that any of the warrants will be exercised, or that the Company will receive cash proceeds from the exercise of the warrants. The offering is expected to close on or about July 1, 2026, subject to the satisfaction of customary closing conditions. The Company intends to use the net proceeds from the offering for working capital purposes. The securities described above were offered in a private placement under Section 4(a)(2) of the Securities Act of 1933, as amended (the “Act”) and Regulation D promulgated thereunder and, along with the shares of common stock underlying the warrants sold in the offering, have not been registered under the Act or applicable state securities laws. Accordingly, such securities may not be offered or sold in the United States absent registration with the Securities and Exchange Commission (“SEC”) or an applicable exemption from such registration requirements. Pursuant to a registration rights agreement, the Company has agreed to file one or more registration statements with the SEC covering the resale of the unregistered securities to be issued in the offering. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About Cadrenal Therapeutics, Inc. Cadrenal Therapeutics, Inc. is a late-stage biopharmaceutical company advancing novel therapies for life-threatening immune and thrombotic conditions. Its lead program, CAD-1005, is being investigated as a first-in-class 12-LOX inhibitor for heparin-induced thrombocytopenia (HIT), a deadly immune-mediated thrombotic disorder, and Cardiac Surgery-Associated Acute Kidney Injury (CSA-AKI). CAD-1005 has received Orphan Drug and Fast Track designations from the U.S. Food and Drug Administration and orphan drug status from the European Medicines Agency. Second-generation 12-LOX oral therapeutics are also in development for chronic indications. The Company’s broader pipeline includes tecarfarin, a late-stage oral vitamin K antagonist designed to prevent heart attacks, strokes, and deaths from blood clots in patients requiring chronic anticoagulation, including those with end-stage kidney disease, those with left ventricular assist devices, and potentially, those with Kawasaki disease (KD), an acute self-limited febrile illness that primarily affects children
KIRKLAND, Wash., June 30, 2026 (GLOBE NEWSWIRE) — Kestra Medical Technologies, Ltd. (Nasdaq: KMTS), a leading wearable medical device and digital healthcare company, is scheduled to report fourth quarter fiscal 2026 financial results after the market closes on Tuesday, July 14. Management will host a conference call at 4:30 p.m. Eastern Time to discuss financial results. A live and archived webcast of the conference call will be available in the “Events” section of the investor relations website. About KestraKestra Medical Technologies, Ltd. is a leading wearable medical device and digital healthcare company focused on transforming patient outcomes in cardiovascular disease using monitoring and therapeutic intervention technologies that are intuitive, intelligent, and connected. For more information, visit www.kestramedical.com. CONTACT: Investor contact
Neil Bhalodkar
neil.bhalodkar@kestramedical.com
