Financial

Groundbreaking Therapy for Advanced Heart Failure: Repairon Completes Series A Financing to Expand the Clinical Development of Its Regenerative Heart Therapy

GÖTTINGEN, Germany, Oct. 2, 2025 /PRNewswire/ — German biotech company Repairon GmbH announced the completion of a Series A round of financing that will enable further clinical development of its groundbreaking regenerative heart failure therapy. The therapy repairs cardiac function and…

Switchback Medical Announces Strategic Investment From TJC and Combination With LightningCath and Proto Lase

NEW YORK–(BUSINESS WIRE)–Switchback Medical, LLC is pleased to announce a strategic investment from an affiliate of TJC, L.P. (“TJC”), a private investment firm. Switchback Medical, LLC has combined into a single platform with its affiliates LightningCath, Inc. and Proto Lase, Inc. (together, “Switchback” or the “Company”), with the businesses’ founders […]

CorVista Health Appoints Guido Neels and Dino Trevisani to Board of Directors

Veteran MedTech leader Guido Neels joins CorVista, leveraging his experience as EW Healthcare Partners Operating Partner and former Guidant COO.Company founder Dino Trevisani returns to CorVista, bringing decades of global technology expertise from his tenure as IBM Canada’s President and General Manager.The additions come at a pivotal moment as CorVista accelerates toward commercial expansion and broad clinical adoption. BETHESDA, Md., Oct. 01, 2025 (GLOBE NEWSWIRE) — CorVista Health, Inc., a digital health company dedicated to transforming the diagnosis of cardiovascular disease, today announced the appointment of Guido Neels and Dino Trevisani to its Board of Directors. Mr. Neels brings more than four decades of experience in global healthcare leadership and investment. He currently serves as Operating Partner at EW Healthcare Partners and was formerly Chief Operating Officer of Guidant Corporation. At EW, he has played a central role in building and leading the firm’s medical device investment practice. Since joining EW in 2006, Mr. Neels has guided multiple growth-stage companies, and he currently serves on the Boards of Enercon Technologies, Bioventus (both EW Healthcare Partners portfolio companies), and Impulse Dynamics. Previously, as COO of Guidant Corporation, he played a pivotal role in building one of the world’s leading interventional cardiology companies, culminating in Guidant’s $27B acquisition by Boston Scientific – one of the largest transactions in medtech history. During that time, he oversaw operations across four global divisions: Cardiac Rhythm Management, Vascular Intervention, Cardiac Surgery, and Endovascular Solutions while also leading multiple corporate functions, including sales operations, corporate communications, marketing, investor relations, and government relations. Earlier in his career, Mr. Neels held general management, sales, and marketing leadership roles at Eli Lilly & Company in the U.S. and Europe. “Guido’s decision to join our Board is a strong validation of CorVista’s mission and momentum, and his deep expertise in scaling medtech companies and in venture capital will be invaluable to both our leadership team and the company,” said Adrian Lam, Chief Executive Officer of CorVista Health. “His leadership experience at Guidant and his strategic perspective from decades of investing will strengthen our team as we enter our next phase of growth and scale commercially.” Mr. Neels holds a Business Engineering degree from the University of Leuven in Belgium and a Master of Business Administration degree from Stanford University. Mr. Trevisani is the original founder of CorVista, and brings extensive global technology expertise. Notably, he spent 36 years at IBM where he held multiple senior leadership roles, including serving as President and General Manager of IBM Canada, Global Managing Director of Technology, and General Manager of Financial Services for IBM North America. He currently serves as Chief Growth Officer at Unqork. Unqork is the leader in Regenerative Applications and the future of AI enterprise application development. Unqork is built on data driven architecture and entirely separates the logic from code. Mr. Trevisani also serves as an advisor to Tata Communications, one of the world’s leading global digital ecosystem enablers and telecommunications companies, and part of the Tata Group. Mr. Trevisani holds a Bachelor’s Degree in Commerce and Business from McMaster University, an MBA in Accounting and Finance from Cornell University, and an MBA from Queen’s University. In addition to his corporate leadership, he is also a Co-founder of CorVista Health. “Dino’s exceptional track record of driving growth and innovation across the technology and financial services sectors, coupled with his early role in CorVista’s founding, brings invaluable perspective to our Board,” said Tim Attebery, Chairman of the CorVista Health Board of Directors. “Having one of our original founders return at this pivotal stage is a powerful validation of the company’s trajectory and the clear opportunities ahead. His experience scaling global organizations and advancing transformative technologies will be invaluable as CorVista enters its next phase of commercial growth and seeks to accelerate its impact on global cardiovascular care.” “I have spent my career helping advance medical innovation, and CorVista represents one of the most exciting opportunities I have seen. The company is addressing one of the most pressing challenges in cardiovascular disease and has a differentiated strategy and approach to tackle this problem,” said Guido Neels. “As one of the first companies to bring AI to healthcare, CorVista’s innovative diagnostic platform has the potential to change how and where patients are diagnosed, eliminating delays that often are detrimental for patients. I look forward to contributing my experience to support the company’s next phase of growth and impact on global health.” “Having been part of CorVista Health’s founding, I’m thrilled to return to the Board at this defining moment for the company,” said Dino Trevisani. “CorVista’s technology has the power to transform how cardiovascular disease is diagnosed and managed, bringing faster, more accessible insights to physicians and patients when they matter most. The company has made tremendous strides in advancing its platform and readiness for commercialization, and I’m eager to help guide this next phase of growth, innovation, and impact on global heart health.” About CorVista Health CorVista Health is on a mission to transform cardiovascular care with diagnostics that shorten the path from symptoms to diagnosis, empowering earlier treatment and better patient outcomes. We are dedicated to enabling more equitable care by providing access to immediately actionable, high-quality cardiovascular test results for previously underserved patient populations – with the goal of contributing to a future where everyone has timely access to life-saving cardiovascular care. For more information, please visit www.corvista.com. Media Contact:media@corvista.com

SpectraWAVE Appoints Dr. Jonathan Hill, MD as Chief Medical Officer

— Interventional cardiologist with extensive clinical study experience and expertise in intravascular imaging, physiology, and complex PCI to guide worldwide clinical strategy — BEDFORD, Mass.–(BUSINESS WIRE)–SpectraWAVE, Inc., a medical imaging company focused on improving the treatment and outcomes for patients with coronary artery disease (CAD), today announced the appointment of […]

UnitedHealthcare and Cigna Coverage for Cleerly LABS Advanced Plaque Analysis Begins October 1st

DENVER–(BUSINESS WIRE)–Cleerly, the leader in AI-based advanced cardiovascular imaging, today announced that groundbreaking coverage policies from UnitedHealthcare and Cigna for Cleerly® LABS™ advanced plaque analysis will go into effect on October 1st, 2025. These landmark decisions mark a new era in cardiac care, bringing AI-guided quantitative coronary CT angiography (AI-QCT)/Coronary […]

Medera Strengthens Leadership Team with Three Key Executive Appointments

Clinical operations, regulatory affairs, technical expertise, and corporate leadership additions support advancing gene therapy pipeline for cardiovascular diseasesBOSTON, Sept. 30, 2025 (GLOBE NEWSWIRE) — Medera Inc. (“Medera”), a clinical-stage biopharmaceutical company focused on targeting cardiovascular diseases by developing next-generation therapeutics, and its clinical development division, Sardocor, today announced the appointments of three senior executives to strengthen its leadership team. The expanded team includes Fubao Wang, Ph.D., as Chief Regulatory Officer and Chief Technical Officer, Sardocor; James Kim as Chief Corporate Officer, Medera; and Niharika (Niha) Kamat, M.S., as Vice President of Clinical Operations, Sardocor. “These exceptional leaders bring decades of combined experience in gene therapy, clinical operations, regulatory affairs, and corporate finance that will be instrumental as we advance our innovative cardiac gene therapy programs through ongoing clinical trials,” said Ronald Li, Ph.D., CEO and Co-Founder of Medera. “Their proven track records in bringing complex therapies from development through regulatory approval, combined with deep capital markets expertise, align perfectly with our mission to transform treatment for patients with incurable cardiovascular diseases.” Fubao Wang, Ph.D. – Chief Regulatory Officer and Chief Technical Officer, Sardocor Dr. Wang brings over 28 years of pharmaceutical and biotech industry experience across multiple prophylactic and therapeutic areas and product modalities including gene editing, cell and gene therapy, RNA therapeutics, biologics, and vaccines. His product development and regulatory experience encompasses CMC, pre-clinical, early-stage, and late-stage clinical development, global regulatory strategy, submission, approval, and post-approval regulatory maintenance. Dr. Wang served most recently as Senior Vice President, Head of Regulatory Affairs at Prime Medicine and AskBio, and previously as Vice President, Head of Regulatory CMC at Sarepta Therapeutics, Associate Vice President, US site head of CMC Dossiers at Sanofi, and Director of Global and Emerging Markets Regulatory Affairs at Merck. Dr. Wang holds a B.S. in Biology and M.S. in Microbiology from Nankai University, China; Ph.D. in Molecular Biology from University of Heidelberg, Germany, and was trained as a Post-Doctoral Fellow in Molecular Biology and Genetics at Stanford University. James Kim – Chief Corporate Officer, Medera Mr. Kim brings over 20 years of experience in the biopharmaceutical industry as a senior executive and investment banker. In 2024, Mr. Kim served as Chief Financial Officer at TriArm Therapeutics, a private biotechnology company specializing in CAR-T therapies. Prior to his role at TriArm, Mr. Kim was a Managing Director at Stifel, Raymond James, Cantor Fitzgerald, and Jefferies, focused on biopharmaceutical coverage. He has advised on and executed over 100 transactions, totalling approximately $13 billion in mezzanine, public equity, and debt financings, as well as $12 billion in business development and M&A transactions. Mr. Kim holds a Bachelor of Science in Economics from The Wharton School at the University of Pennsylvania. Niharika (Niha) Kamat, M.S. – Vice President of Clinical Operations, Sardocor Ms. Kamat brings nearly 20 years of leadership experience across the medical device, pharmaceutical, and biotechnology sectors, with deep expertise in global Phase 1-3 trials across cardiovascular, liver, hemophilia, and rare disease indications. Prior to joining Sardocor, she served as Head of Clinical Operations at Tenaya Therapeutics, where she led First-in-Human gene therapy trials in cardiovascular disease, implemented dose escalation strategies, and built a high-performing Clinical Operations team. Her earlier roles include leading gene therapy programs for hemophilia at Catalyst Biosciences and nearly a decade at Gilead Sciences managing small molecule trials across all phases in infectious diseases, as well as contributing to cardiovascular medical device development at Abbott Vascular. Ms. Kamat holds a Master’s degree in Bioengineering from the University of Texas at Arlington and a Bachelor’s degree in Biomedical Engineering from Mumbai University. With these strategic leadership appointments, Medera strengthens its position to advance its pipeline of innovative cardiac gene therapies while building the regulatory, clinical operations, and corporate expertise necessary to bring these potentially transformative treatments to patients with significant unmet medical needs. About Medera Inc. Medera is a clinical-stage biopharmaceutical company focused on targeting difficult-to-treat and currently incurable diseases by developing a range of next-generation therapeutics. Medera operates via its two preclinical and clinical business units, Novoheart and Sardocor, respectively. Novoheart capitalizes on the world’s first and award-winning “mini-Heart” Technology for revolutionary disease modelling and drug discovery, uniquely enabling the modelling of human-specific diseases and discovery of therapeutic candidates free from species-specific differences in accordance to the FDA Modernization Act 2.0. Novoheart’s versatile technology platform provides a range of state-of-the-art automation hardware and software as well as screening services, for human-specific disease modelling, therapeutic target discovery and validation, drug toxicity and efficacy screening, and dosage optimization carried out in the context of healthy and/or diseased human heart chambers and tissues. Global pharmaceutical and academic leaders are using Novoheart’s technology platform for their drug discovery and development purposes. The Novoheart platform has facilitated and accelerated the development of Sardocor’s lead therapeutic candidates that are currently in clinical trials. Sardocor is dedicated to the clinical development of novel next-generation therapies for Medera. Leveraging Novoheart’s human-based drug discovery and validation platforms, Sardocor aims to expedite drug development and regulatory timelines for its gene and cell therapy pipeline. Sardocor has received Investigational New Drug (IND) clearances from the FDA for three ongoing AAV-based cardiac gene therapy clinical trials targeting Heart Failure with Reduced Ejection Fraction (HFrEF), Heart Failure with Preserved Ejection Fraction (HFpEF) with the Fast Track Designation, and Duchenne Muscular Dystrophy-associated Cardiomyopathy (DMD-CM) with the Orphan Drug Designation. Additionally, Sardocor’s pipeline includes four preclinical gene therapy and three preclinical small molecule candidates targeting various cardiac, pulmonary, and vascular diseases. For more information, please visit www.medera.bio. Contacts: Ally StubinPublic RelationsICR HealthcareAlly.stubin@icrhealthcare.com646.667.1861 Stephanie CarringtonInvestor RelationsICR HealthcareStephanie.carrington@icrhealthcare.com646.277.1282

Freudenberg Medical Opens Second Production Facility in Costa Rica

$25 million investment to meet growing global demand for medical devices and precision components. Expansion to quadruple manufacturing footprint for high-volume minimally invasive catheters. Leveraging VR and AI for seamless tech transfers and optimized factory layouts. Grand Opening of Freudenberg Medical’s second operation in Costa Rica. Pictured: Keith Kiernan, Chief […]

AstraZeneca launches direct-to-consumer platform to expand access to medications for US patients, including those living with chronic conditions

AstraZeneca Direct is designed to offer greater convenience WILMINGTON, Del.–(BUSINESS WIRE)–AstraZeneca today announces the launch of AstraZeneca Direct, an online platform designed to create a simple, convenient way for eligible patients to access their prescribed medications at a transparent cash price with home delivery. AstraZeneca Direct will support people living […]