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Nuwellis NUWE · USD

Health Care · US listing · 🇺🇸 United States

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4.94

+7.86%

Close of 9 Nov 2026, in USD

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About Nuwellis

From its filings with the US Securities and Exchange Commission

SEC filings

Nuwellis is based in Eden Prairie, Minnesota and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker NUWE. The SEC classifies its business as electromedical & electrotherapeutic apparatus. In the fiscal year to 31 December 2025, it reported revenue of $8.3m and a net loss of $17.5m. At that date it held total assets of $6.1m and shareholders' equity of $2.6m.

In its own words

Nuwellis is dedicated to advancing cardiorenal care by enabling earlier, safer, and more controlled fluid management for patients. The company is focused on developing, manufacturing, and commercializing medical devices used in ultrafiltration therapy, including the Aquadex FlexFlow® and the Aquadex SmartFlow® systems (collectively the “Aquadex System”). The Aquadex SmartFlow® system is indicated for temporary (up to eight 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.

Please note that selected authors in the citations below are either current consultants to the Company or were previously compensated consultants. Each author typically is required to disclose any actual or potential conflicts of interest at the time they submitted their written manuscript to the potential publication. Dr. Sean Pinney for example, was the principal investigator under the Company’s former REVERSE-HF heart failure clinical study. Additionally, Dr. Maria Rosa Costanzo, joined the Company’s Board of Directors in September 2019, though many of her cited publications preceded her membership on the Board of Directors. She resigned from the Board of Directors on January 21, 2026, which was not the result of any disagreement with Nuwellis regarding its operations, policies, or practices. Since joining the Company’s Board, Dr.

Quoted from its 10-K, filed 11 Mar 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Health Care
Industry
Health Care Equipment & Supplies
Listed since
16 Feb 2012
Employees
70
Head office
12988 VALLEY VIEW ROAD, EDEN PRAIRIE, MN, 55344
Incorporated in
DE
Classification
Electromedical & Electrotherapeutic Apparatus
Filer status
Non-accelerated filer<br>Smaller reporting company

Leadership

Pay as last reported

  • Mr. John ErbChairman of the Board, Interim President and Interim Chief Executive Officer, since 2012$49,300
  • Mr. Robert ScottChief Financial Officer$269,956
  • Mr. Neil AyotteSenior Vice President, General Counsel, Secretary and Chief Compliance Officer$306,987
  • Mr. Michael MccormickLead Independent Director$72,607
  • Dr. Maria CostanzoIndependent Director$41,084
  • Dr. Archelle GeorgiouIndependent Director$56,399
  • Mr. David McdonaldIndependent Director$54,345
  • Mr. Gregory WallerIndependent Director$53,409

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • The company employs 70 full-time staff members.
  • It operates as a specialized medical device firm.
  • The Aquadex System targets fluid overload patients.

Weaknesses

  • The firm has a small workforce of 70 people.
  • It relies on a single product family for revenue.
  • The market for ultrafiltration therapy is niche.

Opportunities

  • The Aquadex SmartFlow serves pediatric patients over 20 kg.
  • The system addresses patients unresponsive to diuretics.
  • Extended use indications expand potential patient pools.

Threats

  • Competitors may develop superior ultrafiltration technologies.
  • Regulatory changes could impact device approvals.
  • Healthcare cost pressures may limit adoption rates.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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