middle.news

EBR Systems Secures A$55.9M to Launch FDA-Approved Wireless Cardiac Device

1:52am on Monday 2nd of June, 2025 AEST Healthcare
Read Story

EBR Systems Secures A$55.9M to Launch FDA-Approved Wireless Cardiac Device

1:52am on Monday 2nd of June, 2025 AEST
Key Points
  • A$55.9 million institutional placement at A$1.00 per CDI completed
  • FDA-approved WiSE CRT system targeting limited market release in H2 2025
  • CMS inpatient reimbursement eligibility confirmed; outpatient pending final approval
  • Pro-forma cash balance of US$84 million supports operations into Q4 2026
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Ebr Systems (ASX:EBR)
OPEN ARTICLE