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EBR Systems Secures A$55.9M to Launch FDA-Approved Wireless Cardiac Device
1:34pm on Thursday 22nd of May, 2025 AEST
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Healthcare
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EBR Systems Secures A$55.9M to Launch FDA-Approved Wireless Cardiac Device
1:34pm on Thursday 22nd of May, 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
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EBR Systems (ASX:EBR)
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