Electromed, Inc. Announces Hospital Market Release SmartVest Clearway, Fifth Generation HFCWO Airway Clearance Generator
01 Novembro 2023 - 5:05PM
Business Wire
Electromed, Inc. (NYSE American: ELMD) a leader in innovative
airway clearance technologies, today announced its launch of the
SmartVest® Clearway® Airway Clearance System to the hospital market
for inpatient use. The SmartVest Clearway system, which is designed
for High Frequency Chest Wall Oscillation (“HFCWO”) therapy, offers
an updated and efficient approach to pulmonary hygiene in the
inpatient setting with proven patient outcomes.1
The SmartVest Clearway system uses HFCWO, a clinically proven
therapy that helps clear the lungs of excess secretions, thereby
reducing the risk of respiratory infections.1 HFCWO delivers
alternating pulses of air into a vest garment that rapidly
compresses and releases the chest wall, resulting in an oscillation
in airflow within the airways that acts to loosen, thin, and propel
mucus toward the major airways where it can be expectorated.
“SmartVest Clearway provides therapeutic relief for patients
suffering from ineffective secretion clearance due to muscle
weakness, ineffective cough, or impaired ventilation. The intuitive
system is designed to help hospital staff speed patient recovery
for patients with dysfunctional airway clearance,” commented Jim
Cunniff, President and Chief Executive Officer of Electromed. “We
are proud to further our mission in assisting more patients to
breathe easier, improve their quality of life, and prevent hospital
readmissions.”
About Electromed, Inc.
Electromed manufactures, markets, and sells products that
provide airway clearance therapy, including the SmartVest® Airway
Clearance System, to patients with compromised pulmonary function.
It is headquartered in New Prague, Minnesota and founded in 1992.
Further information about Electromed can be found at
www.smartvest.com.
Cautionary Statements
Certain statements in this press release constitute
forward-looking statements as defined in the U.S. Private
Securities Litigation Reform Act of 1995. Forward-looking
statements can generally be identified by words such as
“anticipate,” “assume,” “believe,” “expect,” “may,” “potential,”
“should,” “will,” and similar expressions, including the negative
of these terms, but they are not the exclusive means of identifying
such statements. Forward-looking statements cannot be guaranteed,
and actual results may vary materially due to the uncertainties and
risks, known or unknown associated with such statements. Examples
of risks and uncertainties for the Company include, but are not
limited to, the duration, extent and severity of the COVID-19
pandemic, including its effects on our business, supply chain,
operations and employees as well as its impact on our customers and
distribution channels and on economies and markets more generally;
the competitive nature of our market; changes to Medicare,
Medicaid, or private insurance reimbursement policies; changes to
state and federal health care laws; changes affecting the medical
device industry; our ability to develop new sales channels for our
products such as the homecare distributor channel; our need to
maintain regulatory compliance and to gain future regulatory
approvals and clearances; new drug or pharmaceutical discoveries;
general economic and business conditions; our ability to renew our
line of credit or obtain additional credit as necessary; our
ability to protect and expand our intellectual property portfolio;
the risks associated with expansion into international markets, as
well as other factors we may describe from time to time in the
Company’s reports filed with the Securities and Exchange Commission
(including the Company’s most recent Annual Report on Form 10-K, as
amended from time to time, and subsequent Quarterly Reports on Form
10-Q and Current Reports on Form 8-K). Investors should not
consider any list of such factors to be an exhaustive statement of
all of the risks, uncertainties or potentially inaccurate
assumptions investors should take into account when making
investment decisions. Shareholders and other readers should not
place undue reliance on “forward-looking statements,” as such
statements speak only as of the date of this press release. We
undertake no obligation to update them in light of new information
or future events.
1 Sievert CE, et al. 2016. Respiratory Therapy, 11(4),
34–38.
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version on businesswire.com: https://www.businesswire.com/news/home/20231101864632/en/
Brad Nagel, Chief Financial Officer (952) 758-9299
investorrelations@electromed.com
Mike Cavanaugh, Investor Relations ICR Westwicke (617) 877-9641
mike.cavanaugh@westwicke.com
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