Expansion of Symvess Approvals
The number of civilian hospitals eligible to purchase Symvess increased from 5 to 82, and an additional 40 VAC sites are currently reviewing the product.
First Military Sale and ECAT Listing
Recorded the first sale to a U.S. military facility and received ECAT listing approval, making Symvess available to 35 military treatment facilities and 160 VA hospitals.
V007 Phase III Trial Success
Presented successful results from the V007 Phase III trial at the Society of Vascular Surgery Annual Meeting, showing significant improvements in patency and usability.
Sales Surge in July
July product sales of approximately $0.3 million exceeded total sales for the first half of the year.
Significant Cost Reductions
Implemented a plan to reduce workforce and costs, estimating savings up to $38 million in 2026.