FDA Clearance of ReWalk 7
Lifeward received FDA clearance for the ReWalk 7, the next generation exoskeleton, marking significant progress in their product offerings.
Partnership with CorLife
Lifeward entered into a partnership with CorLife to improve access in the workers' compensation segment, aiming to drive profitable growth.
Expansion in Germany
The ReWalk contract with BARMER in Germany was expanded, potentially setting a model for working with other insurers in the region.
Increase in Qualified ReWalk Leads
The pipeline of qualified ReWalk leads in the US increased by over 70% in the past two quarters.
AlterG Product Growth
AlterG products grew by 19% and 17% in the last two quarters, with a strong first quarter performance driven by international sales.
Reduction in Operating Loss
Lifeward achieved a 25% reduction in operating loss in Q1, with expectations for further reductions as revenue grows.