Strengthened Balance Sheet
PAVmed significantly strengthened its balance sheet with an underwritten public offering netting $16.1 million, bolstering the balance sheet and extending the runway well into 2026.
Lucid Diagnostics Performance
Lucid reported revenue of $800,000 in the last quarter with a test volume of 3,034, reaching the upper end of the target range of 2,500 to 3,000 tests per quarter.
Veris Health Development
Financing secured to restart development of a key implantable physiologic monitor, with an FDA filing targeted for the first half of 2026.
Strategic Expansion into Biopharma
PAVmed is actively pursuing opportunities to expand into the biopharma space, leveraging its existing infrastructure and track record.