Nuwellis to Acquire Rendiatech in Move to Expand Cardiorenal Portfolio

Reuters01-30
Nuwellis to Acquire Rendiatech in Move to Expand Cardiorenal Portfolio

Nuwellis, Inc. has entered into a definitive agreement to acquire all outstanding shares of Rendiatech Ltd., an Israeli-based medical technology company specializing in automated kidney function monitoring. The acquisition is intended to enhance Nuwellis’ cardiorenal portfolio by expanding its capabilities from therapeutic fluid removal into real-time renal monitoring. Following the completion of the transaction, Nuwellis plans to integrate Rendiatech’s Clarity™ system, which offers automated, continuous renal monitoring through precise urine-output measurement, into its existing commercial infrastructure. This move is expected to lay the groundwork for future advancements in urine-based analytics and broader kidney function assessment. The transaction has been approved by the boards of directors of both companies and is expected to close following customary conditions.

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