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CVRX Positive Sentiment Score: 75/100

CVRx to Report Fourth Quarter and Fiscal Year 2022 Financial and Operating Results and Host Conference Call on January 26, 2023

Key Takeaway: CVRx, a medical device company specializing in neuromodulation solutions for cardiovascular diseases, will announce its fourth quarter and fiscal year 2022 financial results on January 26, 2023. A conference call to discuss these results is scheduled for 5:30 p.m. Eastern Time on the same day. CVRx's Barostim device, which recently received FDA approval, aims to improve symptoms in heart failure patients, reflecting the company's innovative approach in the medical device sector.

Market Sentiment Analysis

POSITIVE FACTORS

  • CVRx is set to release its fourth quarter and full year 2022 financial results, which could indicate a positive financial trajectory.
  • The company has FDA Breakthrough Device designation for Barostim, highlighting its innovative technology in treating heart failure.
  • Barostim is an FDA-approved device aimed at improving heart failure symptoms, demonstrating the company's commitment to patient care.

Full Press Release Details

MINNEAPOLIS, Jan. 12, 2023 (GLOBE NEWSWIRE) -- CVRx, Inc. (“CVRx”), a commercial-stage medical device company focused on developing, manufacturing and commercializing innovative neuromodulation solutions for patients with cardiovascular diseases, today announced that it plans to release fourth quarter and full year 2022 financial and operating results after market close on Thursday, January 26, 2023. The Company will host a conference call to review its results at 5:30 p.m. Eastern Time the same day.
The conference call will be broadcast live in listen-only mode via webcast at https://edge.media-server.com/mmc/p/d5cu7e7x.To listen to the conference call on your telephone, participants may register for the call here. While it is not required, it is recommended you join 10 minutes prior to the event start.
CVRx is focused on the development and commercialization of Barostim™, the first medical technology approved by FDA that uses neuromodulation to improve the symptoms of patients with heart failure. Barostim is an implantable device that delivers electrical pulses to baroreceptors located in the wall of the carotid artery. Baroreceptors activate the body’s baroreflex, which in turn triggers an autonomic response to the heart. The therapy is designed to restore balance to the autonomic nervous system and thereby reduce the symptoms of heart failure. Barostim received the FDA Breakthrough Device designation and is FDA-approved for use in heart failure patients in the U.S. It has also received the CE Mark for heart failure and resistant hypertension in the European Economic Area. To learn more about Barostim, visit www.cvrx.com.
Mark Klausner or Mike Vallie

Frequently Asked Questions

When will CVRx announce its 2022 financial results?

CVRx will announce its financial results on January 26, 2023.

How can I attend the CVRx conference call?

You can join the conference call via the provided webcast link or by telephone.

What is Barostim and its purpose?

Barostim is an FDA-approved implantable device that treats heart failure symptoms.

What regulatory approvals has Barostim received?

Barostim is FDA-approved and has received the CE Mark for heart issues in Europe.

What does Barostim do for heart failure patients?

It delivers electrical pulses to restore balance in the autonomic nervous system.

Last updated: Jan 12, 2023