Nuwellis Stock Is Moving Higher After CE Mark for 24-Hour Blood Circuit Set

Nuwellis Inc NUWE has received CE Mark Certification for its 24-Hour Blood Circuit Set (UF 500-24 Hour) for the European Union.
The UF 500-24 Hour blood circuit set is only to be used with the company's Aquadex SmartFlow system.
The new device will help Nuwellis expand access to ultrafiltration among patients who need no more than 24 hours of Aquadex therapy in the inpatient setting.
Additionally, this circuit can provide a more economical solution for hospitals to treat patients in the outpatient/ambulatory setting, where therapy can be delivered for up to 8 hours.
The Aquadex SmartFlow System simply, safely, and precisely removes excess fluid (primarily salt and water) from patients suffering from fluid overload who have not responded to medical management, including diuretics.
Up to 500 mL per hour of excess fluid can be removed.
Related content: Benzinga's Full FDA Calendar.
Price Action: NUWE stock is up 1.64% at $2.48 during the market session on the last check Tuesday.