other material
confidence high
sentiment neutral
materiality 0.60
Nuwellis enters 3-year supply agreement with Kluge Design for Aquadex manufacturing
Nuwellis, Inc.
- KDI exclusively manufactures Aquadex Blood Circuit, dELC Catheter, SmartFlow Console globally; Nuwellis retains IP.
- Nuwellis pays start-up costs by Aug 1, 2025; KDI provides 50% credit applied to future Consumable Goods orders.
- Pricing based on volume tiers; KDI may increase prices due to material, labor, or tariff changes pass-through.
- No minimum purchase; initial term 3 years, auto-renew yearly; exclusivity for KDI as contract manufacturer.
- Up to [***] employees transfer to KDI; manufacturing equipment moves to KDI facility in Rogers, MN.