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Endotronix Receives FDA Premarket Approval of the Cordella™ PA Sensor System for the Treatment of Heart Failure

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Cordella, which consists of the now PMA-approved Cordella PA Sensor and commercial Cordella™ HF System, enables comprehensive heart failure management in the home using pulmonary artery (PA) pressure, a leading indicator of congestion, and non-invasive vital sign data to improve care decisions.Backed by definitive clinical evidence from the PROACTIVE-HF pivotal trial, the company is planning a U.S. launch of Cordella this year.

NAPERVILLE, Ill., June 24, 2024 /PRNewswire/ — Endotronix, Inc., a privately held company dedicated to advancing the treatment of heart failure (HF) at the intersection of digital health and medtech, today announced Premarket Approval (PMA) from the U.S Food and Drug Administration (FDA) of the company’s Cordella™ Pulmonary Artery (PA) Sensor System for the treatment of New York Heart Failure (NYHA) class III heart failure patients. The Cordella platform is the first and only PA pressure-guided platform to offer comprehensive patient management using daily PA pressure and vital signs from home to guide therapeutic management and improve patient outcomes.

“This approval is very exciting and has the potential to transform care for HF patients. Endotronix’s solution provides a more complete clinical picture of the patient, so providers are able to make informed remote care decisions between office visits,” stated Dr. Liviu Klein, Section Chief of Advanced Heart Failure, Mechanical Circulatory Support, Pulmonary Hypertension, and Heart Transplant at the University of California San Francisco and national principal investigator of the PROACTIVE-HF trial. “PROACTIVE-HF demonstrated that with Cordella clinicians achieved more optimal and timely dosing of key HF medications, significantly improving outcomes. In addition, the easy-to-use platform engages patients to drive consistent daily habits and self-awareness of trends to support sustainable lifestyle changes.”

Cordella is a proactive HF management platform that delivers daily PA pressure and other vital data via an implantable sensor and user-friendly, non-invasive health tools, respectively, to a managing HF clinician for remote patient care. This information guides clinical decision-making and medication dosing while enhancing the adoption of guideline-directed medical therapy (GDMT) to reduce congestion and improve outcomes. Regulatory approval was based on the PROACTIVE-HF trial, which demonstrated a markedly low 0.159 rate of heart failure hospitalization and all-cause mortality at 6 months.

In addition, Cordella enables:

Seated PA pressure measurements, preferred by most patients, with a handheld reader.Patient visibility into key health trends to support healthy lifestyle changes.Secure messaging on a tablet between the clinical team, patient, and caregiver to support remote care.Reimbursement for implantation and ongoing management through existing reimbursement pathways.

“At Endotronix, we firmly believe that innovation can drive patient care excellence in the home and ultimately change outcomes for patients with heart failure, one of the largest cost categories in healthcare. The FDA’s approval validates this foundational belief and is a major milestone for our company and the field of HF management,” commented Harry Rowland, CEO and co-founder of Endotronix. “With this approval, we will deliver proactive, comprehensive care that extends optimal HF therapeutic management to more patients, keeping them out of the hospital and living more fulfilling lives.”

Endotronix will launch Cordella in the U.S. later this year. The company also shared that they have submitted a dossier for CE Mark review and expect a decision on European market access in 2025.

About Endotronix
Endotronix innovates at the intersection of medtech and digital health to improve care for people living with heart failure (HF). The comprehensive Cordella solution enables proactive, data-driven HF management that engages patients, reduces and prevents congestion, and improves outcomes. The Cordella Sensor is an implantable pulmonary artery (PA) pressure sensor that directly measures the leading indicator of congestion, allowing early, targeted therapy. The Cordella HF System is a patient health management platform, which combines comprehensive vital sign data from non-invasive devices to support patient-clinician engagement and care decisions. Combining trended insights, the versatile and scalable Cordella enhances current clinical practice and supports guideline-based care across the entire HF continuum. Learn more at www.endotronix.com.

In the U.S., the Cordella PA Sensor System is Rx Only. CAUTION: Federal law restricts this device to sale by or on the order of a physician.
In Europe, the Cordella PA Sensor System is Exclusively for Clinical Investigation.
The Cordella HF System is commercially available in the U.S. and Europe.

Cautionary Statement Regarding Forward-Looking Statements

This press release may contain predictions, estimates, or other information that might be considered forward-looking statements. Such forward-looking statements are not a guarantee of future performance.

 

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View original content:https://www.prnewswire.co.uk/news-releases/endotronix-receives-fda-premarket-approval-of-the-cordella-pa-sensor-system-for-the-treatment-of-heart-failure-302179604.html

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Nadcab Labs Launches 25-Day Wallet Development Guarantee for Decentralized Finance

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PRAYAGRAJ, India, Jan. 10, 2025 /PRNewswire/ — As decentralized finance (DeFi) continues to redefine the global financial landscape, the demand for secure and efficient DeFi wallets has skyrocketed. Nadcab Labs, a leader in blockchain innovation, is meeting this demand with its 25-day DeFi wallet development guarantee. This game-changing service ensures businesses can launch fully operational wallets rapidly, with a promise of a 10% discount if the timeline is not met. It offers a comprehensive DeFi wallet development service designed to empower businesses with fast, secure, and customizable solutions for the decentralized finance ecosystem. With a focus on rapid delivery, Nadcab ensures that clients can launch their wallets in just 25 days, gaining a competitive edge in the fast-evolving DeFi space.

The key benefits of Nadcab’s DeFi wallet development include rapid market entry, tailored solutions to meet specific business and user needs, advanced protection through encryption and multi-signature capabilities, and compliance support to navigate complex regulatory landscapes.

Additionally, they provide seamless user experiences with intuitive UX/UI designs, multi-chain compatibility for interoperability, and scalability to accommodate growing demands. To achieve such rapid development, they employ a modular architecture with pre-built components, an experienced team of blockchain experts, an agile methodology for iterative testing and deployment, and advanced toolsets to ensure precision and efficiency in every project.

“Nadcab Labs is redefining how DeFi wallets are developed. With our rapid delivery model and commitment to quality, we’re empowering businesses to capitalize on opportunities in the decentralized finance market,” said Aman Vaths, CEO of Nadcab Labs. “The 10% discount guarantee reflects our confidence in meeting deadlines without compromising on excellence.”

About Nadcab Labs

Nadcab Labs is a globally recognized blockchain consulting and development company specializing in DeFi, tokenization, and cryptocurrency solutions. The company’s mission is to drive innovation, scalability, and security in the decentralized economy.

For more information about Nadcab Labs’ DeFi Wallet Development services, visit www.nadcab.com.

Media Contact: Aman Vaths
Founder: Nadcab Labs
Email: info@nadcab.com
Phone: +91 8081059613

Social Media Links
Facebook – https://www.facebook.com/nadcablabs
Twitter – https://twitter.com/nadcablabs
LinkedIn – https://www.linkedin.com/company/nadcablabs
Instagram – https://www.instagram.com/nadcablabs/
YouTube – https://www.youtube.com/@nadcablabs

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GTPL Hathway Reports Stable Performance in Q3 FY25

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AHMEDABAD, India, Jan. 10, 2025 /PRNewswire/ — GTPL Hathway Limited, India’s largest Digital Cable TV Service Provider and a leading Broadband Service provider, announced its Financial Results for the Quarter ended December 31, 2024

Key Financial Highlights: 

Key Consolidated Business & Financial Highlights: Q3 FY25 (Y-o-Y)                                                                   

Q3 FY25 Total revenue stood at ₹ 8,957 million, a  growth  of  4%  Y-o-YEBITDA for Q3 FY25 stood at ₹ 1,138 million with an EBITDA Margin of 12.7 % and an operating EBITDA margin of 21.8%.Q3 FY25 Profit After Tax stood at ₹ 102 million.

 

Particulars (₹ in million)

Q3 FY25

Q3 FY24

Q2 FY25

FY24

Digital Cable TV Revenue

3,024

3,249

3,129

12,604

Broadband Revenue

1,383

1,352

1,367

5,268

TOTAL Revenue

8,957

8,607

8,620

32,460

EBITDA

1,138

1,305

1,138

5,111

EBITDA Margin (%)

12.7 %

15.2 %

13.2 %

15.7 %

Operating EBITDA* (%)

21.8 %

24.2 %

21.8 %

24.4 %

Profit After Tax

102

238

129

1,069

*Operating EBITDA (%) = (EBITDA net of Activation & Other income) / (Subscription+ ISP + Other Operating income)

Operational Highlights

Digital Cable TV

Active subscribers were 9.60 Mn as of December 31, 2024, with an increase by 200K Y-o-YPaying subscribers stood at 8.90 Mn, increasing by 200K Y-o-YTotal subscription revenue from Cable TV stood at 3024 Mn

Broadband

Increase in broadband subscribers by 37 K Y-o-Y thus standing at 1042 KHomepass as on December 31, 2024, stood at 5.95 Mn – an addition of 350 K Y-o-Y. Of the 5.95 Mn, 75% available for FTTX conversionBroadband average revenue per user (ARPU) stood at ₹ 465 per month per subscriber for the quarter, increased by ₹ 5 Y-o-Y.Average data consumption per user per month was 365 GB, an increase of 6% Y-o-Y

Commenting on the results, Mr. Anirudhsinh Jadeja – Managing Director, GTPL Hathway Limited said, 

“GTPL continues to consistently grow subscriber base across both business divisions, reflecting our commitment to provide best in class and innovative products and services to our customers. Our focus on providing a holistic experience for our subscribers has enabled us to maintain our position as the largest MSO in the country. We are confident of our growth in upcoming quarters in both the business segments based on favorable industry dynamics towards continued consolidation. “

About GTPL Hathway Limited

GTPL Hathway Limited is India’s largest MSO providing Digital Cable TV services and is one of the largest Private Wireline Broadband service providers in India. The Company is the largest Digital Cable TV and Wireline Broadband Service Provider in Gujarat & is a leading Digital Cable TV Service provider in West Bengal. The Company’s Digital Cable TV services reach 1,500 plus towns across India in 23 states. The company enjoys an expansive network, comprising over 47,000+ business partners, 200+ broadcasters, 1,750+ enterprise clientele, and active participation in 30+ government projects. The company offers an enviable catalogue of 970+ TV Channels with 130+ channels which are GTPL Owned & Operated Platform Services. As on December 31, 2024, the Company has 9.60 million Active Digital Cable TV Subscribers and 1.04 million Broadband Subscribers and a Broadband Home-pass of about 5.95 million.

Safe Harbor

Any forward-looking statements about expected future events, financial and operating results of the Company are based on certain assumptions which the Company does not guarantee the fulfilment of. These statements are subject to risks and uncertainties. Actual results might differ substantially or materially from those expressed or implied. Important developments that could affect the Company’s operations include a downtrend in the industry, global or domestic or both, significant changes in political and economic environment in India or key markets abroad, tax laws, litigation, labor relations, exchange rate fluctuations, technological changes, investment and business income, cash flow projections, interest, and other costs.  The Company does not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date thereof.

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MotivatedSellers.com Launches Enhanced Platform for Real Estate Investors

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MotivatedSellers.com, formerly NeedToSellMyHouseFast.com, unveils its rebrand with a streamlined platform, real-time lead delivery, a new mobile app, and compliance updates to enhance transparency and efficiency for real estate investors.

AVENTURA, Fla., Jan. 9, 2025 /PRNewswire-PRWeb/ — NeedToSellMyHouseFast.com, a trusted name in motivated seller lead generation for real estate investors, is thrilled to announce its official rebranding to MotivatedSellers.com. This strategic move reflects the company’s growing commitment to delivering high-quality, real-time leads for real estate professionals, while offering robust support and innovative features to maximize deal-closing potential.

We’re here to deliver a direct, straightforward experience that lets real estate professionals and motivated sellers find each other quickly and efficiently.

“We’ve always believed that a great service deserves a great name,” said Sarah Moalem, Customer Success Manager at MotivatedSellers.com. “Our previous name, NeedToSellMyHouseFast.com, accurately described our service but was cumbersome—try spelling out ‘leads.needtosellmyhousefast.com’ over the phone. MotivatedSellers.com is not only simpler and easier to remember, but it also perfectly reflects our core mission of connecting real estate investors with motivated sellers.”

Introducing MotivatedSellers.com

MotivatedSellers.com is a lead generation service connecting motivated sellers directly to real estate investors, flippers, and agents seeking off-market opportunities. By leveraging advanced marketing strategies across multiple channels, the platform ensures a consistent flow of high-quality leads. Key highlights include:

Pay-Per-Lead Model: Pay only for good leads. With our generous return policy, you can dispute leads that don’t meet key criteria—such as being listed on the MLS, no-response leads, or mobile home leads—within 10 days for a return or credit.Real-Time Lead Delivery: We deliver leads as soon as they come in, ensuring you’re first in line to contact motivated sellers. While we don’t pre-vet each lead (to ensure speed and freshness), our 10-day dispute window covers invalid leads under our policy.Omnipresent Marketing Approach: Our team uses cutting-edge techniques and constant ad rotation to avoid ad fatigue, so you can focus on what you do best: closing deals. We advertise across multiple channels and refine our campaigns based on performance data.New Mobile App: Access, track, and manage your leads from anywhere with our mobile app. Get push notifications for new leads, so you never miss a hot opportunity.

Existing customers can log in seamlessly using their current credentials at motivatedsellers.com/leads. To ensure compliance with new FCC regulations and provide sellers with the confidence to connect, all users are required to update their Display Name, Display Photo, and Display Company—details sellers will see before granting consent for contact.

This simple update is essential to streamline the user experience for both sellers and investors while aligning with our commitment to transparency and regulatory compliance.

Future Features and Improvements

High-Motivation Alerts: If a seller resubmits their information, we’ll send you an alert indicating a potentially higher level of motivation. You won’t be charged for duplicate leads.New Appeal Process: While we strive to make fair decisions on all lead disputes, we recognize that mistakes can happen. Soon, you’ll have a one-time appeal process to challenge a denied dispute.Compliance Upgrades: MotivatedSellers.com is moving to a 1-to-1 consent model, aligning with new FCC guidelines. Sellers will see your name or company name before submitting information, granting you explicit consent to contact them.Improved Affiliate Program: We’re revamping our affiliate program with enhanced reporting and new marketing materials. In addition, commissions will shift from PayPal to direct deposit or lead credits—offering greater flexibility and convenience.

Why the Rebrand?

As the platform and its community of investors have grown, the company recognized that NeedToSellMyHouseFast.com—though descriptive—didn’t fully capture the essence of connecting investors with highly motivated sellers. Moreover, the lengthy domain name was often unwieldy and difficult to communicate. By transitioning to MotivatedSellers.com, the company can reinforce its core mission, simplify user onboarding, and ultimately provide a more memorable brand that resonates with both new and existing clients.

The name MotivatedSellers.com aligns perfectly with our vision,” added Sarah. “We’re here to deliver a direct, straightforward experience that lets real estate professionals and motivated sellers find each other quickly and efficiently.

To support the announcement, MotivatedSellers.com has prepared a comprehensive Press Kit. This kit includes the company’s updated logo, brand guidelines, and other assets that journalists and bloggers can easily reference when covering the brand.

About MotivatedSellers.com

Formerly NeedToSellMyHouseFast.com, MotivatedSellers.com has been a leading resource in off-market real estate for investors nationwide. We pride ourselves on delivering real-time, high-quality leads backed by a fair return policy, a dedicated mobile app, and a highly effective, omnipresent marketing strategy. Our mission is to simplify the process of finding and contacting motivated sellers, allowing real estate professionals to focus on what matters most: closing deals.

Media Contact
David Saba, MotivatedSellers.com, 1 (305) 771 1557, press@motivatedsellers.com, MotivatedSellers.com

View original content to download multimedia:https://www.prweb.com/releases/motivatedsellerscom-launches-enhanced-platform-for-real-estate-investors-302345533.html

SOURCE MotivatedSellers.com

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