Exclusive co-promotion agreement combines AROA's regenerative tissue technology with Mölnlycke's wound care expertise and commercial reach

AUCKLAND, New Zealand, Oct. 20, 2026 /PRNewswire/ -- Aroa Biosurgery Limited (ASX: ARX), a soft tissue regeneration company, has entered into an exclusive agreement with Mölnlycke Healthcare US to co-promote Endoform™ in U.S. post-acute settings, effective October 16, 2026.

The agreement combines Endoform and AROA's proprietary AROA ECM™ technology with Mölnlycke's established wound care expertise and commercial reach. It is intended to bring Endoform to more clinicians and patients and support the product's continued growth.

AROA retains ownership of Endoform and AROA ECM technology and will continue to manufacture, distribute and supply the product. The arrangement also allows AROA to focus its resources on growing Myriad™ adoption in surgical settings and pursuing the opportunity for Symphony™ in outpatient wound care.

"We welcome the opportunity to partner with Mölnlycke, a well-established advanced wound care business known for excellence," said Brian Ward, AROA Founder and CEO. "Mölnlycke's deep expertise in wound care and broad commercial footprint provide a strong platform to bring Endoform to more clinicians and patients.

"This arrangement also allows us to concentrate our efforts on AROA's strategic priorities — sustaining Myriad's growth and pursuing the significant opportunity for Symphony, while continuing to manufacture and supply Endoform."

"Improving wound care requires strong partnerships and continued innovation," said Craig Kennedy, Mölnlycke VP Americas. "Our collaboration with AROA reflects a shared commitment to advancing clinical practice, supporting healthcare professionals, and improving patient outcomes. By adding Endoform to our advanced wound dressing portfolio, we're expanding the solutions available to clinicians and addressing the diverse needs of the patients they serve."

The agreement relates solely to Endoform in U.S. post-acute settings. AROA's other product portfolios and commercial arrangements, including Endoform distribution outside the United States, remain unchanged.

AROA's FY27 financial guidance remains unchanged at NZ$115–125 million in total revenue and NZ$8–11 million in normalized EBITDA.*

About Endoform

Endoform products are extracellular matrix products composed of AROA ECM, for the management of acute and chronic wounds in outpatient or post-acute settings.

About AROA Biosurgery

Aroa Biosurgery Limited (ASX: ARX) is a New Zealand-based soft tissue regeneration company developing and commercializing products for complex wounds and soft tissue reconstruction. Its products incorporate proprietary AROA ECM technology. For more information, visit www.aroa.com.

About Mölnlycke

Mölnlycke Health Care is a world-leading MedTech company specializing in innovative solutions for wound care and surgical procedures. Mölnlycke products and solutions are used daily by hospitals, health care providers and patients in over 100 countries around the world. Founded in 1849, Mölnlycke is owned by Patricia Industries, part of Investor AB, and is headquartered in Sweden. www.molnlycke.com.

SOURCE Aroa Biosurgery

Share this article

Managing Equity Partner Patrick A. Salvi among Top 10 Super Lawyers in Illinois

CHICAGO, Oct. 20, 2026 /PRNewswire/ -- Nineteen Salvi, Schostok & Pritchard P.C. attorneys have been honored by Illinois Super Lawyers as 2027 Super Lawyers and Rising Stars. Each year no more than five percent of Illinois lawyers are named to the Super Lawyers list. The Rising Stars list, which recognizes attorneys who are 40 or younger or who have been in practice for 10 years or less, includes no more than 2.5% of lawyers in the state.

Super Lawyers, part of Thomson Reuters, is a rating service of outstanding lawyers from more than 70 practice areas who have attained a high degree of peer recognition and professional achievement. The annual selections are made using a patented multiphase process that includes a statewide survey of lawyers, an independent research evaluation of candidates, and peer reviews by practice area. The result is a credible, comprehensive, and diverse listing of exceptional attorneys.

The annual Super Lawyers and Rising Stars lists are published nationwide in Super Lawyers magazines and in leading city and regional magazines and newspapers across the country.

Congratulations to the following Salvi, Schostok & Pritchard attorneys who were named to the 2027 Illinois Super Lawyers list:

- Patrick A. Salvi

- Patrick A. Salvi II

- Matthew L. Williams

- Tara R. Devine

- Jennifer L. Ashley

- Aaron D. Boeder

- Lance D. Northcutt

- Heidi L. Wickstrom

- David J. Rashid

- Rob L. Kohen

- John A. Mennie

The following firm attorneys were named to the 2027 Illinois Super Lawyers – Rising Stars list:

- Brian L. Salvi

- Eirene N. Salvi

- Michael J. Schostok

- Jaclyn J. Kurth

- Emily T. Art

- David L. Duran

- Marisa A. Gelabert

- Kristen M. Stoicescu

Additionally, firm founder Patrick A. Salvi was named to the Top 10 Illinois Super Lawyers list for the 14th consecutive year. Equity Partners Matthew L. Williams and Patrick A. Salvi II, along with Partners Tara R. Devine and Heidi L. Wickstrom, were named to the Top 100 Illinois Super Lawyers list. Partners Jennifer L. Ashley, Tara R. Devine, and Heidi L. Wickstrom were also named to the Top 50 Female Super Lawyers list. Patrick A. Salvi has been named to the Illinois Super Lawyers list every year since its inception in 2005.

SOURCE Salvi, Schostok & Pritchard P.C.

Share this article

- Gildan Activewear Inc. (NYSE: GIL) shareholders should email [email protected]

NEW YORK, Oct. 20, 2026 /PRNewswire/ --

What is the Investigation About?

On June 16, 2026, Jehoshaphat Research published a report alleging, among other things, that Gildan has been stuffing the channel to make revenues look like they're growing, which has been cannibalizing future demand and inflating the overall growth trajectory of the business, obscured by financial engineering, and that the Company transfers almost half its receivables off-balance sheet. The report alleged distributors were holding approximately $510 million in excess inventory.

On this news, Gildan's stock price fell $11.62, or 18.8%, to close at $50.35 per share on June 16, 2026, thereby injuring investors.

Allegations include false and/or misleading statements and/or failure to disclose that: (i) Gildan Activewear did not have adequate internal controls; and (ii) Gildan Activewear used channel stuffing to create an appearance of revenue.

If you own Gildan Activewear Inc. (NYSE: GIL) securities, please contact Fletcher Moore at [email protected].

You may be able to seek monetary damages, corporate governance reforms, reimbursement to the company, and a court approved incentive award at no cost to you whatsoever. All representation is on a contingency fee basis. Shareholders pay no fees or expenses.

MOORE LAW PLLC

30 Wall Street, 8th Floor

New York, NY 10005

[email protected]

www.fmoorelaw.com

SOURCE Moore Law PLLC

Share this article

NEW YORK, Oct. 20, 2026 /PRNewswire/ -- Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2025 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York City and is investigating Hughes Brothers Construction Inc. related to its sale to Cardinal Infrastructure Group, Inc. Is it a fair deal?

Click here for more info https://monteverdelaw.com/case/hughes-brothers-construction-inc/. It is free and there is no cost or obligation to you.

NOT ALL LAW FIRMS ARE EQUAL. Before you hire a law firm, you should talk to a lawyer and ask:

- Do you file class actions and go to Court?

- When was the last time you recovered money for shareholders?

- What cases did you recover money in and how much?

About Monteverde & Associates PC

Our firm litigates and has recovered money for shareholders...and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court.

No one is above the law. If you own common stock in the above listed company and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at [email protected] or by telephone at (212) 971-1341.

Contact:

Juan Monteverde, Esq.

MONTEVERDE & ASSOCIATES PC

The Empire State Building

350 Fifth Ave. Suite 4740

New York, NY 10118

United States of America

[email protected]

Tel: (212) 971-1341

Attorney Advertising. (C) 2026 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter.

SOURCE Monteverde & Associates PC

Share this article

- Primoris Services Corporation (NYSE: PRIM) shareholders should email [email protected]

NEW YORK, Oct. 20, 2026 /PRNewswire/ --

What is the Investigation About

The allegations include materially false and/or misleading statements, and/or failure to disclose material adverse facts about the company's business, operations, and prospects. Specifically, (1) Primoris' cost estimation, cost-to-complete forecasting, and project oversight processes were deficient and failed to provide reliable estimates of the costs and expected profitability of significant fixed-price renewable energy projects; (2) as a result, Primoris systematically underestimated the costs and risks of significant fixed-price renewable energy projects that were experiencing material cost overruns, execution problems, and schedule delays; and (3) as a result, certain positive statements about the company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

If you own Primoris Services Corporation (NYSE: PRIM) securities, please contact Fletcher Moore at [email protected].

You may be able to seek monetary damages, corporate governance reforms, reimbursement to the company, and a court approved incentive award at no cost to you whatsoever. All representation is on a contingency fee basis. Shareholders pay no fees or expenses.

MOORE LAW PLLC

30 Wall Street, 8th Floor

New York, NY 10005

[email protected]

www.fmoorelaw.com

SOURCE Moore Law PLLC

Share this article

New platform enables a more connected and efficient trade finance experience for corporate clients

SINGAPORE, Oct. 21, 2026 /PRNewswire/ -- Finastra, a global leader in financial services software, today announced that BRAC Bank, one of Bangladesh's leading private commercial banks, has gone live with Finastra's Trade Innovation and Corporate Channels, and Conpend's Trade AI solutions, creating a more connected trade finance environment for the bank and its corporate customers.

As trade volumes grow and customer expectations continue to evolve, BRAC Bank sought to modernize its trade finance operations, improve efficiency, and establish a scalable foundation for future growth. By replacing fragmented processes with an integrated digital platform, the bank is streamlining trade finance workflows – increasing straight-through processing and enhancing visibility across the trade finance lifecycle.

Building a Scalable, Future-Ready Trade Finance Platform

The new platform provides BRAC Bank with an integrated foundation for modern trade finance operations – delivering benefits across efficiency, customer engagement, and long-term scalability.

- Extensive digital trade capabilities: Enables streamlined trade finance operations with greater straight-through processing, improved efficiency, faster deployment of new services, while supporting compliance with evolving industry standards, including ISO 20022 and Swift SR2026 requirements.

- Connected customer experience: Provides corporate clients with a single channel to initiate requests, collaborate securely, approve transactions, and track progress in real time, enhancing visibility, control, and operational efficiency while maintaining governance and oversight.

- Foundation for future growth: Built on an open and scalable architecture, the platform supports BRAC Bank's long-term digital transformation strategy and provides flexibility to expand capabilities, support growing transaction volumes and adopt new technologies as business needs evolve.

Executive Perspective: Modernizing Trade for Growth

"This implementation marks an important milestone in our trade finance transformation. By digitizing and streamlining trade operations, we are enhancing transparency, control and efficiency across the trade finance lifecycle, enabling us to serve our corporate clients with greater speed and reliability. This advanced trade solutions brings us closer to our ambition of becoming the most preferred trade bank in Bangladesh by consistently delivering superior value to our customers," said Tareq Refat Ullah Khan, Managing Director & CEO at BRAC Bank PLC.

"As trade finance continues to play a vital role in supporting businesses and economic growth, banks are seeking technology that simplifies operations while delivering a better customer experience," said Andrew Bateman, EVP for Lending at Finastra. "We're delighted to support BRAC Bank on its transformation journey. Through our front-to-back trade finance capabilities, the bank has established a modern and scalable platform that increases operational efficiency, enhances visibility across the trade lifecycle, and delivers a more connected experience for its corporate customers."

The go-live marks another milestone in the relationship between BRAC Bank and Finastra, reflecting a shared commitment to modernizing trade finance operations, and helping businesses benefit from more efficient, transparent, and digitally enabled trade services.

About Finastra

Finastra provides the mission-critical software that powers thousands of financial institutions in more than 100 countries - including many of the world's leading banks. Its technology helps financial institutions move money as well as extend and service loans that financial services businesses and consumers rely on every day. Backed by Vista Equity Partners, Finastra combines deep financial services expertise with secure, reliable, and scalable technology to help customers modernize operations, accelerate innovation, and grow their businesses in a rapidly evolving industry. Visit Finastra or follow Finastra on LinkedIn.

About BRAC Bank PLC

BRAC Bank PLC. traded as 'BRACBANK' on Dhaka Stock Exchange, is a full-service private commercial bank aiming to become the most trusted, innovative and inclusive bank in Bangladesh. With the country's highest market capitalization, leading international shareholding, the highest credit ratings from S&P Global Ratings and Moody's, and recognition among Forbes' World's Top Performing Banks, BRAC Bank has established itself as a benchmark for good governance, regulatory compliance, ethical conduct and values-based banking in Bangladesh.

SOURCE Finastra

Share this article

The TOPGUN Experience Comes to Palm Springs Air Museum

Elite F/A-18 Super Hornet Pilots to Share their Stories

PALM SPRINGS, Calif., Oct. 20, 2026 /PRNewswire/ -- The iconic Blue Angels F/A-18 Super Hornet featured in Top Gun: Maverick as one of Captain Pete 'Maverick' Mitchell's on-camera aircraft makes its debut at the Palm Springs Air Museum's 30th anniversary celebration on Saturday, November 7, 2026 at 1 PM. The plane will be received into the museum's permanent collection with Water Salute and short dedication program, followed by birthday cake. Also on hand will be Darkstar from Top Gun: Maverick, and an operational F/A-18 Super Hornet from VFA-122.

Guest speakers for five exclusive evening TOPGUN F/A-18 Super Hornet Visitor Experiences between November 2026 and April 2027 are now set. Each 90-minute experience starts at 6 PM and features a distinguished F/A-18 pilot who will share behind-the-scenes stories, an up-close look inside the cockpit, light refreshments, Darkstar in the hangar, and branded merchandise for sale. Tickets are $65 per person ($50 for PS Air Museum members). Kids 12 & under free with one adult ticket. Evening tickets include admission to the museum during the day.

Captain Jeremy "Silas" Debons, U.S. Navy, former Commanding Officer of the U.S. Naval Test Pilot School at Naval Air Station Patuxent River, who flew Bureau Number 165536, said, "This Super Hornet represents the very best of naval aviation. I had the privilege of flying this aircraft as it supported the testing and development of the F-35 program and other advanced flight test missions. It's fitting that this aircraft now begins a new mission at the Palm Springs Air Museum, where visitors can appreciate not only its role in Top Gun: Maverick, but its real contribution to advancing the future of naval aviation."

TOPGUN Experience Dates and Confirmed Aviator Speakers:

- Saturday, November 7, 2026 - Lieutenant Commander Evan "Squints" Goss, U.S. Navy. Goss is a combat veteran, instructor pilot assigned to VFA-122, and a member of the Navy's F/A-18 Tactical Demonstration Team for the 2025–2026 airshow seasons. Goss supported military operations in Afghanistan, Iraq, and Yemen.

- Saturday, November 28, 2026 - Commander Frank "Walleye" Weisser, U.S. Navy (Ret.) A 21-year Navy veteran, Weisser has over 5,000 flight hours, nearly 500 aircraft carrier landings, and three combat deployments. He then served two tours with the Blue Angels, including Lead Solo Pilot. Weisser flew F/A-18 fighter jets for the spectacular aerial sequences in TOP GUN: MAVERICK.

- Saturday, January 2, 2027 - Capt. Jeremy "Silas" DeBons Commander, USN Test Pilot School PAX River. DeBons has flown over 4,500 mishap free flight hours in over 120 aircraft. He has served as instructor and Commander of the US Naval Test Pilot School.

- Saturday, March 27, 2027 - Capt. A.J. "Face" McFarland, US Navy (Ret.) is an elite test pilot with over 4,000 flight hours and 373 carrier landings. He concluded his service as Commodore of Naval Test Wing Pacific, steering critical test programs through global crises.

- Saturday, April 17, 2027 - Cmdr. Cassidi "Butch" Reese, US Navy, China Lake VX-31 Chief Test Pilot. Reese deployed aboard USS John C. Stennis (CVN 74), USS Ronald Reagan (CVN 76), and USS Theodore Roosevelt (CVN 71) in support of Operations IRAQI and ENDURING FREEDOM and INHERENT RESOLVE, flying nearly 200 hours over 30 combat missions.

General Admission: $65 | Palm Springs Air Museum Members: $50 | Children 12 and under: Free with paid adult ticket. All evening tickets include daytime admission to the Museum same day.

About the Aircraft

Aircraft Bureau Number 165536 is one of the earliest production F/A-18 Super Hornets ever built. It served as a flight test and chase aircraft supporting the development and evaluation of the F-35 Lightning II and other advanced aviation programs before joining the U.S. Navy Blue Angels flight demonstration team. It later appeared in Top Gun: Maverick as one of Captain Pete 'Maverick' Mitchell's featured on-camera Super Hornets. It now begins a new mission as the first F/A-18 Super Hornet ever placed on permanent public display outside a military installation, and will be unveiled Nov 7, 2026 to the public.

About the Palm Springs Air Museum

The Palm Springs Air Museum is home to more than 75 historic aircraft representing World War II, the Korean War, the Vietnam War, the Cold War, and modern military aviation. The Museum encompasses more than 91,000 square feet of exhibit space and is open daily from 10:00 a.m. to 5:00 p.m. Admission ranges from $24 to $26. Children 12 and under are free with a paid adult. Active-duty military personnel and their immediate families receive free admission with valid ID. For more information visit PalmSpringsAirMuseum.org or call 760-778-6262.

Contact:

Ann Greer - 323-363-8243, [email protected]

SOURCE Palm Springs Air Museum

Share this article

NAVER D2SF Invests in On-Device AI Startup TraceWeave

- TraceWeave develops its own post-Transformer AI architecture that enables AI agents to run on memory-constrained devices

- Completes paid pilot in mobility; pursues commercialization across robots, drones, smart glasses, and more

- NAVER D2SF continues to invest in on-device AI and next-generation device technologies

SEOUL, South Korea, Oct. 20, 2026 /PRNewswire/ -- NAVER D2SF has made a new investment in TraceWeave, an on-device AI startup led by co-founder and CEO Jaeyoung Park. TraceWeave is the team behind Phase-TITAN, a post-Transformer architecture that understands long contexts and carries out multi-step tasks while keeping memory usage constant. NAVER D2SF recognized the company's core technology for enabling AI agents on resource-constrained devices.

As AI expands to robots, vehicles, smart glasses, and drones, its applications are advancing beyond simple chatbots toward complex reasoning and decision-making. In Transformer-based models, the key-value cache (KV-Cache) grows with context length, requiring more memory. On-device constraints in memory, battery life, and heat have made it difficult to implement AI agents that understand long contexts and perform complex tasks.

TraceWeave's Phase-TITAN is a new AI architecture designed to resolve this memory bottleneck by replacing the conventional Transformer architecture altogether. TraceWeave develops its own AI models rather than relying on existing open-source models. Memory usage remains constant as context grows. According to TraceWeave, at a 1M-token context without quantization, a comparable Transformer's KV-Cache holds tens of gigabytes or more, while its 1B Phase-TITAN model holds 0.04 GB. This enables agents to call tools, interpret results, and decide on their next actions entirely on the device, without cloud calls. TraceWeave's internal benchmarks on RULER and BFCL indicate that Phase-TITAN maintains performance on par with Transformer models of the same size and larger.

TraceWeave has demonstrated a multi-step agent running on a smartphone using only its CPU, without cloud calls. In mobility, it completed a paid pilot with the autonomous driving affiliate of a global automotive group, identifying driving-data frames that improve the partner's autonomous driving model without human annotation. It is also validating in-vehicle agent performance with a global automotive electronics software company and exploring opportunities in robots, drones, smart glasses, and wearables. TraceWeave was a Top 20 finalist in NVIDIA's 2026 Inception Grand Challenge.

TraceWeave was co-founded in October 2025 by researchers with backgrounds at ETH Zurich, Google, and KAIST. The team combines engineering expertise grounded in computational neuroscience and physics with business development capabilities, designing its own architecture and validating it in device environments that reflect real-world customer needs. In this seed round led by Mirae Asset Capital, TraceWeave raised approximately KRW 3 billion at a pre-money valuation of approximately KRW 30 billion. Based at NAVER D2SF @Gangnam, the company plans to use the funding to expand its research and engineering team for next-generation architecture development and grow its business.

"Taking the KV cache out was never the hard part. Staying capable without it was," said Jaeyoung Park, co-founder and CEO of TraceWeave. "The best part is no part. Phase-TITAN already delivers Transformer-class capability without the Transformer's memory tax, and the next one goes well beyond its class, with the memory still fixed."

"On-device AI is a core technology for implementing complex, advanced AI across diverse device environments beyond PCs, and it also offers advantages in reducing cloud call costs and protecting privacy," said Sanghwan Yang, Head of NAVER D2SF. "TraceWeave is a team that is innovating AI architecture to overcome the limitations of existing AI models and bring AI to on-device environments."

SOURCE NAVER D2SF

Share this article

LIBBY, Mont., Oct. 20, 2026 /PRNewswire/ -- Why is it challenging to sell a Montana cabin or lifestyle property to out-of-state buyers? HelloNation has published an article that answers this question with insights from Re/Max Lifestyle Properties's Real Estate Expert Shawna Norry of Libby, Montana. The article explains how sellers can prepare their properties, improve online listings, and address buyer concerns before showings begin.

The HelloNation article explains that selling a Montana cabin or lifestyle property requires understanding how buyers search for homes. Many out-of-state buyers begin their research online, often months before visiting northwest Montana. Clear photos, accurate descriptions, and visible signs of maintenance help these buyers evaluate properties from a distance.

The article notes that basic home preparation can make a meaningful difference. Working utilities, clean interiors, and good lighting show that a property has been maintained. These details matter most for buyers considering year-round living or remote work in Libby, Troy, and the Yaak.

According to the article, sellers should also consider how visitors experience a home as soon as they enter. Clean floors, uncluttered rooms, and natural light create a welcoming first impression. Real Estate Expert Shawna Norry provides insights into how simple improvements help buyers understand a property's condition and potential.

Exterior maintenance is another important part of preparing a mountain property for sale. The HelloNation article recommends checking siding, decks, railings, driveways, and drainage before listing. Addressing small repairs can help buyers feel more confident about a property's safety and long-term upkeep.

The article also highlights features that attract buyers to northwest Montana. Waterfront access, mountain views, usable acreage, and reliable home systems can influence purchasing decisions. Updated heating, plumbing, and wells may be particularly valuable for buyers seeking comfortable year-round access.

Professional photography plays an important role in marketing a Montana cabin or lifestyle property. The article explains that bright, clear images help buyers understand room layouts and surrounding land. Simple staging and wide interior photographs can make online listings easier to evaluate without requiring major renovations.

The HelloNation article also addresses the challenges of marketing remote properties, including cabins in the Yaak. Buyers benefit from information about driveway conditions, tree spacing, outbuildings, wildlife activity, and seasonal access. These practical details help people understand what living in a more secluded location may involve.

According to the article, transparency can reduce uncertainty for out-of-state buyers. Clear property descriptions and accurate information about road conditions, utilities, and maintenance allow buyers to make informed decisions. Real Estate Expert Shawna Norry emphasizes the importance of highlighting both a property's appeal and its practical considerations.

The article further explains that preparation can simplify the selling process for property owners. Listings that answer common buyer questions may attract more serious inquiries and reduce confusion during showings. This approach applies to waterfront homes, mountain cabins, and larger properties with acreage.

The article concludes that successful property marketing begins with maintenance, honest descriptions, and strong visual presentation. Sellers who understand buyer expectations can better communicate what makes their property suitable for different lifestyles. These steps help prospective buyers assess homes before traveling to northwest Montana.

Selling Your Cabin or Lifestyle Property in Libby, Troy & The Yaak features insights from Shawna Norry, a real estate expert of Re/Max Lifestyle Properties in Libby, Montana, in HelloNation.

About HelloNation

HelloNation is America's Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused publications and innovative "edvertising" approach, HelloNation delivers content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.

SOURCE HelloNation

Share this article

DENVER, Oct. 20, 2026 /PRNewswire/ -- DaVita today issued the following statement in response to the U.S. Department of Health and Human Services' Kidney Care National Plan and related remarks regarding the future of kidney care:

DaVita shares the Administration's urgency to accelerate progress for Americans living with kidney disease. We have worked closely with federal leaders for decades and look forward to continuing that partnership, building on what is working and moving faster where more progress is needed.

Today's introduction of the Kidney Care National Plan reflects many of DaVita's priorities. Given that 87% of adults with chronic kidney disease do not know they have it, we agree with the need to identify kidney disease earlier, slow its progression, expand patient choice and improve coordination across the kidney care continuum. Today, the majority of DaVita patients are supported by care plans that extend beyond dialysis following decades of our advocacy and leadership in care model innovation. This includes the Kidney Care Choices model from CMMI, which has proven that value-based kidney care can have tremendous impact on patient lives. We are also expanding our multispecialty capabilities to help more patients benefit from advances in treatment that can slow disease progression.

Related to transplantation, DaVita helps patients navigate the transplant process, invests in technology that better connects patients and transplant centers, and pursues innovations aimed at addressing the organ shortage. Progress has not come fast enough because of the critical shortage of viable human organs. Today, roughly 90,000 Americans remain on the kidney transplant waiting list.

Where we differ is the suggestion that kidney care has lacked innovation or that scale stands in its way. Kidney care is increasingly a proving ground for technology, clinical science and new models of chronic care. DaVita has invested in proprietary technology to better connect care across settings and enable more personalized, coordinated care. In fact, today we are in the middle of rapidly deploying a major clinical innovation across our centers that brings dialysis treatment one step closer to the natural kidney and is associated with meaningful improvements in clinical outcomes and quality of life. Scale helps us make these investments with world-class expertise and extends advancements in care to patients more quickly and broadly.

There is no debate that changing the trajectory of kidney disease is the common goal. Efforts to prevent kidney disease and slow its progression must not be conflated with the distinct imperative to deliver high-quality, lifesaving care to people who have already reached kidney failure. Both are essential to improving kidney health in America.

We look forward to working with the Administration to be part of the solution in turning the ambitions of this plan into meaningful progress for Americans with kidney disease.

Contact: [email protected]

SOURCE DaVita

Share this article