MARKET WIRE NEWS

Picard Medical / SynCardia to Host Annual Business Update Featuring Key Opinion Leaders and Patient Testimonial

MWN-AI** Summary

Picard Medical, Inc. (NYSE American: PMI), the parent company of SynCardia Systems LLC, has announced plans to host its Annual Business Update on March 25, 2026, at 4:30 p.m. EDT. This virtual event will provide comprehensive insight following the Company’s Form 10-K filing for fiscal year ended December 31, 2025. Key presentations will be made by top executives, including CEO Patrick NJ Schnegelsberg, COO Matthew Schuster, and CFO Bernard Skaggs, who will discuss operational updates, financial results, and strategic priorities.

The highlight of the webcast will include perspectives from prominent cardiothoracic surgeons, Dr. Zain Khalpey and Dr. Amy Fiedler, who will share insights into the SynCardia Total Artificial Heart (STAH) and the evolving landscape of artificial heart technology. Moreover, a patient who has benefited from the STAH will provide a testimonial, adding a personal dimension to the technical discussion.

Picard Medical’s SynCardia is recognized for developing the world's first total artificial heart, which has been approved by both the U.S. FDA and Health Canada—making it the only commercially available artificial heart in the United States and Canada. With over 2,100 successful implants across 27 countries, it is the most studied artificial heart technology globally, serving patients with end-stage heart failure.

This annual update serves not only as a reflection of past performance but also as a stage for future developments, particularly highlighting the Company’s next-generation, fully implantable heart platform known as Emperor. Investors and interested parties are encouraged to register for the event to gain insights into the future trajectory of Picard Medical and SynCardia's pioneering efforts in cardiac care. For more information, visit the company's website or the SEC’s official site.

MWN-AI** Analysis

As Picard Medical, Inc. (NYSE American: PMI) prepares for its Annual Business Update on March 25, 2026, investors should consider the strategic implications of the company's advancements and the ongoing developments in the artificial heart market. The presentation will offer insights into Picard’s commercial performance and the anticipated launch of its next-generation fully implantable total artificial heart, known as Emperor. This innovation signifies not only an expansion of their product line but also an opportunity to capture a larger market share in the growing sector of mechanical circulatory support.

The company’s strong foundation, highlighted by its pioneering position with the SynCardia Total Artificial Heart—approved by both the U.S. FDA and Health Canada—positions it as a leader in addressing end-stage heart failure. With over 2,100 successful implants globally, the SynCardia system showcases an established credibility that should bolster investor confidence.

Attention must also be paid to the profiles of featured speakers during the event, including leading clinicians who will discuss their experiences with the SynCardia device, enhancing its visibility in the medical community. Their endorsements could translate into more robust sales as the healthcare sector increasingly recognizes the importance of reliability and efficacy in cardiac devices.

Moreover, the upcoming fiscal year’s financial review provides a crucial benchmark for assessing Picard’s performance against competitors. Given the current environment of innovations in cardiovascular treatments, and considering the increasing prevalence of heart failure globally, Picard Medical stands to see significant growth.

Investors should stay alert for the financial results released on the same day as the update to gauge the company’s trajectory and market response. Monitoring market reactions post-event will also be essential for understanding investor sentiment regarding the future of Picard Medical in the artificial heart landscape. Consider potential fluctuations in share price leading up to and following the event, which may present buying opportunities for those looking to invest in a promising healthcare innovation company.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

TUCSON, Ariz., March 12, 2026 (GLOBE NEWSWIRE) -- Picard Medical, Inc. (NYSE American: PMI) (the “Company”), parent company of SynCardia Systems LLC, maker of the world’s first total artificial heart approved by both the U.S. FDA and Health Canada, today announced it will host an its Annual Business Update virtual call, which will be webcasted, on Wednesday, March 25, 2026 at 4:30 p.m. EDT, following the filing of the Company’s Form 10-K for the fiscal year ended December 31, 2025. The webcast will feature business updates from management, including discussion of the Company’s commercial activities and development of its next-generation, fully implantable total artificial heart platform known as Emperor, as well as perspectives from leading clinicians in the cardiac surgical field and a patient who received the SynCardia Total Artificial Heart (STAH). To register for the event, please click here.

On the webcast, management will provide a review of Picard Medical’s fiscal year and fourth quarter 2025 financial results, along with a business update from management covering operational progress, commercial activity, and strategic priorities. Presentations will be delivered by Patrick NJ Schnegelsberg, Chief Executive Officer; Matthew Schuster, Chief Operating Officer; and Bernard Skaggs, Chief Financial Officer.

The program will include perspectives on implantation of the SynCardia Total Artificial Heart and the evolving artificial heart landscape from leading clinicians, Dr. Zain Khalpey, cardiothoracic surgeon and Surgical Director of the Artificial Heart Program at HonorHealth in Phoenix, and Dr. Amy Fiedler, Associate Professor of Surgery and Surgical Director of Heart Transplantation and Mechanical Circulatory Support at the University of California San Francisco. The event will also feature a patient testimonial reflecting clinical experience with the device.

About Picard Medical and SynCardia
Picard Medical, Inc. is the parent company of SynCardia Systems, LLC (“SynCardia”), the Tucson, Arizona–based leader with the only commercially available total artificial heart technology for patients with end-stage heart failure. SynCardia develops, manufactures, and commercializes the SynCardia Total Artificial Heart (“STAH”), an implantable system that assumes the circulatory functions of a failing or failed human heart. It is the first artificial heart approved by both the FDA and Health Canada, and it remains the only commercially available artificial heart in the United States and Canada. With more than 2,100 implants performed at hospitals across 27 countries, the SynCardia Total Artificial Heart is the most widely used and extensively studied artificial heart in the world.

For additional information about Picard Medical, please visit www.picardmedical.com or review the Company’s filings with the U.S. Securities and Exchange Commission at www.sec.gov.

Forward-Looking Statements
This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Registration Statement and related prospectus filed in connection with the initial public offering with the SEC. Copies are available on the SEC’s website, http://www.sec.gov.

Contact:

Investors
Eric Ribner
Managing Director
LifeSci Advisors LLC
eric@lifesciadvisors.com

Picard Medical, Inc./SynCardia Systems, LLC
IR@picardmedical.com

General/Media
Brittany Lanza
blanza@syncardia.com


FAQ**

What specific advancements or features can investors expect from the next-generation total artificial heart platform, Emperor, as highlighted in the upcoming Annual Business Update of Picard Medical Inc. PMI?

Investors can expect the next-generation total artificial heart platform, Emperor, to feature enhanced biocompatibility, improved hemodynamics, integrated monitoring systems, and streamlined design, all focused on better patient outcomes and usability, as highlighted in Picard Medical Inc.'s Annual Business Update.

How does Picard Medical Inc. PMI plan to expand its market presence and commercial activities beyond the current geographical areas mentioned during the webcast?

Picard Medical Inc. plans to expand its market presence and commercial activities by leveraging strategic partnerships, enhancing product offerings, and targeting new geographical regions through increased marketing efforts and distribution channels.

Can the management of Picard Medical Inc. PMI elaborate on any potential risks and uncertainties mentioned in the forward-looking statements that could impact future growth and financial results?

Picard Medical Inc. PMI acknowledges that potential risks and uncertainties impacting future growth and financial results include market competition, regulatory changes, and technological advancements, which the management is prepared to address through strategic planning and innovation.

What insights or feedback from leading clinicians discussed in the webcast will shape the strategic priorities of Picard Medical Inc. PMI in the artificial heart landscape moving forward?

Insights from leading clinicians highlighted the need for enhanced patient-centered design, integration with existing healthcare systems, and innovative approaches to patient monitoring, which will guide Picard Medical Inc.'s strategic priorities in evolving the artificial heart landscape.

**MWN-AI FAQ is based on asking OpenAI questions about Picard Medical Inc. (NYSE: PMI).

Picard Medical Inc.

NASDAQ: PMI

PMI Trading

-10.45% G/L:

$0.45 Last:

1,498,597 Volume:

$0.46 Open:

mwn-ts Ad 300

PMI Latest News

PMI Stock Data

$123,817,976
24,468,790
N/A
6
N/A
Medical Equipment & Supplies
Healthcare
US
Tucson

Subscribe to Our Newsletter

Link Market Wire News to Your X Account

Download The Market Wire News App