C

CVRx

Neuromodulation device for heart failure treatment

Overview

CVRx develops BAROSTIM NEO, a neuromodulation therapy for heart failure. The device delivers electrical stimuli to baroreceptors in the cardiovascular system to modulate nerve activity and support blood pressure regulation, aiming to improve heart function in patients who struggle with fatigue, shortness of breath, and fluid retention. The system works through an implanted or wearable neuromodulation device that interacts with the body's nerve signals to influence cardiovascular control. CVRx differentiates itself by offering a focused solution for heart failure that combines the device with provider-focused support programs to facilitate patient access and reimbursement, working with hospitals and clinics to implement therapy. The company's goal is to improve patient outcomes for heart failure and expand the adoption of BAROSTIM THERAPY by helping healthcare providers treat more patients effectively.

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About CVRx

Simplify's Rating
Why CVRx is rated
C-
Rated C on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

Industries

Healthcare

Company Size

201-500

Company Stage

IPO

Headquarters

Minneapolis, MN

Founded

2001

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What believers are saying

  • Humana and another payer now cover Barostim, reaching 21% of Medicare Advantage lives.
  • Q3 2026 gross margin held at 87%, supporting eventual operating leverage.
  • CEO Kevin Hykes expects BENEFIT-HF and 2027 FDA discussions to expand the indication.

What critics are saying

  • On August 6, 2026, DOJ launched an FCA probe into Barostim marketing and kickbacks.
  • CVRx cut 2026 revenue guidance to $56-$57 million after UnitedHealthcare approvals collapsed.
  • The November 2026 securities class action targets executives; litigation can drain cash and talent.

What makes CVRx unique

  • Barostim remains the only FDA-approved neuromodulation implant for heart failure symptoms.
  • CVRx has real-world REBALANCE data across 435 patients and 45 U.S. centers.
  • HFSA 2026 visibility put Barostim into nine podium and poster presentations.

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Funding

Total Funding

$551.6M

Above

Industry Average

Funded Over

9 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison Coming Soon

Benefits

  • Health Insurance
  • Dental Insurance
  • Life Insurance
  • Disability Insurance
  • Health Savings Account/Flexible Spending Account
  • 401(k) Retirement Plan
  • 401(k) Company Match
  • Employee Stock Purchase Plan
  • Stock Options
  • Company Equity
  • Paid Holidays
  • Parental Leave

Stock Price

Growth & Insights and Company News

6 month growth

2%

1 year growth

1%

2 year growth

1%
GlobeNewswire
Nov 11th, 2026
ROSEN, LEADING INVESTOR COUNSEL, encourages CVRx, Inc. investors to secure counsel before important deadline in Securities Class Action - CVRX.

ROSEN, LEADING INVESTOR COUNSEL, encourages CVRx, Inc. investors to secure counsel before important deadline in Securities Class Action - CVRX. NEW YORK, Nov. 10, 2026 (GLOBE NEWSWIRE) - WHY: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of common stock of CVRx, Inc. (NASDAQ: CVRX) between July 25, 2023 and August 6, 2026, inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 8, 2027. SO WHAT: If you purchased CVRx common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the CVRx class action, go to https://rosenlegal.com/cases/cvrx-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 8, 2027. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. DETAILS OF THE CASE: According to the lawsuit, to the lawsuit, defendants made materially false and misleading statements about CVRx's revenue growth, sales practices, regulatory compliance, reimbursement strategy, and sales-force productivity. Specifically, CVRx allegedly generated revenue in part through improper sales practices, including improper marketing of Barostim, kickbacks, and false information provided to government health insurance programs. This conduct allegedly exposed CVRx to liability under the False Claims Act and Anti-Kickback Statute. The complaint also alleges that, contrary to defendants' assurances that the sales force had stabilized, turnover remained elevated and productivity lagged because many sales representatives needed more training and time to become productive. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the CVRx class action, go to https://rosenlegal.com/cases/cvrx-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 [email protected] www.rosenlegal.com

GlobeNewswire
Nov 11th, 2026
Gainey McKenna & Egleston announces A class action lawsuit has been filed against CVRx, Inc. (CVRX).

Gainey McKenna & Egleston announces A class action lawsuit has been filed against CVRx, Inc. (CVRX). NEW YORK, Nov. 10, 2026 (GLOBE NEWSWIRE) - Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the District of Minnesota on behalf of all persons or entities who purchased or otherwise acquired CVRx, Inc. ("CVRx" or the "Company") (NASDAQ: CVRX) securities between July 25, 2023 and August 6, 2026, inclusive (the "Class Period"). The class action charges CVRx and certain of CVRx's top executives with violations of the Securities Exchange Act of 1934. The Complaint alleges that Defendants failed to disclose to investors that: (a) to induce sales growth, CVRx and/or its employees were engaged in illegal and unsustainable sales practices, including improperly marketing Barostim, offering or paying kickbacks, and providing false information to government health insurance programs in violation of the False Claims Act ("FCA") and Anti-Kickback Statute ("AKS"); (b) CVRx's revenues were in part the product of such unlawful conduct and thus unsustainable; (c) the illegal sales and marketing activities increased the risk of criminal and civil liability; and (d) as a result of the foregoing, Defendants' public statements, including the Company's reported revenue, purported growth drivers, compliance with the FCA and AKS, the effectiveness of its patient access and reimbursement strategy, and the effectiveness of CVRx's internal controls over financial reporting were materially false and misleading at all relevant times. Investors who purchased or otherwise acquired shares of CVRx should contact the Firm prior to the January 8, 2027 lead plaintiff motion deadline. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to discuss your rights or interests regarding this class action, please contact Thomas J. McKenna, Esq. or Gregory M. Egleston, Esq. of Gainey McKenna & Egleston at (212) 983-1300, or via e-mail at [email protected] or [email protected]. Please visit our website at http://www.gme-law.com for more information about the firm.

PR Newswire
Nov 10th, 2026
CVRx faces class action after DOJ probe and 60% share plunge; lead plaintiff deadline January 8, 2027

Hagens Berman, a shareholder rights firm, says a securities class action has been filed in federal court against CVRx, Inc. (NASDAQ: CVRX). Investors who lost money have until January 8, 2027 to seek lead plaintiff status. The class period runs from July 25, 2023 to August 6, 2026. The suit follows CVRx's August 6, 2026 disclosures. These included a US Department of Justice Civil Investigative Demand received May 14, 2026, a sharp cut to 2026 revenue guidance, and sales force problems. Its main Medicare Advantage payer also cut 30-day approvals from 80% to 25%. CVRx's stock fell 60% on August 7, 2026. On August 10, 2026, the company terminated its chief revenue officer, Robert John.

Pluang
Nov 10th, 2026
CVRx faces class action after DOJ probe, revenue cuts, and sales issues hit stock by 60%.

CVRx faces class action after DOJ probe, revenue cuts, and sales issues hit stock by 60%. Market News 10 Nov 2026, 18:49 WIB PRNewsWire CVRx, Inc. is facing a class action lawsuit following a U.S. Department of Justice investigation into potential false claims and kickbacks related to its heart failure device Barostim. The company also cut its 2026 revenue guidance sharply and revealed major problems with its sales force and Medicare Advantage approvals, causing its stock to drop 60% in one day. The lawsuit alleges CVRx misled investors about its sales force and reimbursement rates. Investors who suffered losses can submit claims, and whistleblowers are encouraged to come forward. CVRx, Inc. is the subject of a securities class action following a DOJ investigation and sharp revenue guidance cut. For readers following the health sector, here is Pluang's market snapshot as of Nov 10, 2026 22:22 WIB: out of 150 priced US health stocks, 40 rose and 108 fell. Notable movers include Ionis Pharmaceuticals Inc. (IONS) at USD 29.34 with a 1-day change of -5.35% and 100% buy order activity, ACADIA Pharmaceuticals Inc. (ACAD) at USD 17.36 up 5.21%, and Brookdale Senior Living Inc. (BKD) at USD 8.87 down 4.73% with 100% sell order activity.

Business Wire
Nov 10th, 2026
Securities class action filed against CVRx, Inc. - CVRX investors encouraged to contact Kirby McInerney LLP.

Securities class action filed against CVRx, Inc. - CVRX investors encouraged to contact Kirby McInerney LLP. NEW YORK-(BUSINESS WIRE)-The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed on behalf of investors who acquired CVRx, Inc. ("CVRx" or the "Company") (NASDAQ: CVRX) securities between July 25, 2023 and August 6, 2026, inclusive ("the Class Period"). If you suffered a loss on your CVRx investments, you have until January 8, 2027 to request lead plaintiff appointment. Investors are encouraged to fill out the contact form above or contact Lauren Molinaro of Kirby McInerney LLP by email at [email protected] to discuss your rights or interests in the securities fraud class action lawsuit at no cost. What Is This Lawsuit About? The lawsuit alleges that CVRx made materially false and/or misleading statements and failed to disclose that: (i) to induce sales growth, CVRx and/or its employees were engaged in illegal and unsustainable sales practices, including improperly marketing Barostim, offering or paying kickbacks, and providing false information to government health insurance programs in violation of the False Claims Act ("FCA") and Anti-Kickback Statute ("AKS"); (ii) CVRx's revenues were in part the product of such unlawful conduct and thus unsustainable; and (iii) the illegal sales and marketing activities increased the risk of criminal and civil liability. On August 6, 2026, CVRx filed with the SEC a Quarterly Report on Form 10-Q, disclosing that, on May 14, 2026, the Company "received a civil investigative demand ('CID') from the U.S Department of Justice in connection with an investigation under the False Claims Act." CVRx stated, "The CID requested information and documents regarding an investigation into whether we caused the submission of false claims to government health insurance programs by improperly marketing our device, offering or paying kickbacks to healthcare providers or providing false information to government health insurance programs." Additionally, the Company lowered its revenue guidance, citing challenges with sales force productivity. On this news, the price of CVRx shares declined by $3.55 per share, or approximately 60%, from $5.94 per share on August 6, 2026 to close at $2.39 on August 7, 2026. The Lead Plaintiff Appointment Process. The federal securities laws permit any investor who acquired eligible securities during the class period to seek appointment as lead plaintiff in a class action lawsuit. Courts do not consider lead plaintiff applications submitted after the relevant deadline. If you choose to take no action, you may remain an absent class member. Learn more about the lead plaintiff process and eligibility requirements here. Courts typically appoint the investor(s) with the largest financial loss in the case and the ability to represent the class rather than investors with simply the largest investment portfolio. Courts regularly appoint individual investors, whether acting alone or as a group, as lead plaintiffs. The rights of any investor who bought shares during the class period are generally already protected. However, lead plaintiffs have the power to influence case strategy and have a say in settlement decisions, as well as decisions concerning allocation of settlement funds among class members. What Should I Do? If you purchased or otherwise acquired CVRx securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro of Kirby McInerney LLP by email at [email protected], or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost. Kirby McInerney LLP is a New York-based plaintiffs' law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm's efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found on Kirby McInerney LLP's website. Kirby McInerney LLP. NASDAQ:CVRX Release Versions

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