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Lifeward Closes Strategic Partnership with Oramed

Lifeward (LFWD) announced that it has closed on the company's previously announced strategic partnership agreement with Oramed Pharmaceuticals (ORMP). The transaction has positioned Lifeward as a diversified biomedical innovation company with an expected clear path to profitability. Lifeward acquired Oramed's clinical-stage Protein Oral Delivery technology, adding exposure to a large, long-term biotech market opportunity. Through the new partnership, Lifeward has access to up to $47M of capital from Oramed and certain investors, and on March 25, Lifeward accessed $10M of such capital.

Lifeward Reports Q4 Revenue of $5.1M, CEO Highlights Strategic Investment

Reports Q4 revenue $5.1M vs. $7.5M last year. "We are entering 2026 with a pivotal transaction that establishes Lifeward as a diversified biomedical innovation company positioned for long-term growth and sustainability," said Mark Grant, CEO of Lifeward. "The transformative strategic investment agreement with Oramed introduces an entirely new technology platform to Lifeward through Oramed's Protein Oral Delivery technology, while Oramed continues to fund and manage development of the clinical pipeline, whose lead asset is oral insulin. This transaction significantly expands our innovation pipeline while allowing us to maintain focus on operational execution and growth in our core neuro-rehabilitation Medtech business. With shareholder approval secured and the transaction expected to close shortly, we believe this partnership, which includes financing agreements with Oramed, provides a cash runway and positions Lifeward on a clear path toward achieving cash flow positive. While 2025 was a transition year for Lifeward as we repositioned the Company for its next phase of growth, in 2026 we are already executing on our strategy to become a diversified biomedical innovation company. Our acquisition of a powered upper-body exoskeleton technology is a strong example of this approach: it complements our ReWalk platform, leverages the same sales, distribution and reimbursement infrastructure we have already built, and adds scale to our operations while delivering life-enhancing solutions to patients. As we continue to evaluate additional accretive transactions and build a robust pipeline of high-value clinical assets, we remain focused on growing revenues through our commercialized neuro-rehabilitation products and achieving positive cash flow."