Lifeward Partners with Oramed in Strategic Investment to Propel MedTech and Biotech Growth
Marlborough, Mass. and Yokneam Illit, Israel — Lifeward Ltd. (Nasdaq: LFWD), a leading innovator in medical technology, has announced a strategic partnership with Oramed Pharmaceuticals Inc. (Nasdaq: ORMP) on January 13, 2026. This transformative agreement is expected to steer Lifeward toward becoming cash flow positive while diversifying its portfolio across MedTech and biotech sectors.
Investment Structure and Financial Implications
The partnership includes an investment of up to $47 million by Oramed and another investor. This capital injection will primarily consist of equity, convertible notes, and milestone-based funding, aimed at supporting Lifeward's journey to profitability.
The significant investment is structured as follows:
- Convertible Note A: Oramed and another investor will invest an aggregate of $10 million in convertible notes bearing an 8% annual interest rate.
- Convertible Note B: An additional $10 million will be invested upon meeting specific revenue or share price milestones, also at an 8% interest rate.
Acquisition of POD™ Technology
Lifeward will integrate Oramed's proprietary Protein Oral Delivery (POD™) technology into its product offerings. This innovative platform aims to convert injectable therapies, such as insulin, into an oral format, addressing a potential market exceeding $600 billion in the injectable drugs sector.
The POD™ technology not only targets diabetes, a market worth over $80 billion annually, but has implications for a variety of metabolic, endocrine, and inflammatory diseases. The clinical trials conducted on POD™ have shown promising results for insulin delivery efficiency and patient compliance.
Strategic Goals Post-Transaction
This collaboration marks the beginning of a broader diversification strategy for Lifeward, focusing on:
- Achieving sustainable profitability from existing FDA-approved MedTech products, including the ReWalk® and AlterG® lines.
- Selective investment in high-potential assets with clear milestones and favorable risk-adjusted returns.
- Establishing a balanced and diversified biomedical portfolio that merges immediate revenue generation with longer-term biotech innovations.
Mark Grant, President and CEO of Lifeward, stated, "This transaction, if approved, is expected to provide us with the financial resources to reach profitability with our proven products while simultaneously unlocking significant growth opportunities."
Leadership Insights and Future Directions
According to Nadav Kidron, CEO of Oramed, this transaction constitutes a vital strategic milestone. Oramed will retain substantial ownership and gain participation in a successful revenue-generating medical robotics business while continuing to manage the clinical development of the POD™ technology.
Grant, who has extensive experience in the diabetes industry with past leadership roles at Medtronic, emphasized Lifeward’s commitment to optimizing revenues and achieving cash flow positivity.
Conclusion
The ongoing strategic partnership between Lifeward and Oramed is anticipated to facilitate Lifeward’s entry into a rapidly expanding biotech landscape, presenting lucrative opportunities. The potential of the POD™ technology alone could redefine treatment methodologies for chronic conditions like diabetes, thereby reinforcing Lifeward’s position in the MedTech and biotech markets.
For more updates on Lifeward and its upcoming endeavors, keep an eye on the stock symbol LFWD for real-time market developments.