Medtech industry veteran to oversee development and commercialization of PAVmed&#39;s current and future medical device portfolio.Octeris, Inc. subsidiary formed to advance endoscopic esophageal imaging technology

<p xmlns="http://www.w3.org/1999/xhtml" class="prntac"><i xmlns="http://www.w3.org/1999/xhtml">Medtech industry veteran to oversee development and commercialization of PAVmed&#39;s current and future medical device portfolio.</i></p><p xmlns="http://www.w3.org/1999/xhtml" class="prntac"><i xmlns="http://www.w3.org/1999/xhtml">Octeris, Inc. subsidiary formed to advance endoscopic esophageal imaging technology recently licensed from Duke University.</i></p><p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">NEW YORK</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">April 2, 2026</span> /PRNewswire/ -- <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4655990-1&amp;h=3151572286&amp;u=https%3A%2F%2Fpavmed.com%2F&amp;a=PAVmed+Inc." target="_blank" rel="nofollow"><b xmlns="http://www.w3.org/1999/xhtml">PAVmed Inc.</b></a> <b xmlns="http://www.w3.org/1999/xhtml">(NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/PAVM">PAVM</a>) </b>(&#34;PAVmed&#34; or the &#34;Company&#34;), a diversified commercial-stage medical technology company, operating in the medical device, diagnostics, and digital health sectors, today announced that it has appointed medical technology industry veteran Joseph Virgilio as Senior Vice President and Chief Business Officer, Medical Devices to oversee the development and commercialization of PAVmed&#39;s current and future medical device portfolio.</p>
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<p xmlns="http://www.w3.org/1999/xhtml">&#34;Fixing PAVmed&#39;s capital structure and strengthening our balance sheet has allowed us to proceed with the long-anticipated relaunch our medical device portfolio under dedicated, experienced leadership,&#34; said PAVmed Chairman and Chief Executive Officer, <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4655990-1&amp;h=1825372574&amp;u=https%3A%2F%2Fwww.pavmed.com%2Four-company%2Fleadership&amp;a=Lishan+Aklog%2C+M.D" target="_blank" rel="nofollow">Lishan Aklog, M.D</a><u xmlns="http://www.w3.org/1999/xhtml">.</u> &#34;We look forward to leveraging Mr. Virgilio&#39;s deep sector experience and leadership as we advance our existing medical device programs, while seeking to expand our pipeline with significant commercial opportunities which enhance long-term shareholder value. This relaunch is consistent with our mission to build a high-growth diversified commercial life sciences company with multiple independently financed subsidiaries operating under a shared services model.&#34;</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml"><i xmlns="http://www.w3.org/1999/xhtml">Medical Device Leadership</i></b></p><p xmlns="http://www.w3.org/1999/xhtml">Mr. Virgilio brings over 25 years of leadership experience across the medical device industry, with a track record of building and scaling medical technology businesses, advancing products from development through regulatory approval and commercialization, raising public and private capital, and establishing strategic partnerships.</p><p xmlns="http://www.w3.org/1999/xhtml">Mr. Virgilio most recently served as President and Chief Executive Officer of Morphic Medical, a clinical-stage company in the gastrointestinal and metabolic intervention space. He led the company&#39;s commercial and operational strategy, advanced key regulatory initiatives including EU approvals and a U.S. FDA pre-market authorization (PMA) study, during which time the company secured over $40 million in capital to support growth and execution.</p><p xmlns="http://www.w3.org/1999/xhtml">Mr. Virgilio has extensive prior experience building and scaling commercial organizations and driving adoption of innovative medical technologies at Amann Girrbach North America LP, Surgical Specialties Corporation (now Corza Medical Inc.), and Aptus Endosystems (acquired by Medtronic Inc.), as well as in earlier roles at Boston Scientific Inc. and Medtronic Inc. Mr. Virgilio has also served in industry-wide leadership roles on the Board of Directors of AdvaMed, the world&#39;s leading medical technology trade association, and its emerging company division, AdvaMed Accel.</p><p xmlns="http://www.w3.org/1999/xhtml">&#34;PAVmed has already established a strong foundation with its existing medical device programs, and I&#39;m excited to build on that momentum,&#34; said Mr. Virgilio. &#34;We have the opportunity to advance these assets while expanding the portfolio with additional high-quality opportunities. My focus will be on driving disciplined execution across the current portfolio, securing dedicated capital, advancing these programs toward key regulatory and commercial milestones, and continuing to build a diversified medical device portfolio through capital-efficient growth.&#34;</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml"><i xmlns="http://www.w3.org/1999/xhtml">Relaunched Medical Device Portfolio</i></b></p><p xmlns="http://www.w3.org/1999/xhtml">Under Mr. Virgilio&#39;s leadership, PAVmed&#39;s has relaunched its medical device portfolio spanning assets across development and commercialization stages.</p><p xmlns="http://www.w3.org/1999/xhtml">The portfolio includes the Company&#39;s PortIO implantable intraosseous vascular access device, which is designed to enable rapid and reliable delivery of fluids, medications, and other therapeutics directly into the bone marrow cavity and central venous circulation.</p><p xmlns="http://www.w3.org/1999/xhtml">The portfolio also includes multi-modality endoscopic imaging technology recently licensed from Duke University, designed to identify and facilitate treatment of esophageal dysplasia during upper endoscopy. PAVmed and Duke University recently executed a definitive license agreement for this technology, following a previously announced <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4655990-1&amp;h=1173408776&amp;u=https%3A%2F%2Fir.pavmed.com%2F2025-08-26-PAVmed-Signs-Letter-of-Intent-to-License-Groundbreaking-Endoscopic-Esophageal-Imaging-Technology&amp;a=letter+of+intent" target="_blank" rel="nofollow">letter of intent</a>, through a newly formed PAVmed subsidiary, Octeris, Inc., Octeris will support ongoing sponsored research with Duke University to advance the development and clinical application of the technology.</p><p xmlns="http://www.w3.org/1999/xhtml">Mr Virgilio will serve as Chief Executive Officer of both subsidiaries—PortIO Inc. and Octeris Inc.</p><p xmlns="http://www.w3.org/1999/xhtml">PAVmed is actively pursuing additional medical device opportunities across various subsectors, with a focus on those with synergies to existing assets, including promising gastroesophageal reflux-focused technologies.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">About PAVmed and its Subsidiaries</b></p><p xmlns="http://www.w3.org/1999/xhtml">PAVmed Inc. is a diversified commercial-stage medical technology company operating in the medical device, diagnostics, and digital health sectors. Its subsidiary, Lucid Diagnostics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/LUCD">LUCD</a>), is a commercial-stage cancer prevention medical diagnostics company that markets the EsoGuard<sup xmlns="http://www.w3.org/1999/xhtml">&#xAE;</sup> Esophageal DNA Test and EsoCheck<sup xmlns="http://www.w3.org/1999/xhtml">&#xAE;</sup> Esophageal Cell Collection Device—the first and only commercial tools for widespread early detection of esophageal precancer to mitigate the risks of esophageal cancer deaths. Its other subsidiary, Veris Health Inc., is a digital health company focused on enhanced personalized cancer care through remote patient monitoring using implantable biologic sensors with wireless communication along with a custom suite of connected external devices. Veris is concurrently developing an implantable physiological monitor, designed to be implanted alongside a chemotherapy port, which will interface with the Veris Cancer Care Platform.</p><p xmlns="http://www.w3.org/1999/xhtml">For more and for more information about PAVmed, please visit <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4655990-1&amp;h=4290468720&amp;u=http%3A%2F%2Fwww.pavmed.com%2F&amp;a=pavmed.com" target="_blank" rel="nofollow">pavmed.com</a>.</p><p xmlns="http://www.w3.org/1999/xhtml">For more information about Lucid Diagnostics, please visit <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4655990-1&amp;h=2498181290&amp;u=http%3A%2F%2Fwww.luciddx.com%2F&amp;a=luciddx.com" target="_blank" rel="nofollow">luciddx.com</a>.</p><p xmlns="http://www.w3.org/1999/xhtml">For more information about Veris Health, please visit <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4655990-1&amp;h=2513768606&amp;u=http%3A%2F%2Fwww.verishealth.com%2F&amp;a=verishealth.com" target="_blank" rel="nofollow">verishealth.com</a>. </p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Forward-Looking Statements</b></p><p xmlns="http://www.w3.org/1999/xhtml">This press release includes forward-looking statements that involve risk and uncertainties. Forward-looking statements are any statements that are not historical facts. Such forward-looking statements, which are based upon the current beliefs and expectations of PAVmed&#39;s management, are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. Risks and uncertainties that may cause such differences include, among other things, volatility in the price of PAVmed&#39;s common stock; general economic and market conditions; the uncertainties inherent in research and development, including the cost and time required to advance PAVmed&#39;s products to regulatory submission; whether regulatory authorities will be satisfied with the design of and results from PAVmed&#39;s clinical and preclinical studies; whether and when PAVmed&#39;s products are cleared by regulatory authorities; market acceptance of PAVmed&#39;s products once cleared and commercialized; PAVmed&#39;s ability to raise additional funding as needed; and other competitive developments. These factors are difficult or impossible to predict accurately and many of them are beyond PAVmed&#39;s control. In addition, new risks and uncertainties may arise from time to time and are difficult to predict. For a further list and description of these and other important risks and uncertainties that may affect PAVmed&#39;s future operations, see Part I, Item 1A, &#34;Risk Factors,&#34; in PAVmed&#39;s most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission, as the same may be updated in Part II, Item 1A, &#34;Risk Factors&#34; in any Quarterly Report on Form 10-Q filed by PAVmed after its most recent Annual Report. PAVmed disclaims any intention or obligation to publicly update or revise any forward-looking statement to reflect any change in its expectations or in events, conditions, or circumstances on which those expectations may be based, or that may affect the likelihood that actual results will differ from those contained in the forward-looking statements.</p><p xmlns="http://www.w3.org/1999/xhtml"> </p>



<p xmlns="http://www.w3.org/1999/xhtml" id="PURL"><img xmlns="http://www.w3.org/1999/xhtml" title="Cision" width="12" height="12" alt="Cision" src="https://edge.prnewswire.com/c/img/favicon.png?sn=NY25728&amp;sd=2026-04-02"></img> View original content to download multimedia:<a xmlns="http://www.w3.org/1999/xhtml" id="PRNURL" rel="nofollow" href="https://www.prnewswire.com/news-releases/pavmed-appoints-joseph-virgilio-to-lead-relaunched-medical-device-portfolio-302732458.html" target="_blank">https://www.prnewswire.com/news-releases/pavmed-appoints-joseph-virgilio-to-lead-relaunched-medical-device-portfolio-302732458.html</a></p><p xmlns="http://www.w3.org/1999/xhtml">SOURCE PAVmed Inc.</p>

LUCD

PAVmed Appoints Joseph Virgilio to Lead Relaunched Medical Device Portfolio

PAVmed Appoints New Chief Business Officer to Strengthen Medical Device Strategy

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Medtech industry veteran to oversee development and commercialization of PAVmed&amp;#39;s current and future medical device portfolio.Octeris, Inc. subsidiary formed to advance endoscopic esophageal imaging technology</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>PAVmed has appointed Joseph Virgilio as Chief Business Officer for Medical Devices, leveraging his extensive experience to advance its medical device portfolio. This strategic move is expected to drive growth, enhance shareholder value, and bolster the commercialization of innovative healthcare technologies.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>PAVmed appoints Joseph Virgilio as Chief Business Officer for medical devices.</li><li>Virgilio has 25 years of medtech experience, crucial for PAVmed&#039;s strategy.</li><li>PAVmed&#039;s medical device portfolio includes innovative endoscopic imaging technologies.</li><li>New subsidiary Octeris formed to advance esophageal imaging technology licensed from Duke University.</li><li>PAVmed aims to enhance shareholder value with disciplined execution and capital efficiency.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>PAVmed Inc. (PAVM)</strong>: Parent company driving innovations and strategic growth in medical technologies.</li><li><strong>Lucid Diagnostics Inc. (LUCD)</strong>: Key subsidiary focused on esophageal cancer prevention diagnostics.</li><li><strong>Morph Medical (N/A)</strong>: Former company of Joseph Virgilio that secured over $40 million for growth.</li><li><strong>Medtronic Inc. (MDT)</strong>: Industry leader in medical devices that could face competition from PAVmed.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>The article fits in &#039;Corporate Developments&#039; as it discusses executive leadership changes within PAVmed that aim to enhance their medical device portfolio. This strategic appointment and restructuring are critical in shaping the future direction and growth potential of the company.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Joseph Virgilio’s extensive experience may accelerate product development timelines.</li><li>The launch of Octeris could lead to a breakthrough in esophageal imaging.</li><li>Continued focus on capital-efficient growth may enhance valuations for LUCD.</li><li>PAVmed&#039;s reinforced capital structure supports further investments in growth opportunities.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Joseph Virgilio brings over 25 years in medical device leadership.</li><li>The portfolio includes the PortIO vascular access device and endoscopic imaging tech.</li><li>Octeris, Inc. was established to further develop a technology licensed from Duke University.</li><li>PAVmed reaffirmed its commitment to high-growth diversified operations.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Buy LUCD for upward potential driven by new leadership and product innovation in 2026.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml" class="prntac"><i xmlns="http://www.w3.org/1999/xhtml">Medtech industry veteran to oversee development and commercialization of PAVmed&#39;s current and future medical device portfolio.</i></p><p xmlns="http://www.w3.org/1999/xhtml" class="prntac"><i xmlns="http://www.w3.org/1999/xhtml">Octeris, Inc. subsidiary formed to advance endoscopic esophageal imaging technology recently licensed from Duke University.</i></p><p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">NEW YORK</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">April 2, 2026</span> /PRNewswire/ -- <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4655990-1&amp;h=3151572286&amp;u=https%3A%2F%2Fpavmed.com%2F&amp;a=PAVmed+Inc." target="_blank" rel="nofollow"><b xmlns="http://www.w3.org/1999/xhtml">PAVmed Inc.</b></a> <b xmlns="http://www.w3.org/1999/xhtml">(NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/PAVM">PAVM</a>) </b>(&#34;PAVmed&#34; or the &#34;Company&#34;), a diversified commercial-stage medical technology company, operating in the medical device, diagnostics, and digital health sectors, today announced that it has appointed medical technology industry veteran Joseph Virgilio as Senior Vice President and Chief Business Officer, Medical Devices to oversee the development and commercialization of PAVmed&#39;s current and future medical device portfolio.</p>
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                    <img xmlns="http://www.w3.org/1999/xhtml" src="https://mma.prnewswire.com/media/2011714/PAVmed_updated_Logo.jpg" title="PAVmed Inc. is a diversified commercial-stage medical technology company operating in the medical device, diagnostics, and digital health sectors. (PRNewsfoto/PAVmed Inc.)" alt="PAVmed Inc. is a diversified commercial-stage medical technology company operating in the medical device, diagnostics, and digital health sectors. (PRNewsfoto/PAVmed Inc.)"></img>
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<p xmlns="http://www.w3.org/1999/xhtml">&#34;Fixing PAVmed&#39;s capital structure and strengthening our balance sheet has allowed us to proceed with the long-anticipated relaunch our medical device portfolio under dedicated, experienced leadership,&#34; said PAVmed Chairman and Chief Executive Officer, <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4655990-1&amp;h=1825372574&amp;u=https%3A%2F%2Fwww.pavmed.com%2Four-company%2Fleadership&amp;a=Lishan+Aklog%2C+M.D" target="_blank" rel="nofollow">Lishan Aklog, M.D</a><u xmlns="http://www.w3.org/1999/xhtml">.</u> &#34;We look forward to leveraging Mr. Virgilio&#39;s deep sector experience and leadership as we advance our existing medical device programs, while seeking to expand our pipeline with significant commercial opportunities which enhance long-term shareholder value. This relaunch is consistent with our mission to build a high-growth diversified commercial life sciences company with multiple independently financed subsidiaries operating under a shared services model.&#34;</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml"><i xmlns="http://www.w3.org/1999/xhtml">Medical Device Leadership</i></b></p><p xmlns="http://www.w3.org/1999/xhtml">Mr. Virgilio brings over 25 years of leadership experience across the medical device industry, with a track record of building and scaling medical technology businesses, advancing products from development through regulatory approval and commercialization, raising public and private capital, and establishing strategic partnerships.</p><p xmlns="http://www.w3.org/1999/xhtml">Mr. Virgilio most recently served as President and Chief Executive Officer of Morphic Medical, a clinical-stage company in the gastrointestinal and metabolic intervention space. He led the company&#39;s commercial and operational strategy, advanced key regulatory initiatives including EU approvals and a U.S. FDA pre-market authorization (PMA) study, during which time the company secured over $40 million in capital to support growth and execution.</p><p xmlns="http://www.w3.org/1999/xhtml">Mr. Virgilio has extensive prior experience building and scaling commercial organizations and driving adoption of innovative medical technologies at Amann Girrbach North America LP, Surgical Specialties Corporation (now Corza Medical Inc.), and Aptus Endosystems (acquired by Medtronic Inc.), as well as in earlier roles at Boston Scientific Inc. and Medtronic Inc. Mr. Virgilio has also served in industry-wide leadership roles on the Board of Directors of AdvaMed, the world&#39;s leading medical technology trade association, and its emerging company division, AdvaMed Accel.</p><p xmlns="http://www.w3.org/1999/xhtml">&#34;PAVmed has already established a strong foundation with its existing medical device programs, and I&#39;m excited to build on that momentum,&#34; said Mr. Virgilio. &#34;We have the opportunity to advance these assets while expanding the portfolio with additional high-quality opportunities. My focus will be on driving disciplined execution across the current portfolio, securing dedicated capital, advancing these programs toward key regulatory and commercial milestones, and continuing to build a diversified medical device portfolio through capital-efficient growth.&#34;</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml"><i xmlns="http://www.w3.org/1999/xhtml">Relaunched Medical Device Portfolio</i></b></p><p xmlns="http://www.w3.org/1999/xhtml">Under Mr. Virgilio&#39;s leadership, PAVmed&#39;s has relaunched its medical device portfolio spanning assets across development and commercialization stages.</p><p xmlns="http://www.w3.org/1999/xhtml">The portfolio includes the Company&#39;s PortIO implantable intraosseous vascular access device, which is designed to enable rapid and reliable delivery of fluids, medications, and other therapeutics directly into the bone marrow cavity and central venous circulation.</p><p xmlns="http://www.w3.org/1999/xhtml">The portfolio also includes multi-modality endoscopic imaging technology recently licensed from Duke University, designed to identify and facilitate treatment of esophageal dysplasia during upper endoscopy. PAVmed and Duke University recently executed a definitive license agreement for this technology, following a previously announced <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4655990-1&amp;h=1173408776&amp;u=https%3A%2F%2Fir.pavmed.com%2F2025-08-26-PAVmed-Signs-Letter-of-Intent-to-License-Groundbreaking-Endoscopic-Esophageal-Imaging-Technology&amp;a=letter+of+intent" target="_blank" rel="nofollow">letter of intent</a>, through a newly formed PAVmed subsidiary, Octeris, Inc., Octeris will support ongoing sponsored research with Duke University to advance the development and clinical application of the technology.</p><p xmlns="http://www.w3.org/1999/xhtml">Mr Virgilio will serve as Chief Executive Officer of both subsidiaries—PortIO Inc. and Octeris Inc.</p><p xmlns="http://www.w3.org/1999/xhtml">PAVmed is actively pursuing additional medical device opportunities across various subsectors, with a focus on those with synergies to existing assets, including promising gastroesophageal reflux-focused technologies.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">About PAVmed and its Subsidiaries</b></p><p xmlns="http://www.w3.org/1999/xhtml">PAVmed Inc. is a diversified commercial-stage medical technology company operating in the medical device, diagnostics, and digital health sectors. Its subsidiary, Lucid Diagnostics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/LUCD">LUCD</a>), is a commercial-stage cancer prevention medical diagnostics company that markets the EsoGuard<sup xmlns="http://www.w3.org/1999/xhtml">&#xAE;</sup> Esophageal DNA Test and EsoCheck<sup xmlns="http://www.w3.org/1999/xhtml">&#xAE;</sup> Esophageal Cell Collection Device—the first and only commercial tools for widespread early detection of esophageal precancer to mitigate the risks of esophageal cancer deaths. Its other subsidiary, Veris Health Inc., is a digital health company focused on enhanced personalized cancer care through remote patient monitoring using implantable biologic sensors with wireless communication along with a custom suite of connected external devices. Veris is concurrently developing an implantable physiological monitor, designed to be implanted alongside a chemotherapy port, which will interface with the Veris Cancer Care Platform.</p><p xmlns="http://www.w3.org/1999/xhtml">For more and for more information about PAVmed, please visit <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4655990-1&amp;h=4290468720&amp;u=http%3A%2F%2Fwww.pavmed.com%2F&amp;a=pavmed.com" target="_blank" rel="nofollow">pavmed.com</a>.</p><p xmlns="http://www.w3.org/1999/xhtml">For more information about Lucid Diagnostics, please visit <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4655990-1&amp;h=2498181290&amp;u=http%3A%2F%2Fwww.luciddx.com%2F&amp;a=luciddx.com" target="_blank" rel="nofollow">luciddx.com</a>.</p><p xmlns="http://www.w3.org/1999/xhtml">For more information about Veris Health, please visit <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4655990-1&amp;h=2513768606&amp;u=http%3A%2F%2Fwww.verishealth.com%2F&amp;a=verishealth.com" target="_blank" rel="nofollow">verishealth.com</a>. </p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Forward-Looking Statements</b></p><p xmlns="http://www.w3.org/1999/xhtml">This press release includes forward-looking statements that involve risk and uncertainties. Forward-looking statements are any statements that are not historical facts. Such forward-looking statements, which are based upon the current beliefs and expectations of PAVmed&#39;s management, are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. Risks and uncertainties that may cause such differences include, among other things, volatility in the price of PAVmed&#39;s common stock; general economic and market conditions; the uncertainties inherent in research and development, including the cost and time required to advance PAVmed&#39;s products to regulatory submission; whether regulatory authorities will be satisfied with the design of and results from PAVmed&#39;s clinical and preclinical studies; whether and when PAVmed&#39;s products are cleared by regulatory authorities; market acceptance of PAVmed&#39;s products once cleared and commercialized; PAVmed&#39;s ability to raise additional funding as needed; and other competitive developments. These factors are difficult or impossible to predict accurately and many of them are beyond PAVmed&#39;s control. In addition, new risks and uncertainties may arise from time to time and are difficult to predict. For a further list and description of these and other important risks and uncertainties that may affect PAVmed&#39;s future operations, see Part I, Item 1A, &#34;Risk Factors,&#34; in PAVmed&#39;s most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission, as the same may be updated in Part II, Item 1A, &#34;Risk Factors&#34; in any Quarterly Report on Form 10-Q filed by PAVmed after its most recent Annual Report. PAVmed disclaims any intention or obligation to publicly update or revise any forward-looking statement to reflect any change in its expectations or in events, conditions, or circumstances on which those expectations may be based, or that may affect the likelihood that actual results will differ from those contained in the forward-looking statements.</p><p xmlns="http://www.w3.org/1999/xhtml"> </p>



<p xmlns="http://www.w3.org/1999/xhtml" id="PURL"><img xmlns="http://www.w3.org/1999/xhtml" title="Cision" width="12" height="12" alt="Cision" src="https://edge.prnewswire.com/c/img/favicon.png?sn=NY25728&amp;sd=2026-04-02"></img> View original content to download multimedia:<a xmlns="http://www.w3.org/1999/xhtml" id="PRNURL" rel="nofollow" href="https://www.prnewswire.com/news-releases/pavmed-appoints-joseph-virgilio-to-lead-relaunched-medical-device-portfolio-302732458.html" target="_blank">https://www.prnewswire.com/news-releases/pavmed-appoints-joseph-virgilio-to-lead-relaunched-medical-device-portfolio-302732458.html</a></p><p xmlns="http://www.w3.org/1999/xhtml">SOURCE PAVmed Inc.</p>

PAVmed has appointed Joseph Virgilio as Chief Business Officer for Medical Devices, leveraging his extensive experience to advance its medical device portfolio. This strategic move is expected to drive growth, enhance shareholder value, and bolster the commercialization of innovative healthcare technologies.

PAVmed Appoints Joseph Virgilio to Lead Relaunched Medical Device Portfolio

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