Rewalk Robotics

Lifeward has announced the departure of its CEO and CFO, as the Hudson medical device manufacturer said its current cash resources are insufficient to fund planned operations over the next year.

Lifeward has completed a roughly $47-million deal to acquire a protein drug delivery technology from New York-based Oramed Pharmaceuticals.

Lifeward received its deficiency letter on Aug. 5.

Lifeward had a second executive join its C-suite transition in two months as the Marlborough-based medical device has selected its new CFO.

Lifeward mobility products will be available in six new countries following the company's expanded partnership with its England-based distributor. 

Grant served in various leadership roles at Medtronic from 2004 to 2023.

Lifeward, the Marlborough-based manufacturer of mobility assistive devices formerly known as ReWalk Robotics, has named the executive vice president of a Waltham medical device company to the chairman of its board of directors.

Swinford is the CEO of Numotion, a Tennessee-based wheelchair and mobility equipment company. Numotion has 150 storefronts in the country, including a location in Worcester.

The situation in Central Massachusetts, where 15.6% of named executive officers are female, largely mirrors the Massachusetts rate of 16.1% determined in a statewide census.

ReWalk is expanding direct sales of its exoskeleton devices into Canada.