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Butterfly Flat Despite New Hire

Butterfly Network (NYSE: BFLY), a pioneer and leader in semiconductor-based ultrasound devices, programmable cloud software and AI, today announced the appointment of Arun Nagdev, MD as Chief Medical Officer – Point-of-Care Ultrasound (POCUS). In this role, Dr. Nagdev will lead the global medical strategy for the Company’s core POCUS business, advancing clinical product validation, strengthening customer engagement, and supporting regulatory and clinical development efforts.

“Dr. Nagdev,” read this morning’s news release, “brings more than 20 years of experience advancing POCUS adoption, education, and clinical standards worldwide. He currently serves as an attending physician and Director of Emergency Ultrasound at Highland General Hospital and as an Associate Clinical Professor of Emergency Medicine at University of California, San Francisco. He has also held national leadership roles within leading professional organizations, including the American College of Emergency Physicians and the American Institute of Ultrasound in Medicine.”

In addition to his clinical and academic leadership, Dr. Nagdev brings deep experience at the intersection of ultrasound, artificial intelligence, and product development. He previously served as Vice President of Clinical at Exo and has advised global imaging companies including Philips and Fujifilm SonoSite. He is also a widely published researcher and educator, with an influential body of peer-reviewed research and invited presentations worldwide.

BFLY shares closed Monday at $5.49.