Nyxoah Showcases Commercial Progress of Genio System in the United States
On Wednesday, Nyxoah participated in an exclusive event at LégiaPark, the life sciences innovation campus located in Liège, bringing together around forty investors and press representatives. The medical technology company presented the commercial progress of the Genio system in the United States, less than a year after its FDA approval.
Commercial Progress of the Genio System in the United States
Olivier Taelman, CEO of Nyxoah, detailed to attendees the commercial advancements of the Genio system in the United States since its FDA approval in August 2025. He also discussed the company's recently announced investment in LégiaPark, a large-scale production site aimed at expanding industrial capacity in line with Nyxoah's growth ambitions.
The Genio system is a probeless and batteryless hypoglossal nerve neurostimulation therapy designed to treat obstructive sleep apnea syndrome (OSAS), the most common sleep-related breathing disorder. The device received CE marking in 2019 and FDA approval in August 2025.
LégiaPark, a Reference Cluster in Wallonia
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Located on the heights of Liège, LégiaPark is described as a reference life sciences cluster in Wallonia. The campus now hosts two publicly traded Belgian companies, Nyxoah and Hyloris Pharmaceuticals, on the same site. Hyloris also participated in the event, presenting its strategy and portfolio of innovative drugs under development to visitors.
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SectorDispositifs médicaux et optique›Dispositifs médicaux
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Context
Period
Period: S1 2026
Key reported figures
Revenue: 14 millions d'euros
Quarterly revenue: 14 millions d'euros
Revenue growth: 484,4 %
Net income: -48,9 millions d'euros
Guidance from the release
nous sommes confiants dans le fait que l'environnement de remboursement actuel soutient l'accélération de notre croissance du chiffre d'affaires aux États-Unis
Risks mentioned
Baisse de la marge brute à 59 % au S1 2026 due à des problèmes de rendement de production au T1 et à un mix de revenus américain plus important
Augmentation des charges de vente, générales et administratives liée au déploiement commercial aux États-Unis
Perte opérationnelle en hausse à 41,1 M€ au S1 2026 contre 40,5 M€ au S1 2025
Opportunities identified
Financement de 110 millions de dollars sécurisé au T2 2026 pour financer la croissance commerciale
Taux d'approbation de 100 % sur les demandes d'autorisation préalable pour les patients commerciaux et WISeR
Code Medicare C-code 8011 dédié à Genio, clarifiant le paysage de remboursement
Outlook / guidance
Expected revenue: 38 millions d'euros
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