SeaStar Medical announces shipping of QUELIMMUNE device for treating pediatric AKI and sepsis, expanding its commercial presence.
Quiver AI Summary
SeaStar Medical Holding Corporation has announced the shipment of its QUELIMMUNE™ device to a leading academic medical center, marking its fourth commercial customer. QUELIMMUNE is designed to treat critically ill children in the ICU suffering from acute kidney injury (AKI) and sepsis, showing clinical promise in reducing mortality rates and dialysis dependency. The device, approved by the FDA under a Humanitarian Device Exemption, has demonstrated significant cost-saving potential, potentially eliminating the high costs associated with dialysis in pediatric patients. By integrating immunomodulating technology, QUELIMMUNE aims to not only enhance patient outcomes but also decrease healthcare costs by shortening hospital stays and reducing readmissions. SeaStar Medical is focused on redefining extracorporeal therapies to combat systemic inflammation affecting vital organs.
Potential Positives
- SeaStar Medical has successfully expanded its commercial customer base by shipping its QUELIMMUNE™ device to a prominent academic medical center, marking its fourth commercial customer.
- QUELIMMUNE™ has received FDA approval for treating critically ill children with acute kidney injury (AKI) and sepsis, reinforcing the credibility and regulatory compliance of the company's product.
- The device has demonstrated clinical results that could reduce mortality and dialysis dependency in critically ill pediatric patients, offering significant potential clinical benefits.
- The potential for substantial healthcare cost savings is highlighted, as patients treated with QUELIMMUNE have shown no dialysis dependency 60 days post-treatment, representing a significant reduction in annual costs for healthcare systems.
Potential Negatives
- The QUELIMMUNE device was approved under a Humanitarian Device Exemption (HDE), which may indicate limitations on broader marketability compared to full FDA approvals.
- The press release emphasizes potential cost savings but does not provide specific details or data on actual adoption rates, raising questions about market acceptance.
- Several significant risks mentioned, such as the inability to obtain regulatory approvals and raise sufficient capital, could hinder the company’s growth and operational capabilities.
FAQ
What is the QUELIMMUNE™ device used for?
The QUELIMMUNE device is designed to treat critically ill children with acute kidney injury (AKI) and sepsis in the ICU.
Who is the target patient population for QUELIMMUNE?
QUELIMMUNE is approved for children weighing 10 kilograms or more with AKI and sepsis undergoing renal replacement therapy.
How does QUELIMMUNE benefit healthcare costs?
By potentially eliminating dialysis dependency, QUELIMMUNE can save healthcare systems significant costs associated with dialysis and long hospital stays.
What technology does the QUELIMMUNE device utilize?
The device employs immunomodulating technology to selectively target proinflammatory cells, helping reduce hyperinflammation during treatment.
What regulatory approval does QUELIMMUNE have?
QUELIMMUNE received U.S. FDA approval under a Humanitarian Device Exemption for its application in treating AKI in pediatric patients.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
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Full Release
DENVER, Jan. 08, 2025 (GLOBE NEWSWIRE) -- SeaStar Medical Holding Corporation (Nasdaq: ICU), a commercial-stage medical device company developing proprietary solutions to reduce the consequences of hyperinflammation on vital organs, announces the shipment of its QUELIMMUNE ™ device to a prominent academic medical center, representing SeaStar Medical’s fourth commercial customer. QUELIMMUNE is the company’s Selective Cytopheretic Device (SCD) for treating critically ill children in the intensive care unit (ICU) with acute kidney injury (AKI) and sepsis.
“We are pleased to expand commercial access to QUELIMMUNE and are extremely proud to be the only company to develop and commercialize a therapeutic device that has demonstrated clinical results to reduce mortality and decrease dialysis dependency in these severely ill children,” said Tim Varacek, SeaStar Medical Senior Vice President, Commercial & Business Operations.
“In addition to compelling clinical benefits, QUELIMMUNE’s ability to reduce healthcare costs is another reason for hospitals to adopt our therapeutic device,” said Eric Schlorff, SeaStar Medical CEO. “Our data show that AKI patients treated with the SCD had no dialysis dependency 60 days after treatment. Because the cost for a single patient on dialysis is about $100,000 per year, eliminating this cost represents a substantial and ongoing savings to the healthcare system. QUELIMMUNE also has the potential to reduce the average length of hospital stay and to lower the rate of readmissions and post-acute emergency visits. Of note, the average hospital cost per pediatric ICU patient with AKI including those with sepsis requiring continuous renal replacement therapy exceeds $350,000.”
QUELIMMUNE is being commercialized following U.S. Food and Drug Administration (FDA) approval for children with AKI and sepsis or septic condition weighing 10 kilograms or more who are being treated in the ICU with renal replacement therapy (RRT). QUELIMMUNE was approved under a Humanitarian Device Exemption (HDE) application, having met the applicable criteria with clinical results showing safety and probable clinical benefit in a limited population of critically ill children with AKI who have few treatment options.
Acute Kidney Injury (AKI) and Hyperinflammation
AKI is characterized by a sudden and temporary loss of kidney function and can be caused by a variety of conditions such as COVID-19, sepsis, severe trauma and surgery. AKI can cause hyperinflammation, which is the overproduction or overactivity of inflammatory effector cells and other molecules that can be toxic. Damage resulting from hyperinflammation in AKI can progress to other organs, such as the heart or liver, and potentially to multi-organ dysfunction or even failure that could result in worse outcomes, including increased risk of death. Even after resolution, these patients may face complications including chronic kidney disease or end-stage renal disease requiring dialysis. Hyperinflammation may also contribute to added healthcare costs, such as prolonged ICU stays and increased reliance on dialysis and mechanical ventilation.
Selective Cytopheretic Device
The Selective Cytopheretic Device (SCD) is a patented cell-directed extracorporeal device that employs immunomodulating technology to selectively target proinflammatory neutrophils and monocytes during continuous renal replacement therapy (CRRT) and reduces the hyperinflammatory milieu including the cytokine storm. Unlike pathogen removal and other blood-purification tools, the SCD is integrated with CRRT hemofiltration systems to selectively target and transition proinflammatory monocytes to a reparative state and promote activated neutrophils to be less inflammatory. This unique immunomodulation approach may promote long-term organ recovery and eliminate the need for future renal replacement therapy (RRT), including dialysis.
The SCD has been awarded FDA Breakthrough Device Designation in four indications:
- Cardiorenal Syndrome with Left Ventricular Assist Device
- Adult Acute Kidney Injury
- Hepatorenal Syndrome
- Chronic Dialysis
About SeaStar Medical
SeaStar Medical is a commercial-stage medical technology company that is redefining how extracorporeal therapies may reduce the consequences of excessive inflammation on vital organs. SeaStar Medical’s novel technologies rely on science and innovation to provide life-saving solutions to critically ill patients. The Company is developing and commercializing cell-directed extracorporeal therapies that target the effector cells that drive systemic inflammation, causing direct tissue damage and secreting a range of pro-inflammatory cytokines that initiate and propagate imbalanced immune responses. For more information visit www.seastarmedical.com or visit us on LinkedIn or X.
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, the ability of the SCD to treat patients with AKI and other diseases; and anticipated cost savings for patients, healthcare providers, and the healthcare system more generally from the adoption of the SCD. Words such as “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions are intended to identify such forward-looking statements. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside SeaStar Medical’s control and are difficult to predict. Factors that may cause actual future events to differ materially from the expected results include, but are not limited to: (i) the risk that SeaStar Medical may not be able to obtain regulatory approval of its SCD product candidates; (ii) the risk that SeaStar Medical may not be able to raise sufficient capital to fund its operations, including current or future clinical trials; (iii) the risk that SeaStar Medical and its current and future collaborators are unable to successfully develop and commercialize its products or services, or experience significant delays in doing so, including failure to achieve approval of its products by applicable federal and state regulators, (iv) the risk that SeaStar Medical may never achieve or sustain profitability; (v) the risk that SeaStar Medical may not be able to access funding under existing agreements; (vi) the risk that third-parties suppliers and manufacturers are not able to fully and timely meet their obligations, (vii) the risk of product liability or regulatory lawsuits or proceedings relating to SeaStar Medical’s products and services, (viii) the risk that SeaStar Medical is unable to secure or protect its intellectual property, and (ix) other risks and uncertainties indicated from time to time in SeaStar Medical’s Annual Report on Form 10-K, including those under the “Risk Factors” section therein and in SeaStar Medical’s other filings with the SEC. The foregoing list of factors is not exhaustive. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and SeaStar Medical assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.
Contact:
Alliance Advisors IR
Jody Cain
(310) 691-7100
[email protected]
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