Daxor Corporation to Exhibit at the Annual Scientific Meeting of the Heart Failure Society of America

Rhea-AI Summary

Daxor Corporation (Nasdaq: DXR) will present new patient outcome data at the Annual Scientific Meeting of the Heart Failure Society of America from September 30 to October 3, 2022, in Washington, DC. Key findings include significant reductions in heart failure readmissions (56%), 30-day mortality (82%), and 1-year mortality (86%) associated with blood volume analysis (BVA). This event will gather leading experts to discuss advancements in heart failure management. Daxor aims to improve healthcare through BVA technology, which has been validated by over 60,000 tests nationwide.

Positive

• BVA technology has shown to reduce heart failure 30-day readmissions by 56%.
• BVA has decreased 30-day mortality by 82% and 1-year mortality by 86%.
• Over 60,000 tests have been performed, enhancing healthcare outcomes.

Negative

• None.

Compelling New Patient Outcome Data to be Presented

Oak Ridge, TN, Sept. 26, 2022 (GLOBE NEWSWIRE) -- Daxor Corporation (Nasdaq: DXR), the global leader in blood volume measurement technology, today announces it will be attending the Annual Scientific Meeting of the Heart Failure Society of America (HFSA) which brings together the world’s leading experts in heart failure at the Gaylord National Harbor in Washington, DC from September 30th thru October 3rd, 2022.

“We are excited to see new outcome data from clinical partners at leading institutions,” stated Jonathan Feldschuh, Chief Scientific Officer of Daxor Corporation. New data highlighting the applicability of blood volume analysis (BVA) titled “Heart Failure Outcomes with Volume-guided Management in An Over-65 Population” (Poster #300) and “Length of Stay After Blood Volume Analysis in Hospitalized Heart Failure” (Poster #313) will be presented in the e-Poster Hall.

“The HFSA’s Annual Scientific Meeting is the premier event that gathers the best scientific minds focused on the latest heart failure science, research and patient management,” said Michael Feldschuh, CEO and President of Daxor Corporation. “BVA guided treatment in heart failure has shown to reduce heart failure 30-day readmissions by 56%, 30-day mortality by 82%, 1-year mortality by 86% and significantly shorten length of stay. We look forward to sharing with the experts how our diagnostic provides them with accurate, actionable data to individualize treatment plans in both the inpatient and outpatient settings - improving outcomes and reducing the total cost of care.”

The company will be exhibiting at Booth 823.

Register for the event here: https://hfsa.org/hfsa-annual-scientific-meeting-2022/registration

About Daxor Corporation

Daxor Corporation (Nasdaq: DXR), is the global leader in blood volume measurement technology focused on blood volume testing innovation. We developed and market the BVA-100^® (Blood Volume Analyzer), the only diagnostic blood test cleared by the FDA to provide safe, accurate, objective quantification of blood volume status and composition compared to patient-specific norms. Over 60,000+ tests have been performed at leading hospital centers across the U.S., enhancing hospital performance metrics in a broad range of surgical and medical conditions, including significantly reducing mortality and readmissions in heart failure and critical care. Daxor has several ongoing multicenter trials in the areas of COVID-19 and heart failure treatment with support from the NIH and is under contract developing analyzers to improve combat casualty care with the U.S. Department of Defense. Daxor's mission is to advance healthcare by enabling optimal fluid management with blood volume analysis. Daxor’s vision is optimal blood volume for all. For more information, please visit our website at Daxor.com.

Forward-Looking Statements

Certain statements in this release may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including without limitation, statements regarding the impact of hiring sales staff and expansion of our distribution channels. 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 risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this release, including, without limitation, those risk associated with our post-market clinical data collection activities, benefits of our products to patients, our expectations with respect to product development and commercialization efforts, our ability to increase market and physician acceptance of our products, potentially competitive product offerings, intellectual property protection, FDA regulatory actions, our ability to integrate acquired businesses, our expectations regarding anticipated synergies with and benefits from acquired businesses, and additional other risks and uncertainties described in our filings with the SEC. Forward-looking statements speak only as of the date when made. Daxor does not assume any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Investor Relations Contact:
Bret Shapiro
Sr. Managing Partner, CORE IR
1-516-222-2560
brets@coreir.com

FAQ

What new data is Daxor Corporation presenting at the HFSA Annual Meeting?

Daxor will present data on heart failure outcomes with volume-guided management, indicating significant reductions in readmissions and mortality.

When is the HFSA Annual Scientific Meeting taking place?

The meeting will be held from September 30 to October 3, 2022, in Washington, DC.

What is the significance of blood volume analysis in heart failure treatment?

Blood volume analysis has been shown to significantly improve patient outcomes, including reduced readmissions and mortality rates.

Where can I find Daxor Corporation at the HFSA meeting?

Daxor will be exhibiting at Booth 823 during the HFSA Annual Meeting.