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Economic Analysis Supporting Significant Hospitalization Cost Reduction with SeaStar Medical’s QUELIMMUNE Pediatric Therapeutic Device Presented at ASN Kidney Week 2024

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SeaStar Medical presented economic analysis data for its QUELIMMUNE device at ASN Kidney Week 2024, demonstrating significant cost-saving potential in treating pediatric acute kidney injury (AKI). The analysis revealed that hospitalization costs for pediatric AKI patients requiring CRRT averaged $461,736, while treatment with QUELIMMUNE could save approximately $30,000 per hospitalization. The device achieves cost neutrality after 6 days of therapy and shows a 77% survival rate in children ≥10 kg, compared to 50% with standard care. The company also presented data on ongoing trials including NEUTRALIZE-AKI and NEUTRALIZE-CRS, highlighting their expanding therapeutic applications.

SeaStar Medical ha presentato i dati dell'analisi economica per il suo dispositivo QUELIMMUNE durante l'ASN Kidney Week 2024, dimostrando un significativo potenziale di risparmio sui costi nel trattamento dell'insufficienza renale acuta pediatrica (AKI). L'analisi ha rivelato che i costi di ospedalizzazione per i pazienti pediatrici con AKI che necessitano di CRRT ammontano in media a $461.736, mentre il trattamento con QUELIMMUNE potrebbe far risparmiare circa $30.000 per ogni ospedalizzazione. Il dispositivo raggiunge la neutralità dei costi dopo 6 giorni di terapia e mostra una percentuale di sopravvivenza del 77% nei bambini ≥10 kg, rispetto al 50% con le cure standard. L'azienda ha inoltre presentato dati su studi in corso, tra cui NEUTRALIZE-AKI e NEUTRALIZE-CRS, evidenziando le loro applicazioni terapeutiche in espansione.

SeaStar Medical presentó datos de análisis económico para su dispositivo QUELIMMUNE en el ASN Kidney Week 2024, demostrando un potencial significativo de ahorro de costos en el tratamiento de la lesión renal aguda pediátrica (AKI). El análisis reveló que los costos de hospitalización para pacientes pediátricos con AKI que requieren CRRT promediaron $461,736, mientras que el tratamiento con QUELIMMUNE podría ahorrar aproximadamente $30,000 por hospitalización. El dispositivo alcanza la neutralidad de costos después de 6 días de terapia y muestra una tasa de supervivencia del 77% en niños ≥10 kg, en comparación con el 50% con el cuidado estándar. La empresa también presentó datos sobre ensayos en curso, incluidos NEUTRALIZE-AKI y NEUTRALIZE-CRS, destacando sus aplicaciones terapéuticas en expansión.

SeaStar Medical은 ASN Kidney Week 2024에서 QUELIMMUNE 장치에 대한 경제 분석 데이터를 발표하여 소아 급성 신장 손상(AKI) 치료에서 상당한 비용 절감 잠재력을 입증했습니다. 분석 결과, CRRT가 필요한 소아 AKI 환자의 입원 비용은 평균 $461,736인 반면, QUELIMMUNE으로 치료할 경우 입원 당 약 $30,000를 절약할 수 있는 것으로 나타났습니다. 이 장치는 치료 6일 후 비용 중립성을 달성하며, 10 kg 이상의 어린이에서 생존율은 77%로, 표준 치료의 50%와 비교됩니다. 회사는 또한 NEUTRALIZE-AKI 및 NEUTRALIZE-CRS를 포함한 진행 중인 시험에 대한 데이터를 발표하며, 이들의 확대되는 치료 응용을 강조했습니다.

SeaStar Medical a présenté des données d'analyse économique pour son dispositif QUELIMMUNE lors de l'ASN Kidney Week 2024, démontrant un potentiel significatif d'économies de coûts dans le traitement de l'insuffisance rénale aiguë pédiatrique (AKI). L'analyse a révélé que les coûts d'hospitalisation pour les patients pédiatriques atteints d'AKI nécessitant une CRRT s'élevaient en moyenne à 461 736 $, tandis que le traitement avec QUELIMMUNE pourrait permettre d'économiser environ 30 000 $ par hospitalisation. Le dispositif atteint la neutralité des coûts après 6 jours de thérapie et montre un taux de survie de 77 % chez les enfants ≥10 kg, contre 50 % avec les soins standards. L'entreprise a également présenté des données sur des essais en cours, y compris NEUTRALIZE-AKI et NEUTRALIZE-CRS, soulignant leurs applications thérapeutiques en expansion.

SeaStar Medical stellte auf der ASN Kidney Week 2024 Wirtschaftsanalyse-Daten zu seinem Gerät QUELIMMUNE vor und demonstrierte dadurch ein signifikantes Kostensparpotential bei der Behandlung von pädiatrischer akuter Nierenverletzung (AKI). Die Analyse ergab, dass die Krankenhauskosten für pädiatrische AKI-Patienten, die eine CRRT benötigen, im Durchschnitt $461.736 betrugen, während die Behandlung mit QUELIMMUNE etwa $30.000 pro Krankenhausaufenthalt einsparen könnte. Das Gerät erreicht nach 6 Tagen Therapie Kostenneutralität und zeigt eine Überlebensrate von 77% bei Kindern ≥10 kg, im Vergleich zu 50% mit Standardpflege. Das Unternehmen präsentierte auch Daten zu laufenden Studien, darunter NEUTRALIZE-AKI und NEUTRALIZE-CRS, die ihre sich erweiternden therapeutischen Anwendungen hervorhoben.

Positive
  • QUELIMMUNE demonstrates $30,000 cost savings per hospitalization
  • 77% survival rate in children ≥10 kg versus 50% with standard care
  • 0% dialysis dependence at day 60 in clinical studies
  • Cost neutrality achieved after 6 days of therapy
Negative
  • None.

Insights

The economic analysis of QUELIMMUNE presents significant market implications. The device demonstrates cost neutrality after just 6 days of therapy, with projected savings of $30,000 per hospitalization. With baseline hospitalization costs of $461,736 for pediatric AKI patients requiring CRRT, this represents meaningful cost reduction potential.

The clinical data is particularly compelling, showing a 77% survival rate in treated children versus 50% in controls and 0% dialysis dependence at day 60. This combination of improved outcomes and cost savings strengthens the value proposition for hospital adoption.

The multiple FDA Breakthrough Therapy Designations across different indications (CRS-LVAD, Adult AKI and HRS) suggest significant market expansion potential beyond the initial pediatric approval. The integration with existing CRRT circuits reduces implementation barriers, supporting faster market penetration.

The economic model presents a compelling case for hospital adoption. With average pediatric AKI-CRRT hospitalizations costing $461,736, the $30,000 per-case savings represents a 6.5% cost reduction. The cost neutrality threshold at 6 days is particularly important, as it aligns with typical ICU treatment durations for severe cases.

The combination of reduced mortality rates, shorter hospital stays and elimination of long-term dialysis dependency creates a strong total cost of care argument. This comprehensive value proposition will be attractive to hospital administrators and payers, potentially driving rapid adoption in the pediatric market while building evidence for adult applications.

Data illustrate the potential of QUELIMMUNE™️ with cost neutrality starting at 6 days of therapy and a significant reduction in total hospitalization costs in children with acute kidney injury

SeaStar Medical’s SCD was featured in four Company presentations
at the premier nephrology conference

DENVER, Oct. 25, 2024 (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 that for the first time new data highlighting the cost savings of its first-in-class, cell-directed Selective Cytopheretic Device (SCD) Pediatric therapeutic device, QUELIMMUNE, were presented yesterday at the American Society of Nephrology’s (ASN) Kidney Week 2024, underway in San Diego.

“We are thrilled to present a high-quality analysis highlighting the significant potential cost-saving benefits of QUELIMMUNE to the healthcare system in treating critically ill children with acute kidney injury (AKI) at this renowned nephrology conference," said Eric Schlorff, CEO of SeaStar Medical. “QUELIMMUNE is another tool in the arsenal for hospitals to defeat pediatric AKI with sepsis. Sepsis is a big challenge, which is why the Centers for Medicare & Medicaid Services (CMS) developed the SEP-1 protocol and quality metric for hospital systems to perform against.

“Importantly, our findings underscore the opportunity for widespread adoption by hospitals to generate significant cost while also saving lives,” he added. “Utilization of QUELIMMUNE is also operationally efficient. It fits directly into existing continual renal replacement therapy (CRRT) circuits.”

The poster, titled Cost Impact of An Immunomodulatory Selective Cytopheretic Device in Pediatrics (SCD-PED) in AKI due to Sepsis (AKI-S), presents an analysis of the Kids’ Inpatient Database (KID) revealing that the hospitalization cost of pediatric patients with AKI requiring CRRT, a majority of whom were septic, was $461,736 per hospitalization, highlighting an exceptionally high financial burden on institutions and the healthcare system. Data from KID and SeaStar Medical’s SCD-PED studies indicate that hospitalization costs were significantly lower for critically ill children with AKI on CRRT who were treated with QUELIMMUNE, a majority of whom were septic, compared with historical average hospital costs for children not treated with QUELIMMUNE. Treatment with QUELIMMUNE results in a projected cost savings of approximately $30,000 per hospitalization principally driven by the lower expected death rate and shorter length of stay versus standard of care.

Additional benefits of QUELIMMUNE included a cost-effective solution for institutions starting at 6 days of QUELIMMUNE therapy, which produced cost neutrality for QUELIMMUNE afforded by the high survival rate of 77% in children ≥10 kg and age ≤22 years with AKI requiring CRRT treated with QUELIMMUNE, versus the control survival rate of approximately 50%. Further, the combined observed outcomes of 0% dialysis dependence at day 60 from the SCD PED-01 and SCD-PED-02 studies illustrate the durability of QUELIMMUNE therapy.

The SeaStar Medical team has a significant presence at Kidney Week 2024, with a total of four posters being presented by the Company. A second poster describes the mechanistic effects of reducing hyperinflammatory markers in patients with AKI. Additional SeaStar Medical posters that highlight the design of the ongoing NEUTRALIZE-AKI pivotal trial and the upcoming NEUTRALIZE-CRS trial are summarized below:

ASN Kidney Week

ASN Kidney Week is the world’s premier nephrology meeting with more than 12,000 kidney professionals from across the globe expected to attend the 2024 event. ASN Kidney Week provides participants exciting and challenging opportunities to exchange knowledge, learn the latest scientific and medical advances, and listen to engaging and provocative discussions with leading experts in the field.

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 chronic kidney disease or end-stage renal disease requiring dialysis, among other complications. 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 CKRT and reduces the hyperinflammatory milieu including the cytokine storm. Unlike pathogen removal and other blood-purification tools, the SCD is integrated with CKRT 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 KRT, including dialysis.

The SCD has been awarded U.S. Food and Drug Administration (FDA) Breakthrough Therapy Designation in three indications:

  • Cardiorenal Syndrome – Left Ventricular Assist Device (CRS-LVAD)
  • Adult Acute Kidney Injury (AKI)
  • Hepatorenal Syndrome (HRS)

QUELIMMUNE, the SCD-Pediatric device, is being commercialized following FDA approval for children with AKI and sepsis or septic condition weighing 10 kilograms or more who are being treated in the ICU with KRT. QUELIMMUNE was approved in February 2024 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.

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 1955. These forward-looking statements include, without limitation, the amount and timing of future QUELIMMUNE commercial sales; the ability of SeaStar Medical to meet the demand for and the revenue recognition on QUELIMMUNE commercial sales; commercial acceptance of QUELIMMUNE; the ability of SCD to treat patients with AKI and other diseases; the expected regulatory approval process and timeline for commercialization; and the ability of SeaStar Medical to meet the expected timeline. 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
Jcain@allianceadvisors.com

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FAQ

What cost savings does QUELIMMUNE (ICU) show for pediatric AKI treatment?

QUELIMMUNE shows approximately $30,000 cost savings per hospitalization compared to standard care, with cost neutrality achieved after 6 days of therapy.

What is the survival rate for children treated with QUELIMMUNE (ICU)?

Children ≥10 kg treated with QUELIMMUNE showed a 77% survival rate, compared to approximately 50% with standard care.

How much does pediatric AKI hospitalization cost without QUELIMMUNE (ICU)?

According to the Kids' Inpatient Database, hospitalization cost for pediatric AKI patients requiring CRRT averages $461,736 per hospitalization.

What is the dialysis dependence rate for QUELIMMUNE (ICU) in clinical studies?

Clinical studies SCD PED-01 and SCD-PED-02 showed 0% dialysis dependence at day 60 for patients treated with QUELIMMUNE.

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