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FDA Approves Feasibility Study with SeaStar Medical’s Selective Cytopheretic Device in Adults with Cardiorenal Syndrome

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SeaStar Medical (Nasdaq: ICU) received FDA approval for an investigational device exemption (IDE) to study their Selective Cytopheretic Device (SCD-ADULT) in reducing inflammation in adult patients with acute heart failure and worsening renal function. The feasibility study will enroll 20 patients across up to five clinical sites, funded by a $3.6 million NIH grant awarded to Innovative BioTherapies.

The study will be led by SCD inventor Dr. H. David Humes, with SeaStar Medical acting as clinical research organization. The device received Breakthrough Device Designation from FDA's CBER in September 2023 for cardiorenal syndrome with LVAD. The company estimates the total addressable U.S. market for SCD-ADULT in cardiorenal syndrome at over $1 billion annually.

SeaStar Medical (Nasdaq: ICU) ha ricevuto l'approvazione della FDA per un'esenzione dall'indagine sui dispositivi (IDE) per studiare il loro Dispositivo Citoferetico Selettivo (SCD-ADULT) nella riduzione dell'infiammazione nei pazienti adulti con insufficienza cardiaca acuta e deterioramento della funzione renale. Lo studio di fattibilità arruolerà 20 pazienti in un massimo di cinque siti clinici, finanziato da un sovvenzione NIH di 3,6 milioni di dollari assegnata a Innovative BioTherapies.

Lo studio sarà guidato dall'inventore dell'SCD, il Dr. H. David Humes, con SeaStar Medical che agirà come organizzazione di ricerca clinica. Il dispositivo ha ricevuto la Designazione di Dispositivo Innovativo dalla CBER della FDA nel settembre 2023 per la sindrome cardiorenale con LVAD. L'azienda stima il mercato totale potenziale negli Stati Uniti per SCD-ADULT nella sindrome cardiorenale a oltre 1 miliardo di dollari all'anno.

SeaStar Medical (Nasdaq: ICU) recibió la aprobación de la FDA para una exención de dispositivos en investigación (IDE) para estudiar su Dispositivo Citoféretico Selectivo (SCD-ADULT) en la reducción de la inflamación en pacientes adultos con insuficiencia cardíaca aguda y deterioro de la función renal. El estudio de viabilidad inscribirá a 20 pacientes en hasta cinco sitios clínicos, financiado por una otorgada a Innovative BioTherapies.

El estudio estará dirigido por el inventor del SCD, el Dr. H. David Humes, con SeaStar Medical actuando como organización de investigación clínica. El dispositivo recibió la Designación de Dispositivo Innovador de la CBER de la FDA en septiembre de 2023 para la síndrome cardiorenal con LVAD. La compañía estima que el mercado total abordable en EE. UU. para SCD-ADULT en la síndrome cardiorenal es de más de 1 mil millones de dólares anuales.

SeaStar Medical (Nasdaq: ICU)는 급성 심부전 및 악화되는 신장 기능을 가진 성인 환자에서 염증을 줄이기 위한 연구를 위해 선택적 사이토페레틱 장치(SCD-ADULT)에 대한 임상 기기 면제(IDE)에 대해 FDA 승인을 받았습니다. 가능성 연구는 최대 5개 임상 사이트에서 20명의 환자를 등록할 예정이며, 이는 Innovative BioTherapies에 수여된 360만 달러 NIH 보조금으로 자금을 지원받습니다.

이 연구는 SCD 발명자인 Dr. H. David Humes가 이끌며, SeaStar Medical은 임상 연구 조직으로서 활동합니다. 이 장치는 2023년 9월 FDA의 CBER로부터 LVAD와 함께하는 심장 신장 증후군에 대한 혁신 장치 지정을 받았습니다. 회사는 심장 신장 증후군에서 SCD-ADULT를 위한 미국에서의 전체 수요 가능 시장을 연간 10억 달러 이상으로 추정하고 있습니다.

SeaStar Medical (Nasdaq: ICU) a reçu l'approbation de la FDA pour une exemption d'appareil d'investigation (IDE) pour étudier leur Dispositif Cytophétique Sélectif (SCD-ADULT) dans la réduction de l'inflammation chez les patients adultes souffrant d'insuffisance cardiaque aiguë et de dégradation de la fonction rénale. L'étude de faisabilité recrutera 20 patients sur jusqu'à cinq sites cliniques, financée par une subvention de 3,6 millions de dollars du NIH accordée à Innovative BioTherapies.

L'étude sera dirigée par le Dr H. David Humes, inventeur du SCD, avec SeaStar Medical agissant en tant qu'organisation de recherche clinique. L'appareil a reçu la désignation de Dispositif Innovant du CBER de la FDA en septembre 2023 pour le syndrome cardiorénal avec LVAD. La société estime que le marché américain total adressable pour SCD-ADULT dans le syndrome cardiorénal s'élève à plus d'un milliard de dollars par an.

SeaStar Medical (Nasdaq: ICU) erhielt die Genehmigung der FDA für eine investigational device exemption (IDE), um ihr selektives zytophäretisches Gerät (SCD-ADULT) zur Verringerung von Entzündungen bei erwachsenen Patienten mit akuter Herzinsuffizienz und verschlechterter Nierenfunktion zu untersuchen. Die Machbarkeitsstudie wird 20 Patienten an bis zu fünf klinischen Standorten einschreiben, finanziert durch einen 3,6 Millionen USD NIH-Zuschuss, der an Innovative BioTherapies vergeben wurde.

Die Studie wird von dem Erfinder des SCD, Dr. H. David Humes, geleitet, während SeaStar Medical als klinische Forschungsorganisation fungiert. Das Gerät erhielt im September 2023 die Breakthrough Device Designation von der CBER der FDA für das cardiorenale Syndrom mit LVAD. Das Unternehmen schätzt den insgesamt adressierbaren Markt in den USA für SCD-ADULT im Bereich des cardiorenalen Syndroms auf über 1 Milliarde USD pro Jahr.

Positive
  • FDA approval of IDE application for SCD-ADULT study
  • Full funding secured through $3.6 million NIH grant
  • FDA Breakthrough Device Designation obtained in September 2023
  • Estimated $1 billion annual U.S. market opportunity
  • Company will receive portion of NIH grant as acting CRO
Negative
  • Early-stage feasibility study with patient enrollment (20)
  • Additional pivotal study will be required for full approval

Insights

The FDA's approval of the IDE application for SeaStar Medical's SCD-ADULT device represents a crucial milestone in addressing a significant unmet medical need. The feasibility study targeting cardiorenal syndrome patients is strategically designed with a dual focus: improving LVAD candidacy and potentially expanding treatment options for a severely ill patient population.

The $3.6 million NIH grant funding validates the scientific merit of this approach. The involvement of Dr. Humes, the device's inventor and a respected nephrology expert, adds substantial credibility to the study. The 20-patient, multi-site design is appropriate for a feasibility study and should provide sufficient preliminary data to inform future pivotal trials.

The prior Breakthrough Device Designation from CBER in September 2023 suggests an expedited regulatory pathway, potentially accelerating time-to-market if the feasibility study yields positive results. Think of the SCD-ADULT as a specialized filter that selectively removes inflammatory cells, potentially breaking the destructive cycle between heart and kidney failure.

The market implications of this development are substantial. The $1 billion annual addressable market for SCD-ADULT in cardiorenal syndrome represents a significant revenue opportunity for a company with a market cap of approximately $8.9 million. The NIH grant not only provides non-dilutive funding but also reduces development costs and validates the technology's potential.

The company's role as CRO provides two strategic advantages: immediate revenue through grant allocation and valuable experience for future trials. This positions SeaStar Medical to potentially capture a meaningful share of the cardiorenal syndrome market, particularly given the lack of effective treatment options currently available.

For investors, this represents a pivotal value-creation opportunity. Success in this feasibility study could trigger significant market revaluation, especially considering the current market cap relative to the addressable market size. The Breakthrough Device Designation could accelerate commercialization timelines, potentially leading to earlier revenue generation.

Study to be conducted under $3.6 million NIH grant 

DENVER, Jan. 13, 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 that the U.S. Food and Drug Administration (FDA) has approved an investigational device exemption (IDE) application to evaluate the safety and initial efficacy of SeaStar Medical’s Selective Cytopheretic Device (SCD-ADULT) in reducing inflammation in adult patients with acute heart failure with worsening renal function due to cardiorenal syndrome or severe right ventricular failure awaiting a left ventricular assist device (LVAD) implantation.

This feasibility study is expected to enroll 20 patients at up to five clinical sites and will be funded by a previously announced $3.6 million National Institutes of Health (NIH) grant awarded to Innovative BioTherapies (IBT), which is led by SCD inventor H. David Humes, MD, Professor, Division of Nephrology, Internal Medicine, University of Michigan and SeaStar Medical Scientific Advisor. Dr. Humes will serve as lead investigator for the study and SeaStar Medical will act as clinical research organization (CRO). The FDA’s Center for Biologics Evaluation and Research (CBER) granted Breakthrough Device Designation for the SCD in cardiorenal syndrome with LVAD in September 2023.

“Oftentimes patients with cardiorenal syndrome and worsening renal or cardiac function are ineligible for lifesaving LVAD implantation due to the severity of their condition,” said Kevin Chung, MD, Chief Medical Officer of SeaStar Medical. “This study is designed to determine whether employing the SCD-ADULT to reduce hyperinflammation in these extremely ill patients can sufficiently improve their condition to bridge to LVAD implantation. Findings from this study could inform a future pivotal study in this population.”

“We estimate the total addressable U.S. market for the SCD-ADULT in cardiorenal syndrome at more than $1 billion annually, making this a significant commercial opportunity for our company,” said Eric Schlorff, SeaStar Medical CEO. “As acting CRO for this study, we will receive a portion of the NIH grant while gaining valuable experience that may serve us well in future studies.”

About Hyperinflammation

Hyperinflammation is the overproduction or overactivity of inflammatory cells that can lead to damage of vital organs. It occurs when the body overproduces inflammatory effector cells and other molecules that can be toxic or damaging to vital organs, and result in multi-organ failure and even death. This is known as the cytokine storm.

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.

In addition to cardiorenal syndrome with LVAD, the SCD has been awarded FDA Breakthrough Device Designation in the following indications:

  • Adult Acute Kidney Injury
  • Hepatorenal Syndrome
  • Chronic Dialysis

About Innovative BioTherapies (IBT)

IBT is a privately held biotechnology company founded to facilitate the commercialization of technology developed in Dr. H. David Humes’ academic laboratory. IBT’s research and development program is primarily supported by federal grants and contracts that focus on developing cell therapy devices utilizing human progenitor cells, biomimetic materials and micro-electromechanical systems (MEMs) technology. More information is available at http://www.innbio.com/.

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-ADULT to treat patients with cardiorenal syndrome or severe right ventricular failure awaiting a LVAD implantation; the expected patient enrollments and clinical sites for the feasibility study and other diseases; the expected benefits of the feasibility study and the total addressable market for the SCD-ADULT in cardiorenal syndrome. 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 is the market size for SeaStar Medical's SCD-ADULT device (ICU)?

SeaStar Medical estimates the total addressable U.S. market for the SCD-ADULT in cardiorenal syndrome at more than $1 billion annually.

How many patients will be enrolled in SeaStar Medical's SCD-ADULT feasibility study?

The feasibility study will enroll 20 patients across up to five clinical sites.

What is the value of the NIH grant for SeaStar Medical's SCD-ADULT study?

The study will be funded by a $3.6 million NIH grant awarded to Innovative BioTherapies.

When did SeaStar Medical (ICU) receive FDA Breakthrough Device Designation for SCD?

The FDA's CBER granted Breakthrough Device Designation for the SCD in cardiorenal syndrome with LVAD in September 2023.

What is the purpose of SeaStar Medical's SCD-ADULT device study?

The study aims to evaluate the safety and initial efficacy of SCD-ADULT in reducing inflammation in adult patients with acute heart failure and worsening renal function due to cardiorenal syndrome.

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