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SeaStar Medical Holding Corporation - ICU STOCK NEWS

Welcome to our dedicated page for SeaStar Medical Holding Corporation news (Ticker: ICU), a resource for investors and traders seeking the latest updates and insights on SeaStar Medical Holding Corporation stock.

SeaStar Medical Holding Corporation (ICU) is a pioneering medical technology firm focused on developing proprietary solutions to mitigate the adverse effects of hyperinflammation on vital organs. The company specializes in creating and commercializing extracorporeal therapies that specifically target effector cells responsible for systemic inflammation. This inflammation often leads to direct tissue damage and the secretion of pro-inflammatory cytokines, which can trigger and sustain imbalanced immune responses.

SeaStar Medical's core business revolves around innovative treatments designed to alleviate the intense inflammatory responses seen in various medical conditions. Their primary product offerings include advanced renal therapy systems that aim to reduce the impact of cytokine storms, often observed in severe cases of infections and autoimmune diseases.

One of the company’s notable achievements includes successful clinical trials that have demonstrated the efficacy of their therapies in reducing inflammation and improving patient outcomes. SeaStar Medical is currently engaged in several research and development projects to expand the application of their therapies across multiple medical disciplines.

Financially, SeaStar Medical Holding Corp is well-positioned, with strategic partnerships that enhance their research capabilities and product distribution. The company is committed to advancing its technology through continuous innovation and maintaining strong relationships with healthcare providers and patients.

For investors and stakeholders, SeaStar Medical represents a promising opportunity in the medical technology sector, with a focus on addressing critical health challenges through cutting-edge science and compassionate care.

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SeaStar Medical Holding (Nasdaq: ICU) has been awarded a $3.6 million NIH grant for a clinical trial to evaluate the Selective Cytopheretic Device Adult (SCD-ADULT) in patients with severe chronic heart failure (CHF). The grant aims to study SCD-ADULT as a bridging strategy to left ventricular assist device (LVAD) implantation in patients with acute decompensated heart failure (ADHF). The company hopes this study will pave the way for FDA approval.

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SeaStar Medical Holding (Nasdaq: ICU) reports its 2023 financial results, highlighting the FDA approval for Quelimmune™ to treat pediatric patients with acute kidney injury and sepsis. The company is making progress in its NEUTRALIZE-AKI pivotal clinical trial for adult AKI patients. SeaStar Medical also filed its Form 10-K for 2023, with minimal impact on financials.
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SeaStar Medical Holding (ICU) will present at the Noble Capital Markets’ Emerging Growth Virtual Healthcare Equity Conference to discuss their solutions for hyperinflammation on vital organs.
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SeaStar Medical Holding (ICU) announces the restatement of financial statements for 2022 and interim periods in 2023 due to accounting treatment changes. The restatement will not materially affect cash position or operations. The company continues its pivotal adult acute kidney injury study and prepares for the commercial launch of Quelimmune™ pediatric therapeutic device.
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SeaStar Medical Holding Corporation (ICU) announces updates on its NEUTRALIZE-AKI clinical trial for acute kidney injury patients and FDA approval for Quelimmune pediatric device. The company plans to conduct an interim analysis once 100 subjects reach the 90-day primary endpoint in the second half of 2024.
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SeaStar Medical Holding Corporation (ICU) sponsors an Industry Symposium on pediatric AKI at the 29th International Conference on Critical Care Nephrology. The company will showcase Quelimmune™ scientific background and clinical data for pediatric AKI due to sepsis or a septic condition on March 13, 2024. The event aims to address the challenges of AKI and multi-organ failure in children.
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SeaStar Medical Holding Corporation (ICU) announces publication of a manuscript discussing the role of chronic systemic inflammation in heart failure patients and the potential application of the Adult Selective Cytopheretic Device to improve outcomes. The manuscript reviews the positive effect of the device in a first-in-human case report, leading to a Breakthrough Device Designation from the FDA. SeaStar also received FDA approval for the Pediatric SCD for use in children with acute kidney injury.
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SeaStar Medical Holding Corporation (Nasdaq: ICU) receives FDA approval for SCD-PED, the first product in the Quelimmune product family, for pediatric use in acute kidney injury cases due to sepsis or septic conditions.
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SeaStar Medical Holding Corporation (Nasdaq: ICU) has announced the issuance of Canadian Patent No. 2814586, expanding its international patent rights for the Selective Cytopheretic Device (SCD) technology. The new patent covers SCD cartridges for treating activated leukocytes and platelets, as well as their use in processing activated leukocytes and platelets. This development presents a significant opportunity to improve the treatment of dysregulated hyperinflammatory responses and potentially reverse organ injury. CEO Eric Schlorff highlighted the innovative and proven approach of SCD in targeting highly active inflammatory cells to quell hyperinflammatory responses resulting from various conditions.
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SeaStar Medical Holding Corporation (Nasdaq: ICU) has announced a securities purchase agreement with an institutional investor to purchase over 10 million shares of common stock in a registered direct offering, along with the issuance of Series A and Series B warrants. The offering is expected to generate approximately $9.0 million in gross proceeds for the company.
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FAQ

What is the current stock price of SeaStar Medical Holding Corporation (ICU)?

The current stock price of SeaStar Medical Holding Corporation (ICU) is $2.25 as of November 18, 2024.

What is the market cap of SeaStar Medical Holding Corporation (ICU)?

The market cap of SeaStar Medical Holding Corporation (ICU) is approximately 8.4M.

What does SeaStar Medical Holding Corporation do?

SeaStar Medical develops and commercializes medical technologies that reduce the consequences of hyperinflammation on vital organs.

What are the core products of SeaStar Medical?

The company specializes in extracorporeal therapies that target effector cells causing systemic inflammation and tissue damage.

What is hyperinflammation?

Hyperinflammation is an excessive inflammatory response that can lead to direct tissue damage and imbalanced immune reactions.

What are extracorporeal therapies?

Extracorporeal therapies involve the treatment of blood outside the body to remove harmful substances like pro-inflammatory cytokines.

What diseases could benefit from SeaStar Medical's therapies?

Their therapies are useful in conditions with severe inflammatory responses, such as infections and autoimmune diseases.

Has SeaStar Medical conducted any clinical trials?

Yes, SeaStar Medical has conducted successful trials demonstrating the effectiveness of their inflammation-reducing therapies.

Who are SeaStar Medical's key partners?

The company collaborates with various healthcare providers and research institutions to enhance their product development and distribution.

Is SeaStar Medical a good investment?

SeaStar Medical offers a promising investment opportunity in the medical technology sector, focusing on innovative treatments for hyperinflammation.

What is the ticker symbol for SeaStar Medical Holding Corp?

The ticker symbol for SeaStar Medical Holding Corp is ICU.

Where can I find the latest news about SeaStar Medical?

You can stay updated with the latest news and developments about SeaStar Medical on their investor relations page and financial news websites.

SeaStar Medical Holding Corporation

Nasdaq:ICU

ICU Rankings

ICU Stock Data

8.36M
4.46M
8.46%
3.74%
4.98%
Biotechnology
Surgical & Medical Instruments & Apparatus
Link
United States of America
DENVER