STOCK TITAN

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.

Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.88%
Tags
none
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-23.45%
Tags
none
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.49%
Tags
none
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.54%
Tags
-
Rhea-AI Summary
SeaStar Medical Holding Corporation (Nasdaq: ICU) appoints healthcare industry veteran David A. Green as Chief Financial Officer, effective January 10, 2024, as the company prepares for its first commercial launch for the Selected Cytopheretic Device Pediatric (SCD-PED).
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.15%
Tags
management
-
Rhea-AI Summary
SeaStar Medical Holding Corporation (Nasdaq: ICU) has announced the issuance of U.S. Patent No. 11,866,730 for its Selective Cytopheretic Device (SCD) to treat subjects with inflammatory conditions. The SCD is a first-in-class, cell-directed extracorporeal therapy that selectively targets highly active inflammatory cells to quell the inflammatory response. This patent significantly fortifies the company's intellectual property portfolio and supports its strategy to validate the technology’s application across multiple high-value clinical indications. CEO Eric Schlorff highlighted the importance of controlling uncontrolled hyperinflammation, which can lead to vital organ damage and even death. The SCD therapy works to selectively target the most highly activated cells responsible for inflammation to potentially reverse the damage they cause. The newly issued patent covers methods for using SCD cartridges to treat inflammatory conditions by extracorporeally sequestering activated leukocytes and/or platelets and inhibiting or deactivating their inflammatory action, as well as methods for processing activated leukocytes and/or platelets. The patent’s claimed methods require the SCD cartridge to have specific ratios of surface area for sequestering activated leukocytes and/or platelets to SCD inner volume. Unlike pathogen removal and other blood-purification tools, the SCD selectively targets the most highly activated proinflammatory neutrophils and monocytes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.66%
Tags
none
Rhea-AI Summary
SeaStar Medical Holding Corporation (Nasdaq: ICU) announces enrollment of 12 subjects in the NEUTRALIZE-AKI pivotal clinical trial for its patented, first-in-class, cell-directed Selective Cytopheretic Device (SCD) extracorporeal therapy. The company expects to receive FDA approval for its SCD Pediatric (SCD-PED) within the next 30 to 45 days and to commence commercialization in Q1 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.91%
Tags
none
-
Rhea-AI Summary
SeaStar Medical Holding Corporation (Nasdaq: ICU) announces the formation of the SeaStar Medical Scientific Advisory Board (SAB), comprised of world-renowned international pediatric and adult clinical experts to advise on technology capabilities, share insights on emerging healthcare trends, and advise on critical care and acute kidney injury (AKI) clinical development programs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.04%
Tags
management
-
Rhea-AI Summary
SeaStar Medical Holding Corporation (Nasdaq: ICU) Reports Financial Results and Business Update
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.46%
Tags
Rhea-AI Summary
SeaStar Medical Holding Corporation announces FDA's Approvable Letter for their Selective Cytopheretic Device Pediatric (SCD-PED) for use in children with acute kidney injury and sepsis. The letter indicates that SeaStar's HDE application meets the requirements for an Approval Order, with minor modifications and revisions needed before commercialization. SeaStar expects to commence commercialization by the end of 2023 or Q1 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.96%
Tags
none

FAQ

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

The current stock price of SeaStar Medical Holding Corporation (ICU) is $2.06 as of December 20, 2024.

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

The market cap of SeaStar Medical Holding Corporation (ICU) is approximately 9.3M.

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

9.33M
4.28M
8.46%
4.94%
6.6%
Biotechnology
Surgical & Medical Instruments & Apparatus
Link
United States of America
DENVER