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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 announces successful treatment of critically ill children with its Selective Cytopheretic Device for children (SCD-PED)
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SeaStar Medical Holding Corporation to hold business update conference call
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SeaStar Medical Holding Corporation (Nasdaq: ICU) reports financial results for the three and six months ended June 30, 2023, and provides a business update on the development of their proprietary solutions to reduce the consequences of hyperinflammation on vital organs. The company is actively enrolling patients in a pivotal trial for their patented, first-in-class, cell-directed Selective Cytopheretic Device (SCD) extracorporeal therapy in critically ill adults with acute kidney injury (AKI) requiring continuous kidney replacement therapy (CKRT). They are also working on qualifying additional medical centers to join the trial and expect to provide periodic updates on site activation and patient enrollment. SeaStar Medical CEO, Eric Schlorff, highlighted the differences between their adult and pediatric AKI programs, including the FDA pathways for approval and the proprietary characteristics between the pediatric SCD-PED and the adult SCD-ADULT devices. The company also mentioned the addressable adult AKI patient population of approximately 200,000 per year.
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SeaStar Medical Holding Corporation's CEO, Eric Schlorff, will present a company overview at the JMP Securities Life Sciences Conference on May 16, 2023. The conference will be held at the New York Hilton Midtown.
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SeaStar Medical Holding Corporation receives letter from FDA regarding HDE application for pediatric Selective Cytopheretic Device
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SeaStar Medical Holding Corporation (Nasdaq: ICU) has activated its first clinical site, Good Samaritan Regional Medical Center in Oregon, for the pivotal NEUTRALIZE-AKI trial. This trial aims to evaluate the Selective Cytopheretic Device (SCD) therapy's effectiveness for critically ill adults suffering from acute kidney injury (AKI). The SCD, which recently received FDA Breakthrough Device Designation, targets inflammation to potentially reduce mortality and dialysis dependency. The trial anticipates enrolling up to 200 patients across 30 U.S. sites, with primary endpoints focusing on 90-day mortality and dialysis dependency. Previous studies indicated up to 50% reduction in mortality among patients using the SCD, highlighting its promise in improving patient outcomes.

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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 $2.19 as of November 15, 2024.

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

The market cap of SeaStar Medical Holding Corporation (ICU) is approximately 9.6M.

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

9.60M
4.36M
8.46%
3.74%
4.98%
Biotechnology
Surgical & Medical Instruments & Apparatus
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United States of America
DENVER