STOCK TITAN

Mallinckrodt Announces an Expanded Rollout of the INOmax® EVOLVE™ DS Delivery System in U.S. Hospitals

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

Mallinckrodt has announced the nationwide rollout of its FDA-cleared INOmax® EVOLVE™ DS delivery system for INOmax® (nitric oxide) gas inhalation. This next-generation system combines mini-cylinder technology, automation, integration, and interaction into one device. The INOmax EVOLVE DS is designed to meet the needs of neonatal intensive care unit (NICU) patients and healthcare professionals by offering improved automation, enhanced safety features, and a streamlined design.

Key features of the INOmax EVOLVE DS include 1.4-lb mini-cylinders, automated pre-use checkout, electronic blender, and electronic medical record connectivity. The system is intended for use in term and near-term neonates with hypoxic respiratory failure associated with pulmonary hypertension. INOmax has been on the market for over 20 years, treating more than 875,000 patients globally.

Mallinckrodt ha annunciato il lancio a livello nazionale del suo sistema di erogazione INOmax® EVOLVE™ DS, approvato dalla FDA per l'inalazione di gas INOmax® (ossido nitrico). Questo sistema di nuova generazione combina tecnologia dei mini-cilindri, automazione, integrazione e interazione in un unico dispositivo. L'INOmax EVOLVE DS è progettato per soddisfare le esigenze dei pazienti delle unità di terapia intensiva neonatale (NICU) e dei professionisti sanitari, offrendo una maggiore automazione, funzionalità di sicurezza migliorate e un design semplificato.

Le caratteristiche principali dell'INOmax EVOLVE DS includono mini-cilindri da 1,4 libbre, automazione del controllo pre-utilizzo, miscelatore elettronico e connettività con i record medici elettronici. Il sistema è destinato all'uso in neonati a termine e prossimi al termine con insufficienza respiratoria ipossica associata a ipertensione polmonare. L'INOmax è sul mercato da oltre 20 anni, trattando più di 875.000 pazienti a livello globale.

Mallinckrodt ha anunciado el lanzamiento a nivel nacional de su sistema de entrega INOmax® EVOLVE™ DS, aprobado por la FDA para la inhalación de gas INOmax® (óxido nítrico). Este sistema de nueva generación combina tecnología de mini cilindros, automatización, integración e interacción en un único dispositivo. El INOmax EVOLVE DS está diseñado para satisfacer las necesidades de los pacientes de la unidad de cuidados intensivos neonatales (NICU) y de los profesionales de la salud, ofreciendo una mejor automatización, características de seguridad mejoradas y un diseño simplificado.

Las características clave del INOmax EVOLVE DS incluyen mini cilindros de 1,4 libras, control de preuso automatizado, mezclador electrónico y conectividad con registros médicos electrónicos. El sistema está destinado a ser utilizado en neonatos a término y casi a término con falla respiratoria hipoxémica asociada con hipertensión pulmonar. El INOmax ha estado en el mercado durante más de 20 años, tratando a más de 875,000 pacientes en todo el mundo.

말린크로드FDA 승인을 받은 INOmax® EVOLVE™ DS 배달 시스템의 전국적 출시를 발표했습니다. 이 차세대 시스템은 미니 실린더 기술, 자동화, 통합 및 상호작용을 하나의 장치로 결합합니다. INOmax EVOLVE DS는 신생아 집중 치료실(NICU) 환자와 의료 전문가의 요구에 맞춰 더 나은 자동화, 향상된 안전 기능 및 간소화된 디자인을 제공합니다.

INOmax EVOLVE DS의 주요 기능으로는 1.4 파운드 미니 실린더, 자동 사전 사용 점검, 전자 혼합기 및 전자 의료 기록 연결성이 있습니다. 이 시스템은 호흡 부전이 있는 만기 및 임신 가까운 신생아에게 사용하기 위해 설계되었습니다. INOmax는 20년 이상 시장에 나와 있으며, 전 세계 875,000명 이상의 환자를 치료했습니다.

Mallinckrodt a annoncé le lancement à l'échelle nationale de son système de livraison INOmax® EVOLVE™ DS, agréé par la FDA pour l'inhalation de gaz INOmax® (oxyde nitrique). Ce système de nouvelle génération combine technologie de mini-cylindres, automatisation, intégration et interaction en un seul dispositif. L'INOmax EVOLVE DS est conçu pour répondre aux besoins des patients des unités de soins intensifs néonatals (NICU) et des professionnels de la santé, en offrant une automatisation améliorée, des fonctionnalités de sécurité renforcées et un design rationalisé.

Les caractéristiques clés de l'INOmax EVOLVE DS comprennent des mini-cylindres de 1,4 lb, un contrôle automatisé avant utilisation, un mélangeur électronique et une connectivité avec les dossiers médicaux électroniques. Le système est destiné à être utilisé pour des nouveau-nés à terme et presque à terme présentant une insuffisance respiratoire hypoxique associée à une hypertension pulmonaire. L'INOmax est sur le marché depuis plus de 20 ans, traitant plus de 875 000 patients dans le monde.

Mallinckrodt hat die Einführung seines von der FDA zugelassenen INOmax® EVOLVE™ DS Liefer systems für die Inhalation von INOmax® (Stickstoffmonoxid) bekannt gegeben. Dieses System der nächsten Generation kombiniert Mini-Zylindertechnologie, Automatisierung, Integration und Interaktion in einem einzigen Gerät. Das INOmax EVOLVE DS ist darauf ausgelegt, die Bedürfnisse von Patienten auf der neonatalen Intensivstation (NICU) und Fachleuten im Gesundheitswesen zu erfüllen, indem es verbesserte Automatisierung, erweiterte Sicherheitsfunktionen und ein optimiertes Design bietet.

Wichtige Funktionen des INOmax EVOLVE DS umfassen 1,4 lbs Mini-Zylinder, automatisierte Vorbenutzungskontrolle, elektronischen Mischer und elektronische medizinische Aufzeichnungsanbindung. Das System ist für die Verwendung bei Neugeborenen mit hypoxischer Ateminsuffizienz vorgesehen, die mit pulmonaler Hypertonie assoziiert ist. INOmax ist seit über 20 Jahren auf dem Markt und hat weltweit mehr als 875.000 Patienten behandelt.

Positive
  • FDA clearance for the INOmax EVOLVE DS delivery system
  • Nationwide rollout following successful pilot program
  • Improved automation and enhanced safety features for NICU patients
  • Electronic medical record connectivity transferring over 100 data parameters
  • Well-established efficacy and safety profile with over 875,000 patients treated globally
  • Awarded the Human Factors and Ergonomics Society Stanley Caplan User-Centered Product Design Award in 2023
Negative
  • None.

Insights

The rollout of the INOmax EVOLVE DS delivery system represents a significant advancement in neonatal intensive care. This next-generation system offers several key improvements:

  • Enhanced automation and safety features
  • Streamlined design for improved user experience
  • Integration of mini-cylinder technology
  • Electronic medical record connectivity

These innovations could potentially lead to better patient outcomes and increased efficiency for healthcare providers. The system's FDA clearance and successful pilot program suggest a positive reception in the market. However, the impact on Mallinckrodt's financial performance may be gradual, as hospital adoption rates for new medical devices can vary. The company's long-standing presence in this niche market with over 20 years of experience and 875,000 patients treated globally provides a strong foundation for this product launch.

While this development is promising, investors should consider that the specialized nature of the product limits its market size. The financial impact will depend on factors such as pricing strategy, adoption rates and potential market expansion beyond the current indications.

–  The INOmax EVOLVE DS is our next-generation nitric oxide delivery system that combines mini-cylinder technology, automation, integration, and interaction into one device1

– The INOmax EVOLVE DS is now available for contracting and distribution for use in U.S. hospitals –

DUBLIN, Oct. 10, 2024 /PRNewswire/ -- Mallinckrodt plc, a global specialty pharmaceutical company, today announced the rollout of the U.S. Food and Drug Administration (FDA) cleared INOmax® EVOLVE™ DS delivery system for the delivery of INOmax® (nitric oxide) gas, for inhalation. This nationwide rollout follows the successful introduction of the INOmax EVOLVE DS Pilot program.

The INOmax EVOLVE DS is our next-generation inhaled nitric oxide delivery system with a fully integrated design and includes a primary delivery system, a monitoring system, an electronic blender, automated backup delivery, mini-cylinders, and more.1 The INOmax EVOLVE DS is intended to help meet the needs of neonatal intensive care unit (NICU) patients and healthcare professionals by offering improved automation, which enhances safety features, and a streamlined design that elevates the user experience.1

Please see Applications and Device Warnings below.

INOmax is an FDA-approved treatment that is indicated to improve oxygenation and reduce the need for extracorporeal membrane oxygenation in term and near-term (>34 weeks gestation) neonates with hypoxic respiratory failure associated with clinical or echocardiographic evidence of pulmonary hypertension in conjunction with ventilatory support and other appropriate agents.2

INOmax is contraindicated in the treatment of neonates dependent on right-to-left shunting of blood.2 

Please see additional Important Safety Information for INOmax below.

"We are excited to enter the nationwide rollout phase of our next-generation INOmax delivery system for NICU patients and the hospital staff responsible for their care," said Lisa French, Executive Vice President & Chief Commercial Officer. "This innovation milestone reflects our long-standing commitment to providing delivery system options with comprehensive safety features.1 We will continue to work closely with our customers to support availability of the INOmax EVOLVE DS delivery system."

A few of the many INOmax EVOLVE DS features include1:

  • 1.4-lb mini-cylinders
  • Automated pre-use checkout
  • Pre-high-calibrated NO/NO2 gas sensor modules and automatic low calibration
  • Automatic cylinder switching when empty
  • Electronic blender with automatic activation when a minimum amount of oxygen flow has been detected
  • Electronic medical record connectivity that transfers over 100 data parameters3
  • Touchscreen display with an easy-to-use interface

The comprehensive INOmax EVOLVE DS Pilot program provided users the opportunity for an extensive review of our next-generation delivery system. We appreciate each hospital's feedback including one Respiratory Therapist's (RT) statement that, "After using the INOmax EVOLVE DS during the pilot introduction, and in current use, it is evident that Mallinckrodt took the input from bedside RTs into account. The smaller cylinders and streamlined design make it easier to move the device around the hospital and store supplies."1

INOmax has a well-established efficacy and safety profile with more than 20 years on the market and over 875,000 patients treated globally.2,4 In 2023, the INOmax EVOLVE DS was awarded the Human Factors and Ergonomics Society Stanley Caplan User-Centered Product Design Award, presented to teams that have demonstrated outstanding innovation and design for products, software, and systems. Mallinckrodt accepted the award on February 15, 2024.

If a customer is interested in learning more about the INOmax EVOLVE DS, they can reach out to their local representative or visit INOmax.com for the latest updates.

APPLICATIONS

The INOmax EVOLVE DS delivery system delivers INOmax (nitric oxide) gas, for inhalation. The EVOLVE DS must only be used in accordance with the indications, usage, contraindications, and warnings and precautions described in the INOmax package insert and labeling and is indicated for use in term and near term (>34 weeks gestation) neonates with hypoxic respiratory failure (HRF) associated with clinical or echocardiographic evidence of pulmonary hypertension. The EVOLVE DS is indicated for a maximum of 14 days of use.

DEVICE WARNINGS

  • Abrupt discontinuation of INOmax can lead to worsening oxygenation and increasing pulmonary artery pressure (rebound pulmonary hypertension syndrome). To avoid abrupt discontinuation, use the eINOblender as a backup immediately to reinstate INOmax therapy and refer to the INOmax package insert.
  • Do not discontinue INOmax delivery if the high NO2 alarm activates. Assess the delivery system for proper setup while maintaining INOmax delivery and verify INOmax and/or FiO2 are appropriate.
  • Do not use equipment that is not specified as part of the system or that is not designed for INOmax mixtures. Using equipment that is not specified can cause the system to malfunction.
  • If an alarm occurs, safeguard the patient first before performing troubleshooting procedures.
  • Use only INOmax, pharmaceutical grade NO.

Rx Only

For technical assistance or for information on the INOmax EVOLVE DS delivery system, call (877) 566-9466.

IMPORTANT SAFETY INFORMATION (Cont'd)

  • Abrupt discontinuation of INOmax may lead to increasing pulmonary artery pressure and worsening oxygenation.
  • Methemoglobinemia and NO2 levels are dose dependent. Nitric oxide donor compounds may have an additive effect with INOmax on the risk of developing methemoglobinemia. Nitrogen dioxide may cause airway inflammation and damage to lung tissues.
  • In patients with pre-existing left ventricular dysfunction, INOmax may increase pulmonary capillary wedge pressure leading to pulmonary edema.
  • Monitor for PaO2, inspired NO2, and methemoglobin during INOmax administration.
  • INOmax must be administered using a calibrated FDA-cleared Nitric Oxide delivery system.

Please see Full Prescribing Information.

ABOUT MALLINCKRODT
Mallinckrodt is a global business consisting of multiple wholly owned subsidiaries that develop, manufacture, market, and distribute specialty pharmaceutical products and therapies. The company's Specialty Brands reportable segment's areas of focus include autoimmune and rare diseases in specialty areas like neurology, rheumatology, hepatology, nephrology, pulmonology, ophthalmology, and oncology; immunotherapy and neonatal respiratory critical care therapies; analgesics; and gastrointestinal products. Its Specialty Generics reportable segment includes specialty generic drugs and active pharmaceutical ingredients. To learn more about Mallinckrodt, visit www.mallinckrodt.com.

CAUTIONARY STATEMENTS RELATED TO FORWARD-LOOKING STATEMENTS
This release contains forward-looking statements, including with regard to INOmax (nitric oxide) gas, the INOmax EVOLVE™ DS delivery system, the potential of these products to improve health and treatment outcomes, their potential impact on patients and the availability of the INOmax EVOLVE™ DS delivery system in U.S. hospitals in the future. The statements are based on assumptions about many important factors, including the following, which could cause actual results to differ materially from those in the forward-looking statements: the effects of Mallinckrodt's recent emergence from bankruptcy; satisfaction of, and compliance with, regulatory and other requirements, including the clinical guidelines and protocols, and hospital policies and practices; actions of regulatory bodies and other governmental authorities; changes in laws and regulations; changes in market demand; issues with product quality, manufacturing or supply, or patient safety issues or adverse side effects or adverse reactions associated with INOmax (nitric oxide) gas and the INOmax EVOLVE™ DS delivery system; and other risks identified and described in more detail in the "Risk Factors" section and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of Mallinckrodt's most recent Annual Report on Form 10-K , Quarterly Reports on Form 10-Q, and other filings with the SEC, all of which are available on its website. The forward-looking statements made herein speak only as of the date hereof and Mallinckrodt does not assume any obligation to update or revise any forward-looking statement, whether as a result of new information, future events and developments or otherwise, except as required by law.

CONTACT

Media Inquiries
Green Room Communications
908-577-4531
mediainquires@grcomms.com

Investor Relations
Derek Belz
Vice President, Investor Relations
314-654-3950
derek.belz@mnk.com

Mallinckrodt, the "M" brand mark and the Mallinckrodt Pharmaceuticals logo are trademarks of a Mallinckrodt company. Other brands are trademarks of a Mallinckrodt company or their respective owners.

©2024 Mallinckrodt. US-2400582 10/24

References

1 INOmax EVOLVETM DS Operation Manual. Mallinckrodt Pharmaceuticals.
2 INOmax. Package insert. INO Therapeutics LLC; 2023.
3 EVOLVE DS. Serial Data Protocol for versions 01.04.09 and later. Technical Bulletin. TB-23001. Mallinckrodt Pharmaceuticals. 2023.
4 Data on File – Ref-01753. Mallinckrodt Pharmaceuticals.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/mallinckrodt-announces-an-expanded-rollout-of-the-inomax-evolve-ds-delivery-system-in-us-hospitals-302271897.html

SOURCE Mallinckrodt plc

FAQ

What is the INOmax EVOLVE DS delivery system for MNK?

The INOmax EVOLVE DS is Mallinckrodt's next-generation nitric oxide delivery system for INOmax gas inhalation, combining mini-cylinder technology, automation, integration, and interaction into one device for use in U.S. hospitals.

What are the key features of Mallinckrodt's INOmax EVOLVE DS (MNK)?

Key features include 1.4-lb mini-cylinders, automated pre-use checkout, pre-high-calibrated gas sensor modules, automatic cylinder switching, electronic blender, electronic medical record connectivity, and a touchscreen display with an easy-to-use interface.

What is the indication for INOmax used with the EVOLVE DS system by Mallinckrodt (MNK)?

INOmax is indicated to improve oxygenation and reduce the need for extracorporeal membrane oxygenation in term and near-term (>34 weeks gestation) neonates with hypoxic respiratory failure associated with pulmonary hypertension.

How long has INOmax been on the market for Mallinckrodt (MNK)?

INOmax has been on the market for more than 20 years, with over 875,000 patients treated globally.

Mallinckrodt plc

NYSE:MNK

MNK Rankings

MNK Latest News

MNK Stock Data

4.52M
5.72M
10.09%
96.64%
13.46%
Drug Manufacturers - Specialty & Generic
Healthcare
Link
Ireland
Dublin