The Acute Hospital Care Market Is Worth Over $3 Trillion, And Windtree Therapeutics Brings A First-In-Class Drug To An Active Segment Of This Market
- Windtree Therapeutics is working on a first-in-class drug candidate, Istaroxime, for cardiogenic shock, a critical emergency condition.
- The drug has shown positive results in phase 2 trials and has a relatively fast and inexpensive route to development and regulatory approval.
- Windtree has milestones and news flow planned for the coming quarters, including the SEISMiC Extension Study, SCAI Stage C Study, and SERCA2a Activator advancement.
- The global acute hospital care market was worth $3.2 trillion in 2022 and is expected to grow at a CAGR of 5.62% from 2023 to 2030.
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WARRINGTON, PA / ACCESSWIRE / July 18, 2023 / The global acute hospital care market was worth
Within the acute hospital care sector, the largest segment of revenue was emergency care, which made up around
Cardiovascular disease is an increasingly significant contributor to ill health. In the U.S.,over 6 million adults suffer from heart failure, and heart diseaseremains the leading cause of death, making up one in every five deaths in 2021. The congestive heart failure (CHF) market was worth
Windtree - A Way To Invest In The Heart Disease Treatment Market?
Investors have shown themselveswary of investing in biotech companies since the boom and sudden decline in the sector, which included widespread layoffs and cutbacks, in 2022. As of this writing, the NASDAQ Biotechnology Index is down slightly more than
Windtree Therapeutics, Inc. (NASDAQ:WINT), a biotechnology company treating late-stage acute cardiovascular disorders, believes it offers this kind of attractive opportunity for investors looking to get involved in the acute hospital care market through its focus on cardiogenic shock.
The global market for cardiovascular drugs is worth
Windtree's Drug Istaroxime For Cardiogenic Shock - A Severe Form Of Heart Failure
Windtree Therapeutics, on the other hand, is working on a treatment for the critical emergency condition,cardiogenic shock (CS). CS is a critical heart condition where the heart cannot pump enough blood around the body, resulting in a combination of dangerously low blood pressure and hypoperfusion to vital organs.
Unlike chronic cardiovascular conditions, there is less market competition in treatments for hospital cardiovascular conditions. According to Windtree and its market research,there are no adequate drugs for CS available and no other drugs in development, and the company is looking to address this unmet need with its first-in-class drug candidate, Istaroxime.
The drug has already gone throughthree positive phase 2 trials, and recent data from a CS study leads Windtree to believe this drug can have a relatively fast and inexpensive route to development and regulatory approval. It has demonstrated a robust differentiated safety profile and can improve blood pressure and cardiac function at the same time without increasing the risk of adverse heart events.
Windtree milestones and news flow over the next several quarters: cardiogenic shock SEISMiC Extension Study, SCAI Stage C Study and SERCA2a Activator advancement (IP, publications).
Windtree is in a position where it claims it can either partner with another pharmaceutical company or successfully finish development and its approval and commercialize this drug by itself. It has a detailed strategy for value generation and has reduced company expenses to focus capital and resources on its lead programs.
Big biopharma companies could potentially also be interested in Windtree as an acquisition target for Istaroxime and its pipeline of drugs, given their recent interest in treatments for cardiovascular disease. Windtree's Istaroxime could be an attractive choice for acquisition in this segment of the biopharmaceutical market.
This year has already seen major investments in treatment-resistant hypertension (RHTN), withAstraZeneca acquiring Cincor Pharma, Inc. for approximately
Learn more about Windtree Therapeutics' position in the acute hospital care market.
Featured photo by Anna Shvets on Pexels.
Contact:
Matt Epstein
mepstein@kendallir.com
SOURCE: Windtree
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