SeaStar Medical Finalizes FDA Labeling Requirement for QUELIMMUNE, Paving the Way for First Commercial Sales as Humanitarian Use Device
July 03 2024 - 8:30AM
SeaStar Medical Holding Corporation (Nasdaq: ICU), a
commercial-stage medical device company developing proprietary
solutions to reduce the consequences of hyperinflammation on vital
organs, announces that the U.S. Food and Drug Administration’s
(FDA) Center for Biologics Evaluation and Research (CBER) has
agreed to the final labeling for SeaStar Medical’s QUELIMMUNE™, the
Selective Cytopheretic Device for pediatric patients, paving the
way under the Humanitarian Use Device (HUD) designation to market
the therapeutic device in the U.S. for the treatment of children
weighing 10 kilograms or more with acute kidney injury (AKI) and
sepsis or septic condition requiring kidney replacement therapy
(KRT).
“We thank the FDA for diligently working through
QUELIMMUNE’s labeling. We are now ready to make final changes to
product labels for incorporation into the commercial kits,” said
Eric Schlorff, SeaStar Medical CEO. “We expect to begin shipping
this month and are excited to bring the potential lifesaving and
quality-of-life benefits of QUELIMMUNE to critically ill
children.”
Pediatric Acute Kidney
InjuryQUELIMMUNE is approved under a Humanitarian Device
Exemption (HDE) application, having met the applicable criteria
with clinical results showing safety and probable clinical benefit
to critically ill children with AKI who have few treatment options.
Pediatric patients undergoing treatment with QUELIMMUNE are
expected to require, on average, seven QUELIMMUNE daily therapies,
with the disposable device being changed once every 24 hours.
Only about half of patients in the pediatric ICU
with AKI who require KRT survive, with those surviving being at
risk of long-term, life-threatening conditions such as chronic
kidney disease. A pooled analysis from two non-controlled studies
(one of which was funded by the FDA Office of Orphan Products
Development) showed that children weighing 10 kilograms or more
with AKI requiring continuous KRT who were treated with QUELIMMUNE
had a 77% survival rate, no dialysis dependency at day 60 and no
device-related serious adverse events or device-related infections.
The U.S. addressable population of about 4,000 children falls
within the 8,000-patient HDE criteria.
SeaStar Medical is also conducting a pivotal
trial in adults with AKI who require continuous KRT. The applicable
adult population is approximately 210,000 patients per year, or
about 50 times larger than the pediatric population.
About the Selective Cytopheretic Device
(SCD)The SCD is a patented, cell-directed extracorporeal
device that employs immunomodulating technology to selectively
target proinflammatory neutrophils and monocytes during continuous
KRT and reduces the hyperinflammatory milieu including the cytokine
storm that causes inflammation, organ failure, and possible death
in critically ill patients. Unlike pathogen removal and other
blood-purification tools, the device is integrated with KRT
hemofiltration systems to selectively target and transition
proinflammatory monocytes to a reparative state and promote
activated neutrophils to be less inflammatory. The SCD selectively
targets the most highly activated proinflammatory neutrophils and
monocytes. These cells are then returned back into the body through
the blood, and the body is signaled to lower its inflammatory
environment and focus on repair. This unique immunomodulation
approach may promote long-term organ recovery and eliminate the
need for future KRT, including dialysis.
About SeaStar MedicalSeaStar
Medical is a commercial-stage medical technology company that is
redefining how extracorporeal therapies may reduce the consequences
of excessive inflammation on vital organs. SeaStar Medical’s novel
technologies rely on science and innovation to provide life-saving
solutions to critically ill patients. The Company is developing and
commercializing cell-directed extracorporeal therapies that target
the effector cells that drive systemic inflammation, causing direct
tissue damage and secreting a range of pro-inflammatory cytokines
that initiate and propagate imbalanced immune responses. For more
information visit www.seastarmedical.com or visit us on LinkedIn or
X.
Forward-Looking StatementsThis
press release contains certain forward-looking statements within
the meaning of the “safe harbor” provisions of the Private
Securities Litigation Reform Act of 1955. These forward-looking
statements include, without limitation, SeaStar Medical’s
expectations with respect to the ability of SCD to treat patients
with AKI and other diseases; the expected regulatory approval
process and timeline for commercialization; and the ability of
SeaStar Medical to meet the expected timeline. Words such as
“believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,”
“strategy,” “future,” “opportunity,” “plan,” “may,” “should,”
“will,” “would,” “will be,” “will continue,” “will likely result,”
and similar expressions are intended to identify such
forward-looking statements. Forward-looking statements are
predictions, projections and other statements about future events
that are based on current expectations and assumptions and, as a
result, are subject to significant risks and uncertainties that
could cause the actual results to differ materially from the
expected results. Most of these factors are outside SeaStar
Medical’s control and are difficult to predict. Factors that may
cause actual future events to differ materially from the expected
results include, but are not limited to: (i) the risk that SeaStar
Medical may not be able to obtain regulatory approval of its SCD
product candidates; (ii) the risk that SeaStar Medical may not be
able to raise sufficient capital to fund its operations, including
current or future clinical trials; (iii) the risk that SeaStar
Medical and its current and future collaborators are unable to
successfully develop and commercialize its products or services, or
experience significant delays in doing so, including failure to
achieve approval of its products by applicable federal and state
regulators, (iv) the risk that SeaStar Medical may never achieve or
sustain profitability; (v) the risk that SeaStar Medical may not be
able to access funding under existing agreements; (vi) the risk
that third-parties suppliers and manufacturers are not able to
fully and timely meet their obligations, (vii) the risk of product
liability or regulatory lawsuits or proceedings relating to SeaStar
Medical’s products and services, (viii) the risk that SeaStar
Medical is unable to secure or protect its intellectual property,
and (ix) other risks and uncertainties indicated from time to time
in SeaStar Medical’s Annual Report on Form 10-K, including those
under the “Risk Factors” section therein and in SeaStar Medical’s
other filings with the SEC. The foregoing list of factors is not
exhaustive. Forward-looking statements speak only as of the date
they are made. Readers are cautioned not to put undue reliance on
forward-looking statements, and SeaStar Medical assumes no
obligation and do not intend to update or revise these
forward-looking statements, whether as a result of new information,
future events, or otherwise.
Investor Contact:LHA Investor
Relations Jody Cain (310)
691-7100 Jcain@lhai.com
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