SAN DIEGO, CA -- December 17, 2021 -- InvestorsHub NewsWire --
Sigyn Therapeutics, Inc. (OTC
Markets:“SIGY”), a medical technology company focused on
the treatment of pathogen-related conditions
that precipitate sepsis, today released the
following note authored by its Chairman and CEO, Jim Joyce.
On March 24, 2020, the U.S. Department of Health and Human
Services (HHS) declared that the emergence of COVID-19 justified
the Emergency-Use Authorization (EUA) of drugs, biological
products, and medical devices to combat the pandemic.
Within a month of the HHS declaration, The U.S. Food and
Drug Administration (FDA) awarded an EUA to industry colleagues at
Terumo BCT, ExThera Medical Corporation, CytoSorbents, Inc., and
Baxter Healthcare Corporation. The therapeutic products
from these organizations were not drug or biological agents, they
were blood purification technologies.
In connection with these EUA awards, FDA published a
statement that blood purification devices may be effective at
treating certain patients with confirmed COVID-19 by reducing
various pathogens, cytokines, and other inflammatory mediators from
the bloodstream.
Consistent with FDA’s statement, we have been advancing
Sigyn Therapy, a dual-function blood purification technology that
we created to address pathogen sources of life-threatening
inflammation in concert with the broad-spectrum elimination of
cytokines and other inflammatory mediators.
Beginning in December of 2020, we have reported results from
a series of in vitro blood purification studies that validated the
ability of Sigyn Therapy to extract a broad-spectrum of viral
pathogens (including COVID-19), gram-negative and gram-positive
bacterial toxins, hepatic toxins, cytovesicles and pro-inflammatory
cytokines from human blood plasma.
Concurrent with our intent to participate in the emerging
blood purification industry, COVID-19 has revealed the
strengths and weaknesses of government preparedness initiatives
that were in place at the outset of the pandemic.
In this regard, the development, clinical testing, market
clearance, and global delivery of multiple vaccines that protect
against severe COVID-19 infection is unprecedented. Less
than one year after the HHS mandate, vaccines from Janssen,
Moderna, and Pfizer-BioNTech were cleared under Emergency Use
Authorization. Beyond the ongoing need to protect
against COVID-19, the business environment for protective vaccines
should continue to be robust as a confluence of global warming,
urban crowding and intercontinental travel are likely to fuel a
continuance of future pandemics.
Inversely, 5.3 million COVID-19 deaths and the shutdown of
global economies have exposed the futility of aligning
post-exposure antiviral drugs with emerging pandemic
threats. Especially if preventive messenger RNA (mRNA)
vaccines can be delivered to the marketplace at a pace that
precedes the development of a post-exposure antiviral
drug. Between the EUA clearance of the blood
purification and vaccine technologies referenced above, Remdesivir
(Gilead Sciences, Inc.), a drug repurposed from the Ebola 2014
outbreak, was the sole antiviral to be cleared under EUA.
As a result, an increasing emphasis should be placed on
blood purification technologies as post-exposure countermeasures to
treat hospitalized patients with severe infections. In
closing, consider that a properly designed blood purification
device can perform functions that are beyond the reach of drugs and
will have broad commercial applications beyond the treatment of
pandemic viruses.
Have a Happy Holiday Season, Jim
About Sigyn Therapeutics™
Sigyn Therapeutics is a medical technology company focused on
the treatment of pathogen-related conditions that precipitate
sepsis, the #1 cause of hospital deaths worldwide. Sigyn
Therapy™ is a dual-function blood purification technology that
extracts pathogen sources of life-threatening inflammation in
concert with the broad-spectrum elimination of inflammatory
mediators from the bloodstream.
Beginning in December of 2020, a series
of invitro blood purification studies have
validated the ability of Sigyn Therapy to address endotoxin
(gram-negative bacterial toxin), peptidoglycan and
lipoteichoic acid (gram-positive bacterial toxins), viral
pathogens (including COVID-19), hepatic toxins (ammonia, bile acid
& bilirubin), cytovesicles that transport inflammatory cargos,
and relevant proinflammatory cytokines (TNF-a, IL-1b, IL-6) that
underlie the cytokine storm that precipitates sepsis.
Therapeutic opportunities for Sigyn Therapy include but are not
limited to emerging bioterror and pandemic threats, drug-resistant
pathogens, hepatic encephalopathy, and community-acquired
pneumonia, which is a leading cause of death among infectious
diseases, the leading cause of death in children under 5 years of
age, and a catalyst for ~50% of sepsis and septic shock
cases.
To support widespread implementation, Sigyn Therapy is a
single-use disposable device designed for use on the established
infrastructure of hemodialysis and continuous renal replacement
therapy (CRRT) machines located in hospitals and clinics worldwide.
Incorporated within Sigyn Therapy is a formulation of adsorbent
components that provide more than 200,000 square meters (~50 acres)
of surface area on which to adsorb and remove bloodstream
targets. Unlike devices that concentrate therapeutic
targets in the blood-path, Sigyn Therapy extracts targets from the
bloodstream, which eliminates their ability to interact with blood
cells during treatment.
To learn more, visit www.SigynTherapeutics.com
Cautionary Note Regarding Forward-Looking Statements
This information in this press release contains forward-looking
statements of Sigyn Therapeutics, Inc. (“Sigyn”) that involve
substantial risks and uncertainties. All statements contained in
this summary are forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934 that involve risks and
uncertainties. Statements containing words such as "may,"
"believe," "anticipate," "expect," "intend," "plan," "project,"
"will," "projections," "estimate," "potentially" or similar
expressions constitute forward-looking statements. Such
forward-looking statements are subject to significant risks and
uncertainties and actual results may differ materially from the
results anticipated in the forward-looking statements. These
forward-looking statements are based upon Sigyn's current
expectations and involve assumptions that may never materialize or
may prove to be incorrect. Factors that may contribute to such
differences may include, without limitation, the Company's ability
to clinically advance Sigyn Therapy in human studies required for
market clearance, the Company's ability to manufacture Sigyn
Therapy, the Company's ability to raise capital resources, and
other potential risks. The foregoing list of risks and
uncertainties is illustrative but is not exhaustive. Additional
factors that could cause results to differ materially from those
anticipated in forward-looking statements can be found under the
caption "Risk Factors" in the Company's Annual Report on Form 10-K
for the year ended December 31, 2020, and in the Company's other
filings with the Securities and Exchange Commission, including its
quarterly Reports on Form 10-Q. All forward-looking statements
contained in this report speak only as of the date on which they
were made. Except as may be required by law, the Company does not
intend, nor does it undertake any duty, to update this information
to reflect future events or circumstances.
Media Contacts:
Russo Partners, LLC
David Schull
(212) 845-4271
David.Schull@russopartnersllc.com
Nic Johnson
(212) 845-4242
Nic.Johnson@russopartnersllc.com
Corporate Contact:
Jim Joyce
Chairman, CEO
619.353.0800 x301
jj@sigyntherapeutics.com
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