Vancouver, Kelowna and Delta, British Columbia–(Newsfile Corp. – June 3, 2024) – Investorideas. com, a benchmark investment platform, publishes the first in a two-part series on advances in medical devices for blood purification. with Aethlon Medical, Inc. (NASDAQ: AEMD), a medical therapeutics company whose goal is to treat cancer and life-threatening infectious diseases.
Read the full article on Investorideas. comhttps://www. investorideas. com/News/2024/biotech/06030Blood-Purification-Medical-Devices. asp
According to Straits Research, “the global blood purification apparatus market length is valued at $17,755. 6 million in 2021. It is expected to reach $29,242. 21 million by 2030. “
Aethlon Medical, Inc. (NASDAQ: AEMD), with a long history of developing its proprietary Hemopurifier® blood purification device, today released an update on its planned Phase 1 clinical trials on the safety, feasibility, and dosage studies of its Hemopurifier®. in patients with malignant tumors treated with solid or progressive disease with anti-PD-1 monotherapy, such as Keytruda® or Opdivo®.
“Once we obtain the expected approvals from the ethics committee, we will finalize the agreements on the clinical trials. After that, hospitals will be able to start recruiting patients for trials. “
As a reminder, the target patient population of these safety, feasibility, and dose-finding trials are cancer patients with sham tumors who have failed their treatment with anti-PD-1 monotherapy, such as Keytruda® or Opdivo®.
The Aethlon Hemopurifier® is a first-class generation designed for the immediate depletion of circulating cancer-promoting exosomes and viruses. The U. S. Food and Drug AdministrationThe U. S. Food and Drug Administration (FDA) has designated the Hemopurifier® as an “innovative device” for the treatment of people with complex or metastatic cancer who do not respond to or tolerate popular therapy and who have cancers in which exosomes have been shown to be involved in disease progression or severity; and life-threatening viruses that are not treated with approved therapies.
Zach’s Research recently commented on Aethlon following positive results from an in vitro binding study he had implemented on Hemopurifier’s® potential to remove extracellular vesicles (EVs) from the plasma of cancer patients.
“The AEMD will then seek approval from the respective ethics committees of the interested sites in India. The company has a strong clinical relationship with Medanta Medicity Hospital in Delhi, India, which is currently in a hemopurifier study in COVID patients and we are not surprised if Medanta Medicity Hospital had interest in the oncology study.
“Depending on how long it will take for sites to review and potentially approve participation in the Phase 1 trial of Aethlon, our clinical efforts could begin in the second half of 24. Whether Aethlon can demonstrate Hemopurifier’s ability to improve outcomes for cancer patients. of other cancers, we anticipate strong advertising customers for Hemopurify. “
In early May, CytoSorbents Corporation, a pioneer in blood purification technologies in critical care and cardiac surgery, announced its unaudited monetary and operating results for the quarter ended March 31, 2024. The company reported a 14% year-over-year increase in product sales and a sequential quarterly growth of 22%.
From the News: Dr. Phillip Chan, Chief Executive Officer of CytoSorbents, said: “We are pleased to report a strong start to 2024, driven by significant sales expansion and operational efficiencies. Product sales in the first quarter of 2024 were $9. 0 million, marking the highest quarter for CytoSorb’s core sales in just about 3 years. We increased our product’s gross margin to 76%, excluding non-recurring stock adjustments, an absolute increase of 8% from the first quarter of 2023, highlighting scalability and power. of our health. State-of-the-art production facilities and processes.
Also focused on blood purification, Cerus Corporation, committed solely to safeguarding the world’s blood supply, announced its monetary effects for the first quarter ended March 31, 2024.
Highlights included:
The company reiterates its full-year 2024 earnings direction diversity of $172 million to $175 million. This diversity includes the full-year 2024 direction for the INTERCEPT Fibrinogen Complex, which is expected to be between $8 million and $10 million.
“The Cerus team delivered on our plans for the first quarter, paving the way for the remainder of 2024, with wonderful progress on clinical milestones and a strong return to expansion in our advertising business. The positive effects of ReCePI, the US Phase 3″The INTERCEPT red blood cell clinical trial is a vital milestone for the program and for our efforts to potentially advertise this product globally,” said William “Obi” Greenman, president and chief executive officer of Cerus. “Red blood cells are the maximum transfused blood parts worldwide, and we are committed to offering our consumers worldwide the full diversity of INTERCEPT for all transfused blood parts.
In mid-May, Spectral Medical Inc. , a Phase 3 company seeking approval from the U. S. FDA, announced that the U. S. Department of Homeland Security (FDA) would announce that the U. S. Department of Homeland Security (FDA) would not be able to obtain a Phase 3 grant to the U. S. Food and Drug Administration (FDA). The™ U. S. Department of Energy’s U. S. Department of Health (“PMX”) announced financial effects for the first quarter ended March 31. . , 2024, and provided a corporate update.
PMX is a curative hemoperfusion device that removes endotoxins that can cause sepsis from the bloodstream and is guided through the company’s Endotoxin Activity Test (EAA™), the only FDA-approved diagnosis for the threat of sepsis.
News Excerpt: Spectral continued its significant progress during the first quarter of 2024, both clinically and operationally, and since the beginning of the year, 25 patients have been enrolled for a total of 106 patients over the overall goal of 150 patients. The company is focused on maximizing efforts to enroll and complete the Tigris trial and believes the continued addition of new Tigris sites beginning in the fourth quarter of 2023 could further drive enrollment and allow Spectral to temporarily reach the 150-patient goal. , which would bring the company closer to submission and possible FDA approval. In addition to its clinical trials, the company continues to work intensively with its advertising partner, Baxter. In the first quarter of 2024, Baxter exercised its right to maintain its exclusive distribution of PMX products in the United States and Canada and paid Spectral a non-dilutive milestone payment. Additionally, Spectral and Baxter mutually agreed to replace the initial term of their advertising partnership to ten years following FDA approval of PMX. The Company believes that this amendment provides the parties with a mutually favorable avenue to maximize PMX advertising economics, while providing motivation for continued support and resource allocation to the PMX association.
The blood purification generation made headlines during the pandemic when several companies, including Baxter International Inc. , obtained Emergency Use Authorization (EUA) from the U. S. FDA. Baxter UU. La s approval was for the company’s Oxiris product intended to treat patients who have shown COVID-19 and have been admitted to the intensive care unit (ICU) with overt or near respiratory failure requiring blood-purifying treatment to decrease levels of pro-inflammatory cytokines. Use in continuous renal replacement therapy (CRRT) is added.
Based on our studies so far, Hemopurifier has potential for many pathogenic viruses in humans, including HCV, HIV, Sars-CoV-2, and Ebola. “
For corporations in this sector, the drive to innovate is “in their blood,” and with the global threats of long-term viruses and pandemics, it’s an industry worth watching.
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