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CTSO

CytoSorbents

$4.59 /

+0.04 (+0.88%)

07:28
03/25/20
03/25
07:28
03/25/20
07:28

CytoSorbents' CytoSorb added to Coronavirus treatment in Italy, Panama

CytoSorbents CEO Phillip Chan provided an update. "As the COVID-19 pandemic worsens, the use of CytoSorb in patients infected with COVID-19 has now begun. CytoSorb has now been used in more than 70 COVID-19 patients to help treat cytokine storm and life-threatening complications such as acute respiratory distress syndrome and shock in Italy, China, Germany, and France. (...) CytoSorb use has generally been associated with a marked reduction in cytokine storm and inflammation, improved lung function, weaning from mechanical ventilation, and a reversal of shock. (...) CytoSorb is now specifically recommended in the Italy Brescia Renal COVID Task Force Guidelines to treat patients with severe COVID-19 infection and Stage 3 renal failure on continuous renal replacement therapy (...) This follows the recommendation to treat cytokine storm with blood purification in COVID-19 infection by the National Health Commission in China (...) In addition, (...) the soon to be posted National Treatment Guidelines from Panama for Adult COVID-19 patients now recommends the use of CytoSorb if patients have either refractory shock, or have severe or refractory respiratory failure requiring either high ventilator support or extracorporeal membrane oxygenation. (...) The initial positive results seen with the use of CytoSorb are very encouraging, particularly reversal of shock, improved lung function, and weaning from mechanical ventilation. (...) Investigational medical devices in the U.S. that have not yet been FDA-approved, can be made available for emergency use under an already established Expanded Access Program by the FDA. (...) within the past week, we have received many unsolicited requests for emergency use from hospitals all over the country and are in discussions with the FDA on how to streamline this process, enable access of the CytoSorb technology to as many U.S. hospitals in the least burdensome way possible, treat patients earlier in the disease progression to have the best chance of success, and to collect patient-level data that can be used to optimize treatment for future patients and potentially support fast-track regulatory status. (...) We seek support to scale our manufacturing, to subsidize our efforts to provide CytoSorb to hospitals for emergency use, and to help fund a clinical study in COVID-19 patients. (...) our manufacturing facility is currently running 24 hours a day, seven days a week. As an essential business that manufactures a life-saving therapy, we are not affected by the current New Jersey lock-down restrictions." CytoSorb is approved in the European Union and distributed in 58 countries around the world, and is not yet approved in the U.S.

CTSO CytoSorbents
$4.59 /

+0.04 (+0.88%)

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