CHF Solutions Initiates Strategic Collaboration with Daxor Corporation to Assist in the Management of Patients with Fluid Overload
The collaboration will initiate with a small clinical evaluation of the benefits of blood volume measurement and its potential to inform ultrafiltration therapy management with the company’s Aquadex FlexFlow system. Published data has shown that 24 percent of fluid overloaded patients are readmitted to the hospital within 30 days and approximately 50 percent within six months. The companies intend to determine synergies of using the BVA-100 to assist in informing clinicians on fluid volume status including patient selection, when to start ultrafiltration therapy, and how to manage therapy to achieve positive clinical results for patients.
“We believe that ultrafiltration with the Aquadex FlexFlow system is an essential component to effectively manage fluid overloaded patients who have failed diuretics,” said
“Daxor seeks to supply healthcare providers with the means to improve heart failure treatment outcomes. We feel that the combination of our precision diagnostic combined with Aquadex FlexFlow therapy for fluid overload may result in significantly improved patient care,” commented
About CHF Solutions
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Forward-Looking Statements
Certain statements in this release may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including without limitation, statements relating to the potential synergies between Aquadex FlexFlow System and Daxor’s BVA-100 Blood Volume Analyzer, the use of the two technologies conjunctively in the management of fluid overloaded patients who have failed diuretics, the potential benefits of the collaboration, the company’s strategy to evaluate diagnostic tools which may refine and maximize fluid management therapy, the potential of Daxor’s BVA-100 Blood Volume Analyzer to transform therapy in a broad range of surgical and medical conditions. 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 risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this release, including, without limitation, those risk associated with our ability to execute on our commercial strategy, the possibility that we may be unable to raise sufficient funds necessary for our anticipated operations, our post-market clinical data collection activities, benefits of our products to patients, our expectations with respect to product development and commercialization efforts, our ability to increase market and physician acceptance of our products, potentially competitive product offerings, intellectual property protection, our ability to integrate acquired businesses, our expectations regarding anticipated synergies with and benefits from acquired businesses, and other risks and uncertainties described in our filings with the SEC. Forward-looking statements speak only as of the date when made.
CONTACTS:
INVESTORS:
Chief Financial Officer
952-345-4205
ir@chf-solutions.com
-or-
Managing Partner
CORE IR
516-222-2560
brets@coreir.com
www.coreir.com
MEDIA
917-885-7378
jabraham@jqapartners.com
Source: CHF Solutions, Inc.