STOCK TITAN

Newly Published Review Highlights the Pivotal Role of Daxor’s Blood Volume Analysis Technology in Advancing Cardiorenal Syndrome Management

(Neutral)
(Neutral)
Tags

Daxor (Nasdaq: DXR) announces a pivotal review published in Cardiorenal Medicine highlighting the important role of Blood Volume Analysis (BVA) in managing cardiorenal syndrome (CRS). The review, authored by expert contributors, emphasizes BVA's significance in enhancing the precision of diuretic and red cell therapies, leading to improved patient care and outcomes. Key findings include:

  • BVA's 98% accuracy in measuring total blood and red blood cell volumes
  • BVA's potential to optimize personalized therapy for CRS patients
  • Projected growth of CRS patient population to 47 million by 2030

Daxor's CEO, Michael Feldschuh, emphasizes BVA technology's potential to improve outcomes while reducing care duration and costs in CRS management.

Loading...
Loading translation...

Positive

  • Publication of review in prestigious journal Cardiorenal Medicine highlighting Daxor's BVA technology
  • BVA technology shown to enhance precision of diuretic and red cell therapies
  • BVA demonstrated 98% accuracy in measuring total blood and red blood cell volumes
  • Potential for BVA to optimize personalized therapy and improve patient outcomes in CRS management
  • Projected growth of CRS patient population to 47 million by 2030, indicating a large potential market for Daxor's technology

Negative

  • None.

News Market Reaction – DXR

+2.52%
+2.52% Session move

In the trading session that priced this news, DXR gained 2.52%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

Review Published in the Prestigious Journal Cardiorenal Medicine

Oak Ridge, TN, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Daxor Corporation (Nasdaq: DXR), the global leader in blood volume measurement technology, today announces a review published in the journal Cardiorenal Medicine that delves into the intricate landscape of cardiorenal syndrome (CRS) and highlights the pivotal role of Blood Volume Analysis (BVA) in improving patient care and outcomes.

Key findings:

  • BVA as a diagnostic tool enhances the precision of diuretic and red cell therapies, significantly elevating the effectiveness of conventional care.
  • Integrating BVA in CRS care has clinical implications, including personalized treatment and improved outcomes.
  • The heart-kidney relationship in CRS underscores the need for precise, personalized care, where BVA plays a crucial role.

The review titled, “Blood Volume Analysis and Cardio-renal syndrome: from bench to bedside,” explored the relationship between the heart and kidneys in CRS and discussed the usage of BVA in assessing and managing this challenging syndrome. Expert contributors included John Lynn Jefferies, MD, MBA, MPH, FACC, FAHA, FAAP, FHFSA, FRCPE, FESC, Cynthia Ann Stavish, MSN, APRN, ACNS-BC, PHN, Marc A. Silver, MD, FACC, FAHA, FHFSA, Javed Butler, MD, MPH, MBA, Harvey David Humes, MD, and John Strobeck, MD, PhD, FACC.

“CRS involves the complex interplay of cardiac and renal dysfunction” said John L. Jefferies, MD, Daxor’s Chief Medical Officer. “BVA is a highly accurate (98%) technique for measuring total blood and red blood cell volumes, informing the evaluation and treatment of CRS, including its subtypes, pathophysiology, and clinical significance. Integrating BVA into CRS management optimizes personalized therapy and enhances patient outcomes.”

“By 2030, the CRS patient population is projected to reach 47 million, significantly impacting healthcare costs," said Michael Feldschuh, CEO and President of Daxor. "Our BVA technology provides clinicians with actionable data to optimize and personalize treatment plans, improving outcomes while reducing care duration and costs."

Access the Review HERE.

About Daxor Corporation

Daxor Corporation (Nasdaq: DXR), is the global leader in blood volume measurement technology focused on blood volume testing innovation. We developed and market the BVA-100® (Blood Volume Analyzer), the only diagnostic blood test cleared by the FDA to provide safe, accurate, objective quantification of blood volume status and composition compared to patient-specific norms. Over 65,000+ tests have been performed at leading hospital centers across the U.S., enhancing hospital performance metrics in a broad range of surgical and medical conditions, including significantly reducing mortality and readmissions in heart failure and critical care. Daxor has several ongoing trials in the areas of heart failure treatment with support from the NIH and is under contract developing analyzers to improve combat casualty care with the U.S. Department of Defense. Daxor's mission is to advance healthcare by enabling optimal fluid management with blood volume analysis. Daxor’s vision is optimal blood volume for all. For more information, please visit our website at Daxor.com. Sign up to receive news on Daxor’s innovative technology HERE.

Forward-Looking Statements

Certain statements in this release may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including without limitation, statements regarding the impact of hiring sales staff and expansion of our distribution channels. 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 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, FDA regulatory actions, our ability to integrate acquired businesses, our expectations regarding anticipated synergies with and benefits from acquired businesses, and additional other risks and uncertainties described in our filings with the SEC. Forward-looking statements speak only as of the date when made. Daxor does not assume any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Investor Relations Contact:
Bret Shapiro
Sr. Managing Partner, CORE IR
1-516-222-2560
brets@coreir.com


FAQ

What is the significance of Daxor's Blood Volume Analysis (BVA) technology in managing cardiorenal syndrome?

Daxor's BVA technology plays a pivotal role in managing cardiorenal syndrome (CRS) by enhancing the precision of diuretic and red cell therapies, leading to improved patient care and outcomes. It provides 98% accuracy in measuring total blood and red blood cell volumes, enabling personalized treatment strategies for CRS patients.

How might the projected growth of CRS patients impact Daxor (DXR)?

The projected growth of CRS patients to 47 million by 2030 represents a significant potential market for Daxor (DXR). This increase in the patient population could drive demand for Daxor's BVA technology, potentially leading to increased adoption and revenue growth for the company.

What are the key findings of the review published about Daxor's BVA technology in Cardiorenal Medicine?

The key findings of the review include: 1) BVA enhances the precision of diuretic and red cell therapies, 2) BVA has 98% accuracy in measuring blood volumes, 3) Integrating BVA in CRS care has clinical implications for personalized treatment and improved outcomes, and 4) BVA plays a important role in addressing the complex heart-kidney relationship in CRS.