DAXOR CORP Stock Price, News & Analysis

Daxor, a leader in blood volume measurement technology, announced that CEO Michael Feldschuh will present at the 23rd Annual H.C. Wainwright Global Investment Conference held virtually from September 13-15, 2021. His presentation will cover the company's latest updates, business model, and growth strategy, available from September 13th at 7:00 AM ET. Investors can register for the conference and schedule one-on-one meetings with Feldschuh. Daxor is known for the BVA-100, the first FDA-cleared diagnostic blood test for precise blood volume quantification.

Daxor Corporation (NYSE: DXR) announced significant growth in its blood volume diagnostic division, reporting a 26.5% increase in revenue for H1 2021 versus the prior year. CEO Michael Feldschuh highlighted plans for a new point-of-care blood volume analyzer launching in 2022, developed alongside the US DOD. Daxor’s strategy includes strong commercialization, next-gen product development, and improved clinical outcomes, supported by NIH funding for heart failure research. The company aims to expand its market reach significantly, leveraging both internal and external sales forces to enhance performance.

Daxor Corporation (NYSE: DXR) reports a 26.5% revenue increase in its diagnostic division, driven by the commercialization of the BVA-100® Blood Volume Analyzer and new distributor agreements. The company anticipates further growth through a multi-channel distribution model and has opened eight new accounts in 2021. Daxor's next-gen analyzers are set for production in 2022, supported by funding from the U.S. Department of Defense. Despite a 7% decrease in net assets to $14.5 million, the company remains optimistic about its commercialization strategy amidst ongoing COVID-19 challenges.

Daxor Corporation (NYSE: DXR) recently announced the publication of new data in Critical Care, highlighting the effectiveness of its BVA-100 diagnostic blood test in assessing blood volume alterations in critically ill COVID-19 patients. The research reveals significant capillary damage and blood volume deficits in these patients, emphasizing the need for fluid management. Following this, a multi-center study is underway at prominent hospitals including Wake Forest and NYU Langone Health to further explore these findings, potentially enhancing clinical outcomes.

Daxor Corporation (NYSE: DXR) has announced a distribution agreement with Concordance Healthcare Solutions, enhancing the availability of its BVA-100^® diagnostic blood test across U.S. healthcare facilities. This partnership aims to promote blood volume measurement for improved patient outcomes in conditions like heart failure. Daxor's CEO, Michael Feldschuh, emphasized that this collaboration will boost sales and awareness of their technology. Concordance's Senior Director highlighted that the BVA-100 will help reduce readmissions and healthcare costs, positively impacting patient care.

Daxor Corporation (NYSE: DXR) announced an expert analysis titled, "Anemia and Heart Failure: Guidance for Clinicians and Trialists," published in the American College of Cardiology. This analysis highlights the significance of measuring total blood volume in managing anemia among heart failure patients, a condition affecting over 6 million Americans. Daxor's BVA-100 Blood Volume Analyzer is emphasized as a critical tool for accurate blood volume assessment, informing treatment strategies. The company is also developing new testing platforms supported by the U.S. Department of Defense and NIH, expected in 2022.

Daxor Corporation (NYSE: DXR), a leader in blood volume measurement technology, announces that CEO Michael Feldschuh will present at the Summer Solstice - Best Ideas from the Buy Side Conference on June 2, 2021, at 4:30 PM ET. He will discuss Daxor's business model, growth strategy, and next-generation technology. The event will be virtual, allowing investors to register for attendance or request one-on-one meetings. The presentation will be available for live streaming and replay on Daxor's website.

Daxor Corporation (NYSE: DXR) reported a significant 61% increase in Q1 2021 revenue year-over-year, attributed to the easing of COVID restrictions. The company opened five new customer accounts utilizing its BVA-100 Blood Volume Analyzer and anticipates more acquisitions in Q3 2021, expanding its presence in major medical centers. Daxor is enhancing its sales team to support growth, with expectations to access over 70% of client hospitals by the end of Q2 2021. The company is also advancing next-generation diagnostic technologies that aim to improve patient outcomes and operational efficiency.

Daxor Corporation (NYSE: DXR) announces the start of a multi-center clinical trial with Veterans Affairs Medical Centers to assess Blood Volume Analysis (BVA) for managing acute decompensated heart failure (ADHF) using the BVA-100 blood test. The NIH intends to fund this landmark study, which aims to enhance treatment outcomes for over 6 million heart failure patients in the U.S. Previous data indicates that BVA-100 guided care could reduce patient mortality by over 82% and readmissions by 56%. The study is vital for validating Daxor's clinical guidance system and advancing heart failure management.