Fresenius Medical Care Brings Industry-Leading Dialysis Therapy to Kidney Disease Patients in the U.S., demonstrating Global Leadership in Medical Device and Membrane Engineering Technologies

Rhea-AI Summary

Fresenius Medical Care (FME) has received FDA 510(k) clearance for its 5008X Hemodialysis System, allowing the company to offer high-volume hemodiafiltration therapy in the U.S. The system is expected to be launched in 2025, aiming to bring a new standard of care in dialysis therapy to the U.S. market. The groundbreaking CONVINCE study showed a 23% decrease in mortality rates for patients treated with high-volume hemodiafiltration compared to high-flux hemodialysis. The company's global innovation leadership in medical device and membrane engineering technologies is highlighted.

Positive

• FDA 510(k) clearance for 5008X Hemodialysis System
• Planned broad commercial launch in 2025
• CONVINCE study showed 23% decrease in mortality rates with high-volume hemodiafiltration
• Global innovation leadership in medical device and membrane engineering technologies

Negative

• None.

Medical Research Analyst

The FDA 510(k) clearance of Fresenius Medical Care's 5008X Hemodialysis System marks a significant development in the provision of renal care in the U.S. The introduction of high-volume hemodiafiltration (Hv-HDF) is poised to elevate the standard of care for patients with kidney diseases. The CONVINCE study, which showed a 23% reduction in mortality rates with Hv-HDF compared to high-flux hemodialysis, underscores the potential for improved patient outcomes. The clinical and user studies preceding the 2025 commercial launch will be crucial in establishing the efficacy and safety of the system within the U.S. healthcare environment.

From a medical research perspective, it will be essential to monitor how the adoption of the 5008X system aligns with current clinical practice guidelines and its impact on the long-term management of chronic kidney disease (CKD). The integration of this advanced therapy could also influence future research directions and the development of best practices in nephrology.

Market Research Analyst

The clearance for Fresenius Medical Care's 5008X Hemodialysis System represents a notable strategic advancement in the U.S. dialysis market. As the U.S. has an estimated 160,000 in-center hemodialysis machines, the potential market for the 5008X system is substantial. Adoption rates will depend on factors such as cost-effectiveness, reimbursement policies and the system's integration with existing healthcare infrastructure.

It is also important to consider the competitive landscape and how Fresenius Medical Care's innovation may pressure competitors to accelerate their own R&D efforts. The anticipated broad market launch in 2025 will likely stimulate market dynamics, potentially leading to shifts in market shares among renal care providers.

Financial Analyst

Fresenius Medical Care's FDA clearance for the 5008X Hemodialysis System could have a material impact on the company's financial performance. Investors will monitor the company's ability to capitalize on this regulatory milestone through successful clinical evaluations and market penetration. The system's introduction aligns with a growing demand for advanced renal care solutions and could provide a new revenue stream for the company.

Financially, the key metrics to watch include the cost of the clinical evaluations, the investment in production and marketing for the commercial launch and the subsequent adoption rate post-2025. The 23% decrease in mortality rates demonstrated by the CONVINCE study may also influence healthcare providers' purchasing decisions, potentially leading to a faster return on investment for Fresenius Medical Care.

• Fresenius Medical Care (FME) receives U.S. Food and Drug Administration (FDA) 510(k) clearance of the company's 5008X Hemodialysis System.
  
  
• This will enable Fresenius Medical Care to offer the industry-leading, high-volume hemodiafiltration (Hv-HDF) dialysis therapy – already widely used in Europe – for people living with kidney diseases in the U.S.
  
  
• The 510(k) clearance allows the start of clinical evaluations and user-studies in the U.S., with a planned broad commercial launch of the 5008X Hemodialysis System in 2025.
  
  
• The 5008X Hemodialysis System and companion FX CorAL dialyzer demonstrate the company's global innovation leadership in medical device and membrane engineering technologies.

BAD HOMBURG, Germany, Feb. 8, 2024 /PRNewswire/ -- Fresenius Medical Care (FME), the world's leading provider of products and services for individuals with renal diseases, today announced the company has received U.S. Food and Drug Administration (FDA) 510(k) clearance for the company's 5008X Hemodialysis System. Now the company wants to bring a new standard of care in dialysis therapy to people living with kidney diseases in the U.S.

"Making new and innovative therapies available to patients is core to our goal of improving the lives of people living with kidney diseases," says Helen Giza, CEO for Fresenius Medical Care AG. "The 5008X Hemodialysis System demonstrates our company's ability to innovate at scale. This innovation builds on the proven track record of our hemodialysis system series in Europe, Latin America and Asia Pacific." Helen Giza says: "We're pleased to achieve this important milestone to bring a new standard of care in dialysis therapy to one of the world's largest healthcare markets, where there is significant opportunity to make meaningful impact."

Dialysis is a life-saving treatment for people whose kidneys are failing and who can no longer naturally filter their blood in order to remove excess water, solutes, and toxins from the body. Unlike conventional high-flux hemodialysis, which primarily employs diffusion to remove small molecules and fluid from the blood, high-volume hemodiafiltration incorporates both diffusion and convection techniques to eliminate larger molecules and effectively manage fluid replacement through convection.

The results of the recently published groundbreaking CONVINCE* study demonstrated that patients treated with high-volume hemodiafiltration experienced a remarkable 23% decrease in mortality rates compared to those treated with the more commonly used high-flux hemodialysis. This study was a multinational research study that compared these two types of hemodialysis techniques. It was a three-year trial performed at 61 dialysis centers in eight European countries.

Cleared for the start of U.S.-based clinical evaluations and user studies ahead of a planned broad market launch in 2025, the 5008X Hemodialysis System is one of Fresenius Medical Care's latest medical device innovations, capable of providing industry-leading, high-volume hemodiafiltration dialysis therapy. Along with the companion FX CorAL dialyzer - already registered in the U.S. -, the 5008X Hemodialysis System combines the latest device engineering and cutting-edge membrane technologies required to make high-volume hemodiafiltration possible.  

In the U.S. there is currently an estimated installed base of around 160.000 in-center hemodialysis machines across all service providers that could be replaced to adapt this new standard of care.

About Fresenius Medical Care:
Fresenius Medical Care is the world's leading provider of products and services for individuals with renal diseases of which around 3.9 million patients worldwide regularly undergo dialysis treatment. Through its network of 4,050 dialysis clinics, Fresenius Medical Care provides dialysis treatments for approximately 344,000 patients around the globe and is the leading provider of dialysis products such as dialysis machines and dialyzers. Fresenius Medical Care is listed on the Frankfurt Stock Exchange (FME) and on the New York Stock Exchange (FMS).

For more information visit the company's website at www.freseniusmedicalcare.com.

*Funded by the European Union, conducted by the CONVINCE consortium, and led by the University Medical Center Utrecht, the international, randomized controlled CONVINCE trial marked a crucial milestone in comparing high-volume hemodiafiltration with standard, high-flux hemodialysis.

The information in this document is provided as is and no guarantee or warranty is given that the information is fit for any particular purpose. The user thereof uses the information at its sole risk and liability. The opinions expressed in the document are of the authors only and in no way reflect the European Commission's opinions.

The CONVINCE study was exclusively supported by the European Commission Research & Innovation, Horizon 2020, Call H2020-SC1-2016-2017 under the topic SC1-PM-10-2017: Comparing the effectiveness of existing healthcare interventions in the adult population (grant no 754803).

Disclaimer:
This release contains forward-looking statements that are subject to various risks and uncertainties. Actual results could differ materially from those described in these forward-looking statements due to various factors, including, but not limited to, changes in business, economic and competitive conditions, legal changes, regulatory approvals, impacts related to the COVID-19 pandemic results of clinical studies, foreign exchange rate fluctuations, uncertainties in litigation or investigative proceedings, and the availability of financing. These and other risks and uncertainties are detailed in Fresenius Medical Care's reports filed with the U.S. Securities and Exchange Commission. Fresenius Medical Care does not undertake any responsibility to update the forward-looking statements in this release.

Media contact
Christine Peters 
T +49 160 60 66 770
christine.peters@freseniusmedicalcare.com

Emanuela Cariolagian
T +1 213 706 0051
emanuela.cariolagian1@freseniusmedicalcare.com

Contact for analysts and investors
Ilia Kürten
T +49 6172 268 59 66 ilia.kuerten@freseniusmedicalcare.com

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SOURCE Fresenius Medical Care Holdings, Inc.

FAQ

What is the significance of the FDA 510(k) clearance for Fresenius Medical Care (FME) and its 5008X Hemodialysis System?

The FDA 510(k) clearance allows the company to offer high-volume hemodiafiltration therapy in the U.S., aiming to bring a new standard of care in dialysis therapy to the U.S. market.

What is the expected timeline for the broad commercial launch of the 5008X Hemodialysis System?

The system is planned to be launched in 2025.

What were the findings of the CONVINCE study related to high-volume hemodiafiltration?

The study showed a 23% decrease in mortality rates for patients treated with high-volume hemodiafiltration compared to high-flux hemodialysis.

What does the PR highlight about Fresenius Medical Care (FME)'s innovation leadership?

The PR highlights the company's global innovation leadership in medical device and membrane engineering technologies.