{"id":781250,"date":"2023-08-31T07:16:39","date_gmt":"2023-08-31T11:16:39","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/cytosorbents-granted-expanded-anvisa-registration-to-treat-shock-with-cytosorb-in-brazil\/"},"modified":"2023-08-31T07:16:39","modified_gmt":"2023-08-31T11:16:39","slug":"cytosorbents-granted-expanded-anvisa-registration-to-treat-shock-with-cytosorb-in-brazil","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cytosorbents-granted-expanded-anvisa-registration-to-treat-shock-with-cytosorb-in-brazil\/","title":{"rendered":"CytoSorbents Granted Expanded ANVISA Registration to Treat Shock with CytoSorb in Brazil"},"content":{"rendered":"

\nAdvances CytoSorb as a Potentially Revolutionary Therapeutic Advance to Reverse Deadly Shock in Critically Ill and Cardiac Surgery Patients
\n<\/h2>\n
\n

PRINCETON, N.J., Aug. 31, 2023 (GLOBE NEWSWIRE) — CytoSorbents Corporation (NASDAQ: CTSO), a critical care therapy leader commercializing its CytoSorb\u00ae blood purification technology to treat cytokine storm and deadly inflammation in critically-ill and cardiac surgery patients around the world, announced that CytoSorb\u00ae was granted an expanded medical device registration by the Brazilian Health Regulatory Agency (ANVISA) to treat shock.\u00a0 \u00a0<\/p>\n

After receiving its first ANVISA registration in September 2020 to treat cytokine storm in cardiac surgery and critical illnesses such as COVID-19 in the midst of the COVID pandemic, CytoSorb has now received an expanded ANVISA registration to also include the treatment of shock \u2013 a common and frequently fatal complication of critical illness and cardiac surgery. Shock is a persistent and rapid drop in blood pressure that deprives vital organs of adequate blood flow and oxygen that can lead to organ failure and death. To give an example of the burden of shock in critical care: Septic shock – the most serious form of sepsis, afflicts approximately one in ten patients in the ICU, where despite historical standard of care treatment which includes antibiotics, fluids, and vasopressors, approximately 40-50% will die. CytoSorb therapy helps to reverse shock, restore natural blood pressure, and stabilize the patient, representing a potentially revolutionary therapeutic advance in the treatment of this deadly condition.<\/p>\n

CytoSorb is now commercialized in Brazil through Fresenius Medical Care (FMC)<\/a> in the Critical Care segment, and by Contatti Medical<\/a> in the field of Cardiac Surgery. Brazil is the 7th<\/sup> most populous country in the world and Latin America\u2019s largest medical device market.<\/p>\n

Mr. Alexandre Franco, Marketing Director of FMC Brazil, stated, \u201cFresenius Brazil is very proud of the registration approval of CytoSorb by ANVISA, which will help anchor our Critical Care portfolio.\u00a0\u00a0 The use of CytoSorb, combined with other innovations we have implemented in recent years, will provide us with increasingly complete solutions in the care of severely ill patients.\u201d<\/p>\n

Mr. Mateus Biazus, Head of Marketing and Sales of Contatti Medical added, \u201cThere are around 60,000 cardiac surgeries per year in Brazil where surgeons may have to deal with the consequences of an overshooting inflammatory response, especially in complex and emergency procedures. Thanks to the ANVISA approval of CytoSorb, Contatti is able to offer a solution to this problem, contributing to the improvement of patient outcomes.\u201d<\/p>\n

Dr. Phillip Chan, Chief Executive Officer of CytoSorbents stated, \u201cCytoSorb is used across the world in different clinical fields and can be integrated into various extracorporeal platforms to treat life-threatening conditions. We are pleased to commercialize CytoSorb in Brazil under this expanded registration through our partners FMC and Contatti Medical, both well-established and connected experts in their respective clinical fields.\u00a0\u00a0 Importantly, we plan to build upon the momentum of CytoSorb usage during the pandemic in Brazil, and a long track record of reversing shock in patients worldwide, to make CytoSorb broadly available to help save patient lives throughout the country.\u201d<\/p>\n

\n About CytoSorbents Corporation (NASDAQ: CTSO<\/strong>
\n ) <\/strong>\n <\/p>\n

\n CytoSorbents Corporation<\/a> is a leader in the treatment of life-threatening conditions in the intensive care unit and in cardiac surgery through blood purification. Its flagship product, CytoSorb\u00ae<\/a>, is approved in the European Union, distributed in 75 countries worldwide, and has accumulated more than 212,000 human treatments to date, to reduce \u201ccytokine storm\u201d and other toxins that can cause organ failure. The DrugSorb\u2122-ATR antithrombotic removal system, based on the same polymer technology as CytoSorb, has received two U.S. FDA Breakthrough Device Designations<\/a> to remove two separate blood thinners during cardiothoracic surgery, including ticagrelor<\/a> and the direct oral anticoagulants (DOAC) apixaban and rivaroxaban<\/a>, and is undergoing pivotal clinical studies.\u00a0\u00a0 For more information, please visit the Company\u2019s websites at\u00a0www.cytosorbents.com<\/a>\u00a0and\u00a0www.cytosorb.com<\/a>\u00a0or follow us on\u00a0Facebook<\/a>\u00a0and\u00a0Twitter<\/a>.\u00a0<\/p>\n

\n Forward-Looking Statements<\/strong>\n <\/p>\n

This press release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements about our plans, objectives, future targets and outlooks for our business, statements about potential exposures resulting from our cash positions, representations and contentions, and are not historical facts and typically are identified by use of terms such as \u201cmay,\u201d \u201cshould,\u201d \u201ccould,\u201d \u201cexpect,\u201d \u201cplan,\u201d \u201canticipate,\u201d \u201cbelieve,\u201d \u201cestimate,\u201d \u201cpredict,\u201d \u201cpotential,\u201d \u201ccontinue\u201d and similar words, although some forward-looking statements are expressed differently. You should be aware that the forward-looking statements in this press release represent management\u2019s current judgment and expectations, but our actual results, events and performance could differ materially from those in the forward-looking statements. Factors which could cause or contribute to such differences include, but are not limited to, the risks discussed in our Annual Report on Form 10-K, filed with the SEC on March 9, 2023, as updated by the risks reported in our Quarterly Reports on Form 10-Q, and in the press releases and other communications to shareholders issued by us from time to time which attempt to advise interested parties of the risks and factors which may affect our business. We caution you not to place undue reliance upon any such forward-looking statements. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, other than as required under the Federal securities laws.<\/p>\n

\n CytoSorbents Contact:<\/strong>\n <\/p>\n

Kathleen Bloch
(732) 398-5429
kbloch@cytosorbents.com<\/a><\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

Advances CytoSorb as a Potentially Revolutionary Therapeutic Advance to Reverse Deadly Shock in Critically Ill and Cardiac Surgery Patients PRINCETON, N.J., Aug. 31, 2023 (GLOBE NEWSWIRE) — CytoSorbents Corporation (NASDAQ: CTSO), a critical care therapy leader commercializing its CytoSorb\u00ae blood purification technology to treat cytokine storm and deadly inflammation in critically-ill and cardiac surgery patients around the world, announced that CytoSorb\u00ae was granted an expanded medical device registration by the Brazilian Health Regulatory Agency (ANVISA) to treat shock.\u00a0 \u00a0 After receiving its first ANVISA registration in September 2020 to treat cytokine storm in cardiac surgery and critical illnesses such as COVID-19 in the midst of the COVID pandemic, CytoSorb has now received an expanded ANVISA registration to also include the … <\/p>\n

Continue reading “CytoSorbents Granted Expanded ANVISA Registration to Treat Shock with CytoSorb in Brazil”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-781250","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nCytoSorbents Granted Expanded ANVISA Registration to Treat Shock with CytoSorb in Brazil - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cytosorbents-granted-expanded-anvisa-registration-to-treat-shock-with-cytosorb-in-brazil\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CytoSorbents Granted Expanded ANVISA Registration to Treat Shock with CytoSorb in Brazil - 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