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Daxor Announces Duke University Study on Blood Volume Analysis in Heart Failure Published in American Heart Journal
GlobeNewswire News Room· 2025-05-14 12:00
Core Insights - Daxor Corporation has announced significant findings from Duke University Medical Center regarding the effectiveness of Blood Volume Analysis (BVA) in identifying anemia types in heart failure patients [1][3] - The study emphasizes that standard blood tests are insufficient for accurately diagnosing anemia, highlighting the need for BVA in clinical practice [2][3] Company Overview - Daxor Corporation is a leader in blood volume measurement technology, with its BVA-100® being the only FDA-cleared diagnostic test for quantifying blood volume status [4] - The company has conducted over 70,000 tests across leading hospitals in the U.S., contributing to improved patient outcomes in heart failure and critical care [4] Research Findings - The study revealed that among heart failure patients diagnosed with anemia, 60% had true anemia while 40% had dilutional pseudo-anemia, indicating a critical distinction in treatment needs [6] - Patients with dilutional pseudo-anemia experienced higher hospitalization rates compared to those with no anemia or true anemia, underscoring the importance of accurate anemia classification [6] - Heart failure patients with true anemia or RBCM deficit showed poorer exercise capacity, linking anemia type to patient outcomes [6]
Daxor Corporation to Exhibit at the 45th International Society for Heart and Lung Transplant (ISHLT) Annual Meeting and Scientific Sessions
Newsfilter· 2025-04-22 12:00
Core Insights - Daxor Corporation will showcase its advanced blood volume analysis technology at the 45th International Society for Heart and Lung Transplantation Annual Meeting, which will take place from April 27-30, 2025, in Boston, MA, attracting around 3,500 specialists in heart and lung disease treatment [1][2] Company Overview - Daxor Corporation is recognized as the global leader in blood volume measurement technology, having developed the BVA-100® (Blood Volume Analyzer), the only FDA-cleared diagnostic blood test for quantifying blood volume status and composition [3] - Over 65,000 tests have been conducted at leading hospitals in the U.S., significantly improving hospital performance metrics and reducing mortality and readmissions in heart failure and critical care [3] - The company is engaged in ongoing trials for heart failure treatment with support from the NIH and is also developing analyzers for combat casualty care in collaboration with the U.S. Department of Defense [3] Technology and Impact - Daxor's diagnostic technology provides 98% accurate data, facilitating personalized treatment for end-stage heart and lung patients, which enhances patient outcomes while lowering care duration and costs [2]
Daxor Corporation to Showcase Innovative Blood Volume Analysis at MedAxiom Cardiovascular Transforum Spring 2025
Newsfilter· 2025-04-17 12:00
Core Insights - WellStar Health System's Advanced Heart Failure program has successfully reduced acute kidney injury rates following left ventricular assist device implantation through a blood volume analysis (BVA) approach [2] - Daxor Corporation will showcase its BVA technology at the MedAxiom CV Transforum Spring'25 Conference, emphasizing its role in improving patient outcomes [1][3] - BVA-guided care has demonstrated significant improvements in patient outcomes, including an 82% reduction in 30-day mortality, an 86% reduction in 1-year mortality, a 56% reduction in 30-day readmissions, and a 55% reduction in length of stay when implemented at admission [4] Company Overview - Daxor Corporation is a leader in blood volume measurement technology, known for its BVA-100® (Blood Volume Analyzer), which is FDA-cleared for accurate quantification of blood volume status [5] - Over 65,000 BVA tests have been conducted in leading U.S. hospitals, contributing to improved performance metrics in various medical conditions, particularly in heart failure and critical care [5] - Daxor is involved in ongoing trials for heart failure treatment with support from the NIH and is developing analyzers for combat casualty care in collaboration with the U.S. Department of Defense [5] Industry Context - MedAxiom serves as a premier source for organizational performance solutions in the cardiovascular community, aiming to enhance outcomes, reduce costs, and improve patient and clinician experiences [6] - The MedAxiom CV Transforum conference brings together cardiovascular thought leaders and industry innovators to advance cardiovascular care [1][6]
Daxor Corporation CEO and President Michael Feldschuh Provides Corporate Update in Letter to Shareholders
Globenewswire· 2025-03-04 13:05
Core Insights - Daxor Corporation is focused on advancing healthcare through blood volume measurement technology, aiming to improve patient outcomes and reduce costs for healthcare systems [2][13] - The company reported significant growth in revenue and customer acquisition, with a 116.5% year-on-year revenue increase for 2024 and over 100% growth in the first two months of 2025 [4][5] - Daxor's next-generation blood volume analyzer is under FDA review and is expected to enhance the speed and accuracy of fluid management in clinical settings [6][7][8] Financial Performance - As of December 31, 2024, Daxor's net assets increased to $36.79 million, up from $34.01 million in 2023, primarily due to the appreciation of the operating division [3] - The operating division achieved cash-flow break-even in Q1 2025, excluding stock-based compensation and other non-cash expenses [4] - The company reported net dividend income of $104,115 and net realized gains of $1.36 million for the year ended December 31, 2024 [3] Product Development and Innovation - Daxor's next-generation blood volume analyzer is validated to provide results in as little as 15 minutes, significantly improving the speed of diagnosis [7] - The company plans to acquire exclusive rights to manufacture additional diagnostic products, which are expected to be cash flow positive and enhance profit margins [9] - Ongoing research and clinical studies have demonstrated the effectiveness of Daxor's blood volume analysis in various medical conditions, including heart failure [12] Strategic Partnerships and Contracts - Daxor has secured contracts with the Department of Defense and received NIH grants totaling over $350,000, supporting its research and development efforts [11] - The company has signed multiple new accounts and is expanding its customer base through strategic agreements and product offerings [4][11] Market Position and Future Outlook - Daxor is positioned as a leader in blood volume measurement technology, with a focus on non-invasive and accurate diagnostic solutions [16] - The company anticipates significant interest in its next-generation systems upon FDA approval, which will likely drive further adoption in both hospital and outpatient settings [8] - Daxor aims to enhance its operational designation and increase its market presence by leveraging its growing product portfolio and clinical evidence [14]