InvestorsHub Logo
Followers 12
Posts 421
Boards Moderated 0
Alias Born 09/29/2010

Re: pharmeng post# 6983

Monday, 04/27/2015 11:16:43 PM

Monday, April 27, 2015 11:16:43 PM

Post# of 27410
At the Needham conference, Dr Chan talked about softer clinical endpoints such as less days on ventilator. So, it's just not iL-6 reduction. Don't overfocus, look at the big picture and intended purpose of the EAP which is to get a safe and effective potentially life saving product sooner on the market. The focus shifts to post-market data.

----------------------------

The CytoSorbents Needham presenation, slide 40:

"Advantages of EAP Designation

The first step is to submit an application to the FDA to request EAP Designation.

If successful, this has a number of advantages:

• CytoSorb® would be given priority status and be assigned an FDA case manager which would facilitate future discussions with the FDA

• Valid for both PMA and De Novo 510(k) paths

• Shifts Premarket data collection to the post-market setting with the appropriate safeguards for safety

• May allow for the potential acceptance of softer clinical endpoints to justify approval, in anticipation of more conclusive post-market data on endpoints such as mortality

• 30-day review of the application

This program is designed to facilitate early and faster US regulatory approval of
potentially life-saving medical devices. We believe this squarely applies to the core of
our critical care strategy at CytoSorbents. As we move forward with our cardiac
surgery trial, we plan to pursue this EAP opportunity in critical care applications and
foster open discussions and collaboration with the FDA."
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent CTSO News