CytoSorbents Corporation (CTSO)

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CytoSorbents Awarded $719,000 Grant To Acutely Stabilize Severe Burn Patients

Aug 14, 2017 07:15:00 (ET)

MONMOUTH JUNCTION, N.J., Aug. 14, 2017 /PRNewswire/ -- CytoSorbents Corporation (NASDAQ: CTSO), a leader in critical care immunotherapy specializing in blood purification, announced that it has been awarded a grant from the U.S. Army Medical Research and Materiel Command to develop new blood purification therapies to acutely stabilize victims of severe burn injury. This work aligns with the Combat Casualty Care Research Program burn injury task area of the Forward Surgical En Route and Critical Care research portfolio. This grant provides for a maximum funding of $719,000 over four years. The Company will collaborate with leading burn researchers at the U.S. Army Institute of Surgical Research (USAISR) in San Antonio, Texas.

Dr. Phillip Chan, MD, PhD, Chief Executive Officer of CytoSorbents stated, "Severe burn injury, and the immense tissue destruction that it causes, can quickly lead to severe inflammation, dehydration, lung and kidney failure, infection and sepsis, and sudden cardiac arrest. These and other complications can be rapidly fatal, particularly in victims with delayed access to definitive care. With this funding support, we plan to develop new blood purification therapies that can be implemented immediately after injury to help control inflammation, enable swift fluid resuscitation, and reverse many of the metabolic and chemical derangements that are common in these patients. The goal is to stabilize the patient until they can be transported to a burn center or tertiary care hospital. This is particularly relevant in modern warfare, where conflicts are occurring in remote areas and immediate evacuation of the wounded is either difficult or impossible. We are proud to have a role in supporting the brave men and women in the Armed Forces who are protecting our country and our allies."

The U.S. Army Medical Research Acquisition Activity (USAMRAA), 820 Chandler Street, Fort Detrick MD 21702- 5014 is the awarding and administering acquisition office. This work is supported by the Office of the Assistant Secretary of Defense for Health Affairs, through the Broad Agency Announcement for Extramural Medical Research under Award No. W81XWH-17-2- 0013. Opinions, interpretations, conclusions and recommendations are those of the author and are not necessarily endorsed by the Department of Defense.