Paragonix Technologies Inc., Announces Presentation of the Paragonix SherpaPak™ Cardiac Transport System at the 32nd Annual Meeting of the European Association for Cardio-Thoracic Surgery in Milan, 18-20 October 2018

Oct. 15, 2018 10:00 UTC

BRAINTREE, Mass.--(BUSINESS WIRE)-- Paragonix Technologies Inc. will present the Paragonix SherpaPak™ Cardiac Transport System product line at Booth E08 during the 32nd Annual Meeting of the European Association for Cardio-Thoracic Surgery (EACTS) held in Milan, Italy, from 18 to 20 October, 2018. The Paragonix SherpaPak™ CTS1,2 is intended for the transport of donor hearts destined for transplantation into a recipient patient. The device combines innovative cooling technology with safe, consistent methods for cold ischemic storage and transport of donor organs. Real-time reporting of preservation temperature allows for continuous monitoring of transport conditions of the donor heart; at completion of the transport, these data are downloaded to Bluetooth-enabled devices for record keeping and sharing among the transplant team.

Bill Edelman, Chairman & CEO, for Paragonix commented, “We are looking forward to discussing the Paragonix SherpaPak™ Cardiac Transport System with the clinical community during the EACTS Annual Meeting. With several European countries already using the device for donor heart transport, we are excited to share European and US clinical use experience and case studies at our booth.”

About the EACTS

The European Association for Cardio-Thoracic Surgery was founded in 1986 as a European organisation devoted to the practice of cardiothoracic surgery. Membership has now spread all over the world with 4000 active members including surgeons, perfusionists and allied health professionals. The EACTS Annual Meeting is the largest cardiothoracic meeting in the world focusing on scientific developments and research in the following specialities: Acquired Cardiac Disease, Congenital Heart Disease, Vascular Disease and Thoracic Disease. Now in its 32nd year, the 2018 Annual Meeting will be in Milan.

About the Paragonix SherpaPak™ and SherpaPerfusion™ Cardiac Transport System

Currently, the availability of cardiac transplantation is governed by the “ischemic time”, that being, the elapsed time from heart donation to recipient implantation. According to The International Society Of Heart and Lung Transplantation (“ISHLT”) guidelines3 for the care of heart transplant recipients, the projected ischemic time should not exceed 4 hours4,5, limiting the distance available to transport a donor heart. Paragonix SherpaPak Cardiac Transport System is fully disposable, eliminating problems associated with maintenance, device transport and contamination. The Paragonix SherpaPerfusion Cardiac Transport System combines innovative oxygenated perfusion of organs and safe organ storage with the ultimate goal of extending ischemic time to 12 hours, significantly altering the transportation range of donor hearts.

About the Cardiac Transplantation Market

Cardiac transplantation is considered the gold standard therapy for patients in end-stage heart failure6. With over 6.5 million Americans currently diagnosed with heart failure (HF)7, 10% of which are diagnosed with end-stage heart failure8, there is a persistent need to provide end-stage heart failure support to this expanding population. Estimates of the prevalence of symptomatic HF in the general European population are similar to those in the United States9. In 2017, over 2,000 donor hearts were transplanted in Europe10.

The annual US economic burden of treating heart failure exceeds $34.4 billion11, over 50% of which is due to the cost of hospitalization12. The financial demands associated with transplantation are considerable. The estimated first year costs for heart transplant are $997,700, and subsequent annual costs can easily exceed $30,00013. In the United States, around 30,000 people die annually from end-stage heart disease. As of February 2018, 3,990 patients in the United States are on the waiting list for a heart transplant14 and close to 4,000 patients in Europe are on the waiting list for a heart transplant every year15. In 2017, 3,244 patients in the United States16 and over 2,000 European patients received a live-saving heart transplant19. These data, however, only seem to represent the tip of the iceberg. Assuming that up to 157,000 people with end-stage heart failure are candidates for transplantation17, maximization of donor organ utilization has enormous potential in cardiac transplantation.

About Paragonix Technologies, Inc.

Based in Massachusetts and founded in 2010, Paragonix Technologies Inc., is a privately held medical device company innovating the Paragonix SherpaPak™ and SherpaPerfusion™ Cardiac Transport System, a novel, single-use organ preservation device to improve donor organ quality. Paragonix has established a pipeline of donor organ transport devices that address the current donor organ shortage by maximizing donor organ utilization, improving donor organ quality and extending donor organ transport throughout the entire United States.

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1 The SherpaPak™ Organ Transport product line is protected by patents, both issued and pending
2 The SherpaPak™ Organ Transport product line has received FDA 510(k) pre-market clearances and CE mark approval for both heart and kidney organ storage and transport
3 ISHLT Guidelines for the Care of Heart Transplant Recipients, Task Force 1: Peri-operative Care of the Heart Transplant Recipient (Aug. 4, 2010)
4 J Heart Lung Transplant 2001; 20(2):212.
5 J Am Coll Cardiol 2004; 43(9):1553-1561.

6 Datamonitor senior cardiovascular analyst Dr. Sergey Ishin. “Cardiac transplantation continues to be the gold standard for the treatment of end-stage heart failure. However, the number of potential transplants far exceeds the number of donors.” http://about.datamonitor.com/media/archives/314

7 http://newsroom.heart.org/news/latest-statistics-show-heart-failure-on-the-rise;-cardiovascular-diseases-remain-leading-killer

8 http://www.heart.org/HEARTORG/Conditions/HeartFailure/LivingWithHeartFailureAndAdvancedHF/Advanced-Heart-Failure_UCM_441925_Article.jsp#.WosY7GNLPjI

9 http://about.datamonitor.com/media/archives/314

10 http://www.transplant-observatory.org

11 Circulation 2011;123(8):933-944
12 Circulation 2007;115(5)

13 http://www.transplantliving.org

14 http://optn.transplant.hrsa.gov

15 https://ec.europa.eu/health/sites/health/files/blood_tissues_organs/docs/ev_20141126_factsfigures_en.pdf

16 https://unos.org/data/transplant-trends/#transplants_by_organ_type+year+2017

17 J Heart Lung Transplant 2011;30:1078-94

 

Contacts

Paragonix Technologies, Inc.
Bill Edelman, 781-436-0509 o/c
bill@paragonixtechnologies.com
www.paragonixtechnologies.com

 
 

Source: Paragonix Technologies, Inc.

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