SeaStar Medical Q2 revenue jumps 82% on QUELIMMUNE demand
ICU•Outlook
SeaStar Medical said it sees continued QUELIMMUNE revenue growth and potential in the larger adult AKI market.
Loss widens as expenses increase
The company said its second-quarter net loss widened year over year, with higher research and development and administrative expenses.
SeaStar Medical said higher R&D expenses were primarily driven by increased clinical trial expenses and personnel costs.
Q2 revenue rises on QUELIMMUNE demand
SeaStar Medical said second-quarter net revenue rose 82% year over year on increased demand for QUELIMMUNE.
The US organ failure therapy firm said the revenue growth was driven by the addition of three top-rated children's hospitals and increased customer orders.
Trial progress and billing code updates
SeaStar Medical said it advanced enrollment in its adult acute kidney injury, or AKI, trial and expects to complete NEUTRALIZE-AKI enrollment around year end or into Q1 2027.
The company also said it obtained new ICD-10-PCS codes for sickle cell disease, or SCD, therapies, including QUELIMMUNE. It said the new codes take effect October 1, 2026.
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