Daxor Announces Prospective Randomized Control Trial at Duke University Medical Center to Guide Volume Treatment in Heart Failure Patients

Daxor Corporation (NYSE MKT: DXR), an investment company with innovative medical instrumentation and biotechnology operations focused on blood volume measurement, today announced the initiation of a prospective randomized control trial (RTC) utilizing Daxor’s BVA-100 (Blood Volume Analyzer, “BVA”) technology to guide volume treatment in heart failure patients. Duke University Medical Center has begun enrolling patients under the leadership of Marat Fudim, MD, MHS and G. Michael Felker, MD, MHS.

“This study builds upon existing evidence showing that Daxor’s direct blood volume measurement has significant clinical and economic benefits for patients and hospitals and is part of Daxor’s portfolio of active research partnerships further driving BVA adoption at major hospital centers,” said Michael Feldschuh, CEO and President of Daxor Corporation. “The BVA blood test provides clinicians with precise intravascular volume measures to guide individualized fluid therapy to achieve better outcomes. The BVA test is reimbursed by both Medicare and most private insurers so hospitals can realize significant financial gains along with improvements in their quality metrics. We are excited to partner with Duke University Medical Center, and Dr. Fudim, who has previously published on the clinical utility of BVA in the assessment of heart failure and hypertension.”

Dr. Fudim commented, “Volume management is key to the successful management of heart failure and we are excited to study the utility of BVA in the setting of acute heart failure.”

This study follows Daxor’s recent announcement of the initiation of a first-of-its-kind prospective multicenter BVA trial in hospitalized COVID-19 patients. Both trials highlight that volume derangements are common in a diverse set of medical conditions and are designed to add to the scientific body of evidence which has demonstrated the impact of Daxor’s BVA test on improved patient care and outcomes.

Daxor’s BVA test has been associated with a reduction in heart failure 30-day mortality by 82%, 30-day readmissions by 56%, and 1-year mortality by 86% in a peer-reviewed study published in December 2018 in the Journal of the American College of Cardiology – Heart Failure titled “Heart Failure Outcomes With Volume Guided Management.”