BrainCool AB (Publ) – News update regarding Cooral in the US
Below is attached a press release that was distributed today in the US, with the aim of launching a news and media campaign to raise awareness of the problem of Oral Mukositis (OM) and the possibilities to prevent this very painful healthcare problem with cooling and the product Cooral®System.
The information that the study has been fully recruited has already been presented to the stock market (Spotlight markets) from a regulatory perspective.
The status of the OM project is that when the analysis of the study is complete, it will be submitted for presentation at a leading cancer meeting. The study results and information are on embargo, and will only be published for the stock market after the scientific presentation in the usual order.
However, the study results will be presented to the US regulatory authority (FDA) and the Japanese counterpart (PMDA) earlier under confidentiality; this is to facilitate the respective market approval.
FOR IMMEDIATE RELEASE
Files for Download:
Product Images: https://bit.ly/2UKgfoL
Studies: http://cooral.eu/clinical-om/#
Oral Mucositis Background: http://cooral.eu/the-pathobiology-2/
BrainCool Ab (publ) Completes Patient Recruitment in a Scandinavian
Pivotal Trial for FDA Clearance of Oral Mucositis Treatment in the United States
Cooral® System on Track with U.S. De Novo 510 k Process for Market Registration in the U.S.
Intra-Oral Cooling Device is Tested in 180 Patients to Eliminate Oral Mucositis (OM), One of the Severest Side-Effects of Radiology and Chemotherapy for Blood, Bone or Solid Tumor Cancer Treatment
LUND, Sweden—February 11, 2020—BrainCool AB, a Swedish medical device innovator, and a world leader in medical cooling technology for therapeutic hypothermia (brain cooling) and oncology, is pleased to announce that it has completed patient recruitment in the Scandinavian multi-center pivotal trial of 180 patients to investigate the patented Cooral® System for prevention of Oral Mucositis (OM), one of the most debilitating side-effects of both standard and high-dose chemotherapeutic oncology treatments.
In the United States (U.S.), BrainCool is conducting a De Novo 510 k regulatory process, with the aim of obtaining product and market clearance for the Cooral® System in the U.S. by the Food and Drug Administration (FDA). The De Novo process was introduced by the FDA for instances where a device is novel and there is therefore no suitable predicate device to support a standard 510(k) submission. To qualify for the De Novo pathway, the new device must also present no more than moderate risk.
BrainCool has been granted FDA “Expedited Access Pathway” (EAP) status and will be given priority review for the Cooral® System. EAP projects address unmet medical needs for life threatening or irreversibly debilitating diseases or conditions that are subject to premarket approval applications (PMA), or are eligible for de novo requests.
"With full patient recruitment for our pivotal trial, we are opening an important new door in cancer care and treatment,” said Martin Waleij, CEO BrainCool AB. “Conclusive validation that cryotherapeutic intervention with the Cooral® System can safely and effectively prevent the excruciating side-effects of oral mucositis is not just a major medical milestone, it’s actually a matter of life and death.”
The Cooral® System intra-oral cooling device includes a disposable and thermostatically controlled mouthpiece that fills with a hypothermic liquid, which circulates through the system’s channels. As the coolant gradually reaches and maintains a consistently controlled temperature, the system reduces blood flow and exposure of tissue to radiation or chemotherapeutic agents, thus preventing adverse mucosal erythema and ulcerative reactions.
Details of the Clinical Study and the Expedited Access Pathway (EAP)
The Nordic clinical trial of 180 patients has been selected by the U.S. FDA as part of the De Novo 510 process for obtaining market clearance in the U.S. Patients have been recruited over a period of two years across five important medical centers, including the lead site, Karolinska Universitetsjukhuset in Stockholm, Sweden.
Clinical data from the Nordic trial will be applicable for FDA submission. BrainCool is currently working on a module-based application wherein the first two modules contain quality routines for product development and manufacturing. The third and final module will contain clinical data from the completed Pivotal trial and will be submitted as soon as the results are available. Thereafter FDA will review the documentation and decide on a product and market approval.
About Oral Mucositis (OM)
Oral Mucositis significantly affects the quality of life for cancer patients in terms of pain, ability to eat, swallow and talk. The symptoms are often of such severity that they result in an interruption and curtailment of therapy. OM can also lead to dose reduction of the cancer therapy and treatment delays. In many cases these patients require hospitalization. OM has a direct and significant effect on the duration of disease remission and cure rates due to its dose-limiting toxicity. In some cases, risk for infection threatens survival, and there is a significant impact on quality of life and cost of care. The presence of OM is a major driver of health-care cost. Read more: http://cooral.eu/the-pathobiology/.
About BrainCool AB (publ)
Based in Lund, Sweden, Europe, BrainCool AB (publ) (Spotlight markets BRAIN) is a publicly traded medical device company focused on next-generation temperature management systems. The company has two business units, braincooling, with the two CE marked products BrainCool System and RhinoChill, and in oncology with the Cooral® System. BrainCool, Inc, the U.S. subsidiary of BrainCool AB, is based in Annapolis Maryland. The IQool® System, which received FDA 510(k) Clearance in 2018, was the first BrainCool product to be marketed in the United States.
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For more information
Martin Waleij - CEO
+46 - 733 -93 70 76
E-mail: martin.waleij@braincool.se
About BrainCool AB (publ)
BrainCool AB (publ) is an innovative medical device company that develops, markets, and sells leading medical cooling systems for indications and areas with significant medical benefits within the healthcare sector. The company focuses on two business segments, Brain Cooling and Pain Management. BrainCool AB (publ) is based in Lund, Sweden, and its share is listed on Spotlight Stock Market.