Investor
Ideas #Podcast Corner - Chairman, CEO of Sigyn Therapeutics, Inc. (OTC: $SIGY)
Discusses Treatment of Life-Threatening Conditions Induced by #Cytokine Storm
Syndrome; @Sigyn_inc
Point Roberts WA, Delta BC, January 25, 2021 - Investorideas.com, a global
news source and leading retail investor and trader resource issues a new CEO
interview for the Podcast Corner. In
today’s special edition, Investor Ideas talks to Sigyn Therapeutics, Inc. (OTCMarkets: SIGY) Chairman and CEO, Jim Joyce.
Previously, Mr. Joyce was the founder and former Chairman and
CEO of Aethlon Medical, Inc. (NASDAQ:
AEMD)
Listen to today’s Podcast:
https://www.investorideas.com/Audio/Podcasts/2021/012021SIGY-CEO-Interview.mp3
Read this in full at https://www.investorideas.com/news/2021/biotech/01251Podcast-SIGY-CEO-Interview.asp
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Mr. Joyce discusses Sigyn
Therapeutics vision for addressing life-threatening inflammatory conditions
that are precipitated by Cytokine Storm Syndrome stating, “Cytokine Storm
Syndrome is a dis-regulated
immune response that results in the overproduction of inflammatory cytokines
that can induce organ failure and cause death.
It can be triggered by a wide range of infectious conditions and is a leading
cause of death related to severe COVID-19 infections. It also underlies sepsis, which is the number
one cause of in-hospital deaths worldwide and an annual market opportunity that
exceeds $20 billion.” Mr Joyce added
that: “Cytokine Storm Syndrome can also be triggered by non-infectious disease
conditions such as an adverse response to drug therapies including emerging
cancer immunotherapies.”
Mr. Joyce further
discussed how the limitations of single-target drugs have created an increased interest
in extracorporeal blood purification technologies that can address a
broad-spectrum of inflammatory targets, whereas anti-Cytokine drug agents are
limited to a single Cytokine target.
Continued: “We really see two pioneering devices
and they happen to be associated with public companies. One is the CytoSorb
device from CytoSorbents Corporation (NASDAQ:
CTSO) which has a market value of approximately $400 million. This
device is designed to reduce the presence of a broad-spectrum of inflammatory cytokines
from circulation.”
Continued: “The other device is the Toraymyxin
Device which is a product of Toray Industries, Inc. (3402.T) based in Japan. This is one of about several products from Toray
that drives a market value of about $10 billion. The Toraymyxin product eliminates
circulating endotoxins, which is a potent activator of the cytokine storm.”
Continued: “However, it does not address
inflammatory Cytokines. Inversely, CytoSorb addresses
inflammatory Cytokines but doesn't address endotoxin. So that's something we took into great
consideration when we designed Sigyn Therapy to simultaneously address inflammatory
Cytokines, endotoxin and much larger CytoVesicles that transport inflammatory
Cytokine cargos throughout the circulatory system (OTCMarkets: SIGY).”
Sigyn Therapeutics is a
development-stage therapeutic technology company headquartered in San Diego,
California, USA. Their focus is directed toward a significant unmet need in
global health; the treatment of life-threatening inflammatory conditions that
are precipitated by Cytokine Storm Syndrome. Their mission is to save lives.
Sigyn Therapy™ is a novel blood
purification technology designed to mitigate cytokine storm syndrome through
the broad-spectrum depletion of inflammatory targets from the bloodstream.
Cytokine storm syndrome is the hallmark of sepsis, which is the most common
cause of in-hospital deaths and claims more lives each year than all forms of
cancer combined. Virus induced cytokine storm (VICS) is associated with high
mortality and is a leading cause of SARS-CoV-2 (COVID-19) deaths. Other
therapeutic opportunities include, but are not limited to bacteria induced
cytokine storm (BICS), acute respiratory distress syndrome (ARDS) and acute
forms of liver failure, such as hepatic encephalopathy.
Joyce also discusses his previous leadership role at Aethlon
Medical, Inc. (NASDAQ:
AEMD) where he oversaw the development
of the Hemopurifier to treat life-threatening viral infections and address tumor-derived
exosomes in cancer patients as a great experience prior to founding Sigyn
Therapeutics, Inc.
To learn more, visit www.SigynTherapeutics.com or www.SigynTherapy.com
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