Commercial And Regulatory ProgressThe substantial potential of the SCD and early commercial and regulatory progress support a Buy rating for ICU.
Financial PerformanceSeaStar reported 2Q25 results with revenue of $338K, up 13.6% from the previous quarter, and a gross margin of 92.0%, which was above estimates.
Regulatory AchievementsThe FDA granted two new Breakthrough Device Designations for its Selective Cytopheretic Device (SCD) therapy.