Most severe form of immediate hypersensitivity = medical emergency, Most common causes: peanuts, shellfish, penicillin, bee stings, The reaction is systemic (due to widespread mast cell degranulation), Main features: Myocardial effects incl. arrhythmias & ventricular function, Massive fluid shift, due to increased vascular permeability, Tissue (including pulmonary) edema, Laryngeal edema may cause asphyxiation, Hypotension, Severe bronchospasm and mucus plugging