Luna Innovations and Hansen Medical Expand Development Work
19 Maio 2011 - 10:39AM
Business Wire
Luna Innovations Incorporated (NASDAQ: LUNA) announced today
that it will expand its product development efforts under its
development and supply agreement with Hansen Medical, Inc., to
continue integrating Luna’s shape sensing technology into Hansen’s
medical robotic products.
In December 2009, Luna and Hansen entered into a multi-year
development and supply agreement in which Luna would supply and
license its fiber optic shape sensing technology for integration
into Hansen’s medical devices. Hansen, a global leader in flexible
robotics, develops products and technology using robotics for the
accurate positioning, manipulation and control of catheters and
catheter based technologies. Luna and Hansen are amending the
agreement to increase the development budget and expand the scope
of the development work.
"The expansion of our agreement with Hansen reflects our
continued dedication and focus on developing our shape sensing
technology to enhance medical procedures,” said My Chung, president
and chief executive officer of Luna Innovations. “We remain
committed to achieving the best outcome for patients and strive to
deliver solutions and enhance medical procedures that help save
lives.”
“This expanded agreement is further evidence of both Hansen
Medical’s and Luna’s interest in advancing medical robotic
technology,” said Bruce Barclay, president and chief executive
officer of Hansen Medical. “We continue to view Luna as a leader in
advanced shape sensing and position tracking systems. We believe
that our continued relationship has the potential to optimize
robotically assisted medical procedures and positively impact
patient lives.”
Luna’s shape sensing and localization technology can provide
real-time position measurements to help surgeons navigate through
the body. The sensing system consists of software, instrumentation
and disposable optical sensing fiber. Luna’s technology, originally
developed at NASA, is unique and designed to provide the user with
an accurate, direct and continuous measurement of device location
with no adverse effect from line of sight limitations and without
introducing electrical signals or radiation into the body.
About Luna Innovations:
Luna Innovations Incorporated (www.lunainnovations.com) is
focused on sensing and instrumentation. Luna develops and
manufactures new-generation products for the healthcare,
telecommunications, energy and defense markets. The company's
products are used to measure, monitor, protect and improve critical
processes in the markets we serve. Through its disciplined
commercialization business model, Luna has become a recognized
leader in transitioning science to solutions. Luna is headquartered
in Roanoke, Virginia.
Forward-Looking Statements:
This release includes information that constitutes
"forward-looking statements" made pursuant to the safe harbor
provision of the Private Securities Litigation Reform Act of 1995,
including statements regarding, but not limited to the potential of
Luna's technology and intellectual property, any possible
improvements to medical surgeries and/or medical outcomes, and the
future relationship between Luna and Hansen and incorporation of
Luna's technology into Hansen’s products. Statements that describe
Luna's business strategy, goals, prospects, opportunities, outlook,
plans or intentions are also forward-looking statements. Actual
results may differ materially from the expectations expressed in
such forward-looking statements as a result of various factors,
including technical and scientific difficulties, complications or
difficulties in improving medical surgeries and/or outcomes, market
forces in the medical industry, and issues that might arise in any
particular business relationship, and risks and uncertainties set
forth in the company's periodic reports and other filings with the
Securities and Exchange Commission. Such filings are available at
the SEC's website at www.sec.gov, and at the company's website
at www.lunainnovations.com. The statements made in this release are
based on information available to the company as of the date of
this release and Luna Innovations undertakes no obligation to
update any of the forward-looking statements after the date of this
release.
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