Autonomix Medical, Inc. Finalizes Design of ASIC Microchip for Sensing Technology Catheter for Use in Humans, Continuing Progress Toward a U.S. Pivotal Trial in 2025
17 Janeiro 2025 - 10:00AM
Autonomix Medical, Inc. (NASDAQ: AMIX) (“Autonomix” or the
“Company”), a medical device company focused on advancing
innovative technologies to revolutionize how diseases involving the
nervous system are diagnosed and treated, today announced it has
finalized the design, achieving “design lock”, for its Application
Specific Integrated Circuits (ASIC) microchip following the
successful completion of in vivo preclinical testing and extensive
bench testing, continuing progress toward its U.S. pivotal trial.
“This design lock represents a significant
milestone in the advancement of our innovative technology, placing
us another step closer to commencing a pivotal clinical trial in
the United States, planned in 2025. The ASIC microchip is at the
core of our intellectual property portfolio and enables and
differentiates our ability to sense the small amplitude of nerve
signals through the vasculature. These continued technical
achievements should enable us to support a labeling indication to
commercialize the Autonomix Sensing and RF Ablation System in the
United States as a treatment for pancreatic cancer pain,” commented
Brad Hauser, CEO of Autonomix.
Mr. Hauser added, “Pain has a significant impact
on the lives of patients with pancreatic cancer and there continues
to be a much-needed shift in the treatment paradigm for pancreatic
cancer patients. Our technology has continued to demonstrate the
potential to address this unmet need and offer a reduction of pain
and improvement in quality of life for these patients.”
About Autonomix Medical,
Inc.
Autonomix is a medical device company focused on
advancing innovative technologies to revolutionize how diseases
involving the nervous system are diagnosed and treated. The
Company’s first-in-class platform system technology includes a
catheter-based microchip sensing array that may have the ability to
detect and differentiate neural signals with approximately 3,000
times greater sensitivity than currently available technologies. We
believe this will enable, for the first time ever, transvascular
diagnosis and treatment of diseases involving the peripheral
nervous system virtually anywhere in the body.
We are initially developing this technology for
the treatment of pain, with initial trials focused on pancreatic
cancer, a condition that causes debilitating pain and is without a
reliable solution. Our technology constitutes a platform to address
dozens of potential indications, including cardiology, hypertension
and chronic pain management, across a wide disease spectrum. Our
technology is investigational and has not yet been cleared for
marketing in the United States.
For more information, visit autonomix.com and
connect with the Company on X, LinkedIn, Instagram and
Facebook.
Forward Looking Statements
Some of the statements in this release are
“forward-looking statements,” which involve risks and
uncertainties. Forward-looking statements in this press release
include, without limitation, the potential of the technology to
treat the pain associated with pancreatic cancer and the timing of
the commencement of a pivotal clinical trial in the United States.
Such forward-looking statements can be identified by the use of
words such as “should,” “might,” “may,” “intends,” “anticipates,”
“believes,” “estimates,” “projects,” “forecasts,” “expects,”
“plans,” and “proposes.”
Although Autonomix believes that the
expectations reflected in these forward-looking statements are
based on reasonable assumptions, there are a number of risks and
uncertainties that could cause actual results to differ materially
from such forward-looking statements. You are urged to carefully
review and consider any cautionary statements and other
disclosures, including the statements made under the heading “Risk
Factors” and elsewhere in the Annual Report on Form 10-K filed with
the U.S. Securities and Exchange Commission (SEC) on May 31, 2024.
Forward-looking statements speak only as of the date of the
document in which they are contained and Autonomix does not
undertake any duty to update any forward-looking statements except
as may be required by law.
Investor and Media Contact
JTC Team, LLCJenene Thomas 908.824.0775
autonomix@jtcir.com
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