PLC Systems to Show RenalGuard(TM) at Medica 2006
13 Novembro 2006 - 11:00AM
PR Newswire (US)
First Public Showing for Innovative Approach to Renal Protection in
the Cath Lab FRANKLIN, Mass., Nov. 13 /PRNewswire-FirstCall/ -- PLC
Systems Inc. (AMEX:PLC), a company focused on innovative cardiac
and vascular medical device-based technologies, announced today
that it will demonstrate the RenalGuard System(TM) at Medica 2006,
the 38th International Trade Fair with Congress and World Forum for
Medicine, November 15-18, 2006 in Dusseldorf, Germany.
RenalGuard(TM) will be shown as part of the Massachusetts trade
pavilion sponsored by the Massachusetts Office of International
Trade and Investment located in Hall 3, booth F16. RenalGuard
Therapy(TM) is designed to reduce the toxic effects that contrast
media can have on the kidneys. This therapy is based on the theory
that creating and maintaining a high urine output is beneficial to
patients undergoing imaging procedures where contrast agents are
used. The real-time measurement and matched fluid replacement
design of the RenalGuard System is intended to ensure that a high
urine flow is maintained before, during and after these procedures.
This should allow the body to rapidly eliminate contrast, reducing
its toxic effects. The RenalGuard System with its matched fluid
replacement capability is intended to minimize the risk of over- or
under-hydration. "We are extremely pleased to be part of the
Massachusetts pavilion at Medica this year," stated Mark R.
Tauscher, President and CEO of PLC Systems, Inc. "We look forward
to the feedback we will receive on RenalGuard Therapy and the
RenalGuard System from the international medical community." In
October, the U.S. Food and Drug Administration (FDA) granted the
company a conditionally approved investigational device exemption
(IDE) to conduct a pilot clinical trial to evaluate the safety of
the RenalGuard System and its ability to accurately measure and
balance fluid inputs and outputs on patients undergoing a
catheterization procedure where contrast media will be
administered. Contrast-Induced Nephropathy A significant adverse
effect of contrast agents is CIN, a form of Acute Renal Failure.
For at-risk patients, CIN can lead to prolonged hospital stays,
extended intensive care unit stays, dialysis, increased mortality
and significantly higher healthcare costs. Studies indicate that
approximately 15 percent of all patients undergoing image-guided
cardiology and radiology procedures, or almost 1 million people
annually are at risk of developing CIN. This number is expected to
grow as the number of less invasive, image-guided procedures grows.
Development Timeline Following the completion of the pilot trial,
PLC plans to seek FDA approval to initiate a U.S. multi-center
randomized clinical trial to demonstrate the system's ability to
help protect high risk patients from developing CIN as a result of
contrast media used during their diagnostic and interventional
procedures. This trial is expected to begin in 2007 and continue
through 2008. PLC is targeting its U.S. commercial launch in late
2008 or early 2009, subject to the receipt of necessary regulatory
approvals. The company hopes to obtain CE Mark approval in the
first half of 2007, which PLC expects would lead to commercial
launch in Europe in the summer of 2007. About PLC Systems Inc. PLC
Systems Inc. is a medical technology company specializing in
innovative technologies for the cardiac and vascular markets.
Headquartered in Franklin, Mass., PLC pioneered the CO2 Heart Laser
System, which cardiac surgeons use to perform CO2 transmyocardial
revascularization (TMR) to alleviate symptoms of severe angina. CO2
TMR offers a treatment option for angina patients who suffer from
severe coronary artery disease. The CO2 Heart Laser is the world's
first TMR angina relief device approved by both the U.S. Food and
Drug Administration and the Japanese Ministry of Health, Labor and
Welfare, and to obtain a CE Mark for European distribution. In a
move to broaden its market, the company recently announced its
intention to initiate clinical studies for its RenalGuard therapy
and RenalGuard System. RenalGuard Therapy is designed to reduce the
toxic effects that contrast media can have on the kidneys. This
therapy is based on the theory that creating and maintaining a high
urine output is beneficial to patients undergoing imaging
procedures where contrast agents are used. The real-time
measurement and matched fluid replacement design of the RenalGuard
System is intended to ensure that a high urine flow is maintained
before, during and after these procedures. This should allow the
body to rapidly eliminate contrast, reducing its toxic effects. The
RenalGuard System with its matched fluid replacement capability is
intended to minimize the risk of over- or under-hydration.
Additional company information can be found at
http://www.plcmed.com/. This press release contains
"forward-looking" statements. For this purpose, any statements
contained in this press release that relate to prospective events
or developments are deemed to be forward-looking statements. Words
such as "believes," "anticipates," "plans," "estimates," "expects,"
"will" and similar expressions are intended to identify forward-
looking statements. Our statements of our objectives are also
forward-looking statements. While we may elect to update
forward-looking statements in the future, we specifically disclaim
any obligation to do so, even if our estimates change, and you
should not rely on these forward-looking statements as representing
our views as of any date subsequent to the date of this press
release. Actual results could differ materially from those
indicated by such forward-looking statements as a result of a
variety of important factors, including we may not receive
necessary regulatory approvals to market our RenalGuard product,
the clinical trials for that product may not be successful, the
RenalGuard product may not be commercially accepted, operational
changes, competitive developments may affect the market for our
products, regulatory approval requirements may affect the market
for our products, and additional risk factors described in our
Report on Form 10-K for the year ended December 31, 2005, and our
other SEC reports. PLC Systems, PLC Medical Systems, PLC, CO2 Heart
Laser, RenalGuard, RenalGuard System and RenalGuard Therapy are
trademarks of PLC Systems Inc. Contact: Mary T. Conway Conway
Communications 617-244-9682 DATASOURCE: PLC Systems Inc. CONTACT:
Mary T. Conway of Conway Communications, +1-617-244-9682, Web site:
http://www.plcmed.com/
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