18.07.2007 13:06:00
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Abiomed Announces Canadian Regulatory Approvals of Impella Circulatory Support Technologies
Abiomed, Inc. (NASDAQ: ABMD) today announced that the Company’s
Impella® 2.5 and Impella®
5.0 circulatory support technologies have been approved for use in
Canada by Health Canada’s Therapeutic Products
Programme (TPP). In addition, the Company also announced that the first
patients in Canada have received treatment with the Impella 2.5
technology at the Peter Munk Cardiac Centre at Toronto General Hospital.
"We are proud to be the first hospital in
Canada to use this exciting new catheter-based circulatory support
technology for heart failure patients. We expect the Impella devices to
be key treatment options for clinicians in our cath lab and surgical
suites,” said Vladimir Dzavik, BSc, MD, FRCPC,
Director, Cardiac Cath Lab and Interventional Cardiology at the Peter
Munk Cardiac Centre, Toronto General Hospital University Health Network.
The Impella 2.5 is a ventricular assist catheter, which is inserted
percutaneously in the catheterization laboratory (cath lab) via
the femoral artery into the left ventricle. Up to 2.5 liters of blood
per minute are delivered by the pump from the left ventricle into the
ascending aorta, providing the heart with active support in critical
situations. The Impella 2.5 can be inserted quickly and provides
cardiovascular support for a high risk patient population while having
their percutaneous coronary intervention (PCI), such as a stent or
balloon angioplasty. It can also be used to provide additional blood
flow to patients with low cardiac output, such as post-cardiotomy, or to
protect the muscle of the heart following a heart attack. The device is
currently available in Europe under the CE Mark. Abiomed recently
announced that it has completed enrollment for the pilot study of the
Impella 2.5 in the United States.
"Abiomed is focused on expanding the worldwide
access to our heart recovery products through regulatory approval
progress and we are pleased with this Canadian approval of our Impella
platform. We look forward to working with Canadian cardiologists and
surgeons to improve clinical outcomes for patients,”
said Michael R. Minogue, Chairman, CEO and President of Abiomed.
Abiomed’s Impella 5.0 technology consists of
catheters that can be introduced percutaneously through a cut-down or
surgically. These pumps can achieve flows of up to 5.0 liters per
minute, and actively unload the ventricle, reducing myocardial workload
and oxygen consumption while increasing cardiac output and coronary and
end-organ perfusion. The Impella 5.0 support systems are intended to be
used for up to seven days as left ventricular cardiac assist devices.
These technologies are currently available in Europe under the CE Mark
and are in pilot studies in the United States under an Investigational
Device Exemption (IDE).
Impella products are investigational devices limited by Federal Law
solely to investigational use in the United States and are not currently
available for sale in the United States.
ABOUT ABIOMED
Based in Danvers, Massachusetts, Abiomed, Inc., is a leading provider of
medical devices that provide circulatory support to acute heart failure
patients across the continuum of care in heart recovery. Our products
are designed to enable the heart to rest, heal and recover by improving
blood flow and/or performing the pumping of the heart. For additional
information please visit: www.abiomed.com.
FORWARD-LOOKING STATEMENTS
This Release contains forward-looking statements, including statements
regarding development of Abiomed's existing and new products, the
Company's progress toward commercial growth, and future opportunities.
The Company's actual results may differ materially from those
anticipated in these forward-looking statements based upon a number of
factors, including uncertainties associated with development, testing
and related regulatory approvals, anticipated future losses, complex
manufacturing, high quality requirements, dependence on limited sources
of supply, competition, technological change, government regulation,
future capital needs and uncertainty of additional financing, and other
risks and challenges detailed in the Company's filings with the
Securities and Exchange Commission, including its most recently filed
quarterly report on Form 10-K. Readers are cautioned not to place undue
reliance on any forward-looking statements, which speak only as of the
date of this Release. The Company undertakes no obligation to publicly
release the results of any revisions to these forward-looking statements
that may be made to reflect events or circumstances that occur after the
date of this Release or to reflect the occurrence of unanticipated
events.
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