Redwood City, CA -- October 2008
Genesis Medical Interventional, Inc. today announced that William Dubrul, Chairman and CEO, will make a presentation at the upcoming Medtech Insight Investment In Innovation (In3) East, Thursday, October 23, 2008. The In3 Conference will be held at the Westin Copley Place in Boston, MA.
"The Medtech presentation comes at an exiting time for Genesis," said Dubrul. "This year we finalized a rewarding licensing agreement with Micrus Endovascular (MEND) for use of our F.A.S.T. Funnel Catheter technology for the treatment of Stroke, a significant disease and market. This relationship has proved to be more than fruitful for us with accompanying milestone payments as well as the validation of our efforts to remove dangerous emboli from the patient."
Additionally, Genesis has been selected to exhibit in the Emerging Technologies area of this year's Transcatheter Cardiovascular Therapeutics Symposium (TCT) October 14-16th in Washington, D.C. where TCT representatives have just announced that the PREPARE trial results will be presented in the TCT Late Breaking Trials in the Main Arena at 12:00 noon, Wednesday, October 15. The PREPARE trial is an AMI (Acute Myocardial Infarction) trial using Proximal Occlusion as embolic protection during stenting. "Several randomized trials using distal embolic protection have failed to show any advantage during AMI intervention, but this is the first randomized trial using Proximal Occlusion and we are cautiously optimistic and excited about these results. The PREPARE trial will put Proximal Occlusion Embolic Protection and Genesis on the map." Dubrul says.
About the F.A.S.T Funnel Catheter System
The Genesis F.A.S.T. Funnel Catheter System is a line of innovative medical devices comprised of a funnel deployed at the distal end of the catheter through which a physician can deploy a proprietary clot retrieval system with an umbrella or parachute-like device. This novel design harnesses a patient's blood pressure to provide the sealing force for occlusion. Clots and other debris are removed and the device is then collapsed and removed from the patient.
About Genesis Medical Interventional, Inc.
Genesis Medical Interventional, Inc. is a privately held company developing products, based on its minimally invasive Funnel Catheter platform technologies for improved Proximal Occlusion Embolic Protection and Thrombectomy in the vascular system. The company believes its technologies will have applications in many major medical markets. For more information, visit www.genesismedical.net.
Chairman and Chief Executive Officer
Genesis Medical Interventional, Inc.