 |
Orqis® Medical Corporation Receives Unconditional FDA Approval
to Conduct Pivotal Trial of Novel Percutaneous Congestive Heart
Failure Therapy
LAKE FOREST, CA
Freshnews.com
April 26, 2005
Orqis Medical Corporation, developer of the novel and proprietary
catheter-based Cancion®
cardiac recovery system (CRS™) to treat congestive heart failure
(CHF), today announced U.S. Food and Drug Administration (FDA) unconditional
approval for researchers to treat up to 200 CHF patients at 40 centers
participating in the company's MOMENTUM pivotal clinical trial.
The Company previously announced conditional FDA approval in January
to expand the MOMENTUM clinical investigation from 8 to 40 research
centers nationwide.
"The Cancion CRS offers the promise of an exciting new percutaneous
therapeutic modality to treat patients suffering from CHF," said
Ken Charhut, Orqis Medical's president and CEO. "Unconditional FDA
approval to advance the MOMENTUM clinical investigation will allow
us to discover its therapeutic potential."
The Cancion CRS is the first therapy for congestive heart failure
based on ontinuous aortic blood flow augmentation to the descending
aorta. The MOMENTUM (Multicenter Trial of the Orqis Medical CRS
for the Enhanced Treatment of CHF, Unresponsive to Medical Therapy)
trial will determine efficacy of the Cancion CRS Therapy to treat
patients with acute decompensation resulting from CHF.
Traditional therapies to treat acute CHF include drugs that pull
off fluid (diuretics) or cause the heart to pump more strongly (inotropes).
In contrast, the Cancion CRS is designed to create an environment
that allows the heart to rest while it recovers from an acute decompensation
event.
Congestive heart failure is a chronic disease that affects an estimated
5 million people in the U.S. with a projected cost of $27.9 billion
in 2005.
About Orqis Medical
Orqis Medical Corporation is a privately held clinical-stage medical
device company that is investigating its discovery of a new, percutaneous
approach to treat patients suffering from congestive heart failure.
Founded in 1997, Orqis Medical is headquartered in Lake Forest,
California. For more information, visit www.orqis.com.
.
|
 |
|