Innovotech Testing Contributes to FDA Market Clearance for Anti-Microbial Coated Catheter
November 02 2010 - 8:00AM
Marketwired
Innovotech Inc. (TSX VENTURE: IOT), a pioneer in the field of
biofilm product development, is pleased to announce that its
proprietary BEST™ (Biofilm Eradication Surface Test) assay for
external efficacy testing was a key element in the recent FDA
510(k) market clearance of Teleflex Incorporated's ArrowEVOLUTION™,
an advanced anti-microbial peripherally-inserted central catheter.
Arrow EVOLUTION with Chlorag+ard™ technology provides a unique
option to clinicians in their efforts to protect against central
line-associated bloodstream infections, a major contributor to
hospital acquired infections.
"Our recent project with Teleflex is yet another demonstration
of Innovotech's expertise in microbial biofilms and its
distinguished track record in meeting client's needs," said Ken
Boutilier, President and CEO of Innovotech Inc. "Biofilms cause
major problems in human health, from hospital-acquired infections
(such as those caused by catheters) to food safety.
"FDA market clearance of the ArrowEVOLUTION™ catheter with
Chlorag+ard™ technology enhances Teleflex's position as a leading
global provider of medical technology products," said Barry
McBride, Teleflex Chief Technology Officer. "Innovotech's sense of
urgency, understanding of the requirements and their extensive
commercial knowledge of biofilm microbiology were significant
contributing factors in the development and execution of external
efficacy testing for submission."
About Innovotech Inc.:
Innovotech Inc. is a pioneer in the field of biofilm product
development, focused on providing innovative and practical
solutions to medical, agricultural and industrial problems caused
by microbial biofilms. Biofilms are responsible for a host of
diseases both in human health and agriculture due to their inherent
resistance to existing antibiotics and disinfectants. There are
currently no antibiotics, disinfectants, diagnostics or regulatory
standards designed specifically for biofilm-forming organisms.
Innovotech currently has two products in advanced stages of
development: bioFILM PA™, the first diagnostic kit to assist
physicians in the selection of the most effective combination
antibiotic treatment of patients with biofilm-based chronic lung
infections and Agress™, a unique, environmentally friendly seed
treatment and plant spray designed to protect crops against both
bacterial and fungal infections.
This document may contain forward-looking statements that are
predictive in nature and subject to risks and uncertainties that
cannot be predicted or quantified; consequently, actual results may
differ materially from past results and those expressed or implied
by any forward-looking statements. Factors that could cause or
contribute to such risks or uncertainties include, but are not
limited to: the regulatory environment including the difficulty of
predicting regulatory outcomes; changes in the value of the
Canadian dollar; the Company's reliance on a small number of
customers including government organizations; fluctuations in
operating results; government policies or actions; progress and
cost of clinical trials; reliance on key strategic relationships;
uncertainty related to intellectual property protection and
potential costs associated with its defense; the Company's exposure
to lawsuits and other matters beyond the control of management.
Should known or unknown risks or uncertainties materialize, or
should management's assumptions prove inaccurate, actual results
could vary materially from those anticipated. The Company
undertakes no obligation to publicly make or update any
forward-looking statements, except as required by applicable
law.
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
Contacts: Innovotech Inc. Ken Boutilier President and CEO (780)
448-0585 ext. 221 (780) 424-0941 (FAX) ken.boutilier@innovotech.ca
www.innovotech.ca
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