26.11.2007 13:45:00
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St. Jude Medical Announces FDA Approval of Epic Stented Tissue Valve with Anti-Calcification Technology
St. Jude Medical, Inc. (NYSE:STJ) today announced U.S. Food and Drug
Administration (FDA) approval of its Epic™
Stented Tissue Valve with Linx™ AC Technology.
Identical in design to the company’s Biocor™
Valve, which currently leads the tissue valve industry in U.S. market
share growth, the Epic Valve also incorporates patented
anti-calcification technology designed to protect against tissue
mineralization, or hardening.
An estimated 100,000 Americans undergo heart valve replacement annually
and the majority of them receive tissue valves.
"The Epic Valve sets a new standard for
addressing tissue mineralization and potentially extending long-term
valve durability,” said Vibhu Kshettry, M.D.,
director of Cardiac Surgery at the Minneapolis Heart Institute at Abbott
Northwestern Hospital, Minneapolis, and a principal investigator in the
Epic clinical study. "Enhanced durability,
combined with a design that facilitates the implant procedure, makes the
Epic Valve an ideal prosthesis.”
When physicians choose tissue valves for patients, durability is a key
consideration. Valve durability is affected by both mechanical stress
and tissue calcification. The Epic Valve is designed to address both
issues to deliver long-term performance. A recently published paper
concluded that, over 17 years, the Biocor design reduced tissue fatigue
from mechanical stresses. In addition, the Biocor Valve has more than 20
years of clinical experience.
Like the company’s Biocor Valve with the
FlexFit™ Stent, the Epic Valve features the
industry’s lowest overall valve height,
enhancing implantability. In the mitral position, the valve’s
low profile reduces the risk of obstructing blood flow into the aorta.
In the aortic position, it may provide optimal coronary ostia clearance
and reduce the risk of aortic wall protrusion. The new valve will be
available in aortic, aortic supra and mitral models.
The Epic Valve was approved following a clinical study conducted under
an FDA Investigational Device Exemption. The study evaluated the valve’s
safety and efficacy as measured by hemodynamics (the ability to handle
blood flow), patient ability to perform everyday activities as measured
by the New York Heart Association (NYHA) functional classification
system and adverse effects. The study included 762 patients at 19 U.S.
sites and three Canadian sites.
St. Jude Medical will roll out the Epic Valve beginning in early 2008.
"The Epic Valve has been rapidly adopted by
cardiac surgeons in Europe since its introduction seven years ago. We
are confident its U.S. launch will further demonstrate our commitment to
advancing the durability, implantability and hemodynamic performance of
tissue valves to benefit patients and physicians,”
said George J. Fazio, president of St. Jude Medical’s
Cardiovascular Division. "The Epic Valve
represents a major addition to our U.S. portfolio of cardiac surgery
technologies and therapies, which include tissue and mechanical heart
valves, valve repair technologies and devices for cardiac ablation.” About St. Jude Medical
St. Jude Medical is dedicated to making life better for cardiac,
neurological and chronic pain patients worldwide through excellence in
medical device technology and services. The Company has five major focus
areas that include: cardiac rhythm management, atrial fibrillation,
cardiac surgery, cardiology and neuromodulation. Headquartered in St.
Paul, Minn., St. Jude Medical employs approximately 12,000 people
worldwide. For more information, please visit www.sjm.com.
Forward-Looking Statements
This news release contains forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995 that involve
risks and uncertainties. Such forward-looking statements include the
expectations, plans and prospects for the Company, including potential
clinical successes, anticipated regulatory approvals and future product
launches, and projected revenues, margins, earnings, and market shares.
The statements made by the Company are based upon management’s
current expectations and are subject to certain risks and uncertainties
that could cause actual results to differ materially from those
described in the forward-looking statements. These risks and
uncertainties include market conditions and other factors beyond the
Company’s control and the risk factors and
other cautionary statements described in the Company’s
filings with the SEC, including those described in the Company’s
Annual Report on Form 10-K filed on February 28, 2007 (see pages 13-20)
and Quarterly Reports on Form 10-Q filed on August 9, 2007 (see pages
28-29) and November 2, 2007 (see pages 23-24). The Company does not
intend to update these statements and undertakes no duty to any person
to provide any such update under any circumstance.
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