Healthcare Industry News: Near Infrared Spectroscopy
News Release - February 24, 2009
Assistance Publique Hopitaux De Paris (AP-HP) Selects Hutchinson Technology to Provide Noninvasive Tissue Oxygenation Monitoring
HUTCHINSON, Minn., Feb. 24, 2009 -- (Healthcare Sales & Marketing Network) -- Hutchinson Technology Incorporated (NasdaqGS:HTCH ) announced today that it has signed a two-year tender authorizing it to sell its InSpectra(tm) StO2 Tissue Oxygenation Monitoring System to the 37 French hospitals belonging to the Assistance Publique Hopitaux De Paris (AP-HP). The AP-HP system admits more than 1,000,000 emergency patients per year.``We are very pleased with the confidence that this multi-hospital system has shown in our InSpectra StO2 System,'' stated Rick Penn, President of Hutchinson Technology's BioMeasurement Division. ``This agreement provides strong validation for the value of non-invasive tissue oxygenation monitoring of critically ill patients. We have put the resources in place to support this opportunity, and we hope to build a strong partnership moving forward.''
About the InSpectra StO2 Monitoring System
InSpectra StO2 is a new vital sign with broad applications for critical care medicine. The InSpectra StO2 System for tissue oxygenation monitoring helps clinicians reduce risks and costs by enabling faster and more precise assessment of oxygen delivery to vital organs and tissue. The system provides continuous information using Near Infrared Spectroscopy and a noninvasive, single-use sensor placed on the thenar eminence (thumb muscle).
During shock, the body reduces blood flow to peripheral muscles and core organs (liver, gut and kidneys) in order to preserve oxygenation of the brain and heart. Thus, by measuring tissue oxygenation (StO2) in peripheral thenar muscle, the InSpectra StO2 System uses the body's own response mechanism to provide valuable information on the adequacy of oxygen delivery to these vital organs.
About Hutchinson Technology
Hutchinson Technology is a global technology leader committed to creating value by developing solutions to critical customer problems. The company's BioMeasurement Division is focused on bringing to the market new technologies and products that provide information clinicians can use to improve the quality of health care and reduce costs.
About Assistance Publique Hopitaux De Paris
The AP-HP is made up of 37 hospitals organized into four university hospital groups (GHU): North, East, South and West. Within the AP-HP group 29 hospitals provide OR, ICU and ED services. In addition, AP-HP has developed a special pre-hospital network (SAMU Network) that services all hospitals within the group.
Cautionary Note Regarding Forward-Looking Statements
This announcement contains forward-looking statements regarding product commercialization and adoption. The company does not undertake to update its forward-looking statements. These statements involve risks and uncertainties. The company's actual results could differ materially from those anticipated in these forward-looking statements as a result of changes in market acceptance of the company's products and other factors described from time to time in the company's reports filed with the United States Securities and Exchange Commission.
Source: Hutchinson Technology
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