Healthcare Industry News: North American Scientific
News Release - July 23, 2007
North American Scientific Introduces BATCAM Multi-Probe Ultrasound Image Guided Radiation Therapy SolutionNOMOS(R) Radiation Oncology Division to Showcase BATCAM(TM) Multi-Probe at AAPM
CHATSWORTH, Calif.--(HSMN NewsFeed)--North American Scientific, Inc. (Nasdaq:NASI ) announced today that its NOMOS Radiation Oncology division will introduce BATCAM(TM) Multi-probe, its new IGRT solution, at the upcoming 49th Annual Meeting of the American Association of Physics in Medicine (AAPM). BATCAM Multi-probe received FDA 510(k) approval on July 11, 2007. AAPM will be held in Minneapolis, MN, July 22-26, 2007, and the NOMOS Radiation Oncology division will be presenting at Booth No. 529. North American Scientific will be presenting its ClearPath(TM) multi-channel catheter breast brachytherapy devices, Prospera® brachytherapy seeds and SurTRAK(TM) needles and strands in Booth No. 1147.
"BATCAM Multi-probe is a crucial advancement in providing improved imaging and value to clinicians seeking IGRT solutions and offers greater utility in addition to expanded clinical IGRT use," said John Rush, President and Chief Executive Officer of North American Scientific. "Facilities that adopt this new technology will quickly realize the benefits of a system that can be applied to a wide variety of applications throughout their cancer clinic. We are particularly pleased to present a product that is equipped to provide support for our brachytherapy business, including our Prospera® brachytherapy seeds and the ClearPath(TM) devices which we plan to launch commercially later this year."
About North American Scientific
North American Scientific is a leader in radiation therapy products and services in the fight against cancer. Its innovative products provide physicians with tools for the treatment of various types of cancers. They include Prospera® brachytherapy seeds and SurTRAK(TM) needles and strands used primarily in the treatment of prostate cancer. In addition the Company plans to commercialize its ClearPath(TM) multi-channel catheter breast brachytherapy devices in 2007, which are the only devices approved for both high dose and continuous release, or low dose, radiation treatments. The devices are designed to provide flexible, precise dose conformance and an innovative delivery system that is intended to offer the more advanced form of brachytherapy for the treatment of breast cancer. North American Scientific's NOMOS® Radiation Oncology Division provides external beam radiation therapy products for Serial Tomotherapy Intensity Modulated Radiation Therapy (IMRT) and Image-Guided Radiation Therapy (IGRT). Serial tomotherapy IMRT allows an escalated radiation dose to be delivered to a tumor while limiting exposure and damage to nearby healthy tissue. These products are marketed under the trade names nomosSTAT(TM)and CORVUS® (our proprietary treatment planning software). The Company's IGRT products, BAT®, BATCAM(TM) and nTRAK(TM), provide fast and accurate targeting and localization of a treatment volume on a daily basis. More than 500 hospitals and research sites worldwide are equipped with the Company's clinically proven serial tomotherapy, inverse treatment planning, image-guidance and ancillary treatment solutions. Please visit www.nasmedical.com for more information.
Statements included in this release that are not historical facts may be considered forward-looking statements that are subject to a variety of risks and uncertainties. There are a number of important factors that could cause actual results to differ materially from those expressed in any forward-looking statements made by the Company including, but not limited to, the impact of competitive products and pricing, technological changes, changes in relationships with strategic partners and dependence upon strategic partners for the performance of critical activities under collaborative agreements, the ability of the Company to successfully directly market and sell its products, uncertainties relating to patent protection and regulatory approval, the stable supply of appropriate isotopes, research and development estimates, market opportunities, risks associated with strategic opportunities or acquisitions the Company may pursue and the risk factors included in the Company's filings with the Securities and Exchange Commission. Any forward-looking statements contained in this news release speak only as of the date of this release, and the Company undertakes no obligation to revise or update any forward-looking statements, whether as a result of new information, future results or otherwise.
Source: North American Scientific
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