Healthcare Industry News: LVAS
News Release - March 12, 2009
I-Flow Corporation Receives FDA Clearance for Stabilized Antimicrobial Wound GelCompany’s Subsidiary AcryMed Introduces Most Powerful Silver Antimicrobial Gel Ever
LAKE FOREST, Calif.--(HSMN NewsFeed)--I-Flow Corporation (NASDAQ:IFLO ), through its wholly-owned subsidiary AcryMed Inc., announced today that it received 510(k) clearance on February 26, 2009 from the Food and Drug Administration (FDA) for its stabilized antimicrobial wound gel. The product, as yet unnamed, has been FDA cleared for both over-the-counter and prescription-only marketing and distribution.
“Our new stabilized silver antimicrobial wound gel is yet another unique and unrivaled product that we are proud to add to our growing portfolio of infection-reducing products,” said Donald M. Earhart, I-Flow's chairman and chief executive officer. “I-Flow is already a leader in improving clinical and economic outcomes when treating pain following surgery and continues to develop innovative products that improve patient outcomes.”
While distribution for the gel has not been finally determined, AcryMed’s typical sales strategy is to out-license their technologies to established distribution and marketing partners.
AcryMed is a pioneering leader at the forefront of innovations in the fields of infection control and wound healing. The company’s SiLVASorb® products for advanced wound care and SilvaGard® nanoparticle surface treatment for medical devices are among the breakthrough technologies that have distinguished AcryMed as an industry leader. A wholly-owned subsidiary of I-Flow Corporation, AcryMed maintains on-site ISO certified manufacturing and lab facilities at its Beaverton, Oregon headquarters. For more information on AcryMed visit www.AcryMed.com.
I-Flow Corporation (NASDAQ:IFLO ) is improving clinical and economic outcomes following surgery by designing, developing and marketing technically-advanced, low-cost drug delivery systems and innovative products for post-surgical pain relief and surgical site care. For more information on I-Flow Corporation visit www.iflo.com.
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