Healthcare Industry News: LUNA
News Release - February 15, 2011
Nfocus Neuromedical, Inc. Luna Aneurysm Embolization System Receives CE MarkSignificant milestone for innovative device designed to treat brain aneurysms
PALO ALTO, Calif., Feb. 15, 2011 -- (Healthcare Sales & Marketing Network) -- Nfocus Neuromedical, Inc., an innovative medical device company with a focus on the next generation treatment for brain aneurysms, announced today that its Luna™ Aneurysm Embolization System (AES) received CE Mark for the treatment of patients with brain aneurysms. The LUNA AES is designed to be a single-deployment, easy-to-use system for the treatment of brain aneurysms both pre- and post-rupture.
"Brain aneurysm treatment historically has been the domain of either surgery or, more recently, catheter-placed wire coils," said Eric Milledge, CEO, Nfocus Neuromedical. "Surgery can be traumatic and expensive, and coils may fail to fully treat an aneurysm. The LUNA AES represents a dramatic step forward in the treatment of these patients."
It is estimated that up to one in 15 people will develop a brain aneurysm during their lifetime.(1) Rupture of an aneurysm can cause stroke, brain damage and even death.
The LUNA AES treats brain aneurysms by blocking (embolizing) blood flow while providing a scaffold to encourage tissue growth across an aneurysm opening and create a plug. The LUNA uses a self-expandable, multi-layer oval implant made from Nitinol, a nickel-titanium alloy. The properties of the device allow it to easily compress within a conventional catheter, and then rapidly and easily open to full size once deployed within an aneurysm.
"CE Mark approval is an important milestone for Nfocus," said Robert O'Holla, vice president of regulatory affairs, Nfocus Neuromedical. "The LUNA AES is our flagship product and we look forward to working with physicians and hospitals in Europe to advance this important new technology."
About Nfocus Neuromedical, Inc.
Nfocus is developing the next generation treatment for brain aneurysms. The company's innovative LUNA™ product is a single-deployment, easy-to-use embolization device designed to be a direct replacement to detachable coils. Nfocus is backed by three major U.S.- and OUS-based venture funds: DFJ ePlanet Capital, Technology Partners, and InCube Ventures. Other investors include Raffles Capital and Endeavor Vision. More information can be found at www.nfocusneuro.com.
(1) - http://www.brainaneurysm.com/
Source: Nfocus Neuromedical
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