Healthcare Industry News: Volcano Corporation
News Release - April 25, 2014
Volcano Announces Limited Market Release of SyncVision(TM) Technology SystemNew system allows co-registration of angiography with intravascular imaging (IVUS)
SAN DIEGO, April 25, 2014 -- (Healthcare Sales & Marketing Network) -- Volcano Corporation (VOLC), a leading developer and manufacturer of precision guided therapy tools designed to enhance the diagnosis and treatment of coronary and peripheral vascular disease, today announced the commencement of its limited market release of its FDA cleared and CE marked technology SyncVision™, with cases being performed in the U.S. and Europe. SyncVision™ is currently installed in multiple limited market release sites throughout U.S. and Europe.
Volcano's SyncVision™ Technology System is an on-line image processing workstation for coronary catheterizations that allows the physician to navigate simultaneously on an angiogram and on an IVUS image in a single correlated view using co-registration of the Eagle Eye® Platinum catheter with x-ray angiography. SyncVision™ is designed to bring the detailed vessel, lumen and wall structure from angiography and the spatial localization of Volcano's intravascular ultrasound images within the coronary tree together in a co-registered view to facilitate more informed treatment decisions and more efficient, enhanced workflow performance.
"SyncVision™ is an important advancement in clinical IVUS imaging. It allows us to correlate significant IVUS findings with the corresponding spots on the angiogram. This addresses a challenging aspect of current practice in that it can be difficult to identify the precise spot needing treatment in translating the IVUS findings to the angiogram," commented Steven Goldberg, M.D., Director, Cardiac Catheterization Laboratory and Clinical Associate Professor of Medicine at University of Washington Medical Center. "It also allows for simple and precise length measurements to help inform stent selection. Co-registration of different imaging modalities is currently the wave in interventional cardiology, and I think this is one of the most useful and user friendly co-registration formats I have seen. I believe that this truly represents the next generation in IVUS imaging."
"The co-registration with angiography makes of IVUS an entirely new instrument. As a regular IVUS user, I was impressed to see how it helps in making decisions based on intracoronary imaging," commented Javier Escaned, M.D., Consultant Interventional Cardiologist, Hospital Clinico San Carlos. "In addition, the angiographic tools incorporated in SyncVision™ are extremely helpful during coronary interventions. Image stabilization and digital enhancement based not only on cine but also on images under fluoroscopy is a great complement of IVUS in performing accurate stent optimization without geometric mismatch. My impression is that with this system we move into an entirely new era of integration of IVUS and angiography in clinical practice."
"We are looking forward to sharing the SyncVision™ technology with a global audience next month at the EuroPCR meeting in Paris," said Joe Burnett, Executive Vice President. "We will showcase the technology with working systems at our booth and in the training village, as well as with expert panel discussions and live case presentations."
"We are thrilled about the benefits and precision that the use of SyncVision™ enables in concert with our Eagle Eye Platinum Catheter and the Angio +™ applications. SyncVision™ will change the game in that it empowers easier and better interpretations of both IVUS and angio technologies that are designed to encourage quicker and confident decisions," said Scott Huennekens, President and Chief Executive Officer. "SyncVision™ Technology System demonstrates innovation in design and a commitment to our continued investments in Volcano solutions for our customers. This system further bolsters our portfolio of recent innovative releases with the iFR® modality, CORE™ Precision Guided System, and CORE™ Control Pad—all of which work to help improve patient outcomes and customer productivity."
SyncVision™ is expected to be in full market release later in 2014. Additional product information is available at www.volcanocorp.com.
About Volcano Corporation
Volcano Corporation is revolutionizing the medical device industry with a broad suite of technologies that make imaging and therapy simpler, more informative and less invasive. Our products empower physicians around the world with a new generation of analytical tools that deliver more meaningful information - using sound and light as the guiding elements. Founded in cardiovascular care and expanding into other specialties, Volcano is changing the assumption about what is possible in improving patient outcomes by combining imaging and therapy together.
This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Any statements in this release that are not historical facts may be considered "forward-looking statements," including statements regarding the potential benefits and effectiveness of the products and technologies described above, further market development and expansion and anticipated market impact. Forward-looking statements are based on management's current expectations and are subject to risks and uncertainties which may cause Volcano's results to differ materially and adversely from the statements contained herein. Some of the potential risks and uncertainties that could cause actual results to differ include the pace and extent of market adoption of the company's products and technologies; unexpected clinical trial results, including unexpected new clinical data and unexpected additional analysis of existing clinical data; unexpected regulatory actions or delays or government regulation generally; the company's ability to obtain or maintain patent or other proprietary intellectual property protection; competition in general; government, industry and general public pricing pressures; unexpected manufacturing issues; growth strategies; timing and achievement of product development milestones; outcome of ongoing litigation; the impact and benefits of market development; product introductions; unexpected new data, safety and technical issues; market conditions; and other risks inherent to medical device development and commercialization. These and additional risks and uncertainties are more fully described in Volcano's filings made with the Securities and Exchange Commission, including our recent report on Form 10-K. Undue reliance should not be placed on forward-looking statements which speak only as of the date they are made. Volcano undertakes no obligation to update any forward-looking statements to reflect new information, events or circumstances after the date they are made, or to reflect the occurrence of unanticipated events.
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