Vycor Issued Strategically Significant U.S. Patent for Its ViewSite(TM) Brain Access System (VBAS)
29 May 2013 - 10:30PM
Marketwired
Vycor Medical, Inc. ("Vycor") (OTCBB: VYCO), a medical device
company with a suite of FDA cleared products, announced that U.S.
patent #12/545719, which relates to its ViewSite™ Brain Access
System ("VBAS"), has been issued.
The claims of this patent cover methods for accessing a surgical
worksite in a patient's brain using a transparent nested
introducer/retractor assembly. The inventive method involves
visualizing the brain tissue through the introducer and retractor
assembly while the assembly is being advanced, permitting the
surgeon to precisely direct movement to the surgical site and
identify and address conditions that may exist or arise before the
assembly is fully-inserted.
The addition of this patent brings Vycor's total patent
portfolio to 35 issued and 20 pending. The Vycor Medical division
now has 6 issued patents and 10 patents pending, while its
NovaVision division has 29 issued patents and 10 patents pending.
Vycor's Management believes that its significant patent portfolio
is of strategic importance and believes it will help drive future
revenues and underpin the Company's valuation.
VBAS is a suite of clear cylindrical disposable devices which
provide neurosurgeons a stable, minimally invasive working channel
to access targeted sites within the brain, such as tumors. The
"blade retractor" has been the standard of care device for brain
access and retraction for more than 50 years. VBAS is now approved
in over 100 hospitals in the U.S. and the number continues to grow.
To date, more than 4,000 surgeries have been performed utilizing
VBAS. Vycor has a clear plan to continue to drive VBAS adoption
with a goal of having the VBAS device become the new "Standard of
Care" for brain access and retraction.
About Vycor Medical, Inc. With corporate
headquarters in Boca Raton, FL, Vycor Medical, Inc. ("Vycor") is a
publicly traded company (OTCBB: VYCO) dedicated to providing the
medical community with innovative and superior surgical and
therapeutic solutions and has a growing portfolio of FDA-cleared
medical solutions that are changing and improving lives every day.
The Company operates two business units: Vycor Medical and
NovaVision, both of which adopt a minimally or non-invasive
approach. Both technologies have exceptional sales growth
potential, address large potential markets, have the requisite
regulatory approvals and are commercialized and generating revenue.
The Company has a strong patent portfolio with 35 granted patents
and a further 20 patents pending.
Vycor Medical's flagship, ViewSite™ Surgical Access Systems
(VBAS) is a suite of clear cylindrical minimally invasive
disposable devices that hold the potential for speedier, safer and
more economical brain surgeries and a quicker patient discharge.
VBAS is designed to optimize neurosurgical site access, reduce
patient risk, accelerate recovery and add tangible value to the
professional medical community. Vycor Medical is ISO 13485:2003
compliant, has FDA 510(K) clearance for VBAS for brain and spine
surgeries and regulatory approvals for brain surgeries in
Australia, Canada, China, Europe, Japan, Korea and Russia. For an
overview of Vycor Medical's VBAS see
http://player.vimeo.com/video/39766887
NovaVision develops and provides science-driven neurostimulation
therapy and other medical technologies that help improve and
partially restore sight in patients with neurological vision
impairments. The company's proprietary Visual Restoration Therapy®
(VRT) platform is clinically supported to improve lost vision
resulting from stroke, traumatic brain injury ("TBI"), or other
acquired brain injuries. VRT is the only FDA 510(K) cleared medical
device in the U.S. aimed at the restoration of vision for
neurologically induced vision loss and can be prescribed by any
ophthalmologist, optometrist, neurologist or physiatrist. VRT also
has CE Marking for the EU. NovaVision also provides Neuro-Eye
Therapy (NeET) in the EU, aimed at increasing visual sensitivity
deep within the field defect. NovaVision also provides a fully
portable and ADA-compliant Head Mounted Perimeter (HMP™) which aids
in the detection and measurement of visual field deficits. For an
overview of NovaVision see
http://player.vimeo.com/video/39765566
For the latest information on the company, including media and
other coverage, and to learn more, please go online at
www.vycormedical.com or www.novavision.com.
Safe Harbor Statement
Information in this document constitute
forward-looking statements or statements which may be deemed or
construed to be forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. The words
"forecast", "anticipate", "estimate", "project", "intend",
"expect", "should", "believe", and similar expressions are intended
to identify forward-looking statements. These forward-looking
statements involve, and are subject to known and unknown risks,
uncertainties and other factors which could cause Vycor Medical's
actual results, performance (financial or operating) or
achievements to differ from the future results, performance
(financial or operating) or achievements expressed or implied by
such forward-looking statements. The risks, uncertainties and other
factors are more fully discussed in Vycor Medical's filings with
the U.S. Securities and Exchange Commission. All forward-looking
statements attributable to Vycor Medical herein are expressly
qualified in their entirety by the above-mentioned cautionary
statement. Vycor Medical disclaims any obligation to update
forward-looking statements contained in this estimate, except as
may be required by law.
Vycor Medical, Inc. Investor Contacts: The Del Mar
Consulting Group, Inc. Robert B. Prag President 858-794-9500 Email
Contact or Alex Partners, LLC Scott Wilfong President 425-242-0891
Email Contact
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