Press Release
Abbott Introduces Two New Products for the Treatment of Peripheral Artery Disease
Next-Generation FoxCross™ PTA Catheter and HI-TORQUE Versacore™ .035 Guide
Wire Demonstrate Company's Commitment to Continuous Innovation in Endovascular
Care
May 7, 2009
Abbott Park, Illinois (NYSE: ABT)
— Abbott today announced the launch of two new products for the treatment of
peripheral artery disease (PAD), a condition that occurs when the vessels
supplying blood to the legs, arms, stomach or kidneys become narrowed or
blocked by plaque, restricting normal blood flow. The FoxCross™ PTA Catheter is
a next-generation .035 balloon dilatation
catheter and is now available in the United States and Europe. The HI-TORQUE
Versacore™ .035 Guide Wire is a peripheral guide
wire for delivery of catheters, balloons and stents and is now available in the
United States.
"The FoxCross PTA Catheter and Versacore Guide Wire are the most recent
examples of Abbott’s commitment to successful outcomes for physicians treating
patients with peripheral artery disease," said Charles Simonton, M.D.,
FACC, FSCAI, divisional vice president, Medical Affairs, and chief medical
officer, Abbott Vascular. "We are pleased to add these two innovative
products to our broad portfolio of minimally invasive solutions for treating
cardiac and vascular disease."
FoxCross PTA Catheter
The FoxCross PTA Catheter is used to open peripheral arteries that have
become blocked with plaque. The system is available in a wide variety of
diameters (3 mm to 14
mm), balloon lengths (20 mm to 120 mm), and catheter lengths (50 cm, 80 cm and 135 cm) on an over-the-wire delivery platform.
"A highly deliverable balloon dilatation catheter is key to successful
patient outcomes. If the balloon does not cross the blockage smoothly and
reliably, the procedure can take longer and may be prone to complications, as
well as additional costs," said Joseph A. R. Cardenas, M.D., FACC, medical
director of the cardiac catheterization laboratory at the Yuma Regional Medical
Center in Yuma, Ariz. "The FoxCross system offers superb crossability and
impressive deflation times, making it suitable for challenging
lesions."
FoxCross is a highly deliverable balloon dilatation catheter designed to
optimize the treatment of patients with peripheral artery disease during
angioplasty procedures by incorporating the latest technological advancements,
including:
- Proprietary JETCOAT™ coating that allows for smooth device movement and
enhanced deliverability
- Streamlined tip and crossing profile for accessing and treating challenging
lesions
- Dual-lumen shaft with large, crescent-shaped contrast lumen for rapid
inflation/deflation
HI-TORQUE Versacore .035 Guide Wire
The HI-TORQUE Versacore peripheral guide wire is designed for routine
diagnostic and device delivery in interventional procedures. Versacore features
a soft, shapeable tip to provide safe access to peripheral lesions and enhanced
visibility under fluoroscopy. Versacore also offers excellent torque response,
enabling the device to move consistently and easily around the bends of a
patient's vascular system, even when accessing the hardest-to-reach
lesions.
"The Versacore guide wire is an ideal wire because it offers excellent
support, navigates difficult anatomy easily, saves time with device exchanges
and simplifies the procedure. Versacore is now my workhorse wire for both
diagnostic and interventional peripheral procedures," said Prakash
Krishnan, M.D., assistant professor of Medicine, Mount Sinai School of
Medicine, and director of Endovascular Intervention, Mount Sinai Medical
Center, in New York, N.Y.
Abbott's Vascular Pipeline
FoxCross and Versacore are the latest innovations out of Abbott's robust
vascular pipeline. Key products in the pipeline include the Omnilink Elite™
Peripheral Stent System; a fully bioabsorbable drug eluting coronary device;
and the XIENCE PRIME™ Everolimus Eluting Coronary
Stent System, which builds upon the proven performance of Abbott's
market-leading XIENCE V® Everolimus Eluting
Coronary Stent System.
Omnilink Elite, XIENCE PRIME and the bioabsorbable drug eluting device are
in development and are not available for sale.
About Peripheral Artery Disease and Angioplasty
Peripheral artery disease affects an estimated 8 million patients in the
United States.* Early stages of peripheral artery disease may have especially
significant health implications, as patients may experience high blood
pressure, kidney dysfunction, or leg pain in conjunction with reduced ability
to walk. Peripheral artery disease can be treated with medication, exercise,
angioplasty, stenting or surgery.
In angioplasty procedures, a catheter with a balloon is inserted into a
patient's blood vessel and is used to open an artery that has become narrowed
or blocked by plaque. In cases where stenting is appropriate, a stent is
expanded against the narrowed artery wall to hold the vessel open. Stent
treatment of arteries expands the lumen and improves blood flow distal to the
location of the stent.
More than 1.25 million peripheral balloon angioplasty procedures are
performed per year globally, including nearly 650,000 procedures annually in
the United States.‡
About XIENCE V
Abbott's market-leading XIENCE V drug eluting coronary stent is marketed in
the United States, Europe and other international markets. XIENCE V is an investigational device in Japan and is
currently under review by Japan's Ministry of Health, Labour and Welfare and
the Pharmaceuticals and Medical Devices Agency. It is also under review with
Health Canada.
Additional information about XIENCE V, including important safety and
effectiveness information, is available online at www.xiencev.com.
Everolimus, developed by Novartis Pharma AG, is a proliferation signal
inhibitor, or mTOR inhibitor, licensed to Abbott by Novartis for use on its
drug eluting stents. Everolimus has been shown to inhibit in-stent neointimal
growth in the coronary vessels following stent implantation, due to its
anti-proliferative properties.
About Abbott Vascular
Abbott Vascular, a division of Abbott, is one of the world's leading
vascular care businesses. Abbott Vascular is uniquely focused on advancing the
treatment of vascular disease and improving patient care by combining the
latest medical device innovations with world-class pharmaceuticals, investing
in research and development, and advancing medicine through training and
education. Headquartered in Northern California, Abbott Vascular offers a
comprehensive portfolio of vessel closure, endovascular and coronary
products.
About Abbott
Abbott (NYSE: ABT)
is a global, broad-based health care company devoted to the discovery,
development, manufacture and marketing of pharmaceuticals and medical products,
including nutritionals, devices and diagnostics. The company employs more than
72,000 people and markets its products in more than 130 countries.
| * |
American Heart Association, Heart Disease and Stroke Statistics – 2009
Update. Chapter 9. pg. 109. |
| ‡ |
Source: Millenium Research Group. |
Media:
Jonathon Hamilton
Jennie Kim |
(408) 845-3491
(408) 845-1755 |
Financial:
Tina Ventura |
(847) 935-9390 |