Le Lézard
Classified in: Health, Science and technology
Subject: FDA

Opsens' technology granted FDA approval in Abiomed's Impella Cardiac Pump®


QUEBEC CITY, April 3, 2018 /CNW Telbec/ - Opsens Inc. ("Opsens" or the "Company") (TSX: OPS) (OTCQX: OPSSF) announces that the integration of Opsens' technology, within the Impella Cardiac Pump® ("Impella CP®"), marketed by its client Abiomed, Inc. (" Abiomed "), is approved by the US Food and Drug Administration (" FDA ").

Logo: Opsens (CNW Group/OPSENS INC.)

This news follows the US$6 million cooperation and development agreement signed in April 2014. As part of this agreement, Opsens had granted Abiomed an exclusive worldwide license to include its miniature pressure sensor in circulatory assist devices. This approval released a new milestone payment of US$500,000 to Opsens.

Opsens is proud to collaborate with Abiomed in this project, "We are pleased to see our technologies used in highly recognized applications such as the Impella platform in cardiology," said Louis Laflamme, President and CEO of Opsens.

The granting of this license to Abiomed is part of Opsens' strategy to capitalize on the development of its sensor by offering select partners the rights to exploit sensors in specific areas while focusing on the Company's products for the Fractional Flow Reserve ("FFR") market.

About Opsens Inc. (www.opsens.com or www.opsensmedical.com)

Opsens focuses mainly on the measure of FFR in interventional cardiology. Opsens offers an advanced optical-based pressure guidewire (OptoWire) that aims at improving the clinical outcome of patients with coronary artery disease. Opsens is also involved in industrial activities in developing, manufacturing and installing innovative fibre optic sensing solutions for critical applications.

About ABIOMED, Inc. (www.abiomed.com/)

Based in Danvers, Massachusetts, Abiomed, Inc. is a leading provider of medical devices that provide circulatory support. Their products are designed to enable the heart to rest by improving blood flow and/or performing the pumping of the heart.

Forward-looking statements contained in this press release involve known and unknown risks, uncertainties and other factors that may cause actual results, performance and achievements of Opsens to be materially different from any future results, performance or achievements expressed or implied by the said forward-looking statements.

Neither TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.

 

SOURCE OPSENS INC.


These press releases may also interest you

at 20:40
Rakovina Therapeutics Inc. a biopharmaceutical company committed to advancing new cancer therapies based on novel DNA-damage response technologies announced the financial results for its fourth quarter and fiscal year ending December 31, 2023 and...

at 20:15
The partnership was unveiled internally at the Franchisor's annual convention in Las Vegas, NV in December 2023, eliciting...

at 19:40
ReNAgade Therapeutics, a company unlocking the limitless potential for RNA medicines, today announced its ongoing commitment to exploring the therapeutic opportunity of glycobiology through support for ongoing research at GanNA Bio, and the...

at 18:57
Tribe Property Technologies Inc. (the "Issuer" or the "Company") , a leading provider of technology-elevated property management solutions, today announced that it expects to complete and file its 2023 Annual Filings (as defined below) on or before...

at 18:47
The Korean Cultural Center New York (KCCNY), a branch of the Ministry of Culture, Sports and Tourism of the Republic of Korea, is proud to present a special exhibition "Whanki in New York," from May 2 to June 13, 2024. This exhibition commemorates...

at 18:30
Aspire Health Alliance ("Aspire Health") is a company headquartered in Braintree, Massachusetts, that provides behavioral health services in the community.  Aspire Health experienced a data security incident that may have involved personal and...



News published on and distributed by: