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Subject: FDA

Limaca Medical Receives FDA Breakthrough Device Designation


Limaca's Precision-GI Endoscopic Biopsy Device Advances Precision Medicine

YOKNEAM, Israel, May 2, 2022 /PRNewswire/ -- Limaca Medical ("Limaca") announced today that its Precision-GItm Endoscopic Ultrasound Biopsy Product has received a Breakthrough Device Designation from the U.S. Food and Drug Administration ("FDA").

The Precision-GItm device is designed to obtain tumor tissue within or adjacent to the gastrointestinal tract. Endoscopic biopsy is performed by a gastroenterologist who accesses the targeted GI tumor utilizing an ultrasound visualization endoscope.  Precision-GItm is deployed and operated through an instrument channel in the endoscope to biopsy the tumor. Suspect GI tumor locations include submucosal lesions, mediastinal masses, lymph nodes, intraperitoneal masses, and within GI related organs such as the pancreas and liver.  

While all existing endoscopic ultrasound fine needle biopsy (EUS-FNB) devices require manual hand operation, Precision GItm features a unique motorized, automated rotational cutting needle for successful tissue acquisition. Today's endoscopic biopsy devices have limitations in consistently obtaining quality tissue with sufficient quantity, which can result in sample tissue fragmentation, inadequate tissue amount, and blood contamination.

Precision GItm is designed to obtain biopsies for definitive diagnosis of pancreatic cancer and other life-threatening GI cancers more quickly and less traumatically than current products. The automated design will provide for more efficient and effective diagnosis of GI cancers since it is designed to yield significantly superior quality and quantity of diagnostically relevant biopsy tissue. 

Initial cases from Limaca's comparative feasibility clinical study, which is ongoing, demonstrates that Precision GItm obtained contiguous intact core tissue samples fully adequate for definitive diagnosis of pancreatic lesions. The clean, non-contaminated tissue samples provided a high percentage of tumor content, with less blood and extraneous fluids.

"Precision-GItm is an automated, motorized endoscopic biopsy product that has the potential to improve our biopsy results for the evaluation of gastrointestinal malignancies. Endoscopic biopsy is a highly specialized, high skill procedure. We welcome the innovation of Precision-GItm which can provide automation and standardization of outcomes with less variation from operator to operator," stated Seth A. Gross, MD, Clinical Chief, Division of Gastroenterology and Hepatology, NYU Langone Health. "Our field is driving toward patient centric individualized cancer therapy, known as Precision Medicine, which requires consistently high quality and quantity of endoscopic biopsy tissue, enabling optimal matching of the tumor's genetic profile to personalize a patient's treatment plan."

"We are pleased with the FDA's decision to grant the Breakthrough Device Designation to Precision-GItm," stated Carl Rickenbaugh, Limaca's CEO. "At Limaca, our vision is to ensure that endoscopic biopsies always achieve a definitive diagnosis to enable optimal and timely GI-cancer treatment. We are dedicated to the mission to provide a far better endoscopic biopsy experience for the endoscopist and patient, with the goal to achieve a faster, more efficient biopsy yield with highly consistent results. With the Breakthrough Device Designation, we look forward to accelerating our progress toward our goal of obtaining the FDA's 510(k) clearance to bring Precision-GItm to patients in the US in the near future."

The FDA Breakthrough Device Designation expedites the development and evaluation of novel devices that offer the potential to enhance patient outcomes through more effective treatment or improved diagnosis of life-threatening conditions. Under the program, the FDA will provide Limaca with the opportunity to provide its feedback during the pre-market phase and prioritized review of the device submission.

About Limaca Medical

Limaca Medical, Ltd, is a privately held company based in Israel that is dedicated to improving endoscopic biopsy results for patients facing potentially life threatening gastroenterology cancers. Limaca has an experienced team of engineers, clinicians, and business professionals with successful track records of innovating, developing, and commercializing specialized medical devices. Limaca Medical is primarily funded by the Israeli Innovation Authority, Agriline (a trust of which Vincent Tchenguiz is a discretionary beneficiary), and The Trendlines Group, Ltd (SGX:42T; OTCQX:TRNLY), an innovation commercialization company that invents, discovers, invests in, and incubates innovation-based medical and agricultural technologies to fulfil its mission to improve the human condition.

https://limaca-medical.com

Contact:

Carl Rickenbaugh, CEO  
[email protected]

Photo- https://mma.prnewswire.com/media/1808555/Limaca_Medical.jpg

SOURCE Limaca Medical


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