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| Synovis Life Technologies Receives CE Mark Approval for the Use of Veritas(R) Collagen Matrix in Hernia Repair and Breast Reconstruction |
Company Will Launch Proprietary Soft Tissue Repair Product Into the European Hernia Repair and Breast Reconstruction Markets
“CE Mark approval for these indications is a significant milestone for
Veritas. With the addition of the European market for hernia repair and
breast reconstruction, we look forward to expanding our presence in the
worldwide soft tissue repair market and increasing our international
revenue,” said Veritas is an exceptionally supple and durable product. In addition to providing strength and flexibility, Veritas avoids acute and chronic infections and unwanted chronic inflammation that occurs frequently in response to the use of synthetic patches. The distinct characteristics of Veritas, which include its pericardial substrate and proprietary processing, offer functional and ease of use advantages over other biological patches.
Synovis launched Veritas into the ventral hernia market in
About
Forward-looking statements contained in this press release are made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. The statements can be identified by words
such as “should”, “could”, “may”, “will”, “expect”, “believe”,
“anticipate”, “estimate”, “continue”, or other similar expressions.
Certain important factors that could cause results to differ materially
from those anticipated by the forward-looking statements made herein
include the timing of product introductions, the ability of our
expanding direct sales force to grow revenues, outcomes of clinical and
marketing trials as well as regulatory submissions, the number of
certain surgical procedures performed, the ability to identify, acquire
and successfully integrate suitable acquisition candidates, the cost and
outcome of intellectual property litigation, any operational or
financial impact of the current global economic downturn, current market
conditions affecting its investments and any claims for indemnification
related to the sale of the interventional business, as well as the other
factors found in the company’s reports to the Source:
Synovis Life Technologies, Inc. |
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