Corgenix Receives Third U.S. Patent on AtherOx(R) Technology
25 September 2008 - 6:16PM
PR Newswire (US)
U.S. PATENT OFFICE GRANTS PATENT # 7,422,864 FOR TECHNOLOGY USED IN
CORGENIX NEXT GENERATION PREDICTIVE CARDIOVASCULAR DIAGNOSTIC
PRODUCT LINE DENVER, Sept. 25 /PRNewswire-FirstCall/ -- Corgenix
Medical Corporation (OTC:CONX) (BULLETIN BOARD: CONX) , a worldwide
developer and marketer of diagnostic test kits, has received
notification of U.S. Patent Office approval for technology to which
Corgenix holds exclusive worldwide licensing rights outside of
Japan. The technology is incorporated in the Company's AtherOx(R)
product group, a next-generation technology to identify individuals
at risk for developing atherosclerotic cardiovascular disease. U.S.
Patent # 7,422,864 was issued September 9, 2008. The patent Method
for Measuring Oxidized LDL-CRP Complex and Measurement Kit,
describes the binding of oxidized low-density lipoprotein (oxLDL)
with C-reactive protein (CRP) resulting in oxLDL/CRP (CRP-AtherOx)
complex formation, and the immunoassay method for measuring these
complexes in blood. CRP is an inflammatory protein that has been
associated with risk of cardiovascular disease. High levels of CRP
can be found in many inflammatory and infectious disorders, but
oxLDL/CRP complexes were more specific and predictive of
atherosclerotic cardiovascular disease (Tabuchi et al. J Lipid Res
2007; 48:768-781). The latest patent adds to previous U.S. patents
(# 5,900,359 issued May 4, 1999, Method for Determination of
Oxidized Lipoproteins and Use Thereof, and # 7,160,733 issued
January 9, 2007, Ligand Specific to B2-glycoprotein I and Use
Thereof. These patents described the specific interaction of
B2-glycoprotein I with the oxidized form of low-density lipoprotein
(oxLDL) leading to the formation of oxLDL/B2-glycoprotein I
complexes (AtherOx). This interaction does not occur with the
native or non-oxidized form of LDL. An immunoassay for the
detection of the complexes was described which provides the basis
for the AtherOx(R) test kits. Douglass Simpson, President and CEO
of Corgenix said, "We are very pleased to announce this important
addition to our IP portfolio. We have one product already cleared
by the FDA and several products in the later stages of the
development pipeline with FDA submission expected in the next year
or so. Since cardiovascular disease is one of the world's leading
causes of death, the early detection of atherosclerosis has become
increasingly important, and we are optimistic about our ability to
serve this significant market." In all countries where the use of
products employing this technology have not been cleared, the
products shall not be used for diagnostic use as the performance
characteristics have not been established. About AtherOx(R) The
AtherOx(R) technology utilizes oxidized low-density-lipoprotein
(oxLDL) complexed with the plasma protein B2GPI. Although oxLDL has
been implicated in cardiovascular disease, according to results
published in the Annals of N.Y. Academy of Science (2007),
determination of oxLDL/.2GPI complexes, rather than oxLDL alone,
may be a more physiologic and accurate way of assessing the risk of
progressive atherosclerotic cardiovascular disease in individuals
with systemic lupus erythematosus and lupus-like disorders.
Corgenix licensed this technology in 2002, and is developing
additional products utilizing this unique platform. In addition to
the three U.S. patents which have been issued, several others are
pending. About Corgenix Medical Corporation Corgenix is a leader in
the development and manufacturing of specialized diagnostic kits
for vascular diseases, immunology disorders, and bone and joint
disorders, including the world's only non-blood-based test for
aspirin effect. Corgenix diagnostic products are commercialized for
use in clinical laboratories throughout the world. The company
currently sells over 52 diagnostic products through a global
distribution network. More information is available at
http://www.corgenix.com/. Statements in this press release that are
not strictly historical facts are "forward looking" statements
(identified by the words "believe", "estimate", "project", "expect"
or similar expressions) within the meaning of the Private
Securities Litigation Reform Act of 1995. These statements
inherently involve risks and uncertainties that could cause actual
results to differ materially from the forward-looking statements.
Factors that would cause or contribute to such differences include,
but are not limited to, continued acceptance of the Company's
products and services in the marketplace, competitive factors,
changes in the regulatory environment, and other risks detailed in
the Company's periodic report filings with the Securities and
Exchange Commission. The statements in this press release are made
as of today, based upon information currently known to management,
and the Company does not undertake any obligation to publicly
update or revise any forward-looking statements. DATASOURCE:
Corgenix Medical Corporation CONTACT: William Critchfield, Senior
VP and CFO of Corgenix Medical Corporation, +1-303-453-8903, Fax,
+1-303-453-8898, ; or Media, Dan Snyders, Vice President, Public
Relations Supervisor of Armada Medical Marketing, +1-303-623-1190,
ext. 230, Fax, +1-303-623-1191, , for Corgenix Medical Corporation
Web site: http://www.corgenix.com/
Copyright