Medifocus, Inc. Announces FDA PMA Supplement Approval for New Labeling Based on Successful Completion of FDA Post Approval St...
03 Dezember 2018 - 3:10PM
Medifocus, Inc. (OTCQB: MDFZF and TSXV: MFS), a biotechnology
company with a portfolio of medical technologies utilizing Focused
Microwave Heat Activation to treat conditions ranging from
Prostatic pathologies to Breast Cancer treatment, announced that on
November 21, 2018, the FDA had approved a PMA (Post Market
Approval) Supplement for new labeling based on the results of our
Post Approval Study (PAS). The study involved 225 men with Benign
Prostatic Hyperplasia (BPH) treated using the Prolieve® system. The
Prolieve® Transurethral ThermoDilatation™ Therapy (TUTD™) offers a
unique "Thermodilatation" treatment for BPH. Prolieve® is the only
patented and FDA approved Thermodilatation device on the
market. It is a combination therapy simultaneously using
Focused Microwave Heating together with Pressurized Balloon
Dilatation therapy.
BPH is a medical condition resulting in
enlargement of the prostate gland and affects over about 50% of all
men over the age of 50. The unique combination treatment is a
45-minute, in-office, outpatient procedure which is performed and
well-tolerated under local anesthesia. Patients do not require a
post treatment foley catheter about 90% of the time in contrast to
the other invasive or even minimally invasive treatment
options. Additionally, the majority of patients experience
significant and immediate relief of their BPH symptoms. With the
approval of this PMA Supplement for new labeling, Medifocus Inc.
can officially claim durable and lasting clinical benefits for at
least 5 years of follow-up.
Dr. William Jow, President and CEO of Medifocus
stated, “The successful completion of the 5 year follow-up FDA PAS
and the approval of the PMA Supplement labeling are significant
milestones and achievements to enable Medifocus to rebrand
Prolieve® as the only FDA approved Transurethral ThermoDilatation™
Microwave Therapy (TUTD™) BPH treatment system with proven
excellent short-term and long-term clinical benefits. As a
practicing urologist, I am delighted that other approved key
findings of the PAS include stabilization of PSA (Prostate-specific
antigen) serum levels and Prostate Sizes during the entire 5 years
of follow-up. It implies that the Prolieve® treatment may
help Prevent the Natural Progression of BPH and even Early Prostate
Cancer for select patients. Further studies may need to be
performed; however, these preliminary findings may lessen the need
for repeated future prostate biopsy which are not only costly but
also risky and painful. Such findings can also allay the
anxiety of the aging men who normally anticipate rising PSA serum
levels.” He added, “Many patients elected to undergo
Prolieve® treatment because they were not happy with or failed drug
therapies and/or desired not to have a more invasive treatment like
laser or surgery. They have found Prolieve® an excellent,
safe and effective treatment alternative for their symptomatic
BPH. The PAS also reported an exceedingly low incidence of
sexual side effects comparable to those of an age-matched cohort
followed over time – an observation commonly shared by me and many
of my colleagues.”
“Since Medifocus purchased the Prolieve®
technology platform from Boston Scientific in July of 2012, with a
limited sales budget, the Company has been able to increase the
Prolieve® user base mostly in private Urology offices.
Greater than 100,000 Prolieve® treatments has been performed
thus far in the U.S. alone. With an expected growth in
international sales of Prolieve®, we anticipate making Prolieve®
the initial Treatment of Choice for men with BPH who seek
symptomatic relief beyond pharmacologic interventions worldwide,”
said Dr. Jow.
About the Prolieve® Thermodilatation™
System
The Prolieve® Thermodilatation™ System offers
potential relief to the millions of men who suffer from Benign
Prostatic Hyperplasia (BPH), a condition that becomes common as men
age. About half of men over 50 have some enlargement of the
prostate gland, and this rises to about 90% among those over 70. As
the prostate enlarges, it constricts the urethra, thereby
restricting the passage of urine. Persistent restriction and
further progression of BPH, if left untreated, often results in
worsening of lower urinary tract symptoms (LUTS). Further
complications of this process may result in urinary retention,
bladder stones and infection, as well as compromised bladder and
kidney function.
The Prolieve® System is a novel focused heat
therapy which utilizes a unique combination of focused heat energy
directed at the prostate in combination with a patented, water
cooled and pressurized dilatation balloon to achieve immediate and
long-term relief of BPH symptoms with very minimal treatment
related side effects after a brief in-office procedure performed
under local anesthesia. The unique advantage of this combined "heat
plus compression" therapy is twofold: first, the heat denatures
local tissue proteins of the (balloon) dilated urethra, resulting
in an expanded and stiffened urethral lumen functioning as a
biological stent. Second, the compression reduces local blood flow
thus increasing the thermal efficiency of the microwave energy to
achieve apoptosis and tissue ablation in the targeted prostate
gland. As the transurethral microwave energy is applied to the
entire prostate, a computerized feedback system involving the
rectal temperature probe renders the rectal temperature not to
exceed 41-42 ◦C, thus ensuring safety of the rectal wall and
neurovascular bundles essential to preservation of erectile
function.
About Medifocus, Inc.:
Medifocus, Inc. (TSXV-MFS, OTC-MDFZF) is a
Biotechnology Company with a portfolio of medical technologies that
utilize patented Focal Thermal Technology to treat conditions
ranging from Prostate Diseases to Breast Cancer. Its Prolieve®
Thermodilatation™ System offers symptomatic relief to men with
Benign Prostatic Hyperplasia (BPH) through a simple, fast,
in-office treatment. Prolieve® is both FDA and Medicare approved
for treating symptomatic BPH with over 100,000 cases performed in
the U.S. alone, and with proven long-term safety, efficacy and
durability. Its APA 1000 Breast Cancer Treatment System was
licensed from Massachusetts Institute of Technology and developed
by the Medifocus team. The Targeted Focal Thermotherapy has been
demonstrated in Phase 2 clinical trials to offer significantly
better tumor shrinkage in patients treated with the combined
Chemothermal therapy compared those treated with Chemotherapy
alone. APA 1000 was also shown to be effective in reducing margin
positivity among patients treated with such thermotherapy prior to
lumpectomy.
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
For more details, please visit:
www.medifocusinc.com
www.prolieve.com
www.facebook.com/pages/Medifocus-Inc-Company-Page/546315028715627
Company Relations: Medifocus, Inc. Tel:
410-290-5734 Email to info@medifocusinc.com
Forward-Looking StatementsThis
news release contains “forward-looking statements” and
“forward-looking information”, which may not be based on historical
facts. Forward-looking statements and forward-looking information,
include, but are not limited to, information and statements with
respect to the benefit to Medifocus’ future growth resulting from
the acquisition of additional intellectual property rights,
additional treatment possibilities and the expectation that sales
from Prolieve® may accelerate as a consequence. Forward-looking
statements are frequently characterized by words such as “plan,”
“expect,” “project,” “intend,” “believe,” “anticipate”, “estimate”
and other similar words, or statements that certain events or
conditions “may” or “will” occur. Forward-looking statements are
based on the opinions and estimates of management at the date the
statements are made. Such forward-looking statements and
forward-looking information involve known and unknown risks,
uncertainties and other factors that may cause the actual results
events or developments to be materially different from any future
results, events or developments expressed or implied by such
forward-looking statements or forward-looking information. These
factors should be considered carefully and readers are cautioned
not to place undue reliance on such forward-looking statements and
forward-looking information. Except as required by applicable
securities laws, the Company disclaims any obligation to update any
such factors or to publicly announce the results of any revisions
to any of the forward-looking statements or forward-looking
information contained herein to reflect future results, events or
developments.Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
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