MINNEAPOLIS, March 29, 2011 /PRNewswire/ -- BioDrain Medical,
Inc. (OTC Bulletin Board: BIOR), producer of the FDA cleared
Streamway™ System for automated surgical fluid disposal, announced
today that it has completed the installation of its patented
Streamway™ System in a large Minnesota Hospital. The hospital
has now completed several procedures utilizing the Streamway System
and the clinical benefits, user friendliness and efficiency aspects
of the System have already been acknowledged.
The Streamway™ System received FDA clearance in April of 2009
and has since been run in over 100 live operations as part of the
Company's product launch phase. As the system has been
increasingly tested and used by various healthcare facilities, it
has proven to offer a more effective and economical means for
safely disposing potentially infectious fluids in operating rooms.
"Due to the rapidly increasing market need for enhanced safety
and compliance to Occupational Safety and Health Administration
(OSHA) standards in the operating room, more and more hospitals are
now leaning towards our innovative solutions to efficiently update
their facilities," said Kevin
Davidson, President of BioDrain Medical. He continued, "We
are extremely excited about the installation in this Minnesota hospital and look forward to
additional opportunities that may develop from this and other new
relationships."
About BioDrain Medical, Inc.
BioDrain Medical, Inc. has a fully automated, patented, FDA
cleared, surgical fluid management system that virtually eliminates
operating room workers' exposure to blood, irrigation fluid and the
related germs, viruses and diseases that are potentially found in
the surgical environment. Today's manual surgical fluid
handling methods of hand-carrying filled surgical fluid canisters
and emptying these canisters is an exposure risk and an antiquated
approach to the handling of surgical fluid waste. BioDrain's
Streamway™ system fully automates the collection, measurement and
disposal of surgical fluids resulting in: 1) reducing overhead
costs to hospitals and surgical centers, 2) improving the
Occupational State and Health Association (OSHA) and other
regulatory compliance, and 3) improving the efficiency of the
operating room (and thereby making surgeries more profitable).
BioDrain's Streamway System is eco-friendly as it contributes to
cleaning up the environment. Currently, approximately 50 million
bloody, potentially disease infected, canisters go to landfills
annually in the United States.
These tainted canisters can remain in landfills for years to come.
With the installation of BioDrain's Streamway system, the
number of canisters can be significantly reduced. BioDrain
Medical, Inc. makes the operating room and our environment safer,
cleaner, and better. BioDrain products are currently being
represented by independent professional sales representatives that
cater to the needs of hospitals and ambulatory surgical centers
across the country. Learn more about BioDrain Medical, Inc.
by visiting www.biodrainmedical.com.
For additional requests, please visit:
http://www.biodrainmedical.com/contact.php
Forward-looking Statements:
Certain of the matters discussed in this announcement contain
forward-looking statements that involve material risks to and
uncertainties in the Company's business that may cause actual
results to differ materially from those anticipated by the
statements made herein. Such risks and uncertainties include, among
other things, our ability to establish and maintain the proprietary
nature of our technology through the patent process, as well as our
ability to possibly license from others patents and patent
applications necessary to develop products; the availability of
financing; the Company's ability to implement its long range
business plan for various applications of its technology; the
Company's ability to enter into agreements with any necessary
marketing and/or distribution partners; the impact of competition,
the obtaining and maintenance of any necessary regulatory
clearances applicable to applications of the Company's technology;
and management of growth and other risks and uncertainties that may
be detailed from time to time in the Company's reports filed with
the Securities and Exchange Commission. This is not a solicitation
to buy or sell securities and does not purport to be an analysis of
the Company's financial position. See the Company's most recent
Quarterly Report on Form 10Q and related 8-K filings.
SOURCE BioDrain Medical, Inc.