NEW YORK, Aug. 15, 2011 /PRNewswire/ -- Delcath Systems, Inc. (NASDAQ: DCTH) announced that the Company recently hosted a symposium at the Interventional Radiology and Endovascular Surgery Society Meeting (SOBRICE) in Buzios, Brazil. The session, titled "Chemosaturation PHP – A New Evidenced-Based Technology for the Treatment of Liver Tumors," was held on Wednesday, August 10, 2011, and featured a presentation by Delcath's Executive Vice President of Research and Development and Chief Medical Officer, Krishna Kandarpa, MD, PhD.
Moderated by conference chairman Dr. Ricardo Pinto, the symposium also featured presentations from clinical leaders in interventional oncology. Dr. Riccardo Lencioni, Associate Professor of Radiology and Head of Diagnostic Imaging and Intervention in the Department of Liver Transplantation, Hepatology and Infectious Diseases of the University of Pisa, led a discussion titled, "Evolution of Liver Directed Cancer Therapies." In addition, Dr. Nestor Kisilevzky, a past President of the Brazilian Society of Interventional Radiology and a key interventional radiology opinion leader in Brazil and Latin America, presented, "Potential Applications of Chemosaturation PHP in Brazil and Latin America." The symposium was well attended and generated a robust discussion among the over 120 participating clinicians.
"SOBRICE was attended by a broad audience of clinical experts from Latin America and around the world, and offered an excellent forum for discussing promising therapies like our chemosaturation system," said Mr. Kandarpa. "We believe the strong attendance at our symposium reflects the potential that the global clinical community sees in chemosaturation for the treatment of unresectable cancer tumors in the liver."
About Delcath SystemsDelcath Systems, Inc. is a development stage specialty pharmaceutical and medical device company focused on oncology. Delcath's proprietary system for chemosaturation is designed to administer high dose chemotherapy and other therapeutic agents to diseased organs or regions of the body, while controlling the systemic exposure of those agents. The Company's initial focus is on the treatment of primary and metastatic liver cancers. In 2010, Delcath concluded a Phase III metastatic melanoma study, and the Company recently completed a multi-arm Phase II trial to treat other liver cancers. The Company obtained authorization to affix a CE Mark for the Hepatic CHEMOSAT delivery system in April 2011. The Company has not yet received FDA approval for commercial sale of its system in the United States. For more information, please visit the Company's website at http://www.delcath.com/.
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made by the Company or on its behalf. This news release contains forward-looking statements, which are subject to certain risks and uncertainties that can cause actual results to differ materially from those described. Factors that may cause such differences include, but are not limited to, uncertainties relating to the time required to build inventory and establish commercial operations in Europe, adoption, use and resulting sales, if any, for the Hepatic CHEMOSAT delivery system in the EEA, our ability to successfully commercialize the chemosaturation system and the potential of the chemosaturation system as a treatment for patients with terminal metastatic disease in the liver, acceptability of the Phase III clinical trial data by the FDA, our ability to address the issues raised in the Refusal to File letter received from the FDA and the timing of our re-submission of our NDA, re-submission and acceptance of the Company's NDA by the FDA, approval of the Company's NDA for the treatment of metastatic melanoma to the liver, adoption, use and resulting sales, if any, in the United States, approval of the current or future chemosaturation system for other indications, actions by the FDA or other foreign regulatory agencies, our ability to obtain reimbursement for the CHEMOSAT system, our ability to obtain regulatory approval in foreign markets and adoption and use of the chemosaturation system in such markets, our ability to successfully enter into distribution and strategic partnership agreements in foreign markets and the corresponding revenue associated with such foreign markets, uncertainties relating to the results of research and development projects and future clinical trials, and uncertainties regarding our ability to obtain financial and other resources for any research, development and commercialization activities. These factors, and others, are discussed from time to time in our filings with the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements, which speak only as of the date they are made. We undertake no obligation to publicly update or revise these forward-looking statements to reflect events or circumstances after the date they are made.Contact Information:Investor Contact:
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Janine McCargoEVC Group
|SOURCE Delcath Systems, Inc.|
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