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ATS Medical Announces Second Quarter 2009 Results
Date:8/3/2009

valve.
  • In July 2009, the Company submitted the clinical module of its CE Mark submission for the ATS 3F Enable sutureless tissue valve designed to enable minimally invasive aortic valve replacement. The Company expects CE Mark approval in the second half of 2009.
  • Heart Valve Repair

    • Heart valve repair revenue in the second quarter of 2009 was $1.2 million, an increase of 54% compared to the second quarter of 2008.
    • The Company received regulatory approval of the Simulus semi-rigid band in the second quarter. The semi-rigid band expands the Company's annuloplasty repair product portfolio to meet broader clinical applications. The Company plans to launch at least one additional repair product in the second half of 2009.

    Surgical Ablation

    • Cryoablation revenues of $4.7 million in the second quarter of 2009 increased 8% over second quarter of 2008.
    • In July 2009, the Company announced the first use of the new CryoMaze(TM) 10-S Surgical Cryoablation Probe, which offers increased support throughout the length of the ablation segment. The increased rigidity of the probe addresses the preference of some surgeons to have a cryoablation probe with the feel of a more substantial surgical instrument. The ATS CryoMaze 10-S Probe has optimal shape retention while remaining distinctly malleable by hand. This combination of attributes makes the probe particularly useful in minimally invasive cardiac arrhythmia procedures.
    • Full release of the ATS CryoMaze 10-S Probe in the U.S. will be in August, 2009.

    "We continue to be encouraged by the performance of our new product introductions and progress within our R&D pipeline," commented Mr. Dale. "Looking ahead over the next twelve months we expect to continue the expansion of our market po
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    SOURCE ATS Medical, Inc.
    Copyright©2009 PR Newswire.
    All rights reserved

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