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Accumetrics Announces $16.5M in New Capital Financing
Date:10/6/2009

SAN DIEGO, Oct. 6 /PRNewswire/ -- Accumetrics, Inc., developer and marketer of the VerifyNow® System, the first rapid and easy-to-use diagnostic system for measuring an individual's response to multiple antiplatelet agents, announced today that it has completed a round of financing that will raise $16.5 million in new capital. The capital infusion, which will fully finance the company into 2011, came from the company's existing investors, including Arnerich Massena, BBT Fund/Apothecary Capital, Essex Woodlands Health Ventures, Kaiser Permanente Ventures and RiverVest Venture Partners.

Accumetrics' VerifyNow System helps physicians assess their patients' response to life-saving antiplatelet therapies, such as aspirin, Plavix®, Effient(TM) and GP IIb/IIIa inhibitors. Patients respond to antiplatelet medications differently; patients with impaired response may be at significantly greater risk for death, heart attack or stroke(1-4). The VerifyNow System helps physicians rapidly determine an individual patient's response to his or her therapy, without the usual time lag for laboratory analysis. Doctors use this information to ensure their patients are receiving the optimal treatment. Over 80 million people in the U.S. have heart disease(5), 50 million are on chronic aspirin therapy(6), and more than 25 million prescriptions are written annually for Plavix, the second largest selling drug worldwide(7).

"We have an outstanding group of investors who believe in our technology and our market opportunity and are encouraged by the execution of our 2009 plan. We look at 2010 as a breakthrough year for Accumetrics, and are pleased to be very well capitalized as we enter this important period in our history," said Timothy I. Still, President and CEO of Accumetrics.

Tony Arnerich, Accumetrics' Chairman of the Board and the largest shareholder in Accumetrics, stated, "This is a very effective management team, and we view the
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SOURCE Accumetrics, Inc.
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