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

VerifyNow platform as a breakthrough technology in one of the most important remaining areas of cardio-diagnostics. We felt it was very important to ensure the financial stability necessary to allow this excellent team to execute on their ambitious business plan."

The capital will be funded in two closing transactions, with the first in 2009 and the second in 2010. Accumetrics reported that these proceeds will fund the completion of a number of key milestones planned for 2010 including expanded claims for existing products, new product development and continued expansion of its commercialization efforts both internationally and within the United States.

About Accumetrics (www.accumetrics.com)

Accumetrics is committed to advancing medical understanding of platelet function and enhancing quality of care for patients receiving antiplatelet therapies by providing industry-leading and widely accessible diagnostic tests for rapid platelet function assessment.

Accumetrics' VerifyNow System is the first rapid and easy to use platform to help physicians determine an individual's response to multiple antiplatelet agents. Addressing every major antiplatelet drug, including FDA-cleared products for aspirin, P2Y12 inhibitors (e.g. prasugrel (Effient) and clopidogrel (Plavix)), and GP IIb/IIIa inhibitors (e.g. ReoPro® and Integrilin®), the VerifyNow System provides a valuable tool to help physicians make informed treatment decisions.

    (1)  Patti, G. et al. J Am Coll Cardiol. 2008; 52:1128-33.
    (2)  Marcucci, R. et al. Circulation. 2009;119(2):237-42.
    (3)  Cuissett, T. et al. Am J Cardiol;2008 Jun 15;101(12):1700-3.
    (4)  Price, MJ. et al. Eur Heart J. 2008 Apr;29(8):992-1000.
    (5)  American Heart Association and American Stroke Association. 2008.
    (6)  Pignone,  M. et al.  Am J Prev Med 2007;32(5):403-407.
    (7)  WSJ. Jan
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SOURCE Accumetrics, Inc.
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