Navigation Links
BioDrain Medical, Inc. Is Eligible for Trading on the OTCBB, Notice of Allowance on Canadian Patent Application
Date:1/5/2011

MINNEAPOLIS, Jan. 5, 2011 /PRNewswire/ --BioDrain Medical, Inc. (OTC Bulletin Board: BIOR), producer of the FDA cleared Streamway™ system for automated surgical fluid disposal, announced today it is eligible for trading on the Over The Counter Bulletin Board (OTCBB).

The company was admitted to the OTCBB early in 2010 but lost this eligibility as a result of their OTCBB market maker going out of business.  For the last several months the stock has continued to trade on the OTC Pink Markets, in the OTCQB segment, and will continue to trade in the OTC Pink Markets as well as the OTCBB.  "We are pleased to be re-admitted to the OTCBB," said Kevin Davidson, CEO of BioDrain Medical. "We believe this is a positive development for our investors as it expands the number of broker/dealers who will process trades and potentially increase the liquidity in our stock."

The company also announced they had received a Notice of Allowance for their Streamway system from the Canadian patent office and expect the Canadian patent to be issued in the near future.  "We continue to invest in expanding our intellectual property portfolio both in the United States and in foreign markets.  The technology inherent in our Streamway system is a differentiating advantage for us," said Kevin Davidson.

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 approximately 30 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


'/>"/>
SOURCE BioDrain Medical, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. Audax Medical, Inc. Receives Therapeutic Discovery Grant for Development of Regenerative Bone Material
2. Audax Medical, Inc. Secures Exclusive Rights to Novel Osteobiologic Nanotechnology
3. Prescient Medical, Inc. Presenting at the 5th Annual Canaccord Genuity Cardiovascular Conference
4. Cayenne Medical, Inc. Reaches 50,000 Implant Milestone
5. A Platform Technology to Address Bioterrorism Released by Aethlon Medical, Inc.
6. China Medical Technologies Announces its Subsidiary, GP Medical, Ranked Sixth in Deloitte Technology Fast 50 China 2010 Program
7. China Sky One Medical, Inc. Reports Outcome of Annual Meeting of Shareholders
8. Nonin Medical, Inc. Announces Capnography Division Name Change; Expands Swedish Manufacturing Facility to Become Full-Franchise European Sales, Distribution and Service Center
9. CSA Medical, Inc. Announces 75th Customer
10. Len DeBenedictis Retires as Chief Technology Officer of Solta Medical, Inc.
11. BlueDot Medical, Inc. Named to 2010 Inc. 500/5000
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/12/2017)... , Oct. 12, 2017 West ... in innovative solutions for injectable drug administration, today announced ... the market opens on Thursday, October 26, 2017, and ... results and business expectations at 9:00 a.m. Eastern Time. ... or 253-336-8738 (International). The conference ID is 94093362. ...
(Date:10/11/2017)... 11, 2017  True Health, a leader in ... effort during National Breast Cancer Awareness month to ... Research recently ... that more than 10 million American women are ... BRCA1 or BRCA2 and have not had testing. These ...
(Date:10/10/2017)... 2017   West Pharmaceutical Services, Inc. (NYSE: ... drug administration, today shared the results of a study ... the intradermal administration of polio vaccines. The study results ... May 2017 by Dr. Ondrej Mach , Clinical ... Organization (WHO), and recently published in the journal ...
Breaking Medicine Technology:
(Date:10/13/2017)... ... 13, 2017 , ... Coveros, a leader in agile coaching ... contract by the Center for Medicare and Medicaid Services (CMS). The Enterprise Agile ... of Agile methodologies in a consistent and high value manner across CMS programs. ...
(Date:10/13/2017)... ... ... “America On The Brink”: the Christian history of the United States and ... of published author, William Nowers. Captain Nowers and his wife, Millie, have six ... years in the Navy. Following his career as a naval aviator and carrier ...
(Date:10/12/2017)... CA (PRWEB) , ... October 12, 2017 , ... ... Cheng, are now treating sleep apnea using cutting-edge Oventus O2Vent technology. ... a serious sleep disorder characterized by frequent cessation in breathing. Oral appliances can ...
(Date:10/12/2017)... ... October 12, 2017 , ... The company has ... today’s consumer and regulatory authorities worldwide. From Children’s to Adults 50+, every formula ... the highest standard. , These products are also: Gluten Free, Non-GMO, Vegan, ...
(Date:10/12/2017)... MD (PRWEB) , ... October 12, 2017 , ... The ... of Excellence to Carol Friedman, PhD, FACMI, during the Opening Session of AMIA’s Annual ... – 8. , In honor of Morris F. Collen, a pioneer in the field ...
Breaking Medicine News(10 mins):