Navigation Links
BioDrain Medical, Inc. Is Eligible for Trading on the OTCBB, Notice of Allowance on Canadian Patent Application

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

For additional requests, please visit:

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:
(Date:6/24/2016)... , June 24, 2016  Collagen Matrix, ... design, development and manufacturing of collagen and mineral ... announced today that Bill Messer has ... Marketing to further leverage the growing portfolio of ... devices. Bill joins the Collagen Matrix ...
(Date:6/24/2016)... DUBLIN , June 24, 2016 ... and Markets has announced the addition of the ... their offering. ... products and provides an updated review, including its applications ... covering the total market, which includes three main industries: ...
(Date:6/24/2016)... June 24, 2016 Dehaier Medical Systems Ltd. ... which develops, markets and sells medical devices and wearable ... signed a strategic cooperation agreement with Hongyuan Supply Chain ... Chain") on June 20, 2016, to develop Dehaier,s new ... cooperation agreement, Dehaier will leverage Hongyuan Supply Chain,s sales ...
Breaking Medicine Technology:
(Date:6/24/2016)... Fla. (PRWEB) , ... June 24, 2016 , ... Global ... Trend magazine’s 2016 Legal Elite. The attorneys chosen by their peers for this recognition ... Florida. , Seven Greenberg Traurig Shareholders received special honors as members of this year’s ...
(Date:6/24/2016)... ... , ... Comfort Keepers® of San Diego, CA is excited to announce they ... to drive cancer patients to and from their cancer treatments. Comfort Keepers provides ... life and ongoing independence. Getting to and from medical treatments is one of ...
(Date:6/24/2016)... ... June 24, 2016 , ... People across the U.S. are sharpening their pencils ... an essay contest in which patients and their families pay tribute to a genetic ... 2016 National Society of Genetic Counselors (NSGC) Annual Education Conference (AEC) this September. ...
(Date:6/24/2016)... ... 24, 2016 , ... The Haute Beauty Network, affiliated with ... as a prominent plastic surgeon and the network’s newest partner. , Dr. ... handsome men, look naturally attractive. Plastic surgery should be invisible.” He stands by ...
(Date:6/24/2016)... ... 24, 2016 , ... Strategic Capital Partners, LLC (SCP) in ... investment capital for emerging technology companies. SCP has delivered investment events and ... more than a million dollars of capital investment for five companies. ...
Breaking Medicine News(10 mins):