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CryoLife Completes Acquisition of Hemosphere
Date:5/16/2012

Graft may not continue to experience expanding reimbursement rates in the U.S., and if patients are not able to receive reimbursement from their insurance providers for this product, sales could be materially impacted.  HeRO Graft may not continue to provide the anticipated medical benefits.  If the medical profession and patients do not perceive HeRO Graft to be a safe and effective product, our sales would be materially impacted and we may experience lawsuits as a result.  Our plans with respect to the allocation of future resources to the development and growth of HeRO Graft sales are subject to change at the discretion of management based on CryoLife's business needs at the time.  Any of these risks could cause the financial impact of the acquisition to be less advantageous than currently anticipated.  These risks and uncertainties include the risk factors detailed in our Securities and Exchange Commission filings, including our Form 10-K for the year ended December 31, 2011.  CryoLife does not undertake to update its forward-looking statements.

For additional information about the company, visit CryoLife's website: www.cryolife.com.

Contacts:


CryoLife

D. Ashley Lee

Executive Vice President, Chief Financial Officer

 and Chief Operating Officer

Phone: 770-419-3355

The Ruth Group

Nick Laudico / Zack Kubow

646-536-7030 / 7020

nlaudico@theruthgroup.com

zkubow@theruthgroup.com

 


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SOURCE CryoLife, Inc.
Copyright©2010 PR Newswire.
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