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Delcath Announces Agreement With European Institute of Oncology for Initial Launch of Hepatic Chemosat Delivery System in the European Union
Date:11/21/2011

NEW YORK, Nov. 21, 2011 /PRNewswire/ -- Delcath Systems, Inc. (NASDAQ: DCTH) announced today that the Company has entered into an initial launch and training agreement for the Delcath Hepatic CHEMOSAT® Delivery system with the European Institute of Oncology (Instituto Europeo di Oncologia---IEO), a premier European cancer treatment and research center located in Milan, Italy. Under the terms of the agreement, the Company will provide the IEO with logistics and clinical training support in the performance of chemosaturation therapy using the CHEMOSAT system. The Company expects to conduct the training using the Generation Two version of the CHEMOSAT system, pending CE Mark approval. Training at the IEO is expected to begin in January 2012 and upon completion, the IEO will be among the first cancer centers to commercially utilize the CHEMOSAT system to treat patients in the European Union.

Dr. Alessandro Testori, a surgical oncologist and Director of the Division of Melanoma and Skin-Muscle Sarcoma at the IEO, said, "Our team is excited to be among the first cancer centers in Europe to begin using the CHEMOSAT system. The significant clinical research demonstrates a clear benefit to patients with melanoma liver metastases and potentially other tumor-types as well. We're eager to begin providing therapy to our patients suffering from melanoma and other metastases in the liver and exploring the potential that the newest generation product from Delcath provides."  

"This agreement represents a major milestone in the development of our CHEMOSAT system, and marks the beginning of commercialization in the European Union," said Eamonn P. Hobbs, President & CEO of Delcath Systems. "After years of clinical research and development, CHEMOSAT will soon be available to patients. We're pleased that our first launch and training agreement is with such
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