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Everist Genomics Announces Acquisition of Angiologix, Inc.
Date:10/31/2011

e of a segment of the BA in response to a temporary occlusion of the artery.  The AngioDefender test is much easier to perform than brachial artery ultrasound--the entire test can be conducted and results reported in about 15 minutes by a physician or technician--and the device will achieve a cost-savings of more than 80% when compared with brachial artery ultrasound.  Importantly, several multinational studies have shown AngioDefender to correlate with Brachial Artery Ultrasound in measuring FMD. (5)

"Our AngioDefender device has the potential to be a major advance in diagnosing and treating early stage atherosclerosis and CVD," said Prasad Sunkara, Ph.D., Chief Executive Officer of Everist Genomics.  "AngioDefender has been successfully validated in several multinational studies demonstrating its accuracy and reliability in assessing endothelial function through measurement of FMD. This innovative diagnostic reflects Everist Genomics commitment to developing and commercializing high-value prognostic testing technologies that have the potential to create substantial improvements in clinical outcomes while also reducing healthcare costs," he added.

Further describing the financial benefits of AngioDefender, Dr. Sunkara explained that if the device resulted in only a 1% reduction in the number of people developing advanced CVD, the annual savings would be enough to recover the total cost of performing the test on 20 million Americans every year and would generate an additional $1.03 billion in annual cost savings to the healthcare system.  

"The medical community has been struggling for years to find diagnostic and treatment solutions for cardiovascular disease that improve patient outcomes in a way that is fiscally sustainable," said Dr. Sunkara. "By identifying the disease in its earliest stage, when it is most responsive to therapy and life-style modification, tests that assess endothelial function may provide the ability t
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SOURCE Everist Genomics
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