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Lazarus Effect Receives Notice of Allowance for New US Patent Covering Core Protection Technology

CAMPBELL, Calif., July 24, 2014 /PRNewswire/ -- Lazarus Effect, a medical device company focused on the development of novel interventional devices to facilitate removal of blood clots, announced today that the United States Patent and Trademark Office has issued a new patent (U.S. Patent Number 8,795,305) covering core technology behind the company's Lazarus CoverTM and ReCoverTM devices.

The Lazarus ReCover is a single-component stent-retriever (stentriever) with an integrated, novel, cover-based protection mechanism integrated onto the device. It is designed to cover and protect thrombus and to prevent loss of emboli during thrombectomy (clot removal) procedures. The Lazarus Cover is a unique, nitinol mesh cover that can be used with a variety of available retriever devices (including stentrievers) to protect the captured contents against loss during removal from the blood vessel.   

"This latest patent provides strong protection for Lazarus Effect technology that covers and protects captured content during retrieval procedures," said Martin Dieck, chairman and CEO, Lazarus Effect. "This patent will be a cornerstone in a series of Lazarus Effect patents relating to protected - and therefore improved - retrieval procedures."

The issued patent adds to the comprehensive patent portfolio Lazarus Effect has been building. The company currently has five issued US patents and numerous pending US and worldwide patent applications, including a patent issued in May 2014 covering additional technology related to the removal of clots in the brain. The Lazarus ReCover device has CE Mark for use in Europe. The Lazarus Cover device is pending CE Mark. Neither device is approved for sale in the United States.

About Lazarus Effect

Lazarus Effect is developing a complete portfolio of vascular-device products, including several to treat ischemic stroke, based on a patented, wire-frame technology platform.

Forward-looking Statements

Statements contained in this press release about Lazarus Effect, Inc. that are not purely historical, and all other statements that are not purely historical, may be deemed to be forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Without limiting the foregoing, the words "believes," "anticipates" and "expects" and similar expressions, are intended to identify forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties that may cause the Company's actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by these forward-looking statements. Important factors that may cause or contribute to such differences include changes in market or financial conditions, and other changes beyond the control of the Company. The Company specifically disclaims any obligation to update these forward-looking statements.

SOURCE Lazarus Effect
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