Navigation Links
Life Care Medical Devices Ltd Announces CE Mark And Planned Commercialization For Laparoscopic Surgery Access Device

NEW YORK, April 24, 2013 /PRNewswire/ -- Life Care Medical Devices Ltd (OTCBB: LCMD) today announced the issuance in August 2012 of CE mark for its Keyhole Cup Laparoscopic Access Device.  Keyhole Cup addresses a critical need in the laparoscopic surgery market (one of the largest medical procedure markets) and was developed to advance the standard of care for laparoscopic access.

The initial surgical access to the abdominal region of the body has been, to date, a fully manual procedure involving either a veress needle or a cut down procedure known as the Hassan technique.  These techniques, while effective, are labor and time intensive and contain an element of risk in that the instruments used in these are introduced into the abdominal cavity without an element of visualization.  This lack of visualization carries with it inherent risk of injury to organs lying beneath the abdominal wall such as the intestines.  Through the application of negative pressure to the dome shaped Keyhole Cup device, the abdominal wall is separated from the underlying organs allowing for a safe and rapid entry of a veress needle for the introduction of inert gas and resulting insufflation of the abdomen followed by surgical intervention.

"While surgical equipment advances and technique improvement have been an integral part of the development of the laparoscopic surgery market, the initial first step of access to the abdominal cavity has remained static," said Glenn Foley , Chief Executive Officer of Life Care Medical Devices Ltd.  "Our Keyhole Cup Laparoscopic Surgery Access Device gives the surgeon a method for rapid, consistent, and safe access to the abdominal region." 

"With our recent capital raise," continued Mr. Foley, "LCMD is currently in the process of distribution partner selection and plans initial commercialization in Q3 2013."

Life Care Medical Devices Ltd is an ISO 13485 certified manufacturer of medical devices.  LCMD's focus is on underserved aspects of large medical sub segments such as laparoscopic surgery and pain management. LCMD 's portfolio of proprietary and patent in process devices address clinical needs in these markets through innovative product design, development, and delivery to the medical market.

Safe Harbor
 This release may contain certain forward-looking statements regarding our prospective performance and strategies within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and are including this statement for purposes of said safe harbor provisions.

Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations of our company, are generally identified by use of words "anticipate," "believe," "estimate," "expect," "intend," "plan," "project," "seek," "strive," "try," or future or conditional verbs such as "could," "may," "should," "will," "would," or similar expressions. Our ability to predict results or the actual effects of our plans or strategies is inherently uncertain. Accordingly, actual results may differ materially from anticipated results. Some of the factors that could cause our actual results to differ from our expectations or beliefs include, without limitation: the unpredictability of the size of the markets for, and market acceptance of, any of our products, including the Keyhole Cup Laparoscopic Access Device; our ability to produce and sell any approved products and the price we are able realize for those products; ourability to enter into and maintain collaborations with third parties for the development and commercialization of our products, includingthe Keyhole Cup Laparoscopic Access Device;; our need to obtain additional funding and our ability to obtain future funding on acceptable terms; our ability to retain and hire necessary employees and to staff our operations appropriately; our dependence on the success of the Keyhole Cup Laparoscopic Access Device; and the risks discussed from time to time in our filings with the Securities and Exchange Commission.

Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Except as required by applicable law or regulation, we undertake no obligation to update these forward-looking statements to reflect events or circumstances that occur after the date on which such statements were made.  

SOURCE Life Care Medical Devices Ltd
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. Varian Medical Systems Reports Results for Second Quarter of Fiscal Year 2013
2. Leading Home Medical Supplies Retailer Med Supply Shop Spotlights Its Extensive Inventory of Power Wheelchairs
3. Flexpoint Announces Universal Settlement Involving the Medical Bed and Related Technologies
4. Valeant Pharmaceuticals International, Inc. Announces Receipt of Approval From the Antimonopoly Committee of Ukraine for its Previously Announced Acquisition of Obagi Medical Products, Inc.
5. DRX9000 Lumbar & DRX9000C Cervical Installed in Mexico City by Excite Medical!
6. Endexx to attend NAMA Spring Expo for Medical Marijuana Technology Solutions
7. Millstone Medical Outsourcing Expands Medical Device Distribution Services
8. Flextronics Announces Opening Of Medical Design Center In Milan, Italy
9. Neusoft Medical Launches New Products to Global Market at 2013 Spring CMEF
10. Frost & Sullivan: Government Initiatives Drive Use of Electronic Medical and Health Records in Asia-Pacific
11. Medtech College Honors Medical Lab Techs Investigative Role In Real Life Healthcare Dramas
Post Your Comments:
(Date:11/24/2015)... -- Sectra (STO: SECT B) announces that ... multi-year agreement to deploy Breast Imaging PACS in ... the Breast Center a future-proof platform capable of expanding with ... announces that Breast Center of Acadiana has entered ... PACS in its two freestanding imaging centers. This investment will ...
(Date:11/24/2015)... , November 24, 2015 ... --> adds Latest Guidebook for Chinese ... 217 pages published in November 2015 to the ... business intelligence library at . ... the fastest growing global economies with a fifth ...
(Date:11/24/2015)... F1000Workspace - a research collaboration, ... was launched just six months ago. --> F1000Workspace ... for scientists - since it was launched just six months ... on to F1000Workspace - a research collaboration, reference ... launched just six months ago. --> ...
Breaking Medicine Technology:
(Date:11/25/2015)... ... November 25, 2015 , ... Beddit® has launched a ... sleep tracking systems. The new app features a more intuitive SleepScore™ that rates sleep ... well you slept. The SleepScore is created by a proprietary algorithm. Beddit analyzes the ...
(Date:11/25/2015)... ... November 25, 2015 , ... “While riding the bus, ... from Bronx, N.Y. “I thought there had to be a convenient and comfortable way ... , The PROTECTOR enables disabled individuals to safely travel during cold or inclement weather. ...
(Date:11/25/2015)... Md (PRWEB) , ... November 25, 2015 , ... ... Hypertension Association (PHA) announces the nation’s Periwinkle Pioneers, individuals and groups responsible for ... of this disease. The Periwinkle Pioneers, nominated by the public, will receive special ...
(Date:11/25/2015)... ... November 25, 2015 , ... An unlikely ... resulting in a way for homeless people to have a more dignified and ... new initiative whereby they are repurposing plastic bags into sleeping mats for the ...
(Date:11/25/2015)... ... November 25, 2015 , ... ... on providing comprehensive solutions involving adult stem cell therapies to patients with chronic ... the “Regenestem” name as a Registered Trademark (RTM). , Organizations are required to ...
Breaking Medicine News(10 mins):