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Lutonix Announces Achievement of Significant Milestones and Additions to Executive Leadership Team
Date:6/28/2011

, we are proud to have them join the organization and know their contributions will advance the company toward its mission with quality and speed."

About the Moxy Drug Coated Balloon

The Moxy balloon delivers an anti-proliferative drug to the artery in a single, 30-second inflation and then is removed from the body.  The Moxy balloon is very similar to a standard angioplasty balloon, but is coated with paclitaxel and a carrier molecule that facilitates rapid drug transfer upon inflation.  This proprietary formulation allows delivery of a therapeutic drug dose to inhibit restenosis, while permitting restoration of the artery's inner surface.   The Moxy balloon is not approved for, or available for sale in, the United States.

About Restenosis

Restenosis refers to the re-narrowing of an artery following angioplasty or stenting.  Restenosis is caused by an overgrowth of tissue inside the artery, typically in response to injury caused at the original treatment site.  Restenosis often occurs within the first 6 months following an intervention, and most often results in re-treatment.  Anti-proliferative drugs such as paclitaxel are used in devices like drug-eluting stents to prevent restenosis.

About Lutonix, Inc. (www.lutonix.com)

Lutonix is a venture-backed medical device company based in Minneapolis, MN.   The company is dedicated to the development and commercialization of a safe, efficacious drug-coated balloon for the treatment of coronary and peripheral vascular disease.   Current investors include Delphi Ventures, RiverVest Ventures, US Venture Partners, Versant Ventures, Warburg Pincus and The Vertical Group.


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SOURCE Lutonix, Inc.
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