MitraClip(R) Therapy Introduced ...(ect sales strategy and is taking a disci...),Health

Date:9/9/2009

ect sales strategy and is taking a disciplined and measured approach to the initial commercial roll out. Evalve has worked closely with hospitals to deliver high quality training programs in preparation for the first series of implants and offers ongoing support. The MitraClip((R)) device is currently being implanted in seven Western European countries, including Germany, Italy, the United Kingdom, the Netherlands, Switzerland, Sweden and now in Austria.

"We are pleased with the successful initial use of the MitraClip((R)) device at this important cardiac center," said Ferolyn Powell, president and chief executive officer of Evalve. "We have been very encouraged by the interest in Europe from both interventional cardiologists and cardiac surgeons. We think that their adoption and the commercial success to date speak to the benefits that the MitraClip therapy can bring to patients."

About the MitraClip((R)) Procedure

Percutaneous mitral repair with Evalve's MitraClip((R)) device is performed by physicians in the catheterization laboratory. The heart beats normally during the procedure, and therefore does not require a heart-lung bypass machine. In addition to improving blood flow through the heart, the procedure may also relieve symptoms such as fatigue and shortness of breath that often affect patients with significant MR. After treatment, patients generally recover quickly. The MitraClip((R)) device may improve quality of life and may help MR patients avoid or delay surgery, having preserved surgical options (valve repair or replacement) should surgery become necessary.

About Evalve, Inc.

Founded in 1999, Evalve, Inc., headquartered in Menlo Park, Calif., has developed a proprietary system which enables percutaneous repair of cardiac valves. The company's initial products are intended to reduce the risks, trauma and costs associated with current open, arres
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SOURCE Evalve, Inc. Copyright©2009 PR Newswire. All rights reserved

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