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PLC Systems Reports First Quarter 2012 Results
Date:5/15/2012

d at this event, we are engaging with all of our distributors as well as many thought leaders in this space. Between these efforts and the latest supportive scientific findings for our technology, we believe sales of RenalGuard going forward will grow. Each new scientific study provides more evidence that RenalGuard can truly help prevent the acute kidney injury known as contrast-induced nephropathy. There has been no diminishment in the need for this solution, with more and more patients with impaired kidney function requiring diagnostic procedures where contrast is utilized."

He continued, "As a company, during the first few months of 2012, we have made major progress on achieving critical milestones, including the following:

  • We are continuing enrollment of patients in our U.S. pivotal trial of RenalGuard, with eight sites currently in operation and more to be initiated. The company plans to provide an enrollment update as it approaches the interim analysis.
  • We announced approval to market RenalGuard in Brazil, the largest country in South America and the fifth largest in the world, as well as in Israel, where we signed a new distributor and a prominent CIN investigator successfully completed the first case using RenalGuard in Israel.
  • An additional investigator-sponsored study on RenalGuard's longer term efficacy compared to conventional alternatives by a group of cardiologists at the University of Modena in Italy was reported in an abstract presented at ACC 2012 in March.
  • The results from the MYTHOS investigator-sponsored trial, as well as the results of PLC's pilot safety study, were published in peer-reviewed medical journals.
  • RenalGuard was demonstrated at two major international medical meetings, in Israel and in Germany, increasing its visibility with more practitioners.
  • These developments are all important steps in enabling RenalGuard to reach a broader patient base worldwide, and are critical
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