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PLC Systems Reports Fourth Quarter and Full Year 2011 Results
Date:3/30/2012

al milestones in the past few months, including the following:

  • We began our U.S. pivotal trial of RenalGuard and successfully enrolled our first patients, following receipt of final approval from the U.S. Food & Drug Administration of our adaptive trial design
  • We announced the path to approval for RenalGuard in Japan, arguably the second largest CIN treatment market worldwide, with the initial completion of a successful two patient safety trial
  • We recently announced approval to market RenalGuard in Israel, and appointed a distributor there, A.M.I. Technologies, Ltd.
  • Results from the investigator-sponsored MYTHOS clinical trial of RenalGuard were published in the peer-reviewed JACC-Cardiovascular Interventions
  • Results from PLC's pilot trial of RenalGuard were published in the peer-reviewed International Journal of Cardiology
  • RenalGuard was featured in a luncheon session at the important TCT conference in November and
  • We secured new patents to continue to strengthen our intellectual property position.
  • These developments help increase visibility for PLC and RenalGuard worldwide, and are critical to our effort to increase sales and adoption for RenalGuard in Europe and other countries where it is on the market."

    Mr. Tauscher added, "As we move through 2012, our confidence in the potential of RenalGuard as a valuable and targeted technology that addresses a large, unmet medical need worldwide continues to increase.  Our progress in aligning PLC with significant distributors who can bring RenalGuard to leading practitioners in key markets will help establish RenalGuard as a 'best practice'.  At the same time, we are very pleased by the launch of our clinical trial United States, and we expect to provide a more detailed update on our progress in the next few months."

    He concluded, "Thus, in 2012, we are focused on achieving the following milestones:


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    SOURCE PLC Systems Inc.
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