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  • First Austrian Implant Of Kips Bay Medical's (KIPS) ESVS Mesh Successfully Performed 2 comments
    Feb 11, 2014 2:06 PM | about stocks: KIPS

    Medical device company Kips Bay Medical has announced that on Jan. 14, the first commercial implant of its eSVS Mesh in Austria was performed at the Medical University of Vienna. The implant was performed under the direction of Professor Dr. Gunther Laufer, and the presiding surgeon in the case was Professor Dr. Sigrid Sandner. The eSVS Mesh was deployed easily without complications.

    "We are excited to have the Medical University of Vienna join the growing number of international institutions that recognize the potential value of eSVS technology for their patients," said Kips Bay Medical CEO Manny Villafana. "We look forward to seeing CABG patients benefit from external vein support throughout Austria."

    Designed to be fitted like a sleeve on the outside of saphenous vein grafts (SVGs), the eSVS Mesh strengthens SVGs used in coronary artery bypass graft surgery. By strengthening the SVG and preventing the damaging expansion of the vein graft, Kips Bay Medical hopes to reduce or prevent the related injury, which can lead to SVG failure and costly and complex re-interventions for patients undergoing CABG surgery. In order to strengthen an SVG, the eSVS Mesh is created from nitinol wire, which gives it considerable strength while enabling it to remain very flexible and kink-resistant.

    Kips Bay Medical is focused on the manufacture and commercialization of the eSVS Mesh for use in coronary artery bypass grafting surgery. The company acquired the eSVS Mesh technology from Medtronic, Inc. in 2007. For more information, visit KipsBayMedical.com.

    MissionIR provides investor relations services to publicly traded companies in exchange for compensation. This article may be part of our efforts to widen a client's exposure. To read our full disclaimer, visit http://disclaimer.missionir.com

    Stocks: KIPS
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Comments (2)
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  • coopers
    , contributor
    Comments (12) | Send Message
     
    Looks like this turned out to be a non event as far as share price is concerned? KIPS has a great story but it seems that no one wants to hear it.
    12 Feb, 12:59 AM Reply Like
  • ETphoneHome
    , contributor
    Comment (1) | Send Message
     
    We need an article of how compelling KIPS is and it future potential in order to open investor eyes, thus Share price will reflex.
    19 Mar, 05:41 PM Reply Like
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