Markets
U.S. open in 62 hrs, 6 mins
BUSINESS NEWS
- Market News
- Earnings
- Recalls
- Recession Watch
- Tech News
- Financial Crisis
- Madoff Scandal
- BloggingStocks
- Luxist
- Money Videos
INVESTING
- Stock Quotes
- Stock Charts
- Stock Ticker
- Currencies
- Portfolio
- Stock Screener
- Broker Center
- Mutual Fund Center
- ETF Center
- Money
- 24/7 Wall St.
- Financial Glossary
PERSONAL FINANCE AT WALLETPOP
- Bargains
- Banking
- Budget
- Calculators
- College Finance
- Community
- Credit
- Deals
- Debt
- Economizer
- Food
- Home
- Fraud
- Insurance
- Interest Rates
- Loans
- Mortgages
- Real Estate
- Recalls
- Recession
- Retirement
- Saving
- Simplification
- Specials
- Taxes
SMALL BUSINESS
Edwards Lifesciences and DexCom Announce Receipt of CE Mark for Glucose Monitoring System
Market Wire
IRVINE, CA and SAN DIEGO, CA -- (Marketwire) -- 11/02/09 -- Edwards Lifesciences
Corporation (NYSE: EW), the leader in the sciences of heart valves and
hemodynamic monitoring, and DexCom, Inc. (NASDAQ: DXCM), a medical device
company focused on the design, development and commercialization of
continuous glucose monitoring systems, today announced the receipt of CE
Mark for an automatic glucose monitoring system. Edwards and DexCom
co-developed this new system, which is indicated for automatic, real-time
monitoring and trending of blood glucose concentration in critically ill
adults in the hospital environment. This CE Mark allows for
commercialization of the system in the European Union and the countries in
Asia and Latin America that recognize the CE Mark. Market evaluations of a
first generation product are expected to begin in a limited number of
European sites before the end of the year.
Studies have shown that hospitalized patients can be at a higher risk of
infection and other complications if their blood glucose level is elevated
for prolonged periods. Currently, clinicians manage patients' glucose
levels by manually obtaining intermittent samples over various periods of
time. Methods for obtaining blood samples can be labor intensive and may
not provide complete information about a patient's glucose status. This
glucose monitoring system will perform multiple automatic readings per hour
that may provide a new level of trending insight designed to enable
clinicians to effectively implement glycemic control.
About Edwards Lifesciences
Edwards Lifesciences is the global leader in the science of heart valves
and hemodynamic monitoring, with more than five decades of experience in
partnering with clinicians to develop life-saving innovations.
Headquartered in Irvine, Calif., Edwards treats advanced cardiovascular
disease with its market-leading heart valve therapies, and critical care
and vascular technologies, which are sold in approximately 100 countries.
The company's global brands include Carpentier-Edwards, Cosgrove-Edwards,
Edwards SAPIEN, FloTrac, Fogarty, PERIMOUNT Magna and Swan-Ganz.
Additional company information can be found at
http://www.edwards.com.
About DexCom
DexCom, Inc., headquartered in San Diego, California, is developing and
marketing continuous glucose monitoring systems for ambulatory use by
patients and by healthcare providers in the hospital.
This news release includes forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. These forward-looking statements can sometimes be
identified by the use of words such as "may," "will," "should,"
"anticipate," "believe," "plan," "project," "estimate," "expect," "intend,"
or other similar expressions and include, but are not limited to, timing of
market introduction of the system and product performance. Forward-looking
statements are based on estimates and assumptions made by management of the
company and are believed to be reasonable, though they are inherently
uncertain and difficult to predict. Our forward-looking statements speak
only as of the date on which they are made and we do not undertake any
obligation to update any forward-looking statement to reflect events or
circumstances after the date of the statement.
Forward-looking statements involve risks and uncertainties that could cause
actual results or experience to differ materially from that expressed or
implied by the forward-looking statements. Factors that could cause actual
results or experience to differ materially from that expressed or implied
by the forward-looking statements are detailed in the company's filings
with the Securities and Exchange Commission including its Annual Report on
Form 10-K for the year ended December 31, 2008.
Edwards is a trademark of Edwards Lifesciences Corporation. Edwards
Lifesciences, the stylized E logo, Carpentier-Edwards, Cosgrove-Edwards,
FloTrac, Fogarty, PERIMOUNT Magna and Swan-Ganz are trademarks of Edwards
Lifesciences Corporation and are registered in the United States Patent and
Trademark Office.
DexCom is a trademark of DexCom, Inc.
Edwards Lifesciences
Media Contact:
Amanda Fowler
949-250-5070
Investor Contact:
David K. Erickson
949-250-6826
DexCom
Media/Investor Contact:
Steven R. Pacelli
858-200-0200
Media Contact:
Amanda Fowler
949-250-5070
Investor Contact:
David K. Erickson
949-250-6826
DexCom
Media/Investor Contact:
Steven R. Pacelli
858-200-0200
MARKET WIRE
2009-11-02 09:00:51
COMMENTS ( 0 )