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XLumena Spots $6M For Ultrasound Devices
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Mirabilis Completes First Human Trial of Non-Invasive Treatment for Uterine Fibroids
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EnteroMedics Announces Initial Public Offering
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Mirabilis Closes $10.5 Million Series A Extension to Commercialize Non-invasive Treatment of Uterine Fibroids
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KFx Medical Corporation Closes $10 Million Series B Financing
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JDRF Partners with CoMentis for Diabetic Macular Edema Clinical Trial
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CoMentis Announces Appointment of Martin Tolar, M.D., Ph.D., as Vice President
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APT Acquires Exclusive Worldwide Rights to Develop and Commercialize Inhalable Cyclosporine to Prevent Lung Transplant Rejection
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Enteromedics Files Registration Statement
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CoMentis Initiates Phase II Clinical Trial for AMD Eye Drop Therapy
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Athenagen Announces Name Change to CoMentis
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Athenagen Initiates Phase II Clinical Trial in Alzheimer’s Disease
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Mirabilis Medica Names Mike Connolly CEO
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Athenagen Raises $50 Million in Series B Financing
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Amaranth Medical Closes $7.5 Million Series A Financing to Advance the Development of Bio-Absorbable Stents
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Mirabilis Raises $4 Million to Commercialize Non-Invasive Treatment of Uterine Fibroids
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Athenagen Initiates Clinical Development of its Anti-angiogenic Eye Drop Therapy for AMD
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Athenagen Completes Merger with Zapaq
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KFx Medical Corporation Receives 510k Clearance for Knotless Tissue Fixation
AUGUST 10, 2006


Athenagen Announces Publication of Results from a Proof-of-Concept Trial of its Novel alpha-7 Nicontinic Receptor Agonist in Schizophrenia
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Athenagen Acquires Osprey Pharmaceutical Company - Adds Clinical-Stage Alzheimer's Drug Candidate to its Pipeline
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Athenagen Adds A. Barr Dolan to its Board of Directors
FEBRUARY 22, 2006


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KFx Medical Corporation Receives 510k Clearance for Knotless Tissue Fixation

SAN DIEGO, CA – AUGUST 10, 2006

KFx Medical Corporation, a developer of minimally invasive percutaneous repair systems for rotator cuff repair announced today that it has received FDA clearance to market its SutureCross™ Knotless Anatomic Fixation System.

Dr. Joseph C. Tauro, one of the pioneers in arthroscopic cuff repair in private practice at Ocean County Sports Medicine in Toms River, NJ and Assistant Clinical Professor of Orthopedic Surgery at New Jersey Medical School and Chairman of the KFx Scientific Advisory Board said, “This is the most exciting new development for rotator cuff repair in a decade. I’m proud to have been part of the development process.”

“KFx’s unique double row SutureCross™ system has been in development for a number of years,” said Tate Scott, President and CEO. “We will first use this system at select Centers of Excellence around the country prior to our full market launch.”

Over four million people seek medical advice for shoulder pain every year; torn rotator cuffs alone account for more than 500,000 surgeries annually and have traditionally required many weeks of rehabilitation. Traditional minimally invasive techniques, although promising - patients typically experience less pain and regain full range of motion more quickly - require surgeons to have advanced arthroscopic skills. In contrast, KFx provides simple minimally invasive products for surgeons that enable a more anatomical repair for the patient.

About KFx Medical Corporation
Headquartered in Carlsbad, Calif., KFx Medical Corporation was founded in 2003 to develop clinically relevant solutions to rotator cuff repair. The company is privately held — Investors include Charter Life Sciences, Arboretum Ventures, Montreux Equity Partners, and MB Ventures.

 

CONTACT:
Tate Scott
President & CEO
KFx Medical Corporation
5145 Avenida Encinas, Ste C
Carlsbad, CA 92008

 
     
     
     
     
   
 
 
© 2006 CHARTER LIFE SCIENCES