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Medifocus Inc MDFZF

Medifocus Inc develops and sells minimally invasive focused heat systems for the treatment of cancerous and benign tumors, and enlarged prostate, medically known as Benign Prostate Hyperplasia (BHP). It owns two focused heat technology platforms, The Endo-thermotherapy Platform-from which Prolieve was developed, can be used to treat cancers in prostate, rectal, cervical and esophageal, and The Adaptive Phased Array Microwave Focusing Platform which directs precisely focused microwave energy at tumor center to induce shrinkage or eradication of tumors without undue harm to surrounding tissue. The company through its operations generates revenue from the United States.


EXPM:MDFZF - Post by User

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Post by smthrckron Mar 06, 2014 10:50am
114 Views
Post# 22288775

Busy News Day - Financial Results and New Patent

Busy News Day - Financial Results and New Patent

 

Medifocus, Inc. Obtains Newly Allowed European Patent Office (EPO) Patent on the Treatment and Prevention of Breast Cancer

COLUMBIA, MD and TORONTO, ON--(Marketwired - Mar 6, 2014) - Medifocus, Inc. (OTCQX: MDFZF) and (TSX VENTURE: MFS), a revenue generating biotechnology company focused on the use of focused microwave for the development and commercialization of minimally invasive systems for the treatment of cancerous and benign tumors, is pleased to announce that it has obtained a newly allowed European Patent Office (EPO) patent to add to its extensive intellectual property portfolio of over 100 issued and/or pending U.S. and foreign patents covering its two thermotherapy platform technologies for the treatments of breast cancer and prostate diseases. 

The new patent, EP1581145, was granted by the EPO to John Mon, COO, and Dr. Alan Fenn, co-inventor of the APA focusing technology, and is assigned to Medifocus. The title of the patent is "Thermotherapy Apparatus for the Treatment and Preventions of Cancer in Male and Female Patients and Cosmetic Ablation of Tissue" and is a focused heat apparatus for, not only the treatment, but also the prevention of cancer tissues and, more specifically, breast cancers. Another embodiment of this patent is for the use of the apparatus for the minimal and non-invasive cosmetic applications specifically to destroy and/or melt fatty tissue as a potential to replace traditional invasive liposuction procedures. It can also be used as a potential apparatus to smooth out the contours and dimpling caused by cellulite.

Medifocus is currently using its Adaptive Phase Array (APA) focused heat technology in its US FDA and Health Canada Pivotal Phase III study for the treatment of locally advanced large breast tumors.

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