RICHLAND, WA--(Marketwired - Jan 12, 2015) - IsoRay Inc. (NYSE MKT: ISR), a medical technology company and innovator in brachytherapy and medical isotope applications, today announced that it ranked 5th highest in share price performance for the 2014 calendar year, with a 192% increase, among all 2,417 listed companies on the NYSE Group, which includes the NYSE and the NYSE MKT.
IsoRay Chairman and CEO Dwight Babcock commented, "It is very rewarding to see the market begin to understand the tremendous potential benefits IsoRay and its products, utilizing IsoRay's patented isotope Cesium-131, can offer to pediatric and adult patients suffering the ravages of cancer located in the brain, head and neck, lung, gynecological and prostate. As institutional study results are being peer reviewed and published, evidence is growing as to how well Cesium-131 kills cancer and its ability to provide an improved quality of life. Other institutional studies continue to accrue patients or are allowing their data to mature to a point that will be eligible for submittal to peer review. Cesium-131 not only successfully treats primary cancers but also those cancers that recur when the current standard of care has failed."
25 Best YTD Price Return on NYSE Group (12/31/2014) |
Rank |
Ticker |
Company Name |
Price Return YTD |
1 |
JOB |
General Employment Enterprises, Inc. |
465% |
2 |
VRS |
Verso Corp |
448% |
3 |
RIC |
Richmont Mines Inc. |
216% |
4 |
HCHC |
HC2 Holdings, Inc. |
196% |
5 |
ISR |
IsoRay, Inc. |
192% |
6 |
IG |
IGI Laboratories, Inc. |
189% |
7 |
CTP |
CTPartners Executive Search Inc. |
171% |
8 |
BDR |
Blonder Tongue Laboratories, Inc. |
169% |
9 |
BBW |
BuildABear Workshop, Inc. |
166% |
10 |
CODE |
Spansion Inc. Class A |
146% |
11 |
HRT |
Arrhythmia Research Technology, Inc. |
143% |
12 |
VIPS |
Vipshop Holdings Ltd Sponsored ADR |
134% |
13 |
STRP |
Straight Path Communications, Inc. Class B |
131% |
14 |
BDL | Flanigan's Enterprises, Inc. |
126% |
15 |
NEWM |
New Media Investment Group, Inc. |
125% |
16 |
LUV |
Southwest Airlines Co. |
125% |
17 |
MMI |
Marcus & Millichap, Inc. |
123% |
18 |
BITA |
Bitauto Holdings Ltd. Sponsored ADR |
120% |
19 |
PANW |
Palo Alto Networks, Inc. |
113% |
20 |
ROX |
Castle Brands Inc. |
113% |
21 |
AINC |
Ashford Inc |
107% |
22 |
IBIO |
iBio, Inc. |
104% |
23 |
KIQ |
Kelso Technologies Inc. |
103% |
24 |
BFR |
BBVA Banco Frances SA Sponsored ADR |
98% |
25 |
DPW |
Digital Power Corporation |
96% |
IsoRay CEO Dwight Babcock further commented, "We are extremely excited to see that our products -- Cesium-131 isotope seeds and our GliaSite® radiation balloon therapy system -- continue to perform so well against aggressive cancers throughout the body. As institutional data continues to accrue and mature with follow-up data, we believe the results will further confirm Cesium-131 can have a very favorable impact on local control, especially for cancers that have shown a tendency to recur at the site of surgery. We remain committed to helping patients afflicted with these horrible cancers and enhancing their quality of life. The message is clear and the medical community is increasingly being made aware of the innovative alternative our products offer for their cancer patients."
IsoRay's various products, including Cesium-131 seeds, sutured seeds, stranded mesh and the GliaSite® radiation therapy system, give physicians the ability to directly place a specified dosage of radiation in areas where cancer is most likely to remain after completion of a tumor removal or by placing seeds within the tumor. The ability to precisely place a specified dose of radiation means there is less likelihood for damage to occur to healthy surrounding tissue compared to other alternative treatments. IsoRay's cancer fighting products diminish the ability of the tumor to recur, resulting in important benefits for patients in longevity as well as quality of life.
IsoRay is the exclusive manufacturer of Cesium-131. The pioneering brachytherapy therapy is one of the most significant advances in internal radiation therapy in 20 years. Cesium-131 allows for the precise treatment of many different cancers because of its unrivaled blend of high energy and its 9.7 day half-life (its unequaled speed in giving off therapeutic radiation).
In addition to its CMS codes, Cesium-131 is FDA-cleared and holds a CE mark for international sales in seed form for the treatment of brain cancer, prostate cancer, lung cancer, ocular melanoma cancer, colorectal cancer, gynecologic cancer, head and neck cancer and other cancers throughout the body. The treatment can be deployed using several delivery methods including single seed applicators, implantable strands and seed sutured mesh. IsoRay also sells several new implantable devices, including the GliaSite® radiation therapy system.
About IsoRay
IsoRay, Inc., through its subsidiary, IsoRay Medical, Inc. is the sole producer of Cesium-131 brachytherapy seeds, which are expanding brachytherapy options throughout the body. Learn more about this innovative Richland, Washington company and explore the many benefits and uses of GliaSite® and Cesium-131 by visiting www.isoray.com. Join us on Facebook/Isoray. Follow us on Twitter @Isoray.
Safe Harbor Statement
Past market performance of IsoRay stock does not provide any indication of future performance. In addition, statements in this news release about IsoRay's future expectations, including: the advantages of our products and their delivery systems, whether IsoRay will be able to continue to expand its base beyond prostate cancer, whether sales of our products will continue at historic levels or increase, whether the use of our products will increase or continue, whether awareness of our products in the medical community will continue or increase, whether future and ongoing studies of treatment of various cancers using our products will have favorable results, and all other statements in this release, other than historical facts, are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 ("PSLRA"). This statement is included for the express purpose of availing IsoRay, Inc. of the protections of the safe harbor provisions of the PSLRA. It is important to note that actual results and ultimate corporate actions could differ materially from those in such forward-looking statements based on such factors as physician acceptance, training and use of our products, our ability to successfully manufacture, market and sell our products, our ability to manufacture our products in sufficient quantities to meet demand within required delivery time periods while meeting our quality control standards, our ability to enforce our intellectual property rights, whether additional studies are released and support the conclusions of past studies, whether ongoing patient results with our products are favorable and in line with the conclusions of clinical studies and initial patient results, patient results achieved when our products are used for the treatment of cancers and malignant diseases beyond prostate, successful completion of future research and development activities, whether we, our distributors and our customers will successfully obtain and maintain all required regulatory approvals and licenses to market, sell and use our products in its various forms, continued compliance with ISO standards as audited by BSI, the success of our sales and marketing efforts, changes in reimbursement rates, changes in laws and regulations applicable to our products, and other risks detailed from time to time in IsoRay's reports filed with the SEC.