OXFORDSHIRE, United Kingdom, Dec. 05, 2016 (GLOBE NEWSWIRE) -- Lombard Medical, Inc. (NASDAQ:EVAR), a medical
device company focused on endovascular aneurysm repair (EVAR) of abdominal aortic aneurysms (AAAs), today announced positive
long-term data for its Aorfix™ endovascular stent graft system providing confirmation of sustained performance in the most
challenging anatomies. The data from the only IDE study to focus on high neck angulation was presented at the 43rd
annual VEITHsymposium™ on Thursday, November 17, 2016. Aorfix is designed for highly tortuous anatomy and is the only stent
graft to hold global approvals to treat abdominal aortic aneurysms with aortic neck angles up to 90 degrees.
Professor Mahmoud Malas of Johns Hopkins Bayview Medical Center presented five-year results of the U.S. PYTHAGORAS trial of
Aorfix in a scientific presentation titled, “Long-Term Results with the Lombard Aorfix Graft and Introducing the IntelliFlex
Delivery System.” The trial studied 218 patients, 151 of which had neck angles 60 degrees and higher which are off-label for
all other approved stent grafts available in the U.S. Professor Malas showed that this group of patients had several other
characteristics that were predictive of poor outcomes, including a very high percentage of female patients and higher average
age.
At the fifth year, there were no type I or III endoleaks, migration was seen in 3.3% of cases, freedom from aneurysm-related
mortality in patients with neck angles 60 degrees and greater was 95% and this rose to 99% in patients with neck angles less than
60 degrees.
Professor Malas concluded, “Despite these patients having severely challenging anatomy and multiple other predictors of poorer
outcomes, the performance of Aorfix after five years of implantation is very similar to that of competitor devices used in normal
risk patients. This important long-term data from a unique study into challenging anatomy supports the use of Aorfix in
patients with both normal and tortuous anatomy.” A paper presenting the full data at five years follow up has been accepted
for publication by the Journal of Vascular Surgery.
Lombard Medical CEO Simon Hubbert commented, “The long-term data from PYTHAGORAS clearly demonstrates that Aorfix is a high
performing, reliable graft in both the short and long term and it has demonstrated this performance in a unique study focused on
patients with highly angled and challenging aortic neck anatomy. The low incidence of migration and endoleak combine to give
our patients good long-term protection from their aneurysms even in this most challenging group. The new IntelliFlex™
delivery system has been very well received since our recent controlled launch in Europe, and we anticipate approval and launch in
the important Japanese market in the coming months.”
About Aorfix™ Endovascular Stent Graft
Aorfix™ is an endovascular stent graft system for treating infra-renal aortic and aorto-iliac aneurysms, also known as abdominal
aortic aneurysms (AAAs). When placed within the aneurysm, Aorfix creates an internal bypass of the aneurysm to reduce the
risk of rupture. Aorfix is the first and only endovascular stent graft with global approvals for the treatment of patients
with aortic neck angulations up to 90 degrees. Aorfix features an exclusive helical and circular design that allows it to
conform to the natural contours of human anatomy, including aortic necks with high angulations and iliac arteries with extreme
bends. Aorfix has been evaluated in three studies and used in more than 7,000 procedures worldwide. Aorfix has a CE Mark,
Japan regulatory approval, and received FDA approval in 2013.
About Abdominal Aortic Aneurysms (AAAs)
AAAs are balloon-like enlargements of the aorta which if left untreated, may rupture and cause death. Approximately 4.5
million people are living with AAAs in the developed world and each year more than 500,000 new cases are diagnosed. In the
U.S., aortic aneurysm disease is among the leading causes of death and it is estimated that 1.5 million people have an abdominal
aortic aneurysm.
About Lombard Medical, Inc.
Lombard Medical, Inc. is an Oxfordshire, UK-based medical device company focused on the $1.8bn market for minimally invasive
treatment of abdominal aortic aneurysms (AAAs). The Company has global regulatory approval for Aorfix™, an endovascular stent
graft that has been specifically designed to treat patients with the broadest range of AAA anatomies, including aortic neck
angulation up to 90 degrees. The Company has also achieved CE Mark for the AlturaÒ endograft system, an innovative ultra-low
profile endovascular stent graft that offers a simple and predictable solution for the treatment of more standard AAA
anatomies. For more information, please visit www.lombardmedical.com.
Forward-Looking Statements
This announcement contains forward-looking statements that reflect the Company’s current expectations regarding future
events. These forward-looking statements generally can be identified by the use of words or phrases such as “believe,”
“expect,” “future,” “anticipate,” “look forward to,” “intend,” “plan,” “foresee,” “may,” “should,” “will,” “estimates,” “outlook,”
“potential,” “optimistic,” “confidence,” “continue,” “evolve,” “expand,” “growth” or words and phrases of similar meaning.
Statements that describe objectives, plans or goals also are forward-looking statements. Forward-looking statements are
subject to risks, management assumptions and uncertainties. Actual results could differ materially from those projected
herein and depend on a number of factors, including the success of the Company’s research and development and commercialization
strategies, the uncertainties related to the regulatory process and the acceptance of the Company’s products by hospitals and other
medical professionals, the uncertainty of estimated revenues and profits, the uncertainty of current domestic and international
economic conditions that could adversely affect the level of demand for the Company’s products and increased volatility in foreign
exchange rates, the inability to raise additional funds, and the risks, uncertainties and other factors described under the heading
“Risk Factors” in the Company’s Form 20-F filed with the Securities and Exchange Commission dated April 29, 2016. Readers are
urged to consider these factors carefully in evaluating the forward-looking statements. The forward-looking statements included
herein are made only as of the date of this report and the Company undertakes no obligation to update these statements in the
future.
For further information:
Lombard
Medical, Inc.
Simon Hubbert, Chief Executive Officer
William J. Kullback, Chief Financial Officer
|
|
+44 (0)1235 750 800
Tel: +1 858 750 5245 |