Initial Launch Focused on Treating Patients Suffering from Upper Extremity Lymphedema
MINNEAPOLIS, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (“Tactile Medical”; the “Company”) (Nasdaq: TCMD), a medical technology company providing therapies for people with chronic disorders, today announced that Nimbl, its next-generation pneumatic compression platform, is now commercially available throughout the United States for the treatment of upper extremity lymphedema. Nimbl, which is significantly smaller and lighter than previous device iterations, is indicated as a treatment option for patients with both upper and lower extremity lymphedema, chronic edema, venous insufficiency, and wound healing. Nimbl received U.S Food & Drug Administration (FDA) 510(k) clearance in June 2024 and Pricing, Data Analysis, and Coding (PDAC) approval from the Centers for Medicare & Medicaid Services (CMS) in September 2024. The Company expects to make Nimbl commercially available for patients with lower extremity conditions in the coming months.
“We are excited to announce the commercial launch of Nimbl, an important addition to our leading portfolio of patient-focused, clinically proven lymphedema therapy solutions,” said Sheri Dodd, Chief Executive Officer at Tactile Medical. “This first phase of Nimbl’s introduction, targeted specifically for upper extremity treatment, is well-timed as we recognize Breast Cancer Awareness Month and the many thousands of patients in need of better treatment solutions. Up to 40% of breast cancer survivors are affected by lifelong, debilitating lymphedema symptoms through swelling and discomfort in the breast, trunk, arms, and hands, and we are proud to provide a highly effective and convenient treatment option. We look forward to expanding Nimbl’s launch to include patients with lower extremity conditions, and we remain committed to advancing solutions that increase patient access to therapy with a differentiated user experience.”
Nimbl is 68% lighter, 40% smaller, and uses 33% less hosing than the Company’s current generation basic pneumatic compression device (PCD). Its compact design is the smallest PCD of its kind, making it an ideal therapy for daily use at home or on the go. In addition to the patient centric feature enhancements, Nimbl also offers connectivity to the Company’s free Kylee™ digital application, providing patients a simple way to track their usage and change in symptoms, and to share results with their care team. Convenient accessories are available for purchase including a rechargeable battery and custom-designed travel bag.
“Patients and clinicians alike will appreciate the introduction of Nimbl as a compelling treatment option designed to increase adherence and improve clinical outcomes”, said Tony Gasparis, MD, Chief Medical Officer at Tactile Medical. “Patients can now more easily fit therapy into their daily routine resulting in long-term relief and increased confidence for clinicians.”
About Tactile Systems Technology, Inc. (DBA Tactile Medical)
Tactile Medical is a leader in developing and marketing at-home therapies for people suffering from underserved, chronic conditions including lymphedema, lipedema, chronic venous insufficiency and chronic pulmonary disease by helping them live better and care for themselves at home. Tactile Medical collaborates with clinicians to expand clinical evidence, raise awareness, increase access to care, reduce overall healthcare costs and improve the quality of life for tens of thousands of patients each year.
Investor Inquiries:
Sam Bentzinger
Gilmartin Group
investorrelations@tactilemedical.com
