Urgent(R) PC and Macroplastique(R) Abstracts Accepted for Presentation at Society for Urodynamics and Female Urology 2010 Annual
November 17 2009 - 5:00AM
PR Newswire (US)
MINNEAPOLIS, Nov. 17 /PRNewswire-FirstCall/ -- Uroplasty, Inc.
(AMEX: UPI), a medical device company developing, manufacturing and
marketing innovative proprietary products for the treatment of
voiding dysfunctions, today announced that nine abstracts outlining
study results submitted by various researchers have been accepted
for presentation at the 2010 Annual Meeting of the Society for
Urodynamics and Female Urology (SUFU), February 23-27, 2010 in St.
Petersburg, FL. Presentations accepted were for both Uroplasty's
Urgent® PC Neuromodulation System and Macroplastique® urethral
bulking agent products. Accepted Urgent® PC presentations include:
-- "New Efficacy Data on Percutaneous Tibial Nerve Stimulation: A
Multi-Center, Randomized, Sham-Controlled Trial for Overactive
Bladder Syndrome" presented by Kenneth M. Peters, MD, Beaumont
Hospital, Royal Oak, MI. Uroplasty commonly refers to this clinical
study as the SUmiT trial. -- "Comparative Effectiveness:
Percutaneous Tibial Nerve Stimulation (PTNS) and Sacral Nerve
Stimulation (SNS) for Overactive Bladder (OAB) Treatment" presented
by Scott MacDiarmid MD, Alliance Urology Specialists, Greensboro,
NC. -- "Percutaneous Tibial Nerve Stimulation for the Treatment of
Overactive Bladder: Treatment Interval Frequency" presented by
Scott MacDiarmid MD, Alliance Urology Specialists, Greensboro, NC.
These results are from the 12-month OrBIT Trial. -- "Percutaneous
Tibial Nerve Stimulation (PTNS), Pelvic Floor Rehabilitation (PFR)
and Electrical Stimulation (ES) in the Treatment of Urinary
Incontinence" presented by Earl Surwit, MD, University of Arizona,
Tucson, AZ. -- "Percutaneous Tibial Nerve Stimulation
Double-Blinded, Randomized, Sham-Controlled Trial for Overactive
Bladder: Effect on Fecal Incontinence" presented by Kenneth M.
Peters, MD, Beaumont Hospital, Royal Oak, MI. "The additional
clinical study data presented on our Urgent PC Neuromodulation
System strongly support the efficacy of this innovative and
minimally invasive therapy," said David Kaysen, President and CEO
of Uroplasty. "This will be the first presentation by Dr. Kenneth
M. Peters, lead investigator, of the results of the recently
completed SUmiT Trial. This pivotal randomized, double-blind study
compared PTNS to a validated sham procedure for OAB treatment. We
will use these results in support of our application to obtain a
unique CPT code for Urgent PC treatments. We will also continue to
present these high quality studies to the medical directors of U.S.
third-party payers to build awareness for coverage and
reimbursement for this unique and efficacious therapy," continued
Mr. Kaysen. Accepted Macroplastique presentations include: --
"Durability of Macroplastique® Injection for Female Stress Urinary
Incontinence: Two Years Experience" presented by Jacques Corcos,
MD, McGill University, Montreal, Canada. -- "Long Term Durability
of Polydimethylsiloxane Injectable Bulking Agent (Macroplastique®)
in Urethral Tissues: Animal Study Histopathology" presented by
William Wustenberg, DVM, AlterNetMD Consulting, Farmington, MN. --
"Improved Outcomes in Patients with Transient Urinary Retention
After Macroplastique Urethral Bulking Procedure" presented by
Elizabeth Williams, MD, Metropolitan Urology Specialists, St. Paul,
MN. -- "Urethral Bulking Agents Used in the United States: How Are
They Analyzed?" by Gamal Ghoniem, MD, Cleveland Clinic, Weston, FL.
"The presentations highlight the durability and efficacy of
Macroplastique, our 'Gold Standard' urethral bulking agent. As the
long-standing market leader in Europe, Macroplastique has quickly
gained acceptance with physicians and increased market share in the
U.S. We anticipate the strong interest in this product segment to
continue to grow as physicians and patients search for lasting
solutions for female stress urinary incontinence," concluded Mr.
Kaysen. About Uroplasty, Inc. Uroplasty, Inc., headquartered in
Minnetonka, Minnesota, with wholly-owned subsidiaries in The
Netherlands and the United Kingdom, is a medical device company
that develops, manufactures and markets innovative proprietary
products for the treatment of voiding dysfunctions. Our primary
focus is the commercialization of our Urgent® PC system, which we
believe is the only FDA-approved non-surgical neurostimulation
therapy for the treatment of urinary symptoms often associated with
overactive bladder (OAB). We also offer Macroplastique® Implants, a
urethral bulking agent for the treatment of adult female stress
urinary incontinence. Please visit Uroplasty, Inc. at
http://www.uroplasty.com/. Forward-Looking Information This press
release contains forward-looking statements, which reflect our best
estimates regarding future events and financial performance. These
forward-looking statements are subject to risks and uncertainties
that could cause actual results to differ materially from our
anticipated results. We discuss in detail the factors that may
effect the achievement of our forward-looking statements in our
Annual Report on Form 10-K filed with the SEC. Further, we cannot
assure you that we will timely obtain, or even succeed at all at
obtaining, a specific "listed" CPT reimbursement code from the AMA
for Urgent PC treatments, and that even if we succeed at obtaining
a CPT code third-party payors will provide or continue to provide
coverage and reimbursement, or reimburse the providers an amount
sufficient to cover their costs and expenses. We further cannot
assure that reimbursement or other issues will not further impact
our fiscal 2010 results. For Further Information: Uroplasty, Inc.
David Kaysen, President and CEO, or Medi Jiwani, Vice President,
CFO, and Treasurer, 952.426.6140 EVC Group Doug Sherk (Investors)
415.896.6820 Chris Gale (Media) 646.201.5431 DATASOURCE: Uroplasty,
Inc. CONTACT: David Kaysen, President and CEO, or Medi Jiwani, Vice
President, CFO, and Treasurer, both of Uroplasty, Inc.,
+1-952-426-6140; or Investors, Doug Sherk, +1-415-896-6820, or
Media, Chris Gale, +1-646-201-5431, both of EVC Group , for
Uroplasty, Inc. Web Site: http://www.uroplasty.com/
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