ST. PAUL, Minn., & SAN FRANCISCO -- (BUSINESS WIRE) -- Cardiovascular Systems, Inc. (CSI) (Nasdaq: CSII), will present data from its ORBIT II study of coronary artery disease at the 2013 American College of Cardiology (ACC) conference in San Francisco, Mar. 9–11, 2013. This marks the first time CSI will share results from this landmark pivotal trial, which is the first Investigational Device Exemption (IDE) study in history to seek approval for treating severely calcified coronary lesions.
ORBIT II is evaluating the safety and effectiveness of the company’s orbital atherectomy technology in treating this problematic subset of patients. Moderate to severe arterial calcium is present in nearly 40 percent of patients undergoing a percutaneous coronary intervention, according to estimates. Moderate to severe calcium contributes to poor outcomes and higher treatment costs in coronary interventions when traditional therapies are used, including a significantly higher occurrence of death and major adverse coronary events. A coronary application would open up a large, underserved market opportunity for CSI, estimated to exceed $1.5 billion annually in the United States.
CSI completed ORBIT II enrollment of 443 patients at 49 U.S. medical centers in November 2012. CSI is targeting the end of March to submit its Premarket Approval application to the Food and Drug Administration (FDA).
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Oral Presentation at ACC: Mar. 9 |
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WHAT: Dr. Jeffrey W. Chambers, Mercy Hospital, Coon Rapids, Minn., will present “Pivotal Trial to Evaluate the Safety and Efficacy of Diamondback 360° Orbital Atherectomy System in Treating De Novo, Severely Calcified Coronary Lesions (ORBIT II).” |
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WHEN: |
Saturday, Mar. 9, 2:15 – 2:30 p.m. | ||||
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WHERE: |
Moscone Center West | ||||
| Room 3001 | |||||
| 800 Howard Street | |||||
| San Francisco, CA 94103 | |||||
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Poster Sessions at ACC: Mar. 9 – 10 |
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WHAT: Dr. Philippe Genereux, Columbia University Medical Center, New York, will share data as a contributor to the poster presentation “Impact of Coronary Calcification on 1-Year Outcomes after PCI in STEMI and NSTEMI: Pooled Analysis from HORIZONS and ACUITY trials.” |
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WHEN: |
Saturday, Mar. 9, 3:45 – 4:30 p.m. | ||||
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WHERE: |
Moscone Center | ||||
| Expo North | |||||
| 800 Howard Street | |||||
| San Francisco, CA 94103 | |||||
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WHAT: Dr. Genereux will also contribute to the poster presentation “Association between Coronary Calcification and Bleeding after PCI in Acute Coronary Syndromes: Pooled Analysis from HORIZONS-AMI and ACUITY Trials.” |
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WHEN: |
Sunday, Mar. 10, 9:45 – 10:30 a.m. | ||||
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WHERE: |
Moscone Center | ||||
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Expo North |
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| 800 Howard Street | |||||
| San Francisco, CA 94103 | |||||
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ACC Educational Forum: Mar. 11 |
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WHAT: Dr. Glen Nelson, CSI chairman, is moderating the “Innovation and Technology Adoption” presentation during ACC’s Innovations Educational Forum. |
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WHEN: |
Monday, Mar. 11, 11:40 a.m. – 12:30 p.m. | ||||
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WHERE: |
Moscone Center | ||||
| Expo North, CV Forum #N5206 | |||||
| 800 Howard Street | |||||
| San Francisco, CA 94103 | |||||
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This presentation is not part of ACC.13, as planned by its Program Committee, and does not qualify for continuing medical education (CME), continuing nursing education (CNE) or continuing education (CE) credit. |
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CSI Booth at ACC: Mar. 9 – 11
Visit CSI at booth #N6257 9:30 a.m. – 4:45 p.m. Saturday, Mar. 9, and Sunday, Mar. 10; and 9:30 a.m. – 2 p.m. Monday, Mar. 11, to meet the company’s calcium experts and learn more about CSI’s unique orbital technology.
About Coronary Artery Disease
Coronary Artery Disease (CAD)
is a life-threatening condition and leading cause of death in men and
women in the United States. CAD occurs when a fatty material called
plaque builds up on the walls of arteries that supply blood to the
heart. The plaque buildup causes the arteries to harden and narrow
(atherosclerosis), reducing blood flow. The risk of CAD increases if a
person has one or several of the following: high blood pressure,
abnormal cholesterol levels, diabetes, or family history of early heart
disease. CAD affects an estimated 16.8 million people in the United
States and is the most common form of heart disease. Heart disease
claims more than 600,000 lives, or 1 in 4 Americans, in the United
States each year.
About Cardiovascular Systems, Inc.
Cardiovascular Systems,
Inc., based in St. Paul, Minn., is a medical device company focused on
developing and commercializing innovative solutions for treating
vascular and coronary disease. The company’s Orbital Atherectomy Systems
treat calcified and fibrotic plaque in arterial vessels throughout the
leg in a few minutes of treatment time, and address many of the
limitations associated with existing surgical, catheter and
pharmacological treatment alternatives. The U.S. FDA granted 510(k)
clearance for the use of the Diamondback Orbital Atherectomy System in
August 2007. To date, over 100,000 of CSI’s devices have been sold to
leading institutions across the United States. CSI has also commenced
its ORBIT II Investigational Device Exemption clinical trial to evaluate
the safety and effectiveness of its orbital technology in treating
coronary arteries. The coronary system is limited by federal law to
investigational use and is currently not commercially available in the
United States.
For more information, visit the company’s website at www.csi360.com.
Cardiovascular Systems, Inc.
Investor Relations, 651-259-2800
investorrelations@csi360.com
or
Sarah
Wozniak, 651-259-1636
swozniak@csi360.com
or
Padilla
Speer Beardsley Inc.
Matt Sullivan, 612-455-1709
msullivan@padillaspeer.com
or
Dave
Folkens, 612-455-1741
dfolkens@padillaspeer.com