Post by fastwalker on Aug 20, 2004 20:05:53 GMT -5
:)FYI / FWIW.....Do your DD, before investing in any stocks......
LBTT News Aug 20
« on: Today at 8:15am » Quote Modify
--------------------------------------------------------------------------------
Lifeline Biotech Inc Com V Quick Quote: LBTT
Lifeline Announces That Inion Receives FDA Clearance for Trinion Meniscus Screw
8/20/04
RENO, Nev., Aug 20, 2004 (BUSINESS WIRE) --
Lifeline Biotechnologies Inc. (PINK: LBTT) today announced that the Trinion Meniscus Screw for use in knee cartilage repair, manufactured by Inion, of Finland and distributed in the U.S. by Lifeline, has received FDA clearance. The clearance allows Inion's Trinion screws to be marketed and sold in the US, complementing the company's Hexalon biodegradable cruciate ligament repair screw. These products are marketed to the sports medicine and orthopedic markets.
Trinion screws are used for the fixation of longitudinal vertical meniscus lesions, where the knee cartilage has torn. The benefits of the Trinion screw include a dual thread screw for optimal fixation with a headless design to allow complete insertion into the meniscus to avoid chondral lesion development. To aid surgeons, the screws are colored to allow improved visibility in arthroscopic procedures and are cannulated for increased ease of insertion.
FDA 510(k) clearance is awarded to medical device manufacturers prior to commercial distribution in the US. Trinion was awarded a CE-mark, the European equivalent of 510(k) clearance in July 2003. Lifeline Biotechnologies currently markets Inion's Haxalon product for anterior crucial ligament repair in the US.
Inion Ltd. is a Finnish company specializing in the development of biodegradable medical implants. Inion's core expertise and technology lies in the design and manufacture of innovative biodegradable polymer devices, such as plates, screws, pins and membranes. These implants are used to enhance the healing of skeletal injuries (bone and soft tissue), such as those caused by trauma or by reconstructive surgery. Inion uses expertise in polymer chemistry and surgical techniques to develop systems with strength and degradation profiles tailored for each surgical application.
Lifeline Biotechnologies, Inc. is a company with innovative medical technologies committed to the improvement of the quality of life through exceptional health care systems. These technologies focus on prevention, early detection, diagnosis and quick recovery of a number of disease conditions. The company's two divisions, Orthopedics Instruments and Cancer Detection technologies, each deal with cutting edge innovation to assist practicing physicians to deliver quality medical care. The MastaScope(TM) is used in the early detection of cancer and other abnormalities of the breast. The MastaScope(TM) has completed development and has entered the marketplace in the US and internationally. The First Warning Systems for assisting in the early detection of breast cancer and the Ovarian Scope for assisting in the early detection of ovarian cancer are continuing to be developed by the company. The Orthopedic division is the exclusive distributor for the Arthronet Shaver Blades in the US, Canada and Mexico and also the exclusive distributor for the Inion bioabsorable screw for the US and Canadian markets. More information is available at the company's website: www.lbti.com.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In particular, when used in the preceding discussion, the words "believe", "experts", "projects", "forecasts", "intends", "will", "anticipated", "could", or "may", and similar conditional expressions are intended to identify forward-looking statements within the meaning of the act and are subject to the safe harbor created by the act. Except for historical information, all of the statements, expectations and assumptions contained in the foregoing are forward-looking statements that involve a number of risks and uncertainties.
SOURCE: Lifeline Biotechnologies Inc.
Lifeline Biotechnologies, Inc.
1600 South Federal Highway, Suite 1145
Pompano Beach, FL 33062
T 954.785.5377 F 954.788.5207
info@lbti.com
Corporate Office
1325 Airmotive Way, Suite 175
Reno, NV 89502
T 775.324.1934 F 775.852.3222
jholmes@lbti.com
Nevada is sure one busy place......
LBTT News Aug 20
« on: Today at 8:15am » Quote Modify
--------------------------------------------------------------------------------
Lifeline Biotech Inc Com V Quick Quote: LBTT
Lifeline Announces That Inion Receives FDA Clearance for Trinion Meniscus Screw
8/20/04
RENO, Nev., Aug 20, 2004 (BUSINESS WIRE) --
Lifeline Biotechnologies Inc. (PINK: LBTT) today announced that the Trinion Meniscus Screw for use in knee cartilage repair, manufactured by Inion, of Finland and distributed in the U.S. by Lifeline, has received FDA clearance. The clearance allows Inion's Trinion screws to be marketed and sold in the US, complementing the company's Hexalon biodegradable cruciate ligament repair screw. These products are marketed to the sports medicine and orthopedic markets.
Trinion screws are used for the fixation of longitudinal vertical meniscus lesions, where the knee cartilage has torn. The benefits of the Trinion screw include a dual thread screw for optimal fixation with a headless design to allow complete insertion into the meniscus to avoid chondral lesion development. To aid surgeons, the screws are colored to allow improved visibility in arthroscopic procedures and are cannulated for increased ease of insertion.
FDA 510(k) clearance is awarded to medical device manufacturers prior to commercial distribution in the US. Trinion was awarded a CE-mark, the European equivalent of 510(k) clearance in July 2003. Lifeline Biotechnologies currently markets Inion's Haxalon product for anterior crucial ligament repair in the US.
Inion Ltd. is a Finnish company specializing in the development of biodegradable medical implants. Inion's core expertise and technology lies in the design and manufacture of innovative biodegradable polymer devices, such as plates, screws, pins and membranes. These implants are used to enhance the healing of skeletal injuries (bone and soft tissue), such as those caused by trauma or by reconstructive surgery. Inion uses expertise in polymer chemistry and surgical techniques to develop systems with strength and degradation profiles tailored for each surgical application.
Lifeline Biotechnologies, Inc. is a company with innovative medical technologies committed to the improvement of the quality of life through exceptional health care systems. These technologies focus on prevention, early detection, diagnosis and quick recovery of a number of disease conditions. The company's two divisions, Orthopedics Instruments and Cancer Detection technologies, each deal with cutting edge innovation to assist practicing physicians to deliver quality medical care. The MastaScope(TM) is used in the early detection of cancer and other abnormalities of the breast. The MastaScope(TM) has completed development and has entered the marketplace in the US and internationally. The First Warning Systems for assisting in the early detection of breast cancer and the Ovarian Scope for assisting in the early detection of ovarian cancer are continuing to be developed by the company. The Orthopedic division is the exclusive distributor for the Arthronet Shaver Blades in the US, Canada and Mexico and also the exclusive distributor for the Inion bioabsorable screw for the US and Canadian markets. More information is available at the company's website: www.lbti.com.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In particular, when used in the preceding discussion, the words "believe", "experts", "projects", "forecasts", "intends", "will", "anticipated", "could", or "may", and similar conditional expressions are intended to identify forward-looking statements within the meaning of the act and are subject to the safe harbor created by the act. Except for historical information, all of the statements, expectations and assumptions contained in the foregoing are forward-looking statements that involve a number of risks and uncertainties.
SOURCE: Lifeline Biotechnologies Inc.
Lifeline Biotechnologies, Inc.
1600 South Federal Highway, Suite 1145
Pompano Beach, FL 33062
T 954.785.5377 F 954.788.5207
info@lbti.com
Corporate Office
1325 Airmotive Way, Suite 175
Reno, NV 89502
T 775.324.1934 F 775.852.3222
jholmes@lbti.com
Nevada is sure one busy place......
