Hemosense (AMEX:HEM)
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From Jan 2020 to Jan 2025
HemoSense, Inc. (AMEX:HEM) today announced that it has received
medical device licenses from Health Canada to market its INRatio®
PT/INR monitoring system for point-of-care and patient self testing in
Canada. HemoSense expects to formalize distribution relationships during
the current fiscal quarter, and begin selling INRatio within Canada in
the coming months.
“We believe that entry into the Canadian
market represents a significant growth opportunity with an estimated
600,000 patients on chronic warfarin therapy,”
said Timothy Still, executive VP and chief commercial officer of
HemoSense. “We are committed to providing
convenient and easy-to-use PT/INR monitoring solutions to assist
patients in managing their warfarin levels. To further strengthen our
ability to expand into international markets, we received ISO 13485
certification in July of last year. ISO certification is an
internationally recognized quality standard for medical devices, which
is mandatory for obtaining commercial approval in a number of countries,
including Canada.”
Canada's health care system is a group of socialized health insurance
plans that provide preventative care and medical treatment coverage to
all Canadian citizens.
About HemoSense
HemoSense is a point-of-care diagnostic healthcare company that
develops, manufactures and markets easy-to-use, handheld blood
coagulation systems for monitoring patients taking warfarin. The
HemoSense INRatio® system, used by healthcare
professionals and patients themselves, consists of a small monitor and
disposable test strips. It provides accurate and convenient measurement
of blood clotting time, or PT/INR values. Routine measurements of PT/INR
are necessary for the safe and effective management of the patient’s
warfarin dosing. INRatio is sold in the United States and
internationally. For more information, visit www.hemosense.com.
This press release contains forward-looking statements within the
meaning of the U.S. Private Securities Litigation Reform Act of 1995.
Statements in this press release regarding the Company's business that
are not historical facts may be "forward-looking statements" that
involve risks and uncertainties. Specifically, the statements regarding
the Company’s ability to formalize
distribution relationships during the current fiscal quarter, and begin
selling INRatio within Canada in the coming months are forward-looking
statements within the meaning of the Safe Harbor. Forward-looking
statements are based on management's current, preliminary, expectations
and are subject to risks and uncertainties which may cause the actual
results to differ materially from the statements contained herein.
Further information on the Company's business and risk factors are
detailed in its filings with the Securities and Exchange Commission,
including its 2006 Form 10-K filed on December 27, 2006. Undue reliance
should not be placed on these forward-looking statements, which speak
only as of the date they are made. The Company undertakes no obligation
to update publicly any forward-looking statements to reflect new
information, events or circumstances after the date they were made, or
to reflect the occurrence of unanticipated events.
HemoSense® and INRatio®
are registered trademarks of HemoSense, Inc.