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Share Name | Share Symbol | Market | Type |
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IceCure Medical Ltd | NASDAQ:ICCM | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.04 | -3.48% | 1.11 | 1.10 | 1.25 | 1.19 | 1.11 | 1.15 | 404,824 | 05:00:09 |
CAESAREA, Israel, Oct. 7, 2024 /PRNewswire/ -- IceCure Medical Ltd. (Nasdaq: ICCM) ("IceCure", "IceCure Medical" or the "Company"), developer of minimally-invasive cryoablation technology that destroys tumors by freezing as an alternative to surgical tumor removal, today announced that IceCure's ICE3 trial and five additional studies featuring new data on ProSense's® use in breast cancer and fibroadenoma were presented at the 2024 European Society of Breast Imaging (EUSOBI) Scientific Meeting and Annual Conference which took place in Lisbon, Portugal on October 3-5, 2024.
The 2024 EUSOBI Abstract Award was received by Dr. Kenneth Tomkovich, Co-Primary Investigator of the ICE3 trial, for his abstract "Image Guided Cryoablation as a Primary Treatment for Low-Risk Breast Cancers: Results and Imaging Findings of the ICE3 Trial." Dr. Tomkovich remarked, "The significance of a U.S. study gaining such high recognition by a European medical society is a testament to the excellent results—a 96.3% recurrence free rate for those treated with ProSense® and endocrine therapy—that demonstrates cryoablation for small, low-risk breast cancer to be a safe and effective primary treatment option to surgical lumpectomy."
The THERMAC Trial on Treatment of Breast Cancer with Percutaneous Thermal Ablation from the Netherlands was awarded the EUSOBI Young Physician Scientists Prize. The THERMAC trial compared the efficacy of treatment in terms of complete ablation with radiofrequency, microwave, and cryoablation. Cryoablation demonstrated the highest complete rate of ablation at 94% with no adverse events, making it the safest and most effective among the methods used in the trial. In comparison, for patients in the same study who underwent radiofrequency there was a complete ablation rate of 33% and 50% experienced mild to moderate adverse events. For patients in the same study treated with microwave, there was a complete ablation rate of 73% and 40% experienced mild to moderate adverse events.
An estimated 1700+ professionals in attendance at EUSOBI had the opportunity to learn more about the ProSense® Cryoablation System for the treatment of fibroadenoma and breast cancer, both of which are approved indications for ProSense® in Europe. IceCure's booth featured live demonstrations from expert users and the IceCure team, who were on hand to discuss the growing evidence for breast cancer cryoablation and ProSense®'s advantages. On October 4, world-leading cryoablation experts, Dr. Lucía Graña-López of Servizo Galego de Saúde, Spain, and Dr. Federica Di Naro of Azienda Ospedaliero-Universitaria Careggi, Italy were at the booth for demonstrations and Q&A. Both Dr. Grana-Lopez and Dr. Di Naro have previously published studies demonstrating ProSense® destroyed or reduced 100% of breast cancer tumors.
"The fact that six major studies on ProSense® in the treatment of breast cancer were presented, and two won awards, in Europe's most prestigious breast imaging conference speaks volumes to the potential of ProSense® to treat more patients in Europe and around the world," stated IceCure CEO Eyal Shamir. "The growing body of evidence from independent, investigator initiated studies supports our commercial activities globally. We had highly productive talks at the EUSOBI conference with hospitals, clinics, and doctors interested in acquiring ProSense® systems so they can offer a safe and effective minimally invasive option to their patients."
The following is a summary of six abstracts featuring ProSense® Cryoablation, including IceCure's ICE3 trial, presented at EUSOBI 2024:
About IceCure Medical
IceCure Medical (Nasdaq: ICCM) develops and markets advanced liquid-nitrogen-based cryoablation therapy systems for the treatment of tumors (benign and cancerous) by freezing, with the primary focus areas being breast, kidney, bone and lung cancer. Its minimally invasive technology is a safe and effective alternative to hospital surgical tumor removal that is easily performed in a relatively short procedure. The Company's flagship ProSense® system is marketed and sold worldwide for the indications cleared and approved to date including in the U.S., Europe and China.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "potential," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. For example, IceCure is using forward looking statements in this press release when it discusses the potential of ProSense to treat more patients in Europe and around the world. Historical results of scientific research and clinical and preclinical trials do not guarantee that the conclusions of future research or trials will suggest identical or even similar conclusions. Important factors that could cause actual results, developments and business decisions to differ materially from those anticipated in these forward-looking statements include, among others: the Company's planned level of revenues and capital expenditures; the Company's available cash and its ability to obtain additional funding; the Company's ability to market and sell its products; legal and regulatory developments in the United States and other countries; the Company's ability to maintain its relationships with suppliers, distributors and other partners; the Company's ability to maintain or protect the validity of its patents and other intellectual property; the Company's ability to expose and educate medical professionals about its products; political, economic and military instability in the Middle East, specifically in Israel; as well as those factors set forth in the Risk Factors section of the Company's Annual Report on Form 20-F for the year ended December 31, 2023 filed with the SEC on April 3, 2024, and other documents filed with or furnished to the SEC which are available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
IR Contact:
Email: investors@icecure-medical.com
Michael Polyviou
Phone: 732-232-6914
Todd Kehrli
Phone: 310-625-4462
Logo: https://mma.prnewswire.com/media/2319310/IceCure_Medical_Logo.jpg
View original content:https://www.prnewswire.com/news-releases/icecures-prosense-featured-in-6-global-studies-on-cryoablation-of-breast-tumors-at-the-2024-european-society-of-breast-imaging-conference-302268763.html
SOURCE IceCure Medical
Copyright 2024 PR Newswire
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