Imi Medical Innovations (AMEX:IME)
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New skin sterol data to be presented at American Association for
Clinical Chemistry meeting
TORONTO, May 24 /PRNewswire-FirstCall/ -- Predictive medicine company IMI
International Medical Innovations Inc. (Amex: IME; TSX: IMI) today announced
that a scientific abstract featuring PREVU(x) LT Skin Sterol Test, the
lab-processed format of the company's non-invasive test for cardiovascular
disease risk assessment, has been accepted for presentation at the American
Association for Clinical Chemistry (AACC) Annual Meeting, July 24 - 28, in
Orlando, Florida.
"This is the first time data on PREVU(x) LT will be presented in such a forum,
which significantly enhances the credibility of this new test format," said Dr.
Brent Norton, IMI President and CEO. "This event will foster additional
awareness and discussion of the value and potential of our skin sterol
technology."
The abstract accepted for presentation is A novel, non-invasive skin- stripping
device and method for measurement of cholesterol in skin samples, co-authored
by P. Horsewood, R. Zawydiwski, M. Evelegh, M. Patterson, S. Dudek and M.
Gupta.
The AACC is an international scientific/medical society of clinical laboratory
professionals, physicians, research scientists and others involved with
clinical laboratory medicine, science and related disciplines. The AACC
provides leadership in advancing the practice and profession of clinical
laboratory medicine and its role in improving health care. Its members develop
and perform tests conducted in hospital laboratories, clinics, medical centers
and other health care settings.
About IMI
IMI (http://www.imimedical.com/) is a world leader in predictive medicine,
dedicated to developing rapid, non-invasive tests for the early detection of
life-threatening diseases. IMI's cardiovascular products, which are branded as
PREVU(x) Skin Sterol Test, are marketed and distributed worldwide by McNeil
Consumer Healthcare, Canada. The company's cancer tests include
ColorectAlert(TM), LungAlert(TM) and a breast cancer test. IMI's head office is
located in Toronto, and its research and product development facility is at
McMaster University in Hamilton, Ontario. For information regarding PREVU(x),
please go visit http://www.prevu.com/.
This press release contains forward-looking statements. These statements
involve known and unknown risks and uncertainties, which could cause the
Company's actual results to differ materially from those in the forward-looking
statements. Such risks and uncertainties include, among others, the lack of
operating profit and availability of funds and resources to pursue R&D
projects, the successful and timely completion of clinical studies, the
successful development or marketing of the Company's products, reliance on
third-party manufacturers, the competitiveness of the Company's products if
successfully commercialized, the ability of the Company to take advantage of
business opportunities, uncertainties related to the regulatory process, and
general changes in economic conditions. In addition, while the Company
routinely obtains patents for its products and technology, the protection
offered by the Company's patents and patent applications may be challenged,
invalidated or circumvented by our competitors and there can be no guarantee of
our ability to obtain or maintain patent protection for our products or product
candidates.
Investors should consult the Company's quarterly and annual filings with the
Canadian and U.S. securities commissions for additional information on risks
and uncertainties relating to the forward-looking statements. Investors are
cautioned not to rely on these forward-looking statements. IMI is providing
this information as of the date of this press release and does not undertake
any obligation to update any forward-looking statements contained in this press
release as a result of new information, future events or otherwise.
DATASOURCE: IMI International Medical Innovations Inc.
CONTACT: Company: Sarah Borg-Olivier, Director, Communications,
T: (416) 222-3449, ; U.S. Investor Contact:
Andrea Faville, John Nesbett, The Investor Relations Group,
T: (212) 825-3210, ,