Imi Medical Innovations (AMEX:IME)
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Skin sterol linked to history of coronary events
TORONTO, July 25 /PRNewswire-FirstCall/ -- Skin tissue cholesterol is strongly
associated with history of myocardial infarction (MI), or heart attack, and may
indicate increased risk of coronary-related events, according to data published
in the August 2005 edition of Atherosclerosis.
The study, which included 649 patients, was conducted at The Cleveland Clinic
Foundation, Trillium Health Center and St. Michael's Hospital. Skin tissue
cholesterol, or skin sterol, was measured non-invasively by PREVU(x) Point of
Care (POC) Skin Sterol Test (previously known as Cholesterol 1,2,3(TM)).
"PREVU(x) POC could ultimately help to save countless lives by enabling earlier
intervention and prevention of heart attacks before they happen," said Dr. Brent
Norton, President and Chief Executive Officer, IMI International Medical
Innovations Inc. (TSX: IMI; Amex: IME), developer of the test. "We are
continuing to examine the relationship between skin sterol and MI in other
studies underway. Collectively, this new data could help us to expand PREVU(x)
POC's indications for use and significantly increase the growth opportunities
for this technology."
PREVU(x) POC, marketed and distributed worldwide by McNeil Consumer Healthcare,
Canada, tests the amount of sterol in the skin tissues. The test does not
require the drawing of blood or a special pre-test diet and takes less than
five minutes to perform. PREVU(x) POC is available for sale to medical
professionals in the United States and Canada and in select European markets.
"Earlier studies have demonstrated that skin sterol provides a snapshot of the
presence and extent of angiographic disease," said Dr. Dennis Sprecher,
principal investigator of the study. "PREVU(x) POC is a user-friendly,
cost-effective tool that can help to further refine risk assessment, so that
health care professionals are better equipped to target and adjust prevention
therapies."
About the Study
The study included 649 patients, not on lipid-lowering medications, who
underwent non-emergency coronary angiography and concurrent skin sterol
measurement. The population included 225 patients with a history of myocardial
infarction, 50 with a history of coronary artery bypass graft (CABG) and 240
who had no history of MI or CABG. Patients with a history of MI had
significantly higher skin sterol than those without (p (equal sign) 0.002),
even after adjustment for traditional risk factors and extent of angiographic
disease. Similarly, there was an even stronger correlation between skin sterol
and a history of CABG (p less than 0.001).
The paper, titled Elevated Skin Tissue Cholesterol Levels and Myocardial
Infarction, is by Dennis L. Sprecher, MD and Gregory L. Pearce, PhD, of the
University of Pennsylvania in Philadelphia.
About Cardiovascular Disease
According to the World Health Organization, cardiovascular diseases (CVD),
which include coronary artery disease, stroke and other diseases, account for
about 17 million deaths per year worldwide. By 2025, CVD is expected to cause
25 million deaths annually. More people worldwide --- approximately 7 million
--- die from coronary artery disease than any other cause.
According to the American Heart Association, in the U.S., about every 26
seconds one American will suffer a coronary event, and about every minute,
someone will die from one.
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/.
Corporate Name Change
In September 2005, IMI will change its corporate name to PreMD Inc. to better
reflect the company's leading position in the predictive medicine field. The
new website will be http://www.premdinc.com/.
For North American sales inquiries related to PREVU(x) POC Skin Sterol Test,
please call McNeil's customer service hotline at 1-866-283-8328. For European
sales inquiries, please call 00-800-8283-8328. All e-mail inquiries may be
forwarded to .
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
successful development or marketing of the Company's products, the
competitiveness of the Company's products if successfully commercialized, the
lack of operating profit and availability of funds and resources to pursue R&D
projects, the successful and timely completion of clinical studies, product
liability, reliance on third-party manufacturers, the ability of the Company to
take advantage of business opportunities, uncertainties related to the
regulatory process, the inability of the Company to change its name to PreMD
Inc. in the time projected due to any reason, 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 Contact: Sarah Borg-Olivier, Director, Communications,
T: (416) 222-3449, ; U.S. Investor Contact: John
Nesbett, Sally Martin, The Investor Relations Group, T: (212) 825-3210,
,