Aksys Ltd. to Present at Piper Jaffray Healthcare Conference.PIPER JAFFRAY HEALTHCARE CONFERENCE, NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Feb. 4 /PRNewswire/ -- Aksys, Ltd., founded in January 1991, is developing a breakthrough personalized hemodialysis (PHD(TM)) system which will greatly improve the health, quality of life, and disease management of patients with End Stage Renal Disease (ESRD ESRD end-stage renal disease.
End-stage renal disease; chronic or permanent kidney failure.
Mentioned in: Dialysis, Kidney
ESRD End-stage renal disease, see there ). By using proprietary technology to overcome limitations of current dialysis methods, Aksys has created a completely automated and exceptionally user friendly dialysis system for frequent use at home or at a limited care facility. With the Aksys PHD(TM) system, patients with ESRD will have, for the first time, use of a simple and reliable personalized hemodialysis system which offers significant economic and clinical advantages over in-center hemodialysis and home peritoneal dialysis (PD). Aksys completed its IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. in May of 1996, raising $53 million. This will enable the Company to complete product development, clinical evaluation, regulatory filings and launch the product in the second half of 1999 in the U.S. and/or Europe.