ArthroCare Announces Worldwide Release of TOPAZ MicroDebrider for Arthroscopic Surgery; Early Clinical Results Promising.Business Editors & Health/Medical Writers SUNNYVALE, Calif. & WASHINGTON--(BW HealthWire)--April 25, 2002 ArthroCare Corp. (Nasdaq:ARTC ARTC Arthrocare Corp (stock symbol) ARTC Australian Rail Track Corporation ARTC Air Route Traffic Control ARTC Association de la Recherche Theatrale au Canada ARTC Andean Root and Tuber Crops ) today announced that it is pleased with the early clinical results of the use of Coblation(R) technology in tendons which will be presented at the Arthroscopy Arthroscopy Definition Arthroscopy is the examination of a joint, specifically, the inside structures. The procedure is performed by inserting a specifically designed illuminated device into the joint through a small incision. Association of North America (AANA AANA American Association of Nurse Anesthetists AANA Arthroscopy Association of North America AANA Australian Association of National Advertisers AANA Alumni Association of North America AANA Alaska Nurses Association AANA Assam Association of North America ) meeting held in Washington, D.C. this week. James P. Tasto, M.D., San Diego Sports Medicine sports medicine, branch of medicine concerned with physical fitness and with the treatment and prevention of injuries and other disorders related to sports. Knee, leg, back, and shoulder injuries; stiffness and pain in joints; tendinitis; "tennis elbow"; and and Orthopedic Center, who performed the clinical study, will present the results. Dr. Tasto is also a Professor of Orthopedic Surgery Orthopedic Surgery Definition Orthopedic (sometimes spelled orthopaedic) surgery is surgery performed by a medical specialist, such as an orthopedist or orthopedic surgeon, trained to deal with problems that develop in the bones, joints, and ligaments at the University of California, San Diego UCSD is consistently ranked among the top ten public universities for undergraduate education in the United States by U.S. News & World Report.[3] It is a Public Ivy. [1] For graduate studies, most of UCSD's Ph.D. . As part of the study, Dr. Tasto clinically evaluated the company's TOPAZ(TM) MicroDebrider, which is being introduced this week at both AANA and the European Society of Knee Surgery, Sports Traumatology traumatology /trau·ma·tol·o·gy/ (-tol´o-je) the branch of surgery dealing with wounds and disability from injuries. trau·ma·tol·o·gy n. and Arthroscopy (ESSKA) meeting in Rome. The TOPAZ MicroDebrider is available in international markets for patients with chronic tendonopathies like tennis elbow and jumpers' knee, while cleared in the United States only for general applications including the ablation and debridement Debridement Definition Debridement is the process of removing nonliving tissue from pressure ulcers, burns, and other wounds. Purpose Debridement speeds the healing of pressure ulcers, burns, and other wounds. of soft tissue, such as tendons in the knee, shoulder, elbow, ankle and wrist. "This clinical study concludes a larger, three-year research program evaluating the effectiveness of this technology," said Dr. Tasto. "While the results of the TOPAZ procedure are preliminary, we are highly satisfied by what we have seen thus far. Potentially, this minimally invasive technology offers an alternative for millions of patients for whom conservative therapies have failed." About ArthroCare ArthroCare Corp. (www.arthrocare.com), headquartered in Sunnyvale, Calif., is a multi-business medical device company that develops, manufactures and markets minimally invasive soft tissue surgical products based on its patented Coblation technology. Coblation uses low-temperature radio-frequency energy to gently and precisely dissolve rather than burn soft tissue, minimizing damage to healthy tissue. ArthroCare targets a multi-billion dollar market opportunity across several medical specialties, significantly improving surgical procedures and enabling new, minimally invasive procedures. ArthroCare's Coblation-based devices have been used in more than 1.5 million surgical procedures worldwide. The company has developed and marketed Coblation-based products for arthroscopic, spine/neurologic, ear, nose and throat, cosmetic, urologic, gynecologic gynecologic /gy·ne·co·log·ic/ (gi?ne-) (jin?e-kah-loj´ik) pertaining to the female reproductive tract or to gynecology. and laparoscopic/general surgical procedures, and continues research in other areas. Safe Harbor Statements Except for historical information, this press release includes forward-looking statements. These statements include, but are not limited to, the anticipated success of newly-introduced products, the company's belief that certain surgical products and procedures will enhance achievement of the company's long-term potential, the affect of anticipated government regulatory clearances, continued success of product diversification efforts, and other statements that involve risks and uncertainties. These risks and uncertainties include, but are not limited to the uncertainty of success of the company's non-arthroscopic products, competitive risk, uncertainty over reimbursement, need for governmental clearances or approvals before selling products, and the uncertainty of protecting the company's patent position. These and other risks and uncertainties are detailed from time to time in the company's Securities and Exchange Commission filings, including ArthroCare's Form 10-K for the year ended December 29, 2001. Forward-looking statements are indicated by words or phrases such as "anticipates," "estimates," "projects," "believes," "intends," "expects," and similar words and phrases Words and Phrases® A multivolume set of law books published by West Group containing thousands of judicial definitions of words and phrases, arranged alphabetically, from 1658 to the present. . Actual results may differ materially from management plans. |
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