Bio-Plexus receives FDA approval for Winged Set.TOLLAND, Conn.--(BUSINESS WIRE)--July 1, 1996--Bio-Plexus, Inc., (NASDAQ/NMS:BPLX), designer, developer, manufacturer and marketer of safety medical products under the Punctur-Guard(R) name, announced today that it has received 510(k) approval from the U.S. Food and Drug Administration to market the Punctur-Guard(R) Winged Set. Domestic market size for the safety winged set is estimated at approximately $140 million per year. Marketing of the product will begin immediately. The winged set consists of a small needle with a pair of plastic wings that gives the healthcare worker a greater ability to control the needle for very precise vein insertion. It is used primarily to draw blood from patients whose veins are difficult to access, typically geriatric geriatric /ger·i·at·ric/ (jer?e-at´rik) 1. pertaining to elderly persons or to the aging process. 2. pertaining to geriatrics. ger·i·at·ric adj. 1. or pediatric patients pediatric patient Child, see there . As with the Punctur-Guard(R) blood collection needle, the winged set enters the patient sharp and is removed blunt blunt (blunt) having a thick or dull edge or point; not sharp. , minimizing a healthcare worker's exposure to the sharp, contaminated contaminated, v 1. made radioactive by the addition of small quantities of radioactive material. 2. made contaminated by adding infective or radiographic materials. 3. an infective surface or object. needle. "We are very excited about our ability to market this new safety needle. Field testing has shown significant interest in the winged set and this addition to our product line should accelerate revenue growth," said Ronald A. Haverl, chief executive officer of Bio-Plexus. CONTACT: Bio-Plexus, Inc. Christina Tamburro, 203/871-8601 or Porter, Le Vay & Rose, Inc. Marilynn Meek meek adj. meek·er, meek·est 1. Showing patience and humility; gentle. 2. Easily imposed on; submissive. , 212/564-4700 |
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