Celsion Corporation Completes Phase I Clinical Trial of Its Breast Cancer Treatment System.Business Editors & Medical Writers COLUMBIA, Md.--(BUSINESS WIRE)--August 1, 2000 Celsion Corporation (AMEX AMEX See: American Stock Exchange : CLN), a pioneer in the use of focused heat in the treatment of cancer, announced today all 10 patients required to complete Phase I Clinical Trials for its patented Breast Cancer Treatment This article or section recently underwent a major revision or rewrite and needs further review. You can help! The mainstay of breast cancer treatment is surgery when the tumor is localized, with possible adjuvant hormonal therapy (with tamoxifen or an aromatase System have been treated. Phase I Clinical Trials are designed to test the feasibility and safety of the treatment system. The Company expects, within 45-60 days, to report results to the FDA and apply for permission to begin the final and pivotal Phase II multi-center trials necessary to obtain approval for commercialization. Celsion's approach differs significantly from current breast cancer therapies. It is a minimally invasive outpatient procedure. The patient undergoes a single focused heat treatment using tumor-targeting microwave antennae. In this procedure, it is intended that focused heat alone will ablate (kill) the tumor. No anesthesia is required. After treatment, patients spend 15-20 minutes with their doctor in a debriefing and then are free to leave under their own power. The Celsion Breast Cancer Treatment System utilizes Adaptive Phased Array (APA) technology to focus microwave heat in a unique, targeted manner. APA technology was originally developed at MIT for use in "Star Wars" missile defense systems. This technology was unavailable to first generation hyperthermia hyperthermia /hy·per·ther·mia/ (-ther´me-ah) hyperpyrexia; greatly increased body temperature.hyperther´malhyperther´mic malignant hyperthermia machines developed in the mid-80's; as a result, those machines often burned the skin and tissue around the tumor. The Company believes that its second generation heating systems equipped with APA technology can focus heat directly on tumors deep within the body without harming surrounding tissue. Celsion's Phase I Breast Cancer Clinical Trials were conducted at the Center for Breast Surgery (an HCA affiliate) in West Palm Beach, Florida West Palm Beach, also known as West Palm, is the most populous city in Palm Beach County, Florida, USA. The city is also the oldest incorporated municipality in South Florida. According to the University of Florida's 2006 estimates, the city had a population of 107,617. and at UCLA's Harbor Medical Center in Los Angeles, California. About Celsion: Celsion Corporation is a research and development company dedicated to commercializing medical treatment systems for cancer and other diseases using focused heat technology delivered by patented microwave technology. Celsion has research, license or commercialization agreements with leading institutions such as Duke University Medical Center, Massachusetts Institute of Technology Massachusetts Institute of Technology, at Cambridge; coeducational; chartered 1861, opened 1865 in Boston, moved 1916. It has long been recognized as an outstanding technological institute and its Sloan School of Management has notable programs in business, , Harbor UCLA Medical Center UCLA Medical Center is a hospital located on the campus of the University of California, Los Angeles in Los Angeles, California. It is rated as one of the top three hospitals in the United States and is the top hospital on the West Coast according to US News & World Report. , the University of California The University of California has a combined student body of more than 191,000 students, over 1,340,000 living alumni, and a combined systemwide and campus endowment of just over $7.3 billion (8th largest in the United States). at San Francisco, the Center for Breast Surgery at Columbia Hospital in Florida, Montefiore Medical Center Montefiore Medical Center, in the Bronx, New York, is the university hospital of the Albert Einstein College of Medicine. The hospital, named after Moses Montefiore, is one of the 50 largest employers in New York State [1]. , Memorial Sloan Kettering Cancer Center in New York and Duke University. Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties including, without limitation, unforeseen changes in the course of research and development activities and in clinical trials; possible changes in cost and timing of development and testing, capital structure, and other financial items; changes in approaches to medical treatment; introduction of new products by others; possible acquisitions of other technologies, assets or businesses; possible actions by customers, suppliers, competitors, regulatory authorities; and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission. |
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