Corgenix Receives Second U.S. Patent on AtherOx(TM) Technology.U.S. Patent Office Grants Patent # 7,160,733 for Technology Used in Corgenix Next-Generation Predictive Cardiovascular Diagnostic Product Line DENVER -- Corgenix Medical Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : CONX), a worldwide developer and marketer of diagnostic test kits, has received notification of U.S. Patent Office approval for technology to which Corgenix holds exclusive worldwide licensing rights outside of Japan. The technology is incorporated in the Company's AtherOx[TM] product group, a next-generation technology to identify individuals at risk for developing atherosclerotic cardiovascular disease Cardiovascular disease Disease that affects the heart and blood vessels. Mentioned in: Lipoproteins Test cardiovascular disease . US Patent # 7,160,733 was issued January 9, 2007. The patent, Ligand Specific to [eth]2-glycoprotein I and Use Thereof, describes in detail the chemical structures and the interaction of oxidized oxidized having been modified by the process of oxidation. oxidized cellulose see absorbable cellulose. LDL LDL - ["LDL: A Logic-Based Data-Language", S. Tsur et al, Proc VLDB 1986, Kyoto Japan, Aug 1986, pp.33-41]. with [eth]2-glycoprotein I to form particularly damaging complexes. A laboratory test method for detecting oxLDL/[eth]2-glycoprotein I complexes and antibodies to these complexes were also described for diagnosing arterial thrombosis as seen in atherosclerotic disease Atherosclerotic disease The progressive narrowing and hardening of the arteries over time. Mentioned in: Retinal Artery Occlusion . The new patent supplements a previous US patent (# 5,900,359 issued May 4, 1999, Method for Determination of Oxidized Lipoproteins Lipoproteins The packages in which cholesterol and triglycerides travel throughout the body. Mentioned in: Lipoproteins Test lipoproteins (lip´ōprō´tēns), n. and Use Thereof). The original patent described the method by which a specific interaction of [eth]2-glycoprotein I with the oxidized form of low-density lipoprotein low-density lipoprotein n. Abbr. LDL A lipoprotein that contains relatively high amounts of cholesterol and is associated with an increased risk of atherosclerosis and coronary artery disease. (oxLDL) leads to the formation of oxLDL/[eth]2-glycoprotein I complexes. This interaction does not occur with the native or non-oxidized form of LDL. A laboratory test method for the detection of the complexes was described in the patent which provides the basis for the Corgenix AtherOx[TM] product group. Douglass Simpson, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Corgenix said, "We are very pleased to announce this important addition to our IP portfolio. We have several products in the latter stages of the development pipeline, with FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. submission expected soon. Since cardiovascular disease is one of the world's leading causes of death, the early detection of atherosclerosis has become increasingly important, and we are optimistic about our ability to serve this significant market." None of the AtherOx[TM] products has been cleared by the FDA for in vitro in vitro /in vi·tro/ (in ve´tro) [L.] within a glass; observable in a test tube; in an artificial environment. in vi·tro adj. In an artificial environment outside a living organism. use in the United States. In all countries where the use of these products has not been cleared, the products shall not be used for diagnostic use as the performance characteristics have not yet been established. About Corgenix Medical Corporation Corgenix is a leader in the development and manufacturing of specialized diagnostic kits for immunology disorders, vascular diseases and bone and joint disorders. Corgenix diagnostic products are commercialized for use in clinical laboratories throughout the world. The company currently sells over 50 diagnostic products through a global distribution network and has significant experience advancing products through the FDA process. More information is available at www.corgenix.com. Statements in this press release that are not strictly historical facts are "forward looking" statements (identified by the words "believe", "estimate", "project", "expect" or similar expressions) within the meaning 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. These statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, continued acceptance of the Company's products and services in the marketplace, competitive factors, changes in the regulatory environment, and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. The statements in this press release are made as of today, based upon information currently known to management, and the company does not undertake any obligation to publicly update or revise any forward-looking statements. |
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