Cyberkinetics Presents Seven-Month Results from Pilot Study of BrainGate(TM) Neural Interface System at ICORR Meeting.FOXBOROUGH, Mass. -- Cyberkinetics Neurotechnology Systems, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). - CYKN) reported ongoing pilot clinical trial progress of the Company's BrainGate(TM) Neural Interface System (BrainGate System) in a poster presentation titled, "Case Study: Reliability of Multi-Electrode Array in the Knob Area of Human Motor Cortex motor cortex n. The region of the cerebral cortex influencing movements of the face, neck and trunk, and arm and leg. Also called excitable area, motor area, Rolando's area. Intended for a Neuromotor Prosthesis prosthesis (prŏs`thĭsĭs): see artificial limb. prosthesis Artificial substitute for a missing part of the body, usually an arm or leg. Application." The poster was presented on June 29, 2005, at the 9th International Conference on Rehabilitation Robotics (ICORR ICorr Institute of Corrosion (UK) ICORR Iowa Coalition of Off-Road Riders ) hosted by the Rehabilitation Institute of Chicago The Rehabilitation Institute of Chicago is a rehabilitation hospital located in Chicago, Illinois, United States. It is a part of the McGaw Medical Center of Northwestern University. . ICORR is a series of international conferences focused on advances in rehabilitative robotic devices designed to assist people with moderate to severe motor impairments. Cyberkinetics' BrainGate System is being developed to enable those with motor impairments resulting from a variety of causes to control a wide range of external devices. Interim results detailed in Cyberkinetics' ICORR poster presentation cover seven months of its ongoing pilot trial of its BrainGate System in people with severe paralysis. In the current study, researchers demonstrated the reliability of the BrainGate System to detect the activity of neurons over extended periods of time. Researchers also reported on the use of newly developed software to automatically sort neuronal signals in approximately two minutes, a significant reduction over the 30-minute time span previously required for technicians to manually sort neuronal signals. This automated process appeared to extract data from more neurons than were previously extracted manually. The automated software element is a critical building block for the Company's M*Power(TM) Controller System (M*Power(TM) Controller). "Our participation in the ICORR meeting is an important step as we look to the future incorporation of limb-movement technologies in our clinical trial planning," commented John P. Donoghue John P. Donoghue (born 1957) is an American politician from Maryland and a member of the Democratic Party. He is currently serving in his 5th term in the Maryland House of Delegates, representing Maryland's District 2C in Washington County. , Ph.D., Cyberkinetics' founder and Chief Scientific Officer. "As this poster details, we have gained extensive knowledge based upon months of experience from a person with severe paralysis using our BrainGate System." Ultimately, Cyberkinetics' M*Power Controller is intended to enable users of the system to readily perform a wide variety of daily activities that are currently beyond their abilities, extending from control of everyday devices to as far as restoration of limb movement and communication. For example, a motor impaired individual could, by thought alone, use the M*Power Controller System to control a hybrid cell phone/computer, such as an iPAQ, to make and receive telephone calls, to control light switches or a television, and to access the internet and communicate via e-mail. Cyberkinetics expects the improved M*Power Controller System, in the future, to be easier for patients and their families because it would enable them to use the BrainGate System on a routine basis without reliance on a specialized technician. Results from the current study demonstrate that: --Cyberkinetics' BrainGate System detects, transmits and analyzes the firing of individual neurons in the patient's motor cortex; --The patient is able to modulate neural activity by imagining arm and hand movement; and --The BrainGate System translates neural signals into a computer cursor controller that has enabled the study participant to perform activities of daily living, including control of computer software, as well as reaching, grasping and moving objects through a robotic limb. About Cyberkinetics Neurotechnology Systems, Inc. Cyberkinetics Neurotechnology Systems, a leader in brain interface technology, is developing products to treat nervous system diseases and disorders by bringing together advances in neuroscience, computer science and engineering. Cyberkinetics' products are based on over ten years of technology development and cutting-edge neuroscience research at leading academic institutions such as Brown University, the 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, , Emory University, and the University of Utah The University of Utah (also The U or the U of U or the UU), located in Salt Lake City, is the flagship public research university in the state of Utah, and one of 10 institutions that make up the Utah System of Higher Education. . Cyberkinetics is publicly traded on the Over the Counter Bulletin Board under the ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors CYKN. The Company is headquartered in Foxborough, Massachusetts and conducts engineering and research in Salt Lake City, Utah For ships of the United States Navy of the same name, see . Salt Lake City is the capital and the most populous city of the U.S. state of Utah. The name of the city is often shortened to Salt Lake, or its initials, S.L.C. . Cyberkinetics' flagship product, the BrainGate(TM) Neural Interface System, is being designed to give severely paralyzed par·a·lyze tr.v. par·a·lyzed, par·a·lyz·ing, par·a·lyz·es 1. To affect with paralysis; cause to be paralytic. 2. To make unable to move or act: paralyzed by fear. individuals, as well as individuals with motor impairment from a variety of causes, a long-term, direct brain-computer interface for the purpose of communication and control of a computer, assistive devices, and, ultimately, limb movement. Patients are currently being enrolled into a pilot clinical trial to test the BrainGate(TM) System's safety and feasibility. Cyberkinetics has received 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. clearance to market the NeuroPort(TM) System, a neural monitor designed for acute inpatient applications and labeled for temporary (less than 30 days) recording and monitoring of brain electrical activity. The NeuroPort System can contribute to the diagnosis and treatment of neurological conditions Neurological conditions A condition that has its origin in some part of the patient's nervous system. Mentioned in: Pervasive Developmental Disorders in patients who have undergone craniotomy Craniotomy Definition Surgical removal of part of the skull to expose the brain. Purpose A craniotomy is the most commonly performed surgery for brain tumor removal. by providing neurologists and neurosurgeons a new resource to detect, transmit and analyze neural activity. Reprints of the ICORR poster, digital photos and illustrations of the BrainGate System are available at www.cyberkineticsinc.com. Forward Looking Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement: This announcement contains forward-looking statements, including statements about Cyberkinetics' product development plans and progress. These statements 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, and can be identified by the use of forward-looking terminology such as "may," "will," "believe," "expect," "anticipate" or other comparable terminology. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected in forward-looking statements and reported results shall not be considered an indication of our future performance. Factors that might cause or contribute to such differences include our limited operating history; our lack of profits from operations; our ability to successfully develop and commercialize our proposed products; a lengthy approval process and the uncertainty of FDA and other governmental regulatory requirements; clinical trials may fail to demonstrate the safety and effectiveness of our products; the degree and nature of our competition; our ability to employ and retain qualified employees; compliance with recent legislation regarding corporate governance, including the Sarbanes-Oxley Act of 2002; as well as those risks more fully discussed in our public filings with the Securities and Exchange Commission, all of which are difficult to predict and some of which are beyond our control. |
|
||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion