Frost & Sullivan Honors W. L. Gore & Associates for Product Leadership of the Year in Endovascular Market.Business Editors/Health/Medical Writers SAN FRANCISCO--(BUSINESS WIRE)--March 25, 2004 Frost & Sullivan recognized W. L. Gore & Associates' Medical Products Division with the 2004 Endovascular Product Leadership of the Year for its GORE EXCLUDER(R) Bifurcated bi·fur·cate v. bi·fur·cat·ed, bi·fur·cat·ing, bi·fur·cates v.tr. To divide into two parts or branches. v.intr. To separate into two parts or branches; fork. adj. Endoprosthesis at last night's Global Excellence in Medical Devices Awards Banquet. The EXCLUDER Device, Gore's groundbreaking product, is a potential lifesaving endovascular device for patients of abdominal aortic aneurysm abdominal aortic aneurysm A focal aortic dilation of ≥ 50% ↑ in diameter, accompanied by distension and weakened aortic wall Epidemiology Incidence is rising 12/105–1951; 36/105 (AAA AAA: see American Automobile Association. (Triple A) A common single-cell battery used in a myriad of electronic devices of all variety. Like its double A (AA) cousin, it provides 1.5 volts of DC power. When used in series, the voltage is multiplied. ). This minimally invasive tool is especially beneficial to patients whose conditions are too delicate to permit more invasive open surgery. Frost & Sullivan presents this award to Gore for its successful product development strategies and the extent to which the product has fulfilled customers' requirements. The product has also significantly improved the company's competitive positioning, while enhancing the quality of life of patients. The rising incidences and fatalities of AAA among those over 60 years of age have created a vast market for the GORE EXCLUDER Device. The device was designed to exclude and prevent rupture rupture, in medicine: see hernia. of these aneurysms. In addition, patients who receive the device benefit from fewer surgical and post-surgical complications such as blood loss, time in the hospital, and recuperation recuperation /re·cu·per·a·tion/ (-koo?per-a´shun) recovery of health and strength. recuperation, n the process of recovering health, strength, and mental and emotional vigor. interval. Over 13,000 EXCLUDER Device implantations have been performed in six and a half years. This strong acceptance by physicians and patients is largely due to its comparatively low incidence of major side effects Side effects Effects of a proposed project on other parts of the firm. . In addition, the greater thinness and flexibility of the GORE EXCLUDER Device are so popular with physicians that the company has garnered a phenomenal 30 percent share of the U.S. AAA market. Even more remarkably, the shares are growing every month. "With Gore's reputation for product quality, it is no surprise that FDAs Summary of Safety and Effectiveness report lists no known contraindication contraindication /con·tra·in·di·ca·tion/ (-in?di-ka´shun) any condition which renders a particular line of treatment improper or undesirable. con·tra·in·di·ca·tion n. for the device when used as intended," notes Miriam Nagel, industry analyst with Frost & Sullivan. "The EXCLUDER Device thoroughly deserves this award for being an easy-to-use, physician-friendly delivery system with shorter procedural times." Gore's pioneering efforts in the medical devices market have resulted in several of its technologies being covered under a broad intellectual property portfolio of more than 650 U.S. patents. These ample resources enable Gore to further develop numerous advanced technology products, including specialized applications. Held in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , Calif., the Frost & Sullivan banquet honored world-class companies for outstanding performance and achievements in the medical devices industry. An annual event, the banquet recognizes the quality and merit of these distinguished individuals and companies. About W. L. Gore & Associates Inc. Gore is a leading manufacturer of thousands of advanced technology products for the electronics, industrial, fabrics, and medical markets. The Gore Medical Products Division provides creative healing solutions to complex medical problems. Gore Medical provides such products as synthetic vascular grafts, interventional devices, surgical meshes for hernia repair Hernia Repair Definition Hernia repair is a surgical procedure to return an organ that protrudes through a weak area of muscle to its original position. , and sutures for use in vascular, cardiac, general surgery, and orthopedic orthopedic /or·tho·pe·dic/ (-pe´dik) pertaining to the correction of deformities of the musculoskeletal system; pertaining to orthopedics. procedures. With over 10 million clinical implantations, these devices have been saving and improving the quality of lives worldwide for almost 30 years. To learn more, visit www.goremedical.com. About Frost & Sullivan Founded in 1961, Frost & Sullivan is recognized as a global leader in growth consulting. Frost & Sullivan Awards A Sullivan Award may refer to:
GORE and EXCLUDER(R) are trademarks of W. L. Gore & Associates. |
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