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AMERICAN MEDICAL ELECTRONICS INC. ANNOUNCES FDA PERMISSION TO BEGIN COMMERCIAL MARKETING OF SOFT TISSUE BONE ANCHOR

 DALLAS, Aug. 2 /PRNewswire/ -- American Medical Electronics, Inc. (NASDAQ: AMEI), a manufacturer and distributor of advanced devices for othropaedics and neurosurgery, announced today that the Food and Drug Administration has granted permission to begin commercial marketing of the Ogden soft tissue reattachment device for anchoring sutures to the bone in the repair of rotator cuff tears of the shoulder.
 AME will begin marketing the Ogden anchor before the fourth quarter of
1993. The company acquired the exclusive worldwide license in early


June to manufacture, market and distribute the patented soft tissue reattachment device developed by Dr. William Ogden in association with Advanced Surgical Implants, Inc.
 "Soft tissue reattachment devices, commonly called bone anchors, are currently used primarily for reattaching tendons and ligaments onto bone, most commonly for rotator cuff repairs in the shoulder area," said Joseph Mooibroek, president and chief executive officer of AME. "The shoulder market alone comprises about 380,000 surgical procedures annually, with estimated revenues from bone anchor sales in 1993 of approximately $30 million. The total potential market for bone anchors is currently estimated at approximately a million procedures each year, involving potential sales of over $230 million in bone anchors, if other surgical procedures now under review by the FDA are approved.
 "We are very pleased with the FDA notification, because we believe the Ogden anchor is a superior product that provides an extension of our fixation product line," said Mooibroek. "We expect it to be well accepted by the orthopaedic community because it utilizes proven fixation principles to provide several times the anchoring strength and removal capability over competing devices."
 AME produces and distributes medical devices used primarily by orthopaedic and neurosurgical professionals. The company's product lines include: the Spinal-Stim(R) System to enhance the healing of spinal fusions, Physio-Stim(R) bone growth stimulators for the healing of non-union fractures, the AME(R) Universal Bone Plate, the Halifax(R) Clamp cervical spine fixation system and the Carbon-One(TM) Halo System for patients suffering trauma or deteriorating cervical spine conditions.
 -0- 8/2/93
 /CONTACT: Joseph Mooibroek, president and CEO, 214-918-8383, or Wesley Johnson, VP - Finance and CFO, 214-918-8477, both of American Medical Electronics, Inc./
 (AMEI)


CO: American Medical Electronics, Inc. ST: Texas IN: MTC SU:

LD -- NY129 -- 8609 08/02/93 19:17 EDT
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Publication:PR Newswire
Date:Aug 2, 1993
Words:380
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