RESPONSE BIOMEDICAL HITS KEY MILESTONE - COMPLETES BETA TESTING OF RAMP SYSTEM
Vancouver, British Columbia, February 13, 2001 - Response Biomedical Corp. (RBM:CDNX) today announced that it has completed beta testing of the RAMPTM System and myoglobin blood test, a marker used in the diagnosis of heart attacks. The preclinical study evaluated the precision and ease-of-use of RAMP at CEQAL Inc., Canada's leading reference method laboratory and St. Paul's Hospital, both of Vancouver, Canada. "The high degree of reproducibility obtained in this milestone study assures the readiness of the RAMP System for the upcoming FDA clinical trials," said Bill Radvak, President & CEO of Response Biomedical. "Doctors, nurses and clinical laboratory technologists that participated in the study also confirmed that RAMP is simple to operate and will play an important role in the delivery of point-of-care medicine." In North America, over 6 million emergency patient visits are recorded annually for the evaluation of chest pain and related symptoms. Interest in rapid, quantitative results for cardiac markers is widespread with many hospitals moving towards point-of-care testing to enhance patient care and flow in the emergency department. The market for these products is growing at 20% to 30% per year, a trend that is projected to continue through 2005.
Myoglobin is the first of three RAMP cardiac tests to enter into the clinical trial phase of commercialization. Recent American Heart Association guidelines state that patients with suspected acute coronary syndromes must be evaluated rapidly. Studies have shown that serum concentrations of myoglobin are elevated most quickly after a heart attack. Response Biomedical develops quantitative, point-of-care, diagnostic tests for use with its proprietary RAMP System. The RAMP System reduces the cost of healthcare by allowing accurate, rapid, and easy-to-use tests to be performed in hospitals, clinics, laboratories, and doctor's offices worldwide. -30- The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy of the content of the information contained herein. The statements made in this press release may contain certain forward-looking statements that involve a number of risks and uncertainties. Actual events or results may differ from the Company's expectations. <<010213 betatest factsheet.PDF>>
For more information, please contact:
Ryan Males, Ph.D. Manager, Corporate Communications 604.412.6055 tel 604.412.9830 fax Email: rmales@responsebio.com www.responsebio.com |