SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Medtronic (MDT) -- Ignore unavailable to you. Want to Upgrade?


To: Jack Hartmann who wrote (502)6/15/2000 6:25:00 AM
From: Mike  Read Replies (1) | Respond to of 687
 
Good news on the CHF devices from MDT. This news is very important on two fronts. These systems represent major growth opportunities going forward and they are first to market in Europe. It will be interesting to follow the acceptance rate to get an indication of the market potential. These CHF products alone could put major egg on the Barron's article that predicted slower growth for MDT.
Any comments,
Mike

Medtronic Announces European Release of New InSync(R) ICD System that Treats Two Heart Problems: Heart Failure and Sudden Cardiac Death

Innovative New Lead for Left Ventricular Access, Attain(TM) Side-Wire Model 4191 Also Goes on European Market

NICE, France, June 14 /PRNewswire/ -- Offering one solution for patients with two high-risk heart conditions -- heart failure and sudden cardiac death -- Medtronic, Inc. (NYSE: MDT), today announced commercial release outside the United States of its Medtronic InSync(R) ICD (implantable cardioverter defibrillator) cardiac resynchronization system.

(Photo:http://www.newscom.com/cgi-bin/prnh/20000224/MDTLOGO )

The company also announced commercial release outside the United States of the Attain(TM) Side-Wire Lead Model 4191,
an electrical conduction lead designed to help physicians cross a new medical frontier: delivering electrical resynchronization impulses transvenously to the left ventricle of the heart.

The innovative InSync ICD system is designed to provide two distinct therapies: cardiac resynchronization, which is intended to improve pumping action by stimulating the left and right sides of failing hearts that have ventricular conduction delays, and ventricular tachyarrhythmia termination and defibrillation, which protects patients whose heart rhythms may escalate to the lethal
condition called fibrillation. For patients without defibrillation therapy, sudden cardiac death ensues in minutes.

Steve Mahle, president of Medtronic Cardiac Rhythm Management, told the world's cardiologists and electrophysiologists gathered at the Cardiostim 2000 International Congress here that the InSync ICD system is a new product platform that includes proven Medtronic pacing and defibrillation technologies and new resynchronization capabilities intended to provide therapeutic flexibility and an "extra margin of safety" for heart failure patients chronically at high risk.

The system senses rapid rhythms or tachycardias only in the right ventricle, thus avoiding signal confusion and inappropriate defibrillation therapies while allowing optimal resynchronization therapies. The system also can be programmed to pace left or right chambers individually or simultaneously. This chamber-specific flexibility may simplify cardiac measurements during patient
follow-up visits.

Prof. Dr. D. Horstkotte, Director, Cardiology Department, Herz und Diabeteszentrum Nordrhein-Westfalen, Bad Oeynhausen, Germany, emphasized quality of life and peace of mind when asked to characterize the patient benefits. "Now, for the first time, we can discharge patients with multiple, complex risk patterns and give them a degree of reassurance that their lives will be better because of the new InSync ICD system. Fear of sudden death or diminished quality of life can be replaced with quiet confidence of a better future."

Heart failure affects about 22.5 million persons worldwide, with about 2 million new cases diagnosed each year. About 6.6 million Europeans are victims, with approximately 590,000 new cases diagnosed each year. About a third of all heart failure patients are candidates for resynchronization therapy, and a substantial portion of these patients are at risk from ventricular tachyarrhythmias.

Mahle noted that, "The Medtronic InSync ICD was designed to expand Medtronic's leadership in heart failure management by
helping physicians care for patients with two common, yet clinically complex diseases. We designed our product to achieve resynchronization to treat heart failure while also monitoring the heart's electrical conduction patterns and delivering impulses designed to restore normal rhythms when accelerating patterns are detected.

"Clinical evaluation indicates that both objectives have been achieved. Preliminary indications of acceptance by the medical community are very satisfying."

The InSync ICD can deliver up to 34 joules of defibrillation energy and incorporates Medtronic Patient Alert(R), a proprietary feature that enables the product to automatically monitor its own performance and alert patients when physician attention is required. Device size is 66 cc. and estimated service life is 6.8 years.

The new system will be available immediately in Europe and Canada, as well as Hong Kong and Singapore in Asia. It is
currently under clinical investigation in the United States.

New Third-Generation Attain Left Ventricular Lead Released Outside U.S. Meanwhile, Medtronic also announced commercialization in the same markets of a third-generation product in its Attain family of leads designed to provide safe, effective options to the physician implanting resynchronization systems delivering impulses to
the left and right sides of the heart. The Attain Side-Wire Model 4191 is a 4.1-French lead delivered with a guidewire and/or stylet, and employs an international-standard connector. The diameter is about the size of the wire in a large paperclip. Comments from European clinical investigators have endorsed its design as being particularly appropriate for patients with small, complex venous anatomies.

Dr. Vince Paul, Department of Cardiology, Royal Brompton and Harefield NHS Trust, Uxbridge, U.K., said the growing
selection of left ventricular leads is critical to successful system implantation. "Each patient is different, and a separate approach to the left ventricle must be planned for each," he said. "This range of choice is critical for successful implantation in difficult
venous anatomies and the ultimate effectiveness of the system."

In addition to the new Attain Side-Wire lead, the Medtronic leads "toolkit," which has helped physicians achieve implantation success in 94 percent of patients involved in one resynchronization study, includes two leads released earlier. The Attain CS (Coronary Sinus) Lead Model 2188 is a 6.2-French bipolar lead designed to carry resynchronization impulses to the left side of the heart. The unique canted electrode design is particularly suited for large venous anatomies. The Attain LV (LeftVentricular) Lead Model 2187 also 6.2 French in diameter, but tapering to a 5 French curved electrode tip, is designed for accessing the left ventricle via a guiding catheter and stylet. The Attain LV Model 2187 is the gold standard for left ventricular
leads with well over 2,000 implants to date.

Medtronic's leads are equipped with the IS-1 or DF-1 standard connectors that allow universal connection to stimulation devices without the need for bulky adaptors.

Medtronic, Inc., headquartered in Minneapolis, is the world's leading medical technology company, providing lifelong solutions for people with chronic disease. Its Internet address is medtronic.com .

Any statements made about the company's anticipated financial results and regulatory approvals are forward-looking statements subject to risks and uncertainties such as those described in the company's Annual Report and on Form 10-K for the year ended April 30, 2000. Actual results may differ materially from anticipated results.

SOURCE: Medtronic, Inc.
CONTACT: Kevin Lee, Investor Relations, 763-514-7750, or Diana Campau, Media Relations, 763-514-4920, both of Medtronic, Inc.



To: Jack Hartmann who wrote (502)6/19/2000 8:59:00 AM
From: Mike  Read Replies (1) | Respond to of 687
 
Great Business Week article on MDT. These product for CHF could carry this company going forward depending on the results of studies.

Mike D

Business Week: June 26, 2000
Science & Technology: Heart Disease

Hope Is Where the Heart Is
Tiny electrical implants hold out new promise in the battle against congestive heart failure

Congestive heart failure is sometimes referred to as the silent epidemic, because it gets so little notice. But this progressive weakening of the heart muscle affects 22 million people in the industrialized world. And more than 50% die within five years of diagnosis. Victims suffer from extreme breathlessness, painfully swollen ankles, and exhaustion so severe they sometimes are confined to bed. It is the only major cardiovascular disease that is on the rise, and there is no cure other than a heart transplant.
Cardiac specialists, however, are cautiously optimistic about a new pacemaker-like device called a ventricle resynchronizer, which may be the first effective treatment for the sickest heart failure victims. In these patients, the left and right sides of the heart contract slightly out of sequence, so blood no longer circulates efficiently. The resynchronizer, a silver-dollar-size device implanted in the chest, uses electric pulses to prod the four chambers to work in sync.
NORMAL LIFE. Medical experts disagree on how many heart failure patients have out-of-sync hearts: Estimates range from one-third to one-half. The resynchronizer does not offer these patients a cure, nor has it been proved to extend their life span. It will not even eliminate the need for drugs. Its purpose is to enable patients to resume a normal life without pain or exhaustion--but that is a major gain for 55-year-olds who can no longer walk a block, sleep through the night, or complete the simplest tasks. ``These are patients who are not being served with existing therapies,'' notes David Lothson, an analyst at PaineWebber.
Most important, resynchronizers are widely expected to reduce hospitalizations, potentially producing a huge savings that will more than offset the device's $10,000 price tag. Heart failure is the leading cause of hospital visits in the U.S., costing $8 billion to $15 billion each year, more than twice the amount spent on all forms of cancer.
Two Minnesota medical-device outfits, Medtronic Inc. and Guidant Corp., are in a neck-and-neck race to be the first to win U.S. approval, and medical experts are hard-pressed to choose one over the other. Each company recently reported promising results from small clinical trials that indicate the resynchronizer improves symptoms and reduces hospital visits.
DETERIORATING. Isabelle Westcoat of Absecon, N.J., typifies those results. In 1995, when she was 54, Westcoat was diagnosed with heart failure--and told she probably had only 18 months to live. She retired from her job as a tax preparer and was placed on the long waiting list for a heart transplant. An experimental medicine kept her in good shape until 1998, when it was discontinued because of worrisome side effects. Despite taking six other drugs a day, Westcoat's heart deteriorated until she could not fold laundry without collapsing from exhaustion.
That all changed, she says, on Oct. 28, 1999, when her Medtronic resynchronizer was activated: ``I knew it had been turned on on Friday because on Saturday morning I woke up breathing easily.'' Westcoat says she has felt better every day since, and within three months she was taken off the transplant list. ``It has changed my whole morale,'' she says. ``Some days I almost feel guilty because I feel so good.''
Unqualified raves from patients are almost universal. Although the trials announced to date cover only a few hundred people, their quality of life has almost always been upgraded. ``The improvements are pretty strong,'' says Dr. Evan Loh, a clinical investigator for the Medtronic device at the University of Pennsylvania Medical Center in Philadelphia. ``These patients aren't just feeling a little better. They are feeling a lot better.''
Medtronic's InSync and Guidant's Contak CD both won regulatory approval in Europe last year, and the two companies are expected to win Food & Drug Administration approval in early 2001. At that point, say cardiologists, the main issue will be which heart failure patients will benefit most.
There is no shortage of candidates. Some 5 million people in the U.S. have heart failure, with 400,000 to 700,000 new cases diagnosed each year, according to the National Institutes of Health. The number of deaths from the condition has more than doubled since 1979, to about 250,000 annually. Those numbers are sure to rise as the population ages, since congestive heart failure is most common in people over 65.
CYCLE OF HARM. Despite the disease's name, the heart does not suddenly fail. Rather, it deteriorates slowly, as the heart muscle weakens and loses its ability to pump adequate blood. The disease develops after damage to the heart caused by a heart attack, high blood pressure, diabetes, or other disorders. The healthy parts of the heart must work harder to compensate for the damaged ones, creating a cycle of harm.
Heart failure is often not diagnosed until it is well advanced. By then, fluid is leaking from the heart valves into the lungs, legs, and feet. Treatment usually consists of a strict no-salt diet and a complex drug regimen of diuretics, digoxin, and blood vessel dilators such as ACE inhibitors. But the heart inevitably continues to fail, often ending in what doctors call sudden cardiac death.
For patients with out-of-sync hearts, other implantable devices are useless. Pacemakers speed up a dangerously slow heartbeat, caused by a disease known as bradycardia. Implantable defibrillators, sometimes called ``a rescue squad in the chest,'' go into action when the heart starts twitching rapidly and erratically, thus preventing sudden cardiac death.
The resynchronizers are more like a mechanic in the chest. They have three wires--pacemakers and implantable defibrillators only have two--that lead to the left and right sides of the heart. An electrical charge balances out the chambers so that all four beat in a steady, synchronized rhythm.
There has been a surge of interest in the devices following recent trial results. In March, Medtronic reported on a study of its InSync device in 103 patients in Europe and Canada: Quality of life in most cases showed great improvement, and the improvement was maintained over 12 months. A 42-patient European study of Guidant's Contak, reported in May, found that heart-pumping efficiency improved by 15% after one month, and longer-term use appeared to reduce hospitalization.
EARLY STAGES. Doctors caution that the devices have been tried only in patients with advanced disease. ``I think that some heart failure patients will benefit, but I don't think it is anywhere near half of all patients,'' says Dr. David L. Hayes, director of the pacemaker division of the Mayo Clinic in Rochester, Minn. Hayes says that the device will have a far larger impact if it is able to prevent patients in the early stages of heart failure from getting sicker. ``From the early data, is seems as though some subset would clearly improve, but until we've tested it in large numbers of patients we just don't know.''
Ultimately, Medtronic and Guidant hope that mortality rates will improve if their resynchronizers are combined with an implantable defibrillator. The two companies are closely watching the NIH's 2,400-patient Sudden Cardiac Death in Heart Failure Trial, which is comparing implantable defibrillators with drug therapy for heart failure. Scheduled to conclude in 2003, the trial is widely expected to provide the necessary clinical evidence that implantable defibrillators will increase life expectancy.
That will trigger much broader use of both resynchronizers and defibrillators, says Lothson. ``This technology is really going to change the outlook for heart failure.''

By Catherine Arnst in New York

Copyright 2000 by The McGraw-Hill Companies, Inc. All rights reserved. Any use is subject to (1) terms and conditions of this service and (2) rules stated under ``Read This First'' in the ``About Business Week'' area.

6/15/2000 7:50 PM