US EndoRefix™ Pivotal Trial commences

London, UK, 30 April 2008

Lombard Medical Technologies PLC (“Lombard Medical” or “the Company”),
the specialist medical device company, today announces the commencement of its pivotal US clinical trial for its EndoRefix™ endostapling device.  Separately, the Company has received full FDA approval of the investigational device exemption (“IDE”) application for the EndoRefix™ trial extending the trial into ten centres enrolling up to 95 patients.

 

EndoRefix™ is designed initially to provide fixation of endovascular stent grafts which treat abdominal aortic aneurysms (“AAAs”). The device delivers endovascularly tiny fasteners (staples), which are pushed through both the wall of the stent graft as well as the wall of the aorta, to keep the stent graft firmly in place. There are approximately 35,000 endovascular AAA procedures performed in the US each year and it is estimated that up to 10,000 of these could benefit from the extra fixation provided by EndoRefix™.

 

Medtronic, Inc. will market EndoRefix™ in the USA under the brand name Securant™ and pay Lombard Medical $3 million upon FDA approval of the product in accordance with the terms of the distribution and license agreements completed in December 2006.

 

The US trial commenced at The Arizona Heart Hospital in Phoenix, Arizona with Dr Venkatash Ramaiah successfully using EndoRefix™ in 3 cases in conjunction with both Medtronic’s Talent™ and AneuRx AAA stent grafts.  Commenting on EndoRefix™, Dr Venkatash Ramaiah said:

 

“The introduction of the EndoRefixSystem to the US adds a valuable asset to the tools available for the modern endovascular specialist. It enables us to provide additional, active fixation beyond that provided by current endografts. Hopefully, this will provide long-term security and address the potential issue of device migration.”

 

The trial protocol approved by the FDA is for 95 patients to be recruited at 10 centres and followed up for a period of 30 days. Currently two centres have obtained approval of the trial protocol from their Investigational Review Board (“IRB”) and IRB approval is being actively sought in the remaining eight centres. Trial recruitment is expected to be completed by the end of July and the clinical data submitted to the FDA in September for market consideration that may be received by the end of 2008.

 

Brian Howlett, Chief Executive of Lombard Medical, commented:

 

“We are very pleased with the positive feedback from Dr Ramaiah and other clinicians who have used EndoRefix™. The US trial has started on schedule and as such we continue to expect to receive market clearance for this innovative product later this year.”

 

Enquiries:

Lombard Medical Technologies PLC Tel: +44 (0) 1235 750 800

Simon Neathercoat, Non-executive Chairman

Brian Howlett, Chief Executive Officer

Tim Hall, Finance Director

 

Financial Dynamics Tel: +44 (0) 20 7831 3113

David Yates / Susan Quigley

 

Nomura Code Securities Limited Tel: +44 (0) 20 7776 1200

Juliet Thompson / Richard Potts

 

Notes to editors

About Lombard Medical

Lombard Medical Technologies PLC is a medical devices group developing stent grafts and other medical products for use in the treatment of vascular disease. The Company’s lead product, Aorfix™, is an endovascular stent graft for the treatment of abdominal aortic aneurysms (AAAs), a balloon-like enlargement of the aorta which, if untreated, may rupture and cause death.

 

Approximately 1.7 million people have AAAs in the US where it is the 13th largest cause of death.

 

The market for endovascular stent grafts for the treatment of AAA is currently worth over $600 million and is expected to grow to around a $1 billion by 2010. Aorfix™ is currently being commercialised in the EU, with a pivotal clinical trial ongoing in the USA. The Company’s Polymer Coatings Division has developed a novel hydrophilic surface treatment to reduce friction on catheters called GlideMax™, which is available for licensing, and is using its polymer coating technology in a number of research collaborations developing novel products for the $5 billion drug-eluting stent market.

 

The Company headquartered in Oxfordshire, with operations in Yorkshire, Ayrshire and Boston, USA employs over 100 people. Further background on the Company can be found at www.lombardmedical.com.

 

 



Date   

Title

10/17/2008 5:06:00 PM
Update
9/26/2008 10:46:00 AM
£1.6 million fundraising
9/22/2008 11:22:00 AM
European Arbiter II Trial Completes Recruitment
8/15/2008 6:14:00 PM
Interim Results for the six months ended June 2008
5/12/2008 12:10:00 PM
AGM Trading Update
4/30/2008 11:22:00 AM
US EndoRefix™ Pivotal Trial commences
4/16/2008 12:16:00 PM
FDA Acceptance for Aorfix™ as a Modular PMA and Successful Charing Cross Symposium
3/20/2008 11:27:00 AM
Preliminary Results for Year ended 31 December 2007
1/16/2008 11:29:00 AM
Lombard Directors' Share Purchase
1/14/2008 12:38:00 PM
Result of Lombard EGM and Company Strategy Update
1/8/2008 3:00:00 PM
NHS screening programme for treatment of AAA
12/20/2007 10:22:00 AM
Fundraising of £7.6 million
11/19/2007 11:15:00 AM
Aorfix™ successfully passes 21- patient case review by FDA
10/22/2007 12:31:00 PM
CE Mark and conditional IDE approval received for second-generation EndoRefix™
9/20/2007 11:34:00 AM
Lombard Medical Announces board changes
9/20/2007 11:23:00 AM
Lombard Medical Announces interim results 2007
7/30/2007 11:12:00 AM
Lombard Medical Receives Full FDA Approval of its Supplemental IDE to Pivotal US Clinical Trial
7/13/2007 10:19:00 AM
First US Case in a Patient with a High Angle Neck Aneurysm using Gen II Aorfix™
7/5/2007 3:27:00 PM
Lombard Medical enters into Collaboration with Smith & Nephew to Develop Bioresorbable Drug-eluting Coronary Stents
6/20/2007 1:42:00 PM
Lombard Medical Announces the Acquisition of Culzean Medical Devices Limited
6/15/2007 12:51:00 PM
Lombard Medical Placing announcement
6/15/2007 12:34:00 PM
Lombard Medical announces 2006 Results
5/31/2007 11:52:00 AM
Lombard Medical Receives Conditional FDA Approval of its Supplemental IDE to Pivotal US Clinical Trial
5/22/2007 12:23:00 PM
First Cases for Aorfix™ in Brazil
4/23/2007 6:35:00 PM
Lombard Medical Announces Filing of Supplemental IDE to Pivotal US Clinical Trial for Aorfix™ and Provides Progress Update
4/4/2007 1:24:00 PM
Lombard Medical receives FDA approval of its Supplemental IDE to use "Gen II" Aorfix™ in Pivotal US Clinical Trial
2/23/2007 11:06:00 AM
Trade Investment in Endoart SA
2/12/2007 12:27:00 PM
Yorkshire Forward Grant for Development of Urinary Catheters
2/5/2007 12:22:00 PM
Successful Clinical Cases
1/30/2007 12:00:00 PM
Recommencement of European Clinical Procedures For Second Generation Stent Graft
1/9/2007 1:52:00 PM
Board Change
12/14/2006 10:18:00 AM
Lombard Medical Announces Strategic Collaboration for its Refix™ Endostapler
12/11/2006 5:00:00 PM
Lombard Medical Technologies PLC Total Voting Rights and Share Capital
12/11/2006 4:47:00 PM
Temporary Suspension of European Clinical Procedures For Second Generation Stent Graft
11/10/2006 12:04:00 PM
Lombard Medical announces receipt of CE Mark for its Refix™ Endostapler
11/8/2006 2:23:00 PM
Lombard Medical receives conditional FDA approval of its supplemental IDE for Aorfix™
10/2/2006 12:59:00 PM
Lombard Technologies PLC announces a Collaboration for the Development of a Next Generation Regenerative Stent
9/11/2006 10:32:00 AM
Positive 24 month Clinical Data for Aorfix™ Stent Graft
8/25/2006 10:42:00 AM
Lombard Medical Technologies PLC Trading Update
8/25/2006 10:15:00 AM
Lombard Medical Technologies PLC retains distribution rights for Aorfix™, AAA and Thoracic Stent Grafts
8/3/2006 1:27:00 PM
Lombard Medical enters into collaboration with Axordia for stem cell derived drug eluting stents
5/10/2006 10:31:00 AM
Annual General Meeting
4/13/2006 3:30:00 PM
Positive 12 month Clinical Data for Aorfix™ Stent Graft
4/4/2006 5:07:00 PM
Research Agreement with Amgen and University of Sheffield
3/24/2006 4:44:00 PM
Company Completes Successful Year
2/24/2006 10:59:00 AM
CE Mark and conditional IDE approval received for second-generation EndoRefix™
2/17/2006 2:25:00 PM
Lombard Medical receives full IDE approval for its US clinical trial of its Aorfix™ stent graft
2/15/2006 9:22:00 PM
Application for admission of ordinary shares
2/10/2006 9:18:00 PM
Lombard Medical Announces that Abdominal Aortic Aneurysm Screening to Commence in the US
1/19/2006 2:41:00 PM
Lombard Medical reports new data demonstrating that its Aorfix™ stent graft reduces the risk of endoleaks in angulated necks
1/19/2006 2:16:00 PM
Directors share purchase
1/17/2006 3:43:00 PM
Application for admission of ordinary shares
12/13/2005 3:46:00 PM
Lombard Medical Technologies PLC commences trading on AIM
12/7/2005 9:08:00 PM
Lombard Medical Technologies PLC raises £26.2 million on successful completion of IPO