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Re: Re: Re: [sharechat] MMD - Micromedical Industries Limited - Artificial heart / VentrAssist


From: "G Stolwyk" <stolwyk@wave.co.nz>
Date: Fri, 11 May 2001 15:32:26 +1200


 
Jonathan,
 
Thanks for your interest.!
 
Suggest you first read my post of April 27, 2001.
 
Their web site has an update under the heading " Good half year recorded ": < www.micromed.com.au >
 
It appears that the sales of their ECG readers are going well.
They say that " The traditional stethoscope will soon be replaced by an e-connected device, not much bigger than a pack of playing cards " and this will be carried in the pocket. 
 
This Personal Digital Assistant - or PDA - will be able to record diagnostic quality ECG's during hospital ward rounds!!!  

As to their " artificial heart ", an Australian heart surgeon with an international reputation has been recruited as " the Rotary pump's clinical champion" He also chairs a group which advises MMD on surgical training , accreditation and marketing. 
 
The CEO mentioned that " the trials sofar had also enabled the surgical team at the ALfred Hospital in Melbourne to train, prior to implanting final design clinical devices in sheep for device verification testing which is part of the regulatory approval process ".
 
I have no further data but it is clear that their trials with sheep are continuing and that MMD has been busy refining this pump to reduce its size. They are getting the results, they want.
 
MMD is hoping that human clinical trials will start later this year.   
 

Their PR is excellent and they tend to put out something every 4 - 6 weeks. Any announcement creates a lot of interest!
Obviously, the future of the company depends on the successful outcome.
 
 But MMD will make sure that the risk is heavily reduced by the time the artificial heart is fitted to the first patient for testing. There won't be any rush jobs here !!  
 
Prior to this event, there will be interest from prospective distributors or from " other " companies, I think.
 
Regards,
 
Gerry

 
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