AngioLight lands strategic partnership with Medical Technologies Innovation Asia

摘要

Interventional cardiology medical device company AngioLight has engaged in a strategic partnership with Medical Technologies Innovation Asia (MTIA), Hong Kong, under which MTIA will complete safety, animal and clinical studies of AngioLight's light-based diagnostic catheter in exchange for equity in AngioLight. Developed to support the eventual commercialization of AngioLight's catheter first in China and then worldwide, the partnership will be managed by AngioLight's newly appointed president, GarySaxton, who previously served as business development consultant to the company. AngioLight's novel light-based diagnostic catheter provides cardiologists real-time vessel diameter and area measurements as an adjunct to coronary and peripheral stenting procedures. Designed to improve proper stent sizing and placement and therefore, reduce postoperative restenosis and thrombosis, the device delivers diagnostic data beyond the capacity of fluoroscopy and at a fraction of the cost of vascular imaging modalities such as intravascular ultrasound (IVUS) and optical coherence tomography (OCT).