EANS-Adhoc: LifeWatch Services, Inc. Launches Stroke Patient Care Program
@@start.t1@@-------------------------------------------------------------------------------- ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------------@@end@@
LifeWatch AG´s (SIX Swiss Exchange: LIFE) American subsidiary LifeWatch Services, Inc., the leading provider of wireless telemedicine services in the U.S., announced the launch of its Stroke Patient Care program for monitoring patients who have experienced a Transient Ischemic Attacks(TIA)/Stroke of unknown origin (cryptogenic).
Stroke is the third leading cause of death in the United States. Each year approximately 795,000 Americans will suffer a new or recurrent stroke, which on average, means that a stroke will occur every 40 seconds. A Transient Ischemic Attack (TIA) is defined as a brief episode in which the brain gets insufficient blood supply and described as an incomplete stroke whose symptoms typically last for minutes up to a few hours. One third of individuals who have had one or more TIAs will suffer a stroke. With 36% of those who survive such an event, the cause is unknown or cryptogenic. Furthermore, multiple clinical trials have demonstrated the efficacy of chronic oral anticoagulation (Coumadin) in patients who are at high risk for recurrent embolic neurological events. However, Coumadin is not without risk and requires accurate diagnosis of Paroxysmal Atrial Fibrillation (PAF) before the initiation of therapy. A recent study demonstrates that outpatient cardiac telemetry can detect asymptomatic (no symptoms) Atrial Fibrillation (AF) in up to 23% of patients who have experienced a stroke or TIA of unknown origin. AF episodes as brief as 30 seconds may indicate more prolonged and clinically significant AF.1 A specialized Stroke Patient Care program utilizing LifeStar ACT technology to detect asymptomatic AF has the ability to accurately identify the cause of stroke and reduce the possibility of long term catastrophic effects.
"To significantly decrease the incidence of secondary stroke, physicians treating these patients need a convenient monitoring solution to identify stroke patients with abnormal heart rhythms but no symptoms", stated Leigh Ann Kelly, Vice President of Business Development at LifeWatch. "LifeWatch´s Medical Advisory Board and senior clinicians have collaborated extensively with renowned stroke specialists and neurologists in order to develop a monitoring program that meets the needs of both stroke patients and their treating physicians".
"Cryptogenic stroke is more common in the geriatric population, yet most cardiac event looping recorders present technological challenges for these patients, in particular with those who have a neurologic deficit", stated Harry Kopelman, M.D., LifeWatch Medical Advisory Board Chairman. "The ACT III cardiac telemetry device is a better choice as a diagnostic tool with a dedicated disease management program, as it can lead to more accurate and efficient arrhythmia diagnosis which is critical to the management of the cryptogenic stroke population".
"The LifeWatch Stroke Patient Care program will be supported by the ACT service platform and is the second patient care program that we have launched in the past 18 months", stated Dr. Yacov Geva, Chairman and CEO of LifeWatch AG, adding "This latest expansion will enable us to pursue our mission of improving patient care and outcomes".
1. Tayal et al, Neurology 2008.
About LifeWatch AG LifeWatch AG, headquartered in Neuhausen am Rheinfall and listed on SIX Swiss Exchange (LIFE), Switzerland, is the leading healthcare technology and solution company, specializing in advanced telehealth systems and wireless cardiac monitoring services. LifeWatch services treat high-risk and chronically ill patients, health conscious consumers and wellness programs. LifeWatch has subsidiaries in the United States, the Netherlands, Japan, the United Kingdom, Switzerland and Israel. LifeWatch AG is the parent company of LifeWatch Services Inc., a leading US-based cardiac monitoring service provider, and manufacturer of telecardiology products. www.lifewatch.com
Sign-up for customized e-mail alerts and documentation requests is available at http://production.investis.com/lifewatch/alert-service/
This press release includes forward-looking statements. All statements other than statements of historical facts contained in this press release, including statements regarding future results of operations and financial position, business strategy and plans and objectives for future operations, are forward-looking statements. The words "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "expect" and similar expressions are intended to identify forward-looking statements. LifeWatch AG has based these forward looking statements largely on current expectations and projections about future events and financial trends that it believes may affect the financial condition, results of operations, business strategy, short term and long term business operations and objectives, and financial needs. These forward-looking statements are subject to a number of risks, uncertainties and assumptions. In light of these risks, uncertainties and assumptions, the forward-looking events and circumstances described may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. All forward-looking statements are based only on data available to LifeWatch AG at the time of the issue of this press release. LifeWatch AG does not undertake any obligation to update any forward-looking statements contained in this press release as a result of new information, future events or otherwise.
THIS PRESS RELEASE IS NOT BEING ISSUED IN THE UNITED STATES OF AMERICA AND SHOULD NOT BE DISTRIBUTED TO UNITED STATES PERSONS OR PUBLICATIONS WITH A GENERAL CIRCULATION IN THE UNITED STATES. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER OF SECURITIES OF LIFEWATCH AG OR ANY OF ITS SUBSIDIARIES FOR SALE IN THE UNITED STATES OR AN INVITATION TO SUBSCRIBE FOR OR PURCHASE ANY SECURITIES OF LIFEWATCH AG OR ITS SUBSIDIARIES IN THE UNITED STATES. IN ADDITION, THE SECURITIES OF LIFEWATCH AG AND ITS SUBSIDIARIES HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES LAWS AND MAY NOT BE OFFERED, SOLD OR DELIVERED WITHIN THE UNITED STATES OR TO U.S. PERSONS ABSENT REGISTRATION UNDER OR AN APPLICABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE UNITED STATES SECURITIES LAWS. ANY PUBLIC OFFERING OF SECURITIES TO BE MADE IN THE UNITED STATES WILL BE MADE BY MEANS OF A PROSPECTUS THAT MAY BE OBTAINED FROM LIFEWATCH AG OR ITS SUBSIDIARIES, AS APPLICABLE, AND WILL CONTAIN DETAILED INFORMATION ABOUT THE ISSUER AND ITS MANAGEMENT AS WELL AS FINANCIAL STATEMENTS OF THE ISSUER.
@@start.t2@@Ende der Mitteilung euro adhoc
ots Originaltext: LifeWatch AG
Im Internet recherchierbar: http://www.presseportal.ch
Further inquiry note:
For further information please contact:
Kobi Ben Efraim, Chief Financial Officer, LifeWatch AG
Tel +41 52 632 00 50 | Fax +41 52 632 00 51 | E-mail firstname.lastname@example.org
Sensus Investor and Public Relations GmbH, Zürich:
Tel +41 43 366 55 11 | Fax +41 43 366 55 12 | E-mail email@example.com
Branche: Healthcare Providers
Index: SPI, SPIEX
Börsen: Frankfurt / Open Market / XETRA
SIX Swiss Exchange / Hauptsegment
Berlin / free trade