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Press release
 
February 18, 2015
Physician Safety and Stent Savings with Robotic-Assisted PCI to be Presented at CRT 2015

Corindus CorPath® System user to present study findings.

Waltham, MA – February 18, 2015Corindus Vascular Robotics, Inc. [OTCQB: CVRS], a leading developer of precision vascular robotics, today announced that a study submitted by a physician user of the company’s CorPath System will be presented at the Cardiovascular Research Technologies (CRT) conference on Monday, February 23, 2015 in Washington, D.C. The study, led by Paul T. Campbell, M.D., Carolinas Medical Center Northeast, explores the stent savings made possible when robotic PCI is leveraged for the measurement of anatomy in place of the conventional, manual methods of measurement.

"Improving accuracy in stent selection through robotic-assisted measurement can help physicians avoid Longitudinal Geographic Miss and potentially improve clinical outcomes for patients,” said Campbell. "It also reduces the need for additional stents, delivering procedural cost-savings to hospitals. The combination of radiation safety and precision available through the use of robotics in interventional cardiology provides advancements that can significantly benefit cath lab physicians."

The issue of inaccurate measurement of lesions was recently the highlight of an article published in Catheterization and Cardiovascular Interventions, which evaluated the accuracy of interventional cardiologists utilizing visual estimation to determine lesion length. “Interoperator and intraoperator (in)accuracy of stent selection based on visual estimation,” of which campbell was also an author, found that visual estimation of lesion length for PCI had a high degree of variability – potentially contributing to inappropriate stent selection and increasing patients’ risk of restenosis. the study concluded that patient outcomes may benefit from improvements in lesion length measurement and stent selection.

"The CorPath System was designed to empower physicians in the cath lab– starting with their personal health and safety through protection from harmful radiation exposure, and by enhancing their clinical capability by utilizing robotic precision," said David Handler, president and CEO, Corindus Vascular Robotics. "Sub-millimeter measurement capability and enhanced visualization, combined with CorPath’s radiation-shielding, helps physicians treat their patients’ and protect their own well-being."

The CorPath System is the first FDA-cleared medical device to bring robotic-assistance to coronary angioplasty procedures. It enables physicians to perform procedures while seated in a lead-lined interventional cockpit protected from radiation exposure. CorPath allows cardiologists to advance stents and guidewires millimeter-by-millimeter using digital controls.

To learn more about the CorPath System, visit booth #102 at CRT2015. For additional information, visit www.corindus.com

About Corindus Vascular Robotics, Inc.

Corindus Vascular Robotics, Inc. is a global technology leader in robotic-assisted vascular interventions. The company's CorPath System is the first FDA-cleared medical device to bring robotic precision to interventional procedures. During the procedure, the interventional cardiologist sits at a radiation-shielded workstation to advance guide catheters, stents, and guidewires with millimeter-by-millimeter precision. The workstation allows the physician greater control and the freedom from wearing heavy lead protective equipment that causes musculoskeletal injuries. With the CorPath System, Corindus Vascular Robotics brings robotic precision to interventional procedures to help optimize clinical outcomes and minimize the costs associated with complications of improper stent placement during manual procedures. Corindus stands behind its product with its unique $1,000 hospital credit "One Stent Program."

For additional information, visit www.corindus.com, and follow @CorindusInc.

Forward Looking Statements

Statements made in this release that are not statements of historical or current facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Corindus to be materially different from historical results or from any future results or projections expressed or implied by such forward-looking statements. Accordingly, readers should not place undue reliance on any forward looking statements. In addition to statements that explicitly describe such risks and uncertainties, readers are urged to consider statements in the conditional or future tenses or that includes terms such as "believes," "belief," "expects," "estimates," "intends," "anticipates" or "plans" to be uncertain and forward-looking. Forward-looking statements may include comments as to Corindus’ beliefs and expectations as to future event

Examples of such statements include statements:

  • that the level of precision that can be attained using the CorPath GRX technology, combined with the potential for remote capabilities in the future, will both expand and improve how patients are treated;
  • that Corindus has entered a transformational period with a focus on expanding its reach to partner with hospitals to build robotic programs globally;
  • that the successful completion of these procedures at Fu Wai Hospital is the first step in Corindus' growth strategy within China; and that
  • the precise positioning enhancements to the CorPath platform that allows physicians to adjust guide catheters during PCI procedures may expand the use of the CorPath GRX System to more complex cases.

Media Contacts:

Corindus Vascular Robotics, Inc.

Kate Stanton
(508) 653-3335 ext. 200
kate.stanton@corindus.com

Investor Contact:

Lynn Pieper Lewis
(415) 937-5402
ir@corindus.com
 
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