Elixir Medical Announces Successful Live Case Transmission of DESolve Cx at TCT

Sunnyvale, Calif.Ā ā€“Ā October 13, 2015Ā ā€” Elixir Medical Corporation, a developer of products that combine state-of-the-art medical devices with advanced pharmaceuticals, announced that on Mon., October 12, Professor Alexandre Abizaid, M.D., Ph.D., of The Instituto Dante Pazzanese de Cardiologia, Brazil, conducted a successful implantation of its breakthrough and fully bioresorbable DESolveĀ®Ā Cx Novolimus Eluting Coronary Scaffold System that was streamed live to a packed audience of international cardiologists at the 27thĀ annual TCT (Transcatheter Cardiovascular Technologies) Conference in San Francisco, California.

A 68 year old, non-STEMI (ST segment elevation myocardial infarction)-1 patient presented a case of mid-RCA (right coronary artery) complex lesion with thrombus, and it was treated with a 3.0 x 18 mm DESolve Cx scaffold at 16 atm. The DESolve Cx scaffold was post-dilated to 3.4 mm. The scaffold was well-apposed with some minor malapposition in the proximal and distal sections. Within 9 minutes, Dr. Abizaid reported that the malapposition had been resolved as evidenced by the final OCT (Optical Coherence Tomography) demonstrating DESolveā€™s self-correction feature.

ā€œElixirā€™s DESolve Cx had excellent deliverability, trackability and conformability, which enabled me to treat the diseased artery with confidence. Most importantly, its unique self-correction feature for malapposed struts was the highlight of the case,ā€ said Dr. Abizaid, who performed the live case demonstration of the DESolve Cx in his cardiac catherization lab in Sao Paulo, Brazil. ā€œIā€™m extremely pleased to report that the acute outcome of the procedure was successful, and the patient is doing well. Elixirā€™s DESolve Cx has the potential for helping physicians improve acute patient outcomes.ā€

The thin struts of DESolve Cx (120Āµm) have been designed to maintain DESolve Nxā€™s unique self-correction and overexpansion capabilities and still provide improved deliverability for the scaffold system to improve acute performance, degrade within 1 year, and potentially reduce long term MACE and stent thrombosis. DESolve Cx scaffolds thus become more user-friendly, enabling cardiologists to address the needs of a broader patient population.

ā€œThe excellent live case demonstration of DESolve Cx featuring outstanding deliverability, overexpansion and self-correction in case of strut malapposition reinforces Elixirā€™s commitment of providing cardiologists with the worldā€™s first fully bioresorbable scaffold that presents another option to market-leading coronary drug eluting stents and ensure its greater adoption in everyday clinical practice,ā€ said Motasim Sirhan, CEO of Elixir Medical. ā€œElixir is proud to present the worldā€™s broadest portfolio of coronary scaffolds that will help physicians realize their goal of treating and returning the patientā€™s coronary arteries to theirĀ de novoĀ state within one year.ā€

The fully bioresorbable DESolve Cx scaffold system, developed from a proprietary and proven poly-L Lactide (PLLA)-based polymer, provides optimal strength and support to the artery while delivering the novel anti-proliferative drug, Novolimus. The unique attributes of the DESolve Cx scaffold system include (a) Its ability to demonstrate lumen area increase at six months demonstrating vascular restoration; (b) its ability to self-appose up to the nominal vessel diameter resolving minor malapposition; (c) its ability to maintain radial strength and vessel support for the necessary period of vessel healing while degrading in about a year and (d) its ability to have a wide margin of expansion.

ABOUT ELIXIR MEDICAL

Elixir Medical is the only company with three CE Mark-approved drug-eluting systems spanning all market segments: the DESolve Novolimus Eluting Bioresorbable Coronary Scaffold system, the DESyneĀ®Ā BD Novolimus Eluting Coronary Stent System (with biodegradable polymer), and the DESyneĀ®Ā Novolimus Eluting Coronary Stent System (with durable polymer). The company has also received US Food and Drug Administrationā€™s IDE (Investigational Device Exemption) approval toĀ commenceĀ theĀ EXCELLA III Clinical Trial in the United States with Elixirā€™s durable polymerĀ Novolimus Eluting Coronary Stent System.

Elixir Medical Corporation, a privately held company headquartered in Sunnyvale, California, develops products that combine state-of-the-art medical devices with advanced pharmaceuticals to provide innovative treatment solutions to patients worldwide. The companyā€™s next-generation drug-eluting stent systems and bioresorbable coronary scaffold are designed to optimize localized drug delivery to provide safe and effective treatments for cardiovascular patients. For more information, visitĀ www.elixirmedical.com.

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PMN 1777 Rev A