About SRS Medical - News

: about : news

SRS Medical Purchases Advanced Urinary Catheter Technologies from Eutech Medical of Sweden
Latest Acquisition in Incontinence and Women’s Health

Billerica, Massachusetts – January 17, 2006

SRS Medical Systems, Inc. today announced that it had acquired all assets related to devices for the treatment of severe female incontinence from Eutech Medical AB of Gothenburg, Sweden. The transaction includes the intellectual property and clinical data, production tooling and inventory related to the Uroflex™ and the Keepcath™ devices, as well as other proprietary indwelling catheters for patients with a need for long term urinary drainage. Financial terms were not disclosed.

This is the fourth significant acquisition by SRS Medical in the area of incontinence and women’s health. In October 2003, SRS Medical acquired all assets related to urodynamic products and certain incontinence treatment devices from Endocare, Inc. of Irvine CA (OTCBB:ENDO) and previously acquired substantially all of the assets of Asbrook/Eris of Ventura CA, a privately-held manufacturer of urodynamic products, as well as the In-Flow™ female catheter from American Medical Systems, Inc. (AMS) of Minnetonka MN (Nasdaq:AMMD).

Worldwide sales of urinary catheters exceed $800 million annually, but little technology has been applied, despite serious problems that include high infection rates and low quality of life. These problems are urgently important for those who require chronic catheterization. The Eutech devices provide promising new alternatives for safe and effective bladder drainage through creative use of advanced materials technology.

SRS Medical CEO Kevin M. Connolly said that the purchase of these product lines is consistent with the company’s strategy of offering a comprehensive program for the diagnosis and conservative treatment of incontinence. “The Eutech technology will extend the knowledge base we have built with the In-Flow catheter and enable us to further help the neediest patients. It will also extend our intellectual property portfolio for the next generation of urinary catheters.”

Johan Bennerstan, Chairman of Eutech Medical, commented, “I am gratified to see this highly innovative technology in the hands of a group that can bring it effectively to market.”

To learn more about the Eutech Medical technology, please visit www.eutechmed.se.

SRS Medical Systems, Inc. is a privately held Delaware corporation with U.S. facilities in Billerica MA and Redmond WA. To learn more about SRS Medical and its products, please visit http://www.srsmedical.com.

Contact: David Mahoney, Senior Vice President
Mail to: dmahoney@srsmedical.com
Telephone: 800.345.5642 or 425.882.1101
Fax: 425.882.1935

Urodynamics and Urodynamic Medical Solutions are provided by SRS Medical to provide better care for your medical patients. Best Practice for the care of patients with lower urinary tract symptoms (LUTS) includes urodynamics for prescriptive diagnosis. Urodynamics is good medicine and, due to increases in reimbursement, urodynamics, and urodynamic in general,now makes financial sense. SRS Medical offers such Urodynamic treatments and solutions such as the Eris Clarity System. The Clarity System features advanced technology from Eris, the group that first introduced computer-assisted urodynamics. In particular, the Eris Clarity System features two unique technologies that have significant real-world clinical benefits when dealing with Urodynamics: Effective Treatment of Urodynamic related illness begins with Accurate Diagnosis such as Pharmaceuticals, Conservative Treatments, Surgical Prodcedures Along with patient treatment of Urodynamic related illness and manufacturer of Urodynamic medical equpment, SRS Medical, Inc also deals with Incontinence, Supplier of the In-Flow product, Uro, Bladder, Biofeedback, Urinary, Pelvic, Catheter, Women's health, Urodynamics, Retention, Disability, Rehabilitation, Conservative treatment, Spina Bifida, Electromyography, Neurostimulation, Platinum, American Medical, Voiding, Orion, Influence, Urology, Kegel, Sensor, Colorectal, Levator ani, Atonic bladder, Gynecology, Uroflow, Overflow, Prosthetic, Physical therapy, Behavioral therapy, MS, Neuromuscular, Stimulation, Gemini, Medtronic, Overactive bladder, Perry, Urethra, EMG, Constipation, PVR, Urogynecology, Leak point, Rehab, Bulking agents, E-stim, SenseRx, Pathway, Pediatric Urology, Bedwetting and ControlWorks. In the world of urology and gynecology, SRS Medical deals with women's health such as bladder, pelvic, urethra, intraurethral, urine and neuromuscular disorders. Urodynamics of the urodynamic system can use catheter and urodynamic biofeedback to treat incontinence, atonic, retention, acontactile, neurogenic, LUTS. SRS Medical are medical manufacturers of the EasyPro, Orion, In-Flow, EasyFlo and C3 Penile Clamps. Browne, Eris, Perry, Influence, Timm, Endocare, AMS, EMG, leak-point, post-void residual, urogynecology, OB/GYN, female urology, rehabilitation, rehab, physical therapy, PT, colorectal, pediatric urology, voiding, bladder neck, penis, prostate, void, levator ani, prosthetic, urethral insert, Kegel exercises, Foley, e-stim, neurostimulation, electrical stimulation, intermittent catheter, intermittent catheterization, CIC, vaginal cones, penile clamp, catheterization, stimulation, bulking agents, injector, diagnosis, conservative therapy, conservative treatment, office-based, overflow, UTI, stress incontinence, urge incontinence, mixed incontinence, overactive bladder, neurogenic bladder, spina bifida, MS, multiple sclerosis, SCI, spinal cord injury, post-stroke, stroke, ui, diabetes, disability, Clarity, Regain, Gemini, sUrge, ControlWorks, MuscleWorks, GameWorks, MEP, SenseRx, American Medical, Pathway, Prometheus, Hollister, Platinum, Personalmed, Personal Medical, Kevin Connolly, David Mahoney, pressure, CMG, air-charged, electrodes, sensors, transducers, tubing, PVR, water perfusion, microtip. This web site designed by Bower Web Solutions, Inc.