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Medical Approval in Russia

31/10/2016

São Paulo, Brazil – Oct. 25, 2016 – Scitech Medical is pleased to announce the approval for sale of its proprietary Drug Eluting Stent INSPIRON in Russia.

Medical approval in Russia is an important step in the Company's development in Eastern Europe and Asia territories. It is also a requirement for sale in surrounding countries and it provides an important milestone for a truly global company.

INSPIRON is a Sirolimus Eluting Stent for the treatment of coronary obstructive artery disease. The product is manufactured in Brazil and was developed entirely with Brazilian technology according to international standards to attend worldwide market.

CEO of the company, Alexander Moreira says: “ We are glad to share with russian citizens our medical technology for treatment of coronary diseases. It is an important chapter for future developments in medical devices and health improving tools”.

Scitech expects to distribute and commercialize the Inspiron stent until the end of 4th quarter of 2016.

On behalf of board of directors,

Scitech Medical

 

About Scitech: Scitech is a brazilian manufacturer of medical devices committed to develop technology to treat cardiac and vascular diseases. The company creates and commercialize innovative devices to improve patient quality of life using minimally invasive devices. Currently we are established in premium world class 57,000 sqft facility with ISO 7 and ISO 8 cleanroom areas. The company has offices and distributors in Latin America, Europe and Asia. Scitech product portfolio includes bare metal stents, drug eluting stents, embolization beads, transcatheter valves, balloon catheters, guidewires and accessories.

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