Medical specialists and patients all over the world know they can rely on the experience and expertise of STORZ MEDICAL. Sorry, your browser cannot display frames!As a reliable partner of doctors, we are committed to making a vital contribution to medical progress in the service of new therapy methods.Established in 1987, STORZ MEDICAL AG is an independent partner company of the KARL STORZ Group.
Interview. Factors that could cause actual results to differ from those projected include, but are not limited to: the impact of the COVID-19 pandemic on our operations, financial results, and liquidity and capital resources, including on sales, expenses, supply chain, manufacturing, research and development activities, clinical trials and employees; our ability to design, develop, manufacture and market innovative products to treat patients with challenging medical conditions, particularly in peripheral artery disease, coronary artery disease and aortic stenosis; our expected future growth, including growth in international sales; the size and growth potential of the markets for our products, and our ability to serve those markets; the rate and degree of market acceptance of our products; coverage and reimbursement for procedures performed using our products; the performance of third parties in connection with the development of our products, including third-party suppliers; regulatory developments in the United States and foreign countries; our ability to obtain and maintain regulatory approval or clearance of our products on expected timelines; our plans to research, develop and commercialize our products and any other approved or cleared product; our ability to scale our organizational culture of cooperative product development and commercial execution; the development, regulatory approval, efficacy and commercialization of competing products; the loss of key scientific or management personnel; our expectations regarding the period during which we qualify as an emerging growth company under the JOBS Act; our ability to develop and maintain our corporate infrastructure, including our internal controls; our financial performance and capital requirements; and our expectations regarding our ability to obtain and maintain intellectual property protection for our products, as well as our ability to operate our business without infringing the intellectual property rights of others.
Our business and pipeline remain compelling, our customer support is strong, and we remain highly committed to the continued advancement of IVL as a treatment for calcified cardiovascular disease.”In December 2018, CSI filed petitions for IPR with the Patent Trial and Appeal Board (PTAB) of the U.S. Patent Office (USPTO) to challenge the validity of three of Shockwave’s issued patents. Shockwave Medical, Inc. operates as a medical device company.
Established in 1987, STORZ MEDICAL AG is an independent partner company of the KARL STORZ Group. The IPR decisions are appealable to the U.S. Court of Appeals for the Federal Circuit, and Shockwave remains committed to prosecuting and protecting its patent portfolio to the fullest extent possible.This press release contains statements relating to Shockwave’s expectations, projections, beliefs, and prospects (including statements regarding Shockwave’s product development outlook), which are “forward-looking statements” within the meaning of the federal securities laws and by their nature are uncertain. Such forward-looking statements are not guarantees of future performance, and you are cautioned not to place undue reliance on these forward-looking statements. Concept Medical, committed to transforming lives and inspiring innovation, is a research-oriented organization that works to develop ground-breaking and innovative medical devices. Specifically, claim 5 describes a device that is delivered over a guidewire and generates shockwaves with electrodes inside of a balloon catheter. Precision Medicine is a field that seeks to develop more precise and accurate treatments and diagnostic tests for disease. Shockwave Medical. We believe that any viable, much less commercially viable, IVL device must contain these elements,” stated Doug Godshall, President and Chief Executive Officer of Shockwave Medical. CSI asked the PTAB to reconsider the original decision of the USPTO to issue those patents and asked that all claims of each patent be invalidated.The PTAB ruled today that a key claim in U.S. Patent No 8,956,371 (the ‘371 patent) is valid.
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