SAN ANTONIO--(BUSINESS WIRE)--Kinetic Concepts, Inc. (NYSE: KCI):
Kinetic Concepts, Inc. (NYSE: KCI) today introduced V.A.C.Via™ Therapy System, a next-generation negative pressure wound therapy solution that offers clinicians and patients a mobile healing technology with the proven benefits and outcomes of V.A.C.® Therapy. V.A.C.Via’s™ design and engineering brings to the marketplace a combination of the lightest, most mobile and most intuitive technology in this space, to date. The U.S. Food and Drug Administration cleared V.A.C.Via™ in March. It is planned for global launch in the third quarter.
“For more than 15 years, V.A.C.® Therapy has transformed the treatment of wounds, and we have taken this great healing technology and ‘re-revolutionized’ it with patients in mind,” said Catherine Burzik, KCI president and CEO. “The best thing the people of KCI can do is continue to create technologies that deliver convenience, comfort and healthy outcomes for patients. I envision a future where KCI delivers healing solutions with even greater mobility, off-the-shelf accessibility and broader application across all wound types.”
Single-Patient-Use, For-Sale Product Delivers Benefits for Patients, Clinicians
V.A.C.Via™ provides multiple benefits. For patients, its portable, discreet, easy-to-operate design enables them to return to home or work as seamlessly as possible. For providers, the for-sale model to the hospital may allow for earlier patient discharge by reducing or eliminating the need for insurance authorizations before discharge. Its single-click functionality also makes training and treatment easier than ever.
These benefits create potential cost benefits — a hallmark of V.A.C.® Therapy, which has demonstrated reduced length of stay, fewer readmissions and reduced need for surgeries.1,2,3 Reducing hospital length of stay can deliver significant cost benefits: the average cost of one hospital day at a community hospital can be more than $1,8004.
“This product represents a win for patients, a win for providers and a win for clinicians at the point of care,” according to Allen Gabriel, M.D., assistant professor, surgery, Loma Linda University Medical Center and chief of plastic surgery, Southwest Washington Medical Center. “It builds on V.A.C.® Therapy, taking its clinical efficacy and making it more convenient than ever. I’ve prescribed V.A.C.® Therapy for years and am convinced this is going to transform patient care. It simplifies the discharge process and that not only stands to increase the quality of care for patients, but also promises to reduce cost of care for hospitals.”
V.A.C.Via™ Builds on Proven Clinical Research Behind Patented V.A.C.® Therapy System
V.A.C.® Therapy is the only wound care technology substantiated by 22 randomized controlled trials and more than 550 peer-reviewed articles. V.A.C.Via™ takes that science and makes the entire process—hospital to home—simpler, more mobile and outcome-driven.
Extremely lightweight, it increases mobility and provides a more discreet option for patients. Combined with virtually silent pump technology, all of V.A.C.Via’s™ innovative features improve the continuity of care and patient compliance while delivering great outcomes through V.A.C.® Therapy’s traditional mechanisms of action, including:
“V.A.C.Via™ is about innovation and outcomes,” said Mike Genau, global president, KCI’s Active Healing Solutions™ business unit. “Its mobile form and simple functionality deliver to the marketplace what’s needed the most: a solution that reduces hospital costs and length of stay while getting patients well on their way to recovery by relying on a remarkable and clinically proven healing technology, V.A.C.® Therapy.”
V.A.C.Via™ advances KCI’s leadership position in negative pressure technology and is part of a broader product portfolio strategy to extend negative pressure’s healing benefits to more patients and conditions. It follows the global launch of ABThera™ Open Abdomen Negative Pressure System in late 2009 and the European, Canadian and Australian launch of the Prevena™ Incision Management System – products that address open abdominal wounds and surgically closed incisions, respectively. KCI is ready to launch Prevena™ in the U.S., pending FDA clearance.
For more information about KCI please visit www.kci1.com.
Kinetic Concepts, Inc. (NYSE:KCI) is a leading global medical technology company devoted to the discovery, development, manufacture and marketing of innovative, high-technology therapies and products for the wound healing, tissue regeneration and therapeutic support system markets. Headquartered in San Antonio, Texas, KCI’s legacy spans more than three decades and is rooted in a passion for healing wounds and restoring lives around the world through innovative, clinically proven therapies. The Company employs 6,800 people and markets its products in 20 countries. For more information about KCI, and how its products are changing the practice of medicine, visit www.KCI1.com.
This press release contains forward-looking statements regarding management's estimated market size for conditions eligible for use with V.A.C.Via™ as well as KCI's expectations for product performance and plans for future product developments and introductions. Forward-looking statements may contain words such as believes, expects, anticipates, estimates, projects, intends, should, seeks, future, continue, or the negative of such terms, or other comparable terminology. Forward-looking statements are subject to risks, uncertainties, assumptions and other factors that are difficult to predict and that could cause actual results to vary materially from those expressed in or indicated by them. In particular, our ability to recognize increased sales and profitability from our V.A.C.Via™ products is subject to all the risks associated with the commercialization of new products based on innovative technologies, including unanticipated technical problems, manufacturing difficulties, gaining customer acceptance and other factors beyond our control. Additional risks and factors are identified in KCI's filings with the U.S. Securities Exchange Commission (the SEC), including its Annual Report on Form 10-K for the fiscal year ending December 31, 2009, available on the SEC's Web site at http://www.sec.gov. KCI undertakes no obligation to revise or update any forward-looking statement, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.
All trademarks designated herein are proprietary to KCI Licensing, Inc. its affiliates and/or licensors.
1 Vuerstaek JD. State of the art treatment of chronic leg ulcers: A randomized controlled trial comparing V.A.C.uum assisted closure (V.A.C.®) with modern wound dressings. J Vasc. Surg. 2006;44(5):1029-37. RCT n = 60, P = 0.0001.
2 Schwien T, et al., Pressure ulcer prevalence and the role of negative pressure wound therapy in home health quality outcomes. Ostomy Wound Management. 2005;51(9):47-60. Retrospective n = 2348, P = 0.05
3 Page JC. Retrospective analysis of negative pressure wound therapy in open foot wounds with significant soft tissue defects. Adv. in Skin & Wound Care. 2004;17(7):354-364. Retrospective n = 47, P = 0.028
4 Data from the Nationwide Inpatient Sample (NIS) database examining all discharge data from 1,044 community hospitals located in 40 states, approximating a 20-percent stratified sample. Results may vary based on individual patient and facility circumstances and conditions.
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