Medindia
Medindia LOGIN REGISTER
Advertisement

PreMD Reports Further Positive Meetings with the FDA

Saturday, June 14, 2008 General News
Advertisement
TORONTO, June 13 /PRNewswire-FirstCall/ - Predictive medicine companyPreMD Inc. (TSX: PMD; Amex: PME) today announced that the Company has hadfurther meetings with the U.S. Food and Drug Administration (FDA) in an effortto resolve the outstanding issues associated with obtaining broader regulatoryclearance for its non-invasive skin cholesterol test. Over the next 60 daysPreMD and the FDA will work together to try to obtain consensus on certainconclusions from the existing clinical data in order to develop appropriatelabeling for the product.
Advertisement

"The FDA has provided constructive comments and assistance in defining themost appropriate strategy for clearance, and we look forward to a productiveoutcome at the end of the 60 days," said Brent Norton, president and CEO ofPreMD.
Advertisement

About PreMD Inc.

PreMD Inc. is a leader in predictive medicine, dedicated to developingrapid, non-invasive tests for the early detection of life-threateningdiseases. PreMD's cardiovascular products include a line of non-invasive skincholesterol tests. PreMD's other skin cholesterol products include PREVU(x)LT, a skin cholesterol test designed for use in the life insurance industry.The Company's cancer tests include ColorectAlert(TM), LungAlert(TM) and abreast cancer test. PreMD's head office is located in Toronto, Ontario and itsresearch and product development facility is at McMaster University inHamilton, Ontario. For more information about PreMD, please visitwww.premdinc.com.

This press release contains forward-looking statements. These statementsinvolve known and unknown risks and uncertainties, which could cause theCompany's actual results to differ materially from those in theforward-looking statements. Such risks and uncertainties include, amongothers, the successful development or marketing of the Company's products, thecompetitiveness of the Company's products if successfully commercialized, thelack of operating profit and availability of funds and resources to pursue R&Dprojects, the successful and timely completion of clinical studies, productliability, reliance on third-party manufacturers, the ability of the Companyto take advantage of business opportunities, uncertainties related to theregulatory process, and general changes in economic conditions. In addition,while the Company routinely obtains patents for its products and technology,the protection offered by the Company's patents and patent applications may bechallenged, invalidated or circumvented by our competitors and there can be noguarantee of our ability to obtain or maintain patent protection for ourproducts or product candidates.

Investors should consult the Company's quarterly and annual filings withthe Canadian and U.S. securities commissions for additional information onrisks and uncertainties relating to the forward-looking statements. Investorsare cautioned not to rely on these forward-looking statements. PreMD isproviding this information as of the date of this press release and does notundertake any obligation to update any forward-looking statements contained inthis press release as a result of new information, future events or otherwise.

SOURCE PreMD Inc.
Sponsored Post and Backlink Submission


Latest Press Release on General News

This site uses cookies to deliver our services.By using our site, you acknowledge that you have read and understand our Cookie Policy, Privacy Policy, and our Terms of Use  Ok, Got it. Close