MINRAD International, Inc. Announces Japanese Approval of Sevoflurane
20 Marzo 2007 - 8:26AM
PR Newswire (US)
ORCHARD PARK, N.Y., March 20 /PRNewswire/ -- MINRAD International,
Inc. today announced that its exclusive distribution partner in
Japan, Merck Seiyaku, has received approval of Sevoflurane from the
Japanese Ministry of Health. Prior to sale of Sevoflurane in Japan,
Merck Seiyaku will need to receive pricing authorization from the
Japanese Government, which it expects in July of 2007 Contact:
Timothy Sheehan, VP - Corporate Development (716) 855-1068
http://www.minrad.com/ About the Company MINRAD International, Inc.
is an interventional pain management company with real-time image
guidance and anesthesia and analgesia product lines. The real-time
image guidance products facilitate minimally invasive surgery
especially for pain management and have broad applications in
orthopedics, neurosurgery, and interventional radiology. These
devices enable medical professionals to improve the accuracy of
interventional procedures and reduce radiation exposure. MINRAD
International also manufactures and markets generic inhalation
anesthetics for use in connection with human and veterinary
surgical procedures. The company is developing a drug/drug delivery
system for conscious sedation, which, similar to nitrous oxide in
dental surgery, provides a patient with pain relief without loss of
consciousness. Additional information can be found at the company's
website, http://www.minrad.com/. The information contained in this
news release, other than historical information, consists of
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. These statements may
involve risks and uncertainties that could cause actual results to
differ materially from those described in such statements. Factors
that may cause actual results to differ materially from those
expressed or implied by its forward-looking statements include, but
are not limited to, Minrad International's limited operating
history and business development associated with being a growth
stage company; its dependence on key personnel; its need to attract
and retain technical and managerial personnel; its ability to
execute its business strategy; the intense competition it faces;
its ability to protect its intellectual property and proprietary
technologies; its exposure to product liability claims resulting
from the use of its products; general economic and capital market
conditions; financial conditions of its customers and their
perception of its financial condition relative to that of its
competitors; as well as those risks described under the heading
"Risk Factors" of Minrad International's Form 10-KSB, filed with
the Securities and Exchange Commission on March 29, 2006. Although
Minrad International, Inc. believes that the expectations reflected
in such forward-looking statements are reasonable, it can give no
assurance that such expectations will prove to have been correct.
DATASOURCE: MINRAD International, Inc. CONTACT: Timothy Sheehan, VP
- Corporate Development, +1-716-855-1068, or Web site:
http://www.minrad.com/
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