Arteriocyte Medical Systems announces another FDA approval for its Magellan® Technology

Jun 04, 2012, 09:30 ET from Arteriocyte

HOPKINTON, Mass., June 4, 2012 /PRNewswire/ -- Arteriocyte Medical Systems, Inc. announced today approval by the U.S. Food and Drug Administration (FDA) to manufacture and distribute the Arteriocyte Medical Systems brand of Anticoagulant Citrate Dextrose Solution, USP (ACD-A) for use with its Magellan® Platelet Separation System.

The new single use package of 50cc volume ACD-A solution will replace the company's currently available smaller 30cc volume ACD-A vials in the Magellan® surgical convenience kits.

Arteriocyte Medical Systems' lead product is the Magellan® Autologous Platelet Separator System. The Magellan® system is an FDA 510(k) cleared medical device for the rapid production of platelet rich plasma from blood and bone marrow that can be applied to a surgical site as surgeons deem necessary. Magellan® MAR01 technology enables the rapid Operating Room based "closed system" concentration of aspirated bone marrow, yielding a bedside prepared product rich in platelets, hematopoietic stem cells and mesenchymal stem cells in as little as fifteen minutes.

About Arteriocyte Medical Systems, Inc.

Arteriocyte Medical Systems, Inc., is a leading medical device company focused on developing and marketing novel medical products to improve surgical outcomes and help patients heal faster. Arteriocyte Medical Systems was created in 2007 through Arteriocyte's partnership with DW Healthcare Partners and Comerica in order to commercialize and distribute novel medical devices and point of care surgical solutions to address serious unmet medical needs in cardiac, orthopedic and vascular surgeries.

SOURCE Arteriocyte