New skin sterol data to be presented at American Association for Clinical Chemistry meeting
May 24 2005 - 4:18PM
PR Newswire (US)
New skin sterol data to be presented at American Association for
Clinical Chemistry meeting TORONTO, May 24 /PRNewswire-FirstCall/
-- Predictive medicine company IMI International Medical
Innovations Inc. (Amex: IME; TSX: IMI) today announced that a
scientific abstract featuring PREVU(x) LT Skin Sterol Test, the
lab-processed format of the company's non-invasive test for
cardiovascular disease risk assessment, has been accepted for
presentation at the American Association for Clinical Chemistry
(AACC) Annual Meeting, July 24 - 28, in Orlando, Florida. "This is
the first time data on PREVU(x) LT will be presented in such a
forum, which significantly enhances the credibility of this new
test format," said Dr. Brent Norton, IMI President and CEO. "This
event will foster additional awareness and discussion of the value
and potential of our skin sterol technology." The abstract accepted
for presentation is A novel, non-invasive skin- stripping device
and method for measurement of cholesterol in skin samples,
co-authored by P. Horsewood, R. Zawydiwski, M. Evelegh, M.
Patterson, S. Dudek and M. Gupta. The AACC is an international
scientific/medical society of clinical laboratory professionals,
physicians, research scientists and others involved with clinical
laboratory medicine, science and related disciplines. The AACC
provides leadership in advancing the practice and profession of
clinical laboratory medicine and its role in improving health care.
Its members develop and perform tests conducted in hospital
laboratories, clinics, medical centers and other health care
settings. About IMI IMI (http://www.imimedical.com/) is a world
leader in predictive medicine, dedicated to developing rapid,
non-invasive tests for the early detection of life-threatening
diseases. IMI's cardiovascular products, which are branded as
PREVU(x) Skin Sterol Test, are marketed and distributed worldwide
by McNeil Consumer Healthcare, Canada. The company's cancer tests
include ColorectAlert(TM), LungAlert(TM) and a breast cancer test.
IMI's head office is located in Toronto, and its research and
product development facility is at McMaster University in Hamilton,
Ontario. For information regarding PREVU(x), please go visit
http://www.prevu.com/. This press release contains forward-looking
statements. These statements involve known and unknown risks and
uncertainties, which could cause the Company's actual results to
differ materially from those in the forward-looking statements.
Such risks and uncertainties include, among others, the lack of
operating profit and availability of funds and resources to pursue
R&D projects, the successful and timely completion of clinical
studies, the successful development or marketing of the Company's
products, reliance on third-party manufacturers, the
competitiveness of the Company's products if successfully
commercialized, the ability of the Company to take advantage of
business opportunities, uncertainties related to the regulatory
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 be challenged, invalidated or circumvented
by our competitors and there can be no guarantee of our ability to
obtain or maintain patent protection for our products or product
candidates. Investors should consult the Company's quarterly and
annual filings with the Canadian and U.S. securities commissions
for additional information on risks and uncertainties relating to
the forward-looking statements. Investors are cautioned not to rely
on these forward-looking statements. IMI is providing this
information as of the date of this press release and does not
undertake any obligation to update any forward-looking statements
contained in this press release as a result of new information,
future events or otherwise. DATASOURCE: IMI International Medical
Innovations Inc. CONTACT: Company: Sarah Borg-Olivier, Director,
Communications, T: (416) 222-3449, ; U.S. Investor Contact: Andrea
Faville, John Nesbett, The Investor Relations Group, T: (212)
825-3210, ,
Copyright