Coloplast A/S Acquires Levera Male Incontinence Therapy from Caldera Medical
November 15 2007 - 10:07AM
PR Newswire (US)
New hope for 3.5 million men suffering from incontinence: superior
performance in the surgical treatment of male stress urinary
incontinence is expected of Levera, the newest addition to
Coloplast A/S. COPENHAGEN, Denmark, Nov. 15 /PRNewswire-FirstCall/
-- Coloplast A/S announced today that they have signed an agreement
with Caldera Medical, Inc., California, transferring substantially
all assets related to the Levera male incontinence treatment from
Caldera to Coloplast. The Levera male incontinence therapy
represents the next generation of sling therapy addressing symptoms
of male stress urinary incontinence ("SUI"). It is a key element in
the continued expansion of Coloplast's surgical portfolio for Men's
Health. Currently in final stages of development, the Levera system
offers a superior alternative to traditional surgical modalities.
The new treatment is being driven by input from a team of urology
experts in the field of male incontinence therapies. Commenting on
behalf of the team, consisting of doctors Craig Comiter, Chief,
Section of Urology, University of Arizona, Victor Nitti, Professor
and Vice Chairman of Urology, NYU, and Eugene Rhee, Associate Chief
of Urology, Southern California Permanente Medical Group, Dr.
Comiter stated, "Clearly there is a need for more advanced
approaches in the treatment of male SUI. Levera represents the
potential for a minimally invasive surgical procedure that will
improve upon the results of the first-generation male slings. It
should be a welcome addition to the urologist's armamentarium for
men who suffer from incontinence." The Levera male sling is a
method for treating incontinence by placing a support, or sling,
near the urethra, restoring it to a more normal position. The sling
exerts pressure on the urethra to improve continence. A similar
approach is widely used for women with stress incontinence, and the
Levera Male Incontinence Therapy is expected to raise the bar for
male sling therapy. In the US and Europe alone, over 3.5 million
men suffer from SUI. While not a life threatening disease it is one
that has serious adverse effects on the quality of life, and
continues to affect an increasing number of men worldwide.
"Coloplast intends to lead the market in developing and introducing
next- generation surgical therapies for disorders affecting the
daily lives of both men and women," said Lars Rasmussen, Group
Executive Vice President. "An advanced male sling therapy
represents a significant step in equipping the surgeon with
leading-edge procedures for improving the lives of men. Caldera
Medical has shown great foresight in sponsoring the development of
this unique solution for male SUI, and, along with a team of
leading urologists, Coloplast will continue the development to its
successful clinical conclusion." Coloplast develops, manufactures
and markets medical devices and services to an increasing number of
users all over the world. Our business areas include ostomy care
products; urology & continence care products and products for
wound & skin care. We work closely with health care
professionals and product users in creating new and innovative
products and services. We employ approximately 7,000 people.
DATASOURCE: Coloplast Corp. CONTACT: Maria Toso, Communications
Consultant, Coloplast Corp., +1-612-337-7954, Web site:
http://www.coloplast.com/
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