Escalon Medical (ESMC) Receives FDA 510(K) Clearance For VascuView(TM)

January 29, 2008 11:24 AM EST

Escalon Medical Corp. (Nasdaq: ESMC) today announced that it has received 510(k) clearance from the U.S. FDA to market the VascuView(TM) Visual Ultrasound System for use with assisted vascular access. Its subsidiary, Escalon Vascular Access, Inc., plans to commence shipments of the product in the United States immediately.

Richard J. DePiano Jr., President of Escalon Medical Corp. commented, "The clearance of the VascuView(TM) system is a very promising milestone as it not only reflects the successful culmination of our research and development efforts but represents our third FDA market clearance in the last six weeks. We remain committed to meeting the needs of the clinical community by delivering innovative and cost-effective technologies."

Escalon Medical Corp., together with its subsidiaries, engages in the development, manufacture, marketing, and distribution of medical devices and pharmaceuticals in the areas of ophthalmology, diabetes, hematology, and vascular access.


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