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Health Care
Competitive Technologies' Pain Therapy Medical Device to Treat Patients at University of Wisconsin-Madison
FAIRFIELD, Conn., Competitive
Technologies, Inc. announced that the University
of Wisconsin-Madison will use CTT's pain therapy medical device to
treat patients at its Carbone Cancer Center in the School of Medicine
and Public Health, under the direction of Toby C. Campbell, M.D.,
Miroslav "Misha" Backonja, M.D., and James Cleary, M.D. Drs. Cleary and
Campbell are national leaders in palliative care at the University of
Wisconsin Carbone Cancer Center. Dr. Backonja is recognized as a global
authority in neuropathic pain treatment and is Professor of Neurology
at the University of Wisconsin School of Medicine and Public Health.
Dr. Cleary is Director Palliative Care at the University of Wisconsin
School of Medicine and Public Health. Dr. Campbell's clinical research
interests are in lung cancer therapeutics, chemotherapy-induced
peripheral neuropathy, symptom management, and interdisciplinary
medical teams.
"We are pleased to be partnering with the University of Wisconsin and
Drs. Backonja, Cleary and Campbell to offer this non-invasive option
for their patients suffering from debilitating pain," said John B.
Nano, CTT's Chairman, President and CEO. "With all the negative press
about narcotic painkillers, it is incredibly rewarding to be able to
provide this effective alternative."
"Our device completely avoids the addictive properties, adverse side
effects and risk of death associated with narcotic painkillers," said
Aris Despo, CTT's Executive VP, Business Development. "The CDC's
National Center for Health Statistics reported last month that the
number of fatal poisonings involving opioid analgesics more than
tripled from 1999 to 2006, largely due to the increased use of these
powerful narcotic painkillers. In that same period, deaths from opioid
poisoning overtook traffic fatalities as the largest cause of
injury-related deaths in 16 states, including our home state of
Connecticut. One opioid analgesic, hydrocodone, topped the AARP
Bulletin's "50 Most Prescribed Drugs" list, with over 121 million
prescriptions written in 2008, nearly double the number of
prescriptions for the next drug on the list. Our pain therapy medical
device has none of these adverse side effects."
This non-invasive technology brings CTT to the forefront in meeting the
needs of patients and improving palliative healthcare globally. The
pain therapy medical device is currently being used by clinical
investigators at the Virginia Commonwealth University Massey Cancer
Center for independent clinical research to examine the device's
ability to decrease pain associated with chemotherapy-induced
peripheral neuropathy (CIPN). Principal investigator Thomas J. Smith,
MD, is an international leader in palliative care and pain management.
Carbone Cancer Center and Massey Cancer Center are planning an
independent multi-center study of the MC-5A to further research its
efficacy in the treatment of oncology patients affected by CIPN.
CTT has exclusive worldwide rights to the device, which has U.S. FDA
clearance for sales in the U.S. as well as Medical Device CE
certification from the E.U. Developed in Italy by CTT's client, Prof.
Giuseppe Marineo, the device has been used to treat over 3,000 patients
in Europe and the U.S. CTT partner, GEOMC Co., Ltd. of Korea, is
producing the device commercially for worldwide distribution.
Distribution agreements are in place in 42 countries around the world,
accounting for more than 50% of the world's population. For more
information about the device, visit http://www.CalmareTT.com.
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