Biophan Technologies, Inc. (OTCBB: BIPH; FWB: BTN), a
developer of next-generation medical technology, has announced the
addition of Mark E. Ladd, Ph.D., and Harald H. Quick, Ph.D. to the
Company's Scientific Advisory Board.
Dr. Ladd is Professor and Director of Biomedical Imaging at the Institute for Diagnostic and Interventional Radiology and Neuroradiology at the University Hospital and Director of the International Research Center for Magnetic Resonance in Medicine and Cognitive Science, both in Essen, Germany. Additionally, he serves as Vice President for Research and Development of MR-Innovation GmbH, also in Essen. Germany. His research interests are in MR safety, MR-guided vascular interventions, MR elastography, MR angiography, whole-body MR imaging, and high-field MR imaging,
Dr. Quick's research interests are in MR safety, MR-guided vascular interventions, MR angiography, whole-body MR imaging, high-field MR imaging, and radio frequency (RF) coil design. He is Associate Professor of Radiology and Senior Physicist, at the Institute for Diagnostic and Interventional Radiology at the Institute for Diagnostic and Interventional Radiology and Neuroradiology at University Hospital, and is Founder, President and CEO of MR-Innovation GmbH, all in Essen, Germany. Dr. Quick has conducted research with active MRI stents and Biophan is currently cooperating with him and Dr. Christoph K. Naber of the Department of Cardiology at University Hospital on an animal trial of a balloon expanding coronary stent.
"The addition of these distinguished scientists, initiated by Biophan Europe, strengthens our scientific network already in place," said Michael Weiner, Biophan CEO. "Their expertise will be an invaluable resource for our research and development endeavors in MRI safety and visualization of both implantable devices and interventional surgical instruments. We are honored that they have agreed to serve along with the other prominent members of our Scientific Advisory Board."
About Biophan Technologies
Biophan develops and markets cutting-edge technologies for the medical device industry that provide competitive advantages. The Company's founding goal was to make all biomedical devices capable of safely and successfully working with magnetic resonance imaging (MRI), problems which the Company has solved and begun to license to leading device manufacturers. The Company's mission has expanded to provide other technologies which will improve the delivery of healthcare. Biophan's technologies enable medical systems such as pacemakers, interventional surgical devices such as catheters and guidewires, and implants such as stents to be safely and/or effectively imaged under MRI. The Company is helping to commercialize the MYO-VAD(TM), a novel, MRI-compatible ventricular assist device which has significant potential to improve the treatment of many forms of acute and chronic heart disease. Other applications in development include drug delivery and power systems which derive energy from body heat. Committed to growth through innovation and developmental leadership, Biophan and its licensors now hold a total of 156 U.S. patents, licenses, or applications, plus international applications. This total includes 50 issued U.S. patents, 8 recently-allowed applications that will issue as patents in the near future, and 98 pending applications at various stages of examination at the U.S. Patent and Trademark Office. The patents cover areas including nanotechnology (nanomagnetic particle coatings), medical device designs, radio frequency filters, polymer composites, thermoelectric materials, and photonics. Biophan has joint development and licensing agreements with Boston Scientific Corporation and NASA's Ames Center for Nanotechnology. Under a Cooperative Research and Development Agreement (CRADA), Biophan will be collaborating with the US Food and Drug Administration's Science and Engineering Laboratories in the Center for Devices and Radiological Health to research and define methods for measuring MRI safety of medical implants. The focus of this work will include cardiac pacemaker and neurostimulation product used in the MRI environment. Biophan is traded on the OTC market under the symbol BIPH, and is also listed on the Frankfurt Stock Exchange under the symbol BTN.
Cautionary Statement Regarding Forward-Looking Statements
Certain statements included in this press release may constitute forward-looking statements within the meaning of applicable securities laws. These statements reflect what Biophan anticipates, expects, or believes may happen in the future. Biophan's actual results could differ materially from the outcome or circumstance expressed or implied by such forward-looking statements as a result of a variety of factors including, but not limited to: Biophan's ability to develop its technologies; the approval of Biophan's patent applications; the successful implementation of Biophan's research and development programs; the ability of Biophan to demonstrate the effectiveness of its technology; the acceptance by the market of Biophan's technology and products incorporating such technology, the ability of Biophan to effectively negotiate and enter into contracts with medical device manufacturers for the licensing of Biophan's technology; competition; the ability of Biophan to raise capital to fund its operating and research and development activities until it generates revenues sufficient to do so; and the timing of projects and trends in future operating performance, as well as other factors expressed from time to time in Biophan's periodic filings with the Securities and Exchange Commission (the "SEC"). As a result, this press release should be read in conjunction with Biophan's periodic filings with the SEC which are incorporated herein by reference. The forward-looking statements contained herein are made only as of the date of this press release, and Biophan undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
Dr. Ladd is Professor and Director of Biomedical Imaging at the Institute for Diagnostic and Interventional Radiology and Neuroradiology at the University Hospital and Director of the International Research Center for Magnetic Resonance in Medicine and Cognitive Science, both in Essen, Germany. Additionally, he serves as Vice President for Research and Development of MR-Innovation GmbH, also in Essen. Germany. His research interests are in MR safety, MR-guided vascular interventions, MR elastography, MR angiography, whole-body MR imaging, and high-field MR imaging,
Dr. Quick's research interests are in MR safety, MR-guided vascular interventions, MR angiography, whole-body MR imaging, high-field MR imaging, and radio frequency (RF) coil design. He is Associate Professor of Radiology and Senior Physicist, at the Institute for Diagnostic and Interventional Radiology at the Institute for Diagnostic and Interventional Radiology and Neuroradiology at University Hospital, and is Founder, President and CEO of MR-Innovation GmbH, all in Essen, Germany. Dr. Quick has conducted research with active MRI stents and Biophan is currently cooperating with him and Dr. Christoph K. Naber of the Department of Cardiology at University Hospital on an animal trial of a balloon expanding coronary stent.
"The addition of these distinguished scientists, initiated by Biophan Europe, strengthens our scientific network already in place," said Michael Weiner, Biophan CEO. "Their expertise will be an invaluable resource for our research and development endeavors in MRI safety and visualization of both implantable devices and interventional surgical instruments. We are honored that they have agreed to serve along with the other prominent members of our Scientific Advisory Board."
About Biophan Technologies
Biophan develops and markets cutting-edge technologies for the medical device industry that provide competitive advantages. The Company's founding goal was to make all biomedical devices capable of safely and successfully working with magnetic resonance imaging (MRI), problems which the Company has solved and begun to license to leading device manufacturers. The Company's mission has expanded to provide other technologies which will improve the delivery of healthcare. Biophan's technologies enable medical systems such as pacemakers, interventional surgical devices such as catheters and guidewires, and implants such as stents to be safely and/or effectively imaged under MRI. The Company is helping to commercialize the MYO-VAD(TM), a novel, MRI-compatible ventricular assist device which has significant potential to improve the treatment of many forms of acute and chronic heart disease. Other applications in development include drug delivery and power systems which derive energy from body heat. Committed to growth through innovation and developmental leadership, Biophan and its licensors now hold a total of 156 U.S. patents, licenses, or applications, plus international applications. This total includes 50 issued U.S. patents, 8 recently-allowed applications that will issue as patents in the near future, and 98 pending applications at various stages of examination at the U.S. Patent and Trademark Office. The patents cover areas including nanotechnology (nanomagnetic particle coatings), medical device designs, radio frequency filters, polymer composites, thermoelectric materials, and photonics. Biophan has joint development and licensing agreements with Boston Scientific Corporation and NASA's Ames Center for Nanotechnology. Under a Cooperative Research and Development Agreement (CRADA), Biophan will be collaborating with the US Food and Drug Administration's Science and Engineering Laboratories in the Center for Devices and Radiological Health to research and define methods for measuring MRI safety of medical implants. The focus of this work will include cardiac pacemaker and neurostimulation product used in the MRI environment. Biophan is traded on the OTC market under the symbol BIPH, and is also listed on the Frankfurt Stock Exchange under the symbol BTN.
Cautionary Statement Regarding Forward-Looking Statements
Certain statements included in this press release may constitute forward-looking statements within the meaning of applicable securities laws. These statements reflect what Biophan anticipates, expects, or believes may happen in the future. Biophan's actual results could differ materially from the outcome or circumstance expressed or implied by such forward-looking statements as a result of a variety of factors including, but not limited to: Biophan's ability to develop its technologies; the approval of Biophan's patent applications; the successful implementation of Biophan's research and development programs; the ability of Biophan to demonstrate the effectiveness of its technology; the acceptance by the market of Biophan's technology and products incorporating such technology, the ability of Biophan to effectively negotiate and enter into contracts with medical device manufacturers for the licensing of Biophan's technology; competition; the ability of Biophan to raise capital to fund its operating and research and development activities until it generates revenues sufficient to do so; and the timing of projects and trends in future operating performance, as well as other factors expressed from time to time in Biophan's periodic filings with the Securities and Exchange Commission (the "SEC"). As a result, this press release should be read in conjunction with Biophan's periodic filings with the SEC which are incorporated herein by reference. The forward-looking statements contained herein are made only as of the date of this press release, and Biophan undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
© 2006 Business Wire
