Published:
Vicor Technologies Issued Australian Patent for Its Altered State Physiology Drug Development Platform

David H. Fater, CEO of Vicor Technologies,
Inc. (OTCBB: VCRT), today announced that on July 23, 2009, the Australian
Patent Office issued it a Deed of Letters Patent for its altered state
physiology drug development platform. Vicor Technologies is a
biotechnology company focused on the commercialization of innovative,
non-invasive medical devices and diagnostics using its patented,
proprietary PD2i® nonlinear algorithm and software to stratify patients
at risk of sudden cardiac death and trauma victims in need of lifesaving
intervention. Vicor also has filed several patents associated with the
development of peptides and proteins derived from "state-dependent"
physiologies to advance the treatment of a wide variety of human
conditions.
The Australian Deed of Letters Patent (#2003209030) is valid through
February 5, 2023 (20 years from the filing date). Vicor's altered state
physiology drug development platform is based on the clinical peptides and
proteins derived from "state-dependent" physiologies. This platform may be
used to advance the treatment of an array of human conditions, including
stroke ischemia, cardiac ischemia, kidney failure, hypertension, obesity,
cancer, and organ transplant/preservation, by reducing the cost, time, and
risk associated with bringing related pharmaceuticals to market.
"This is the third international patent we've received for our drug
development platform in its entirety and we're hopeful that we'll receive
notice from the U.S. patent office no later than the first quarter of
2010," stated Mr. Fater. "We believe our drug development platform has
significant advantages over the drug development process currently in use,
which focuses on the time- and cost-intensive testing of compounds on nerve
receptors and genes. Additionally, as these peptides and proteins are
naturally occurring in mammals, there is a high probability of
non-toxicity; toxicity is a significant issue in the current testing
process," Mr. Fater concluded.
About Vicor Technologies, Inc.
Vicor Technologies is a development-stage biotechnology company creating
innovative non-invasive diagnostics employing its patented, proprietary
point correlation dimension algorithm (PD2i®). The PD2i® is a
deterministic, nonlinear measure that analyzes electrophysiological
potentials to predict future pathological events with a high degree of
accuracy in target populations.
Vicor currently has three products employing the PD2i® nonlinear
algorithm. The PD2i Analyzer(TM), which has FDA 510(k) marketing
clearance, measures heart rate variability and Vicor will be commencing a
clinical trial to determine its efficacy to detect the presence of diabetic
autonomic neuropathy (DAN). The PD2i VS(TM) (Vital Sign), in clinical
trials under a collaborative effort with the U.S. Army Institute for
Surgical Research (http://www.usaisr.amedd.army.mil/), risk stratifies
combat and civilian trauma victims. The PD2i CA(TM) (Cardiac Analyzer), in
multiple clinical trials, identifies patients at risk of sudden cardiac
death.
Vicor anticipates additional applications employing the PD2i® nonlinear
algorithm to enable early detection and risk stratification for a variety
of other disorders and diseases.
Vicor is also engaged in the pre-clinical and early clinical development of
specific occurring peptides and proteins derived from "state-dependent"
physiologies to advance the treatment of an array of human conditions --
e.g., stroke ischemia, cardiac ischemia, kidney failure, hypertension,
obesity, and cancer, organ transplant/preservation -- by reducing the cost,
time, and risk associated with bringing potential products to market.
Additional information is available at www.vicortech.com.
The appearance of name-brand institutions or products in this media release
does not constitute endorsement by the U.S. Army Medical Research and
Materiel Command, the Department of the Army, Department of Defense or the
U.S. Government of the information, products or services contained therein.
Caution Regarding Forward-Looking Statements
Forward-looking statements in this press release are based on current plans
and expectations that are subject to uncertainties and risks, which could
cause our future results to differ materially. The following factors,
among others, could cause our actual results to differ: our ability to
obtain FDA approval of the PD2i VS(TM) (Vital Sign) for military and
civilian applications and the PD2i CA(TM) (Cardiac Analyzer), our ability
to continue to receive financing sufficient to continue operations and
complete the critical clinical trials; our ability to continue as a going
concern; our ability to successfully develop products based on our
technologies; our ability to obtain and maintain adequate levels of
third-party reimbursement for our products; the impact of competitive
products and pricing; our ability to receive regulatory approval for our
products; the ability of third-party contract research organizations to
perform preclinical testing and clinical trials for our technologies; the
ability of third-party manufacturers to manufacture our products; our
ability to retain the services of our key personnel; our ability to market
and sell our products successfully; our ability to protect our intellectual
property; product liability; changes in federal income tax laws and
regulations; general market conditions in the medical device and
pharmaceutical industries; and other matters that are described in Vicor's
Annual Report on Form 10-K for the fiscal year ended December 31, 2008 and
subsequent filings with the Securities and Exchange Commission.
Forward-looking statements in this press release speak only as of the date
of the press release, and we assume no obligation to update forward-looking
statements or the reasons why actual results could differ.
Release 09-17
Copyright © 2009, MarketWire
Copyright © 2009, NewsBlaze,
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