SUWANEE, GA, Feb. 07, 2018 (GLOBE NEWSWIRE) — SANUWAVE Health, Inc. (OTCQB: SNWV) is pleased to announce that the company will exhibit at Wounds Canada 2018 Spring Conference in Winnipeg, Manitoba on 11 -12 May 2018. SANUWAVE cordially invites you to visit us in our booth. Wounds Canada’s spring conference is a continuing education event designed to support healthcare professionals who work with patients with wounds or patients who are at risk for developing wounds. SANUWAVE is using this occasion to continue the education of Canadian customers on our lead wound care product, dermaPACE®.
“We are very excited about our US FDA approval received in December 2017 for our dermaPACE System to treat diabetic foot ulcers,” stated Kevin A. Richardson II, Chief Executive Officer of SANUWAVE. “We have received great response to our FDA approval, including in Canada, and now we expect to become a material player in the wound care space in Canada as 2018 unfolds and develops.”
In Canada, 2.4 million people were living with diabetes in 2008-2009, a figure that is expected to rise to close to 4 million people by 2018-2019. Ulceration of the foot is one of the major health problems for diabetics. Also, in acute inpatient care the diabetic foot ulcers represent a serious chronic disease. Wounds Canada, formerly Canadian Association of Wound Care, estimates that the average cost of treating a chronic wound in Canada is $10K and diabetes related ulcers cost the Canadian health care system $150M annually. Early treatment intervention with dermaPACE System can prevent ulcers from developing complications such as infection that could lead to amputation.
Our Chief Financial Officer, Lisa Sundstrom, will be attending the conference on behalf of SANUWAVE. Please feel free to contact Lisa directly at email@example.com to set up an appointment during the conference.
About SANUWAVE Health, Inc.
SANUWAVE Health, Inc. (OTCQB:SNWV) (www.sanuwave.com) is a shock wave technology company initially focused on the development and commercialization of patented noninvasive, biological response activating devices for the repair and regeneration of skin, musculoskeletal tissue and vascular structures. SANUWAVE’s portfolio of regenerative medicine products and product candidates activate biologic signaling and angiogenic responses, producing new vascularization and microcirculatory improvement, which helps restore the body’s normal healing processes and regeneration. SANUWAVE applies its patented PACE technology in wound healing, orthopedic/spine, plastic/cosmetic and cardiac conditions. Its lead product candidate for the global wound care market, dermaPACE®, is US FDA cleared for the treatment of Diabetic Foot Ulcers. The device is also CE Marked throughout Europe and has device license approval for the treatment of the skin and subcutaneous soft tissue in Canada, South Korea, Australia and New Zealand. SANUWAVE researches, designs, manufactures, markets and services its products worldwide, and believes it has demonstrated that its technology is safe and effective in stimulating healing in chronic conditions of the foot (plantar fasciitis) and the elbow (lateral epicondylitis) through its U.S. Class III PMA approved OssaTron® device, as well as stimulating bone and chronic tendonitis regeneration in the musculoskeletal environment through the utilization of its OssaTron, Evotron® and orthoPACE® devices in Europe, Asia and Asia/Pacific. In addition, there are license/partnership opportunities for SANUWAVE’s shock wave technology for non-medical uses, including energy, water, food and industrial markets.
This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future business development activities, and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the key risks, assumptions and factors that may affect operating results, performance and financial condition are risks associated with the regulatory approval and marketing of the Company’s product candidates and products, unproven pre-clinical and clinical development activities, regulatory oversight, the Company’s ability to manage its capital resource issues, competition, and the other factors discussed in detail in the Company’s periodic filings with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statement.
For additional information about the Company, visit www.sanuwave.com.
Contact: Millennium Park Capital LLC Christopher Wynne 312-724-7845 firstname.lastname@example.org SANUWAVE Health, Inc. Lisa Sundstrom Chief Financial Officer 678-578-0117 (Office) 678-569-0881 (Fax) Lisa.Sundstrom@sanuwave.com