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Veran Medical Technologies, Inc.

Veran Medical Receives FDA Clearance to Market Electromagnetic Navigated Bronchoscopy Product: the SPiN Drive System

Published in Cancer Weekly, December 22nd, 2009

Veran Medical Technologies announced that it received clearance (K091934) from the U.S. Food and Drug Administration (FDA) to market a product for the delivery of instruments through the pulmonary tract. "Veran is excited about this clearance as it allows the company to address a huge unmet clinical need in lung cancer diagnosis and treatment," said Jerome R. Edwards, Veran president and chief executive officer. "Leveraging our proprietary IG4 Platform Technology, currently on the market for percutaneous procedures, we are now able to launch our SPiN Drive™ System for endobronchial procedures."

Even without formal lung cancer screening, it is estimated that over 6...

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