Sep 7 2010
In productive communications towards a new filing
TSO3 Inc. ("TSO3") (TSX: TOS), an innovator in sterilization technology for medical devices in healthcare settings, today announced that the Company is having productive discussions with US regulators, including a very recent face-to-face meeting. The Company is actively engaged in the changing US regulatory process intended to lead to the refiling for 510(k) clearance on its new generation sterilizer.
"Based on recent disclosure from the US Food and Drug Administration, we can see a changing emphasis on what is expected for devices to clear the 510(k) process," stated Charles O. Hancock, RAC, Regulatory Consultant for TSO3. "The Agency wants to make the process more predictable. This means more discussions and guidance upfront before filings, which is intended to lead to a more predictable and timely review", concluded Mr. Hancock.
"We understand the nature of the regulators' process and are confident we can respond to their need for scientifically valid explanations and justifications in a timely manner", commented R.M. (Ric) Rumble, TSO3's President and CEO. "This new process we are currently engaged in with the US regulators involves more discussions before we are ready to file. We see this positively as it will make the outcome of our filing more predictable. We are very confident in our ability to respond with a compliant submission and will disclose when we file our new application", added Mr. Rumble.