Bovie Medical Corporation (the “Company”) (NYSE-AMEX Symbol: BVX), a manufacturer and marketer of electrosurgical products, today announced the Company received clearance from the Food and Drug Administration (FDA) to market its ICON VS electrosurgical generator. The generator has been designed to perform vessel sealing procedures, providing both monopolar and bipolar energy options to the surgeon. The clearance of the ICON VS generator allows the Company to complete testing required in support of the previously filed vessel sealing instrument 510(k) application.
The fully digital ICON VS generator has a user-friendly touch-screen interface allowing the surgeon flexibility to choose from a variety of electrosurgical effects. The monopolar and bipolar functions satisfy a wide variety of surgical demands needed during surgeries including vessel sealing.
The estimated annual worldwide vessel sealing market is approximately $1 billion.
Bovie Medical Corporation