Jun 7 2012
CardioKinetix Inc., a medical device company pioneering a catheter-based 
      treatment for heart failure, announced today that it has begun 
      enrollment in PARACHUTE III, a post-market safety surveillance trial, in 
      Germany with the CE Marked Parachute™ Ventricular Partitioning Device.
    
After a heart attack, many heart failure patients experience enlargement 
      of their left ventricle causing a decrease in cardiac output resulting 
      in heart failure symptoms such as shortness of breath. Treatment options 
      for patients whose ventricle has enlarged are limited. The Parachute 
      device offers the first minimally invasive catheter-based treatment to 
      partition the damaged muscle, excluding the non-functional heart segment 
      from the healthy, functional segment to decrease the overall volume of 
      the left ventricle and restore its geometry and function.
    
    
      The first implants with CE Marked Parachute devices were done in 
      Heidelberg, Germany by Stefan Hardt, M.D., Department of Cardiology, 
      Heidelberg University Clinic as part of the PARACHUTE III trial, which 
      is designed to evaluate the long-term safety of the Parachute implant 
      in a real-world setting in up to 100 patients with ischemic heart 
      failure at up to 20 centers in Europe. Professor Hardt reported that all 
      patients were treated successfully and discharged without 
      procedure-related complications. A successful case was also performed by 
      Heyder Omran, M.D., Ph.D., Department of Cardiology and internal 
      Medicine, St. Marien-Hospital Abt. Innere Medizin in Bonn, Germany.
    
    
      "The Parachute implant system represents an important 
      advancement in treatment options for patients with ischemic heart 
      failure," said Dr. Martyn Thomas, M.D., chairman of Cardiology at St. 
      Thomas Hospital in London, England, and the principle investigator for 
      the PARACHUTE III study. "These first procedures in the PARACHUTE III 
      trial represent the beginning of the largest clinical data evaluation 
      for this new therapy to date. I am optimistic that the patients treated 
      with the Parachute implant will experience positive results similar to 
      those in prior trials of the device most recently reported during the 
      2012 EuroPCR meeting."
    
    
      CardioKinetix plans to continue expanding its post-marketing trial 
      effort in Europe by adding hospitals in the UK, Spain, Italy, Belgium, 
      Germany, and the Netherlands in coming months. The PARACHUTE III 
      clinical trial will enable physicians in the European Union to increase 
      their experience with the technology while continuing to develop the 
      therapy.