Monday, June 11, 2012

VentriPoint Adds Mayo Clinic To Pulmonary Arterial Hypertension Study


VentriPoint Diagnostics Ltd
VPT - TSX Venture / VPTDF - OTCQX
Shares issued: ~ 131.2 million
Fully diluted: ~ 170.7 million

-----------------------------------

In case you missed it, late Friday, VentriPoint announced that the Mayo Clinic is now operational in its 75 patient pulmonary hypertension study. The Rochester Minnesota hospital is the last hospital to be added to the multi-centre study.   

The Mayo Clinic joins the University of Chicago in Chicago; Allegheny General Hospital in Pittsburgh; Baylor in Houston; Brigham and Women’s in Boston; Cleveland Clinic in Cleveland; Johns Hopkins in Baltimore and the Toronto General Hospital in Toronto.

VentriPoint anticipates the study to be completed and submitted to the FDA by Q3-12. The company expects a response from the FDA within the mandatory 90 days so investors should hear something by Q4 of this year.

To view the full news release, please click here.