News | May 24, 2012

IsoRay’s GliaSite Approved for Sale in 31 European Countries

Significant Growth Expected as CE Mark Designation Clears Way for International Launch

May 24, 2012 — IsoRay Inc., a medical technology company in seed brachytherapy and medical radioisotope applications, announced that the GliaSite radiation therapy system, the world's only balloon catheter device used in the treatment of brain cancer, has earned the European CE Mark, allowing for immediate sale in 31 European countries. The system’s balloon catheter is a technology that allows physicians to treat more patients than before with brachytherapy or internal radiation, and provides important benefits over other radiation treatment options.

"This is a major event for IsoRay as it opens the door to revenue opportunities in international markets where our current distributor previously marketed GliaSite for its prior manufacturer. In addition, it allows us to pursue other distribution opportunities in countries not previously serviced. This completes the last requirement essential to initiate the international launch of our GliaSite radiation therapy system," said Dwight Babcock, chairman and CEO of IsoRay.

The GliaSite radiation therapy is being reintroduced to the market by IsoRay, which has exclusive worldwide rights to the system. IsoRay is also the manufacturer of cesium-131, which allows for the internal radiation treatment of many different cancers because of its combination of high energy and speed in giving off therapeutic radiation (9.7 day half-life).

IsoRay has already received a CE mark for its cesium-131 lung cancer sutures and mesh. Cesium-131 mesh brachytherapy gives physicians a viable treatment option for early-stage lung cancer patients who otherwise would have been inoperable because of limited pulmonary function or other health issues. With mesh brachytherapy, patients benefit from getting the most targeted radiation possible, which decreases the chance of the cancer recurring and decreases the amount of potential lung damage as compared to other available treatments. Some doctors report that they have found placing cesium-131 lung mesh over the surgical suture line reduces the risk of cancer recurrence in patients to 2 percent or less.

Babcock says this latest achievement comes on the heels of the company's reintroduction of the GliaSite radiation therapy system and introduction of cesium-131 sutures and mesh to the international medical community at the World Congress of Brachytherapy in May 2012.

For more information: www.isoray.com

Related Content

DOSIsoft Receives FDA 510(k) Clearance for Planet Onco Dose Software
Technology | Information Technology | June 20, 2019
DOSIsoft announced it has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) to market Planet...
New Data Demonstrates Safety Profile of GammaTile Therapy for Various Brain Tumors
News | Brachytherapy Systems | June 18, 2019
GT Medical Technologies Inc. announced the presentation of clinical data from a prospective study of GammaTile Therapy...
Black Men Less Likely to Adopt Active Surveillance for Low-Risk Prostate Cancer
News | Prostate Cancer | June 17, 2019
A new study reveals black men are less likely than white men to adopt an active surveillance strategy for their...
University Medical Center Groningen Performs First Automatic Log-based Proton Therapy Patient QA
News | Proton Therapy | June 14, 2019
IBA announced the physics team of University Medical Center Groningen (UMCG) in the Netherlands has developed and...
ASTRO Applauds New Prior Authorization Legislation
News | Radiation Therapy | June 07, 2019
The American Society for Radiation Oncology (ASTRO) released a statement applauding Congress’s introduction of...
IBA Dosimetry Launches myQA iON
News | Quality Assurance (QA) | June 07, 2019
IBA (Ion Beam Applications S.A.) announced the launch of myQA iON at the 2019 Particle Therapy Co-Operative Group (...
Study Identifies MRI-Guided Radiation Therapy as Growing Market Segment
News | Image Guided Radiation Therapy (IGRT) | June 06, 2019
Revenues from the magnetic resonance imaging (MRI)-guided radiation therapy systems market exceeded $220 million in...
RefleXion Opens New Manufacturing Facility for Biology-guided Radiotherapy Platform
News | Radiation Therapy | May 31, 2019
RefleXion Medical recently announced the opening of its new manufacturing facility at its headquarters in Hayward,...
Accuray Radixact

Accuray Radixact

Feature | Radiation Therapy | May 29, 2019 | By Jeff Zagoudis
While radiation therapy as a disciplin
Sponsored Content | Case Study | Radiation Therapy | May 29, 2019
The so-called “Grey Tsunami” of baby boomers using healthcare services isn’t taking the Radiation Medicine Program at