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STEEN Solution™ approved in China

XVIVO Perfusion has received approval of STEEN Solution™ by the China Food and Drug Administration (CFDA). This enables the company to market and sell STEEN Solution™ for clinical use in China.

CFDA has approved STEEN Solution ™ for lung transplantation, which allows sales of STEEN Solution ™ for clinical use in lung transplants in China. China currently accounts for less than five percent of all lung transplants in the world, despite the large share of the world’s population, but the market has shown rapid growth in recent years and there is a great need for more donated lungs for lung transplantation.

"The approval of STEEN Solution ™ in China is important for future growth because there is a great need for lung transplants and an interest in utilizing EVLP with STEEN Solution ™ to increase the availability of usable donor lungs. To be present early in the growth phase and establish the products increases the chances of becoming a leader when the market matures," says Magnus Nilsson, CEO of XVIVO Perfusion.

November 20, 2015
Gothenburg
XVIVO Perfusion AB (publ)

For further information please contact:

Christoffer Rosenblad, CFO, 1 720 616 2101, christoffer.rosenblad@xvivoperfusion.com
For further information on XVIVO Perfusion’s business, please refer to the company’s website, www.xvivoperfusion.com

The information was submitted for publication on November 20, 2015 at 8:30 a.m.

This is a translation of the Swedish version of the press release. When in doubt, the Swedish wording prevails.

About us

Founded in 1998, XVIVO is the only medical technology company dedicated to extending the life of all major organs so transplant teams around the world can save more lives.
Our solutions allow leading clinicians and researchers to push the boundaries of transplantation medicine.
XVIVO is headquartered in Gothenburg, Sweden, and has offices and research sites on three continents. The company is listed on Nasdaq.

Contact

Swedish Office
XVIVO Perfusion AB
Box 53015
SE-400 14 Göteborg
Sweden

Phone: +46 31 788 21 50
Fax: +46 31 788 21 69
info@xvivogroup.com

 

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