Bovie Medical Corporation (the “Company”) (NYSE-AMEX Symbol: BVX), a
manufacturer and marketer of electrosurgical products, today announced a
510K submission to the Food & Drug Administration seeking pre-market
clearance for Bovie’s Polarian Seal-N-Cut™ vessel sealing line of hybrid
monopolar and bipolar forceps.
The new Seal-N-Cut™ line of instruments provides for monopolar and
bipolar energy combined with intelligent feedback from Bovie’s Hybrid VS
electrosurgical generator.
Furthermore, the Seal-N-Cut™ devices accommodate a wide array of
possible applications in either monopolar or bipolar surgeries thereby
serving endoscopic needs in multiple endoscopic fields including Endo
GYN, General Surgery, Pediatric surgery, Thoracic Endoscopy and Urology.
Bipolar vessel sealing and coagulation is one of the fastest growing
markets in Endoscopy, estimated to exceed $1 billion in revenues
worldwide.
Andrew Makrides, president of Bovie Medical stated, “Vessel sealing
during surgery especially in the field of gynecology has become a
rapidly expanding growth market. The added features of our Seal-N-Cut™
instrumentation allows the Company to actively compete in this market.”
For further information about the Company’s current and new products,
please refer to the Investor Relations section of Bovie’s website www.boviemedical.com.
This document may contain some forward looking statements, particularly
regarding operational prospects in 2009 and beyond, which involve a
number of risks and uncertainties that could cause actual results to
differ materially. These risks are listed from time to time in the
Company’s SEC filings.
Investor:
Buttonwood Advisory Group, Inc.
John Aneralla,
1-800-940-9087