Monday, August 07, 2017 3:13:26 PM
"Contrast these outcomes with the predictable consequences our patients would have had if PICCs had been mandated for all vancomycin administrations. At the low end of the reported PICC-associated bloodstream infection rate, approximately 16 patients in our cohort would have had catheter-associated bloodstream infections, and 1 or 2 of these patients quite possibly would have died. The unreimbursable cost of treating 16 patients with CLABSI would have been $896,000.23 Compare this with the actual hard-cost savings of $97,740 (1086 patients × $90 savings per procedure) that resulted from using the study midline catheter (the Powerwand) instead of a PICC for vancomycin administration."
http://www.avajournal.com/article/S1552-8855(16)30127-1/fulltext
Proof that what they have patented saves lives and money. If the Powerwand comes into common usage more eyes will be on it's effectiveness in preventing hospital acquired infections, and it is not only applicable to catheters. The possibility of a buyout would certainly bring in more buyers/investors. But, short term anyway, ASNB's profitablity and success depends on Powerwand sales.
"The Company believes that infection rates from MRSA, primarily from hospitals and other medical facilities, pose significant risks to patient populations and are increasing in frequency. In fact, the Centers for Disease Control and Prevention estimates that 250,000 catheter-related bloodstream infections cost the U.S. healthcare system about $4.6 billion a year."
"March 14, 2017
New Study Pushes POWERWAND Midline IV Catheter
to Over 20,000 Catheter Days with Zero BSIs"
http://3g033q44pk4o4eo9td3bwjsx.wpengine.netdna-cdn.com/wp-content/uploads/20000-Catheter-Days.pdf
Here's their patent
http://www.businesswire.com/news/home/20100825005505/en/AdvanSource-Biomaterials-Announces-Patent-Antimicrobial-Polyurethane-Resins
Recent NORD News
- Form SC 13D/A - General Statement of Acquisition of Beneficial Ownership: [Amend] • Edgar (US Regulatory) • 08/23/2024 05:54:17 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/23/2024 05:54:12 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/19/2024 09:30:45 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/13/2024 09:09:07 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 06/05/2024 08:51:03 PM
- Form SC 13D - General statement of acquisition of beneficial ownership • Edgar (US Regulatory) • 06/05/2024 08:49:01 PM
- Form SC 13D - General statement of acquisition of beneficial ownership • Edgar (US Regulatory) • 06/05/2024 05:24:58 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/04/2024 08:52:27 PM
- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 06/04/2024 08:51:03 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/04/2024 06:11:42 PM
- Form PRE 14C - Other preliminary information statements • Edgar (US Regulatory) • 05/28/2024 08:56:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/16/2024 02:19:55 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 02/06/2024 07:02:29 PM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 12/06/2023 08:46:07 PM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 11/27/2023 10:16:50 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM