Taglich Brothers Initiates Coverage on PLC Systems Inc.

Taglich Brothers Initiates Coverage on PLC Systems Inc.

ID: 111318

(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 02/06/12 -- . announces it initiated coverage of .

. (OTCBB: PLCSF), a medical technology company headquartered in Milford, MA, has developed RenalGuard, a forced diuresis system for hydrating high-risk (with pre-existing renal failure) patients who are subjected to contrast-enhanced medical imaging procedures. Such patients are at risk for contrast-induced nephropathy (CIN), kidney damage stemming from exposure to intravenously administered contrast media. As standard hydration protocols do not adequately protect high-risk patients from CIN, RenalGuard potentially addresses an unmet need in millions of patients.

RenalGuard is an automated closed-loop fluid replacement controller. It promotes a high volume of urine output (diuresis) which it precisely monitors and measures. It intravenously replaces the exact amount of fluid that has been excreted, maintaining the proper fluid balance within the kidneys. By continuous fluid replacement and the use of a diuretic (which increase the formation of urine), RenalGuard aims to produce high urine flow rates, rapidly "flushing" potentially toxic contrast agents and minimizing damage to the kidneys.

RenalGuard is CE marked and is already on the market in Europe. A US Phase II/III clinical trial started in January 2012, setting the stage for US release after FDA approval.

The complete 19-page report is available at .

We do not undertake to advise you as to changes in figures or our views. This is not a solicitation of any order to buy or sell. Taglich Brothers, Inc. is fully disclosed with its clearing firm, Pershing, LLC, is not a market maker and does not sell to or buy from customers on a principal basis. The above statement is the opinion of Taglich Brothers, Inc. and is not a guarantee that the target price for the stock will be met or that predicted business results for the company will occur. There may be instances when fundamental, technical and quantitative opinions contained in this report are not in concert. We, our affiliates, any officer, director or stockholder or any member of their families may from time to time purchase or sell any of the above-mentioned or related securities. Analysts and members of the Research Department are prohibited from buying or selling securities issued by the companies that Taglich Brothers, Inc. has a research relationship with, except if ownership of such securities was prior to the start of such relationship, then an Analyst or member of the Research Department may sell such securities after obtaining expressed written permission from Compliance. As of the date of this report no Taglich Brothers, Inc. employees had a position in the stock of the company mentioned in this report.





All research issued by Taglich Brothers, Inc. is based on public information. The company has agreed to pay Taglich Brothers, Inc. a monetary fee of US$1,500 per month for the creation and dissemination of research reports for a minimum of six months after the publication of the initial research report. In October 2011 the company paid an initial monetary engagement fee of US$4,500 to Taglich Brothers, Inc. representing payment for the first three months of such services.

For further information and Taglich Brothers, Inc. ownership data please refer to each individual report.



Contact:
Richard Oh
Taglich Brothers, Inc.
631-757-1500

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Bereitgestellt von Benutzer: MARKETWIRE
Datum: 06.02.2012 - 14:30 Uhr
Sprache: Deutsch
News-ID 111318
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Kategorie:

Venture Capital



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RenalGuard Therapy Being Used in Hospital Initiated Study ...

MILFORD, MA -- (Marketwired) -- 09/11/13 -- PLC Systems Inc. (OTCQB: PLCSF), a company focused on innovative medical device technologies, today announced that the first patient has been treated in a trial that has been initiated at Tel Aviv Sourasky ...

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