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480 Biomedical Awarded $1 Million Phase II NHLBI Contract to Advance Bioresorbable Scaffold for Pediatric Pulmonary Artery Stenosis

Proprietary bioresorbable scaffold technology addresses a critical challenge in treating pediatric cardiovascular conditions

Watertown, Mass., July 9, 2014 - 480 Biomedical, Inc. today announced that it has been awarded Phase II funding from the National Heart, Lung, and Blood Institute (NHLBI) to continue the development of a bioresorbable, self-expanding scaffold to treat pediatric pulmonary artery stenosis (PAS). The product aims to address the serious challenges in treating cardiovascular stenosis in children with growing blood vessels. The scaffold’s unique design has the strength of a balloon-expandable metal stent to keep vessels open for an extended period before safely resorbing. The scaffold can also be delivered through a small catheter, which is essential for treating a pediatric population. This latest $1M round of funding will be used to further refine the design of the product and conduct preclinical testing.

Metal stents, which are currently used in these procedures, are not well suited for pediatric patients since they become restrictive as the patient grows. Pediatric patients that are treated with metal stents often require re-intervention or surgical removal of the stent to address arterial obstruction and to reestablish blood flow.

“There has not been a significant advance in this area in decades,” said Robert J. Lederman, MD, Senior Investigator and Chief of Cardiovascular Intervention, Division of Intramural Research, NHLBI. “480 Biomedical is the right team to develop a product that will help solve the critical challenge facing pediatric cardiologists in treating pulmonary artery stenosis. We are excited about the progress made to date and the overall important effort underway to improve care for the smallest, most vulnerable cardiology patients, who deserve our attention.”

480 Biomedical has successfully developed a prototype of the pediatric scaffold that demonstrates acute strength similar to a metal stent, tissue absorption over the course of approximately one year, and minimally invasive delivery of the scaffold through a small flexible catheter. Under the provisions of the NHLBI contract, 480 Biomedical is responsible for the overall development of the pediatric scaffold, and the NHLBI will undertake clinical study of the product.

“Tackling this complex problem successfully will have an important impact on the clinical approach to treating PAS, and potentially other pediatric cardiac and pulmonary conditions,” said Maria Palasis, PhD, Executive Vice President and Chief Technology Officer, 480 Biomedical. “Our team is applying extensive knowledge and expertise from the development of our Stanza™ scaffold technology for peripheral vascular disease to transform care and improve outcomes for these young patients.”

About Pediatric PAS

Pediatric cardiology conditions, such as PAS, aortic coarctation, and pulmonary vein stenosis, impact approximately 4,000 children each year in the United States and, without treatment, can lead to serious complications, as well as a high mortality rate. 1,2,3

Of these conditions, PAS – a congenital defect causing narrowing of the branches of the pulmonary artery – is the most common, affecting approximately 2,500 infants and children annually. 1,4,5 PAS causes an overall reduction and disproportionate distribution of pulmonary blood flow to the lungs, leading to poor oxygenation and impaired development of the pulmonary vessels. Current treatment options for PAS, including surgery, minimally invasive transcatheter procedures, and permanent metal stent implants, pose serious challenges and risks within a pediatric patient population.

About Stanza™ Scaffold Technology

The Stanza scaffold technology combines biocompatible materials with innovative engineering for optimal balance of radial force, flexibility, and bioresorbability. This proprietary scaffold is also ideal for controlled delivery of drug for several months.

The Stanza scaffold technology supports the lumen while healing occurs, resorbing in about a year. The strength of the scaffold, followed by its resorption, provides the benefits of scaffolding while avoiding the potential downsides of a permanent implant, including irritation, fracture, and difficulty of retreatment.

About 480 Biomedical

480 Biomedical is using the most sophisticated tools of advanced materials science to create innovative products to treat serious vascular disease and injury.

About the National Institutes of Health, the National Heart, Lung, and Blood Institute (NHLBI)

Part of the National Institutes of Health, the NHLBI plans, conducts, and supports research related to the causes, prevention, diagnosis, and treatment of heart, blood vessel, lung, and blood diseases; and sleep disorders. The Institute also administers national health education campaigns on women and heart disease, healthy weight for children, and other topics. NHLBI press releases and other materials are available online at http://www.nhlbi.nih.gov.

About the National Institutes of Health (NIH)

NIH, the nation's medical research agency, includes 27 Institutes and Centers and is a component of the U.S. Department of Health and Human Services. NIH is the primary federal agency conducting and supporting basic, clinical, and translational medical research, and is investigating the causes, treatments, and cures for both common and rare diseases. For more information about NIH and its programs, visit www.nih.gov.

References:

1. Centers for Disease Control and Prevention. Births and Natality, 2012. Accessed July 8, 2014.
2. Pediatric Heart Specialists. Coarctation of the Aorta, 2011. Accessed July 8, 2014
3. Agarwala, B. N., Bacha, E., Ling Cao, Q, & Hijazi, Z. M. Clinical manifestations and diagnosis of coarctation of the aorta, 2014. Accessed July 8, 2014
4. Congenital and Children’s Heart Centre. Pulmonary Stenosis. Accessed July 8, 2014.
5. Jones, J. , Weerakkody, Y., et. al. Radiopaedia.org. Congenital pulmonary stenosis, 2014. Accessed July 8, 2014.