|[March 27, 2014]
Guided Therapeutics Submits Request for Face to Face Meeting with FDA; Receives Notification on PMA Extension for LuViva® Advanced Cervical Scan
NORCROSS, Ga. --(Business Wire)--
Guided Therapeutics, Inc. (OTCBB: GTHP) (OTCQB: GTHP) today announced
that the company has submitted a letter requesting a face-to-face
meeting with the U.S. Food and Drug Administration (FDA) in the next 60
to 90 days. This letter is in response to the September 6, 2013 letter
that the company received from the FDA. Additionally, the FDA has
granted the company its requested 180 day extension on the PMA filing to
allow time for the meeting to occur.
"While we have drafted our responses to questions in the not approvable
letter received in September, we feel it is in our best interest to meet
with FDA before submission of the official response," said Gene
Cartwright, Chief Executive Officer of Guided Therapeutics. "These
face-to-face meetings are an important part of advancing the approval
process. The extension we received on March 18 will enable both the
company and FDA to prepare adequately in order to make the most of the
"While focusing on growing sales for our product in places like Canada,
Turkey, Europe and Africa, we remain confident in the potential of
LuViva in the U.S. market and remain committed to pursuing FDA
approval," Mr. Cartwright said.
The company has regulatory approval to sell LuViva in Europe with the
Edition 3 CE mark, has marketing approvals from Health Canada and
Singapore Health Sciences Authority and has filed for approval in
Mexico. Additionally, expansion efforts are ongoing in the Middle East,
Asia, Africa and Latin America.
About LuViva® Advanced Cervical Scan
LuViva is a technologically advanced diagnostic device that scans the
cervix with light and uses spectroscopy to meaure how light interacts
with the cervical tissue. Spectroscopy identifies chemical and
structural indicators of precancer that may be below the surface of the
cervix or misdiagnosed as benign. This technique is called biophotonics.
Unlike Pap, HPV tests or biopsies, LuViva does not require laboratory
analysis or a tissue sample, and is designed to provide results
immediately, which eliminates costly, painful and unnecessary testing.
LuViva is designed for use with women who have undergone initial
screening and are called back for follow up with a colposcopy
examination, which in many cases, involves taking a biopsy of the
cervix. The device is used in conjunction with the LuViva®
Cervical Guide single-use patient interface and calibration disposable.
About Guided Therapeutics
Guided Therapeutics, Inc. (OTCBB: GTHP) (OTCQB: GTHP) is the maker of a
rapid and painless testing platform based on its patented biophotonic
technology that utilizes light for the early detection of disease at the
cellular level. The Company's first product is the LuViva®
Advanced Cervical Scan, a non-invasive device used to detect cervical
disease instantly and at the point of care. In a multi-center clinical
trial, with women at risk for cervical disease, the technology was able
to detect cervical cancer up to two years earlier than conventional
modalities, according to published reports. Guided Therapeutics is also
developing a non-invasive test for the early detection of esophageal
cancer using the technology platform. For more information, visit: www.guidedinc.com.
The Guided Therapeutics LuViva® Advanced
Cervical Scan is an investigational device and is limited by federal law
to investigational use. LuViva, the wave logo and "Early detection,
better outcomes" are registered trademarks owned by Guided Therapeutics,
Forward-Looking Statements Disclaimer: A number of the matters and
subject areas discussed in this news release that are not historical or
current facts deal with potential future circumstances and developments.
The discussion of such matters and subject areas is qualified by the
inherent risks and uncertainties surrounding future expectations
generally and also may materially differ from Guided Therapeutics'
actual future experience involving any of or more of such matters and
subject areas. Such risks and uncertainties include those related to the
early stage of products in development, the uncertainty of market
acceptance of products, the uncertainty of development or effectiveness
of distribution channels, the intense competition in the medical device
industry, the uncertainty of capital to develop products, the
uncertainty of regulatory approval of products, dependence on licensed
intellectual property, as well as those that are more fully described
from time to time under the heading "Risk Factors" in Guided
Therapeutics' reports filed with the SEC (News - Alert), including Guided Therapeutics'
Annual Report on Form 10-K for the fiscal year ended December 31, 2013,
and subsequent quarterly reports.
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