SOURCE: PLC Systems Inc.

PLC Systems Inc.

February 06, 2012 09:30 ET

Taglich Brothers Initiates Coverage on PLC Systems Inc.

NEW YORK, NY--(Marketwire - Feb 6, 2012) - Taglich Brothers, Inc. announces it initiated coverage of PLC Systems Inc.

PLC Systems Inc. (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 www.taglichbrothers.com.

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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.

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Contact Information

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