Revolutions Medical Makes Major Breakthrough on
Automatic Retractable Prefilled Safety Syringe Technology
January 31, 2011 07:00 ET | Source: Revolutions Medical Corporation
CHARLESTON, S.C., Jan. 31, 2011 (GLOBE NEWSWIRE) — Revolutions Medical Corporation (“Revolutions Medical” or the “Company”) (OTCBB:RMCP) announces a major breakthrough in automatic retractable prefilled safety syringe technology. Building on the Company’s proprietary vacuum based technology, important improvements in performance have been made that will set a new gold standard for safety in automatic prefilled syringes. The enhanced technology will provide for a level of passive protection from needle stick injury that is unmatched in the industry. Because of the small number of parts, longer shelf life, and elegance of the vacuum design, the price point will be far below that of any competitive prefilled safety syringe technology currently on the market.
“Our new prefilled auto retractable vacuum safety syringe designs will allow us to compete in another part of the market that has tremendous growth. We will be filing additional patents shortly to protect and expand our new prefilled syringe technologies. There is potential to form strategic partnerships with one or more pharmaceutical companies to provide a better prefilled syringe to deliver their products than currently exists,” states Ron Wheet, CEO of Revolutions Medical.
Almost 50 injectable drug products are currently supplied in prefilled syringes. Combined, these drugs achieved annual sales of approximately $45 billion in 2007. Prefilled syringes offer significant financial and industrial benefits to pharmaceutical companies in areas such as reduced dose wastage and improved drug marketability to healthcare workers, and patients who self-administer prescribed medication at home. Due to such growth drivers, we expect that more than 3 billion prefilled syringes will be manufactured globally in 2011.
2010 Medical Design Excellence Award
CHARLESTON, S.C., Aug. 30, 2010 (GLOBE NEWSWIRE) — Revolutions Medical Corporation (“Revolutions Medical” or the “Company”) (OTCBB:RMCP) has notified the MDEA (www.MDEAwards.com) that there had been an error in awarding the Free Vac syringe the 2010 Medical Design Excellence Award when in fact Free Vac misrepresented ownership of the syringe. The syringe was actually Revolutions Medical Corporation’s RevVac auto retractable safety syringe. This was recently confirmed in a deposition. Ron Wheet, CEO of Revolutions Medical Corporation, states, “The Medical Design Excellence Awards competition, organized and presented by Canon Communications LLC, is the only awards program that exclusively recognizes contributions and advances in the design of medical products. Now in their fourteenth year, the MDEA competition recognizes manufacturers, engineers, scientists designers, and clinicians who are responsible for the leading edge technology that continues to push healthcare to new heights. I am confident that this prestigious organization that prides itself in recognizing the achievements of the workers and companies like ours, will give Revolutions Medical Corporation and the RevVac vacuum operated auto retractable safety syringe the proper recognition that it deserves.”
RevVac is Revolutions Medical Corporation’s patented and FDA cleared safety syringe that incorporates its proprietary vacuum-operated automatic retractable technology. Designed with healthcare providers in mind, the RevVac utilizes vacuum force to instantly retract the used needle into the barrel of the syringe after an injection is administered. This syringe is intended to replace conventional syringes currently on the market and to reduce the possibility of needle stick injuries. Accidental needle stick injuries endanger the lives of patients and medical professionals who may contract blood borne diseases such as HIV/AIDS, Hepatitis B and C. The features of the RevVac syringe simplify use and enhance the safety of the current injection process used by all healthcare providers worldwide.
Revolutions Medical intends to present the new design of the RevVac safety syringe, whereby we have reduced the parts from 12 to 8, revolutionized the look and style, and improved performance in the 2011 MDEA competition.