"We are excited to begin yet another transdermal, continuous monitoring program, this one in lactate biosensing," stated Patrick T. Mooney, M.D., CEO, President and Chairman of the Board of Echo Therapeutics. "Building upon the positive results that we have demonstrated with our initial indication of continuous glucose monitoring in critical care, continuous lactate monitoring is a logical extension of our research efforts. The initiation of this program demonstrates the robust platform our technology provides, extending well beyond the hospital and diabetes markets. The results of our ex-vivo testing strongly suggest that we can effectively monitor lactate thresholds using our transdermal biosensor technology. Leveraging our deep expertise in advanced skin permeation technology, we anticipate commencing additional programs over the coming year, building a significant pipeline of both transdermal biosensors and needle-free topical and systemic drug delivery products."
Dr. Mooney added, "Transdermal biosensors using our advanced skin permeation technology platform have the potential for significant and multiple applications. With these results and our knowledge of the critical care market, lactate biosensing is an obvious addition to Echo's product development program. We look forward to updating investors on all our programs, importantly on Symphony tCGM in the near future."
SOURCE Echo Therapeutics, Inc.