Astute Medical Announces Launch of NephroCheck™ Test

- New Biomarkers Improve Risk Assessment Of Acute Kidney Injury

LISBON, Portugal, Oct. 15, 2012 /PRNewswire/ -- Astute Medical, Inc. today announced it has completed CE mark certification for its first product, the NephroCheck™ Test, and is commencing sales. The NephroCheck™ Test utilizes two newly validated urinary biomarkers for risk assessment of acute kidney injury (AKI) in critically ill patients. The NephroCheck™ Test is not available for sale in the United States.

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AKI is a complex and increasingly prevalent condition associated with high mortality in critically ill patients. Although it occurs quickly (over the course of hours), there is commonly a challenge in risk assessment due to the inadequate tools currently available to physicians. Failure to recognize and manage AKI in the early stages can lead to devastating outcomes for patients and increased costs to the healthcare system.

"Acute kidney injury is common, with a prevalence similar to heart attack, and can impose significant cost in hospitals," said Chris Hibberd, Astute Medical chief executive officer. "Our research suggests that intensivists and nephrologists are eager for new tools that can be used in combination with existing guidelines to advance both the management of patients, and the possibilities of their recovery."

The NephroCheck™ Test provides risk assessment of critically ill patients who may develop acute kidney injury. By producing results in approximately 20 minutes, the test aids clinicians in managing critically ill patients at risk of or affected by AKI. The test is run using a human urine sample, and multiple levels of controls ensure reliable and accurate test results.

Both large and small hospital laboratories can easily implement the new risk assessment tool. The immunoassay test is performed using a small, single-use NephroCheck™ Test cartridge and a compact platform, the Astute140™ Meter. This easy-to-use platform converts the fluorescent signals for each specific novel biomarker into concentrations, combining them into a single numerical test result.

Astute Medical has completed CE Mark certification for the Astute140™ Meter. The Astute140™ Meter is not available for sale in the United States.

About Acute Kidney Injury
AKI affects up to seven percent of hospitalized patients. With more than 36 million annual admissions to U.S. hospitals,[i] well over 1 million patients are affected by AKI annually. AKI often occurs in critically ill patients and has many causes, such as sepsis, major surgery and nephrotoxic medications.

AKI most commonly develops without overt symptoms. Although AKI patients often have decreased urine output, it is not a universal finding in such patients, nor is it specific to AKI. When it is present, it may develop hours to days after the kidney injury takes place.

It is estimated that each year AKI is a factor in more than 1 million hospitalizations in the United States, resulting in an approximate $10 billion in excess costs to the healthcare system.[ii] Leading medical groups, such as the Kidney Disease Global Outcomes Foundation believe that better management of AKI is consistent with the goal of improving short-term and long-term patient outcomes.[iii]

About Astute Medical, Inc.
Astute Medical is dedicated to improving the diagnosis of high-risk medical conditions and diseases through the identification and validation of protein biomarkers that can serve as the [iv]basis for novel diagnostic tests. The Company's focus is community- and hospital-acquired acute conditions that require rapid diagnosis and risk assessment. Astute Medical's current areas of interest include abdominal pain, acute coronary syndromes, cerebrovascular injury, kidney injury and sepsis. For additional information, please visit www.astutemedical.com.

ASTUTE MEDICAL™, the Astute Medical logo, NephroCheck™, the NephroCheck™ logo and Astute140™ are trademarks of Astute Medical, Inc.

[i] National Hospital Discharge Survey 2009. Available at www.cdc.gov/nchs/nhds.htm

[ii] Waiker S, Winkelmayer WC. Chronic on Acute Renal Failure Long-term Implications of Severe Acute Kidney Injury. JAMA. 2009;302(11):1227-1229.

[iii] Kidney Disease: Improving Global Outcomes (KDIGO) Acute Kidney Injury Work Group. KDIGO Clinical Practice Guideline for Acute Kidney Injury. Kidney Inter. Suppl. 2012; 2:1-138.