The principal current therapies for prostate
cancer carry side effects that can very seriously affect a patient's
quality of life.
One
of the current therapies is radical prostatectomy, which involves
the ablation of the entire prostate gland. Radical prostatectomy
requires several days of hospital stay and several weeks of
recovery, usually with catheterization, and may result in partial
and/or total urinary incontinence.
In addition, it almost invariably renders
patients impotent. A new surgical technique, nerve-sparing prostatectomy,
has been developed to address that problem. However, the procedure
can only be applied when the tumor is not located close to the surface
of the prostate and requires a very skilled surgeon.
Other therapies for localized prostate cancer
include brachytherapy, a therapy that involves the implantation
of radioisotopes into the prostate gland, external beam radiotherapy
and cryotherapy.
The Company's HIFU devices compete with all
current treatments for localized tumors, which include surgery,
brachytherapy, radiotherapy, cryotherapy and hormonotherapy.
The Company believes that HIFU competes against those treatments
on the basis of efficacy, limited side effects and cost- effectiveness.
Other companies are working with HIFU for the minimally-invasive
treatment of tumors including General Electric, Toshiba and Focus
Surgery. Certain existing and potential competitors of the Company
in HIFU may have substantially greater financial, research and development,
sales and marketing and personnel resources than the Company and
may have more experience in developing, manufacturing, marketing
and supporting new products.
The Company believes that an important factor in the potential market
for HIFU treatments will be the ability to make the substantial
investments in research and development that will be required to
bring the technology to market.
More information about the Company's HIFU division, click
here