|
| ||||||||||||||
Amex Review Issues Report on Xcorporeal, Inc. ATLANTA, April 2, 2008 (PRIME NEWSWIRE) -- Amex Review announces
that it has initiated coverage of Xcorporeal, Inc. (AMEX:XCR - News).
Xcorporeal, Inc., headquartered in Los Angeles, CA, is a
medical device company developing an innovative extra-corporeal
platform technology that may be used in devices to replace
the function of various human organs. The platform will
lead to three initial products: a device for home hemodialysis;
another device for hospital Renal Replacement Therapy (RRT);
and the Wearable Artificial Kidney (WAK) for continuous
ambulatory hemodialysis. These devices could dramatically
improve the quality of life led by dialysis patients. The
RRT markets represent multi-billion dollar opportunities. For the RRT market, Xcorporeal is developing a portable, multifunctional renal replacement device that will offer cost-effective therapy for those patients suffering from Acute Renal Failure (ARF) which causes a rapid decline in kidney function. In the U.S., the disease affects more than 200,000 patients annually, with a mortality rate of 50%. The Xcorporeal platform technology is a natural fit for the hospital market of renal replacement therapy since the technology is designed to provide cost-effective, continuous therapy. The projected 2008 market opportunity for the U.S. is approximately $1.1 billion. The disposable market is expected to grow at 10% per year. The devices typically need to be replaced every five years. Xcorporeal intends to commercialize this device during the first half of 2009. Xcorporeal plans to commercialize a home hemodialysis machine and the WAK for the End Stage Renal Disease market, which is comprised of patients whose kidneys have ceased to function. Xcorporeal's devices will combine the best attributes of currently marketed home hemodialysis machines to create hemodialysis devices which offer patients convenient, durable and truly portable devices for home use. The complete report is available at http://www.amexreview.com/Files/XCR/XCR_Review.pdf Additionally, more information on Xcorporeal is available at http://www.xcorporeal.com NOTE: Amex Review is not a Registered Investment Advisor or a Broker/Dealer. The information in this newsletter is not an offer to buy or sell securities of the companies profiled. Information is for informative purposes, not intended as investment advice, and is subject to change without notice. Amex Review expects to receive twenty thousand shares of Xcorporeal restricted for one year under Rule-144 as compensation for investor relations services and employees of Amex Review may hold a long or short equity position of a profiled company and may from time to time trade in these securities for their own accounts. Information on each company is from public releases and can not be guaranteed by Amex Review. Companies profiled herein may carry a high investment risk; readers should carefully review profiled companies thoroughly with their investment advisor, stockbroker, or other professional. Amex Review is not liable for any investment decisions by its readers or their advisors. Any analysis contained herein is not a complete analysis of the profiled Companies. Reader's are encouraged to obtain copies of the profiled Company's periodic reports filed with United States Securities and Exchange Commission which are generally available at http://www.sec.gov. Contact: Amex Review
David Kugelman
(866) 692-6847
dk@otcstockreview.com
Source: OTCStockReview.com; Xcorporeal, Inc.
| ||||||||||||||