BSD
Medical Corporation (NASDAQ:BSDM) develops,
manufactures, markets and services systems to
treat cancer and benign diseases using heat
therapy delivered using focused radio frequency (RF)
and microwave energy. BSD Medical is also making
major progress in the application of its technology
for other therapies.
Microwave and RF hyperthermia therapy has been shown
to substantially improve local control of cancer,
tumor response and survival rates when added
to radiation treatments. In phase III clinical
trials where hyperthermia was combined with
radiation therapy, hyperthermia improved 2-year
local control of melanoma from 28% to 46%, complete
response for recurrent breast cancer from 38%
to 60%, 2-year survival for glioblastoma (brain
cancer) from 15% to 31% and complete response
for advanced cervical cancer from 57% to 83%,
as compared to the use of radiation therapy
alone.
BSD Medical Corporation was the first company
to obtain PreMarket Approval (PMA) from the
Food and Drug Administration (FDA) for a hyperthermia
cancer therapy system and the first company
to obtain Investigational Device Exemption (IDE)
approval from the FDA for thermotherapy systems
for the treatment of Benign Prostatic Hyperplasia
(BPH). BSD has sold and manufactured over 200
hyperthermia systems installed throughout the
world. Since its founding, BSD Medical has invested
over $20 million in development of technology
for hyperthermia treatment, and substantially
greater funding has been provided for the clinical
trials by the U.S. National Institutes of Health
(NIH) and European governments.
BSD is also the developer of the microwave
thermal therapy systems used by TherMatrx, Inc.,
a company dedicated to the treatment of symptoms
associated with enlarged prostate, a health
condition affecting half of men over age 50.
BSD Medical is currently engaged in an earn-out
that is projected to provide a cash return of
approximately $30-40 million for the sales of
its shares in TherMatrx, Inc.
BSD Medical has numerous domestic and foreign patents and patent licenses covering it's current
applications and products. New technologies
are also under development that may qualify
for patent protection.
Four additional BSD patents that apply to
the treatment of enlarged prostate (BPH), a
urological disease, have been assigned to TherMatrx,
Inc. BSD Medical’s prior licensee, Urologix,
Inc. (NAS :ULGX), which has marketed under license
to these patents, subsequently became a licensee
to TherMatrx.
Over 1,000 researchers, consisting substantially
of physicians and physicists, are members of
world organizations dedicated exclusively to
research in hyperthermic oncology. Three hyperthermia
research organizations service North America,
Europe and Asia.
In the opening address of the 2001 annual
conference of the North American Hyperthermic
Society (sponsored by the Radiological Society
of North America), P. K. Sneed, M. D. (Univ.
of California San Francisco) offered the following
summary of completed Phase III randomized clinical
trials involving combination ionizing radiation
(RT) plus hyperthermia therapy (HT) vs. ionizing
radiation treatments alone: “for melanoma
(2-year local control 28% for RT vs. 46% for
RT + HT), recurrent breast cancer (complete
response rate 38% for RT vs. 60% for RT + HT),
glioblastoma (2-year survival 15% for RT vs.
31% for RT + HT), and advanced cervical cancer
(complete response rate 57% for RT vs. 83% for
RT + HT).”
BSD Medical Corporation has developed the
technology required to approach hyperthermia
therapy through three techniques: superficial,
interstitial and deep hyperthermia. These methods
allow cancer to be treated virtually anywhere
in the body.
Superficial hyperthermia systems are used
to non-invasively treat tumors within a few
centimeters of the surface of the body, typical
in conditions of melanoma and recurrent breast
cancer. Interstitial hyperthermia is primarily
used to treat tumors in combination with popular
interstitial and endocavitary ionizing radiation
therapy (brachytherapy), using tiny microwave
antennae inserted through the same catheters
required to deliver radioactive seeds. This
technique can be employed in treating prostate
cancer, breast cancer, head and neck cancer
and a variety of other cancer sites. Deep hyperthermia
is used to non-invasively treat tumors deep
within the body, including many problematic
cancer sites located in the pelvis, abdomen
and chest areas.
Development of the BSD-2000 Regional Hyperthermia System has been a substantial
effort involving the cooperative work of such
American research institutions as Duke University,
Northwestern University, University of Southern
California, Stanford University, University
of Utah and University of Washington St. Louis.
Contributing
European research institutions included Daniel
den Hoed Cancer Center of the Academisch Ziekenhuis
(Rotterdam, Netherlands), Haukeland University
Hospital (Bergen, Norway), Düsseldorf University
Medical School, Tübingen University Medical
School, Essen University Hospital, Charité
Medical School of Humboldt University (Berlin),
Luebeck University Medical School, Munich University
Medical School Grosshadern, Interne Klinik Argirov
of the Munich Comprehensive Cancer Center (all
of Germany), University of Verona Medical Center
(Italy), Graz University Medical School (Austria)
and Kantonsspital Aarau (Switzerland).
Through research funded by the National Cancer
Institute and supportive efforts by other research
institutions, BSD Medical has been able to further
enhance the BSD-2000. The BSD-2000/3D adds three-dimensional
steering of deep focused energy, delivering
even more precise heating to the tumor. As part
of the international collaborative research
efforts, sophisticated treatment planning software
for the BSD-2000/3D has also been developed.
Both the BSD-2000 and BSD-2000/3D administer
non-invasive treatment to deep tumors. As a
further objective, MRI treatment monitoring
has also been added. The BSD-2000/3D/MR provides
magnetic resonance imaging (MRI) as an interface
with the BSD-2000/3D. The development of MRI
treatment monitoring has been a long-awaited
breakthrough in hyperthermic oncology. Among
many benefits, MRI treatment monitoring opens
the way for the application of MRI monitored
hyperthermia for better treatment of new cancer
sites, using non-invasive imaging (including
temperature monitoring) of tumors during therapy.
|