For Release Tuesday, December 21, 2010; 9:00 AM ET
COST-EFFECTIVENESS OF CYBERONICS’ VNS THERAPY®SYSTEM FOR EPILEPSY REINFORCED BY
1,600-PATIENT EMORY UNIVERSITY SCHOOL OF MEDICINE STUDY
HOUSTON, Texas, December 21, 2010 -- Cyberonics, Inc. (NASDAQ:CYBX) announced today that the VNS Therapy System, the only FDA-approved implantable medical device for the treatment of refractory epilepsy, was featured in 22 poster presentations and in the Plenary II session on neurostimulation at the annual American Epilepsy Society Meeting that took place recently in San Antonio, Texas.
Of particular significance at the meeting, Sandra Helmers, M.D., Associate
Professor of Neurology at the Emory School of Medicine, presented the results
of a study entitled, “Characteristics and Clinical and Economic Outcomes in
MEDICAID Patients Receiving Vagus Nerve Stimulation Therapy for the Treatment
of Refractory Epilepsy.” Dr. Helmers and colleagues at Emory University
School of Medicine and The Analysis Group, an economic consultant, analyzed
data from five Medicaid state claims databases, including Florida, Iowa,
Kansas, Missouri, and New Jersey, to evaluate trends over time in
epilepsy-related health problems, healthcare utilization and healthcare costs.
The studyresults confirmed that the use of vagus nerve stimulation (VNS) therapy in
patients with refractory epilepsy is associated with:
- Lower occurrence of epilepsy-related co-morbidities. Patients experienced fewer injuries and other health issues after being implanted with the VNS Therapy System, compared to the period before implantation.
- Lower healthcare utilization. All-cause hospitalizations and emergency room visits significantly decreased over time after implantation with the VNS Therapy System, compared to the six months prior to implantation.
- Significant long-term cost savings. With a reduction in healthcare utilization and co-morbidities as a result of VNS therapy, there are significant net total healthcare cost savings beginning 18 months after implantation.
These results confirm numerous prior studies demonstrating significant reductions in
both emergency room visits and inpatient admissions. “This study again
shows the long-term clinical benefits of VNS. Additionally, it addresses
an increasingly relevant aspect of treatment options – cost effectiveness
over the long term,” noted Dr. Helmers.
“This Emory University study reaffirms the safety, efficacy, cost effectiveness, and
quality-of-life benefits of the VNS Therapy System,” said Dan Moore, President
and Chief Executive Officer of Cyberonics. “Worldwide, more than 60,000
patients with epilepsy have received VNS therapy, and these patients are
consistently opting to continue treatment, which is evidenced by an initial
re-implant rate that exceeds 70 percent. These study findings further
establish VNS therapy as a beneficial option for patients with medically
refractory epilepsy who are not candidates for resective surgery, or who have
failed resective surgery.”
About Cyberonics, Inc. and the VNS Therapy®System
Cyberonics, Inc. (NASDAQ:CYBX) is a medical technology company with core expertise in
neuromodulation. The company developed and markets the VNS Therapy
System, which is FDA-approved for the treatment of refractory epilepsy and
treatment-resistant depression. The VNS Therapy System uses a surgically
implanted medical device that delivers electrical pulsed signals to the vagus
nerve. Cyberonics markets the VNS Therapy System in selected markets
Additional information on Cyberonics and VNS therapy is available at www.cyberonics.com.
Greg Browne, CFO
100 Cyberonics Blvd.
Houston, TX 77058
Main: (281) 228-7262
Fax: (281) 218-9332