Thrombolex, Inc.

Announces First Patient Enrolled in Early Feasibility & Safety

Study Using the Bashir™ Endovascular Catheter for Pulmonary Embolism

Philadelphia, PA, July 29, 2019 --(PR.com)-- Thrombolex, Inc. today announced the enrollment of the
first patient in their Early Feasibility and Safety Study, investigating the Bashir™ Endovascular Catheter
for the treatment of submassive pulmonary embolism (PE). The device was designed to quickly and
safely dissolve thrombus and restore blood flow in patients with thrombotic vascular occlusions. The
Bashir™ Endovascular Catheter includes an expandable infusion basket comprised of six mini-infusion
catheters with 48 precision, laser-drilled infusion holes. When expanded, it can promptly restore blood
flow to enable endogenous lytics in the blood to help accelerate clot lysis. In this investigational study the
device is used to administer thrombolytics through multiple cross-sections of the culprit clot to enhance
clot dissolution.

"We are pleased to have been the first site to enroll a patient in the Thrombolex Early Feasibility and
Safety Study," said Parth Rali, MD, Assistant Professor, Thoracic Medicine and Surgery at Lewis Katz
School of Medicine at Temple University. "The Bashir™ Endovascular Catheter removed a large volume
of clot from the pulmonary arteries efficiently, and safely restored blood flow, that resulted in a very
rapid improvement in the patient's overall clinical status.”

In this patient with a critical, large submassive PE that severely compromised blood flow to both lungs, a
total of 14 mg of r-tPA was administered over 8 hours. "There was a dramatic improvement in the
patient's hemodynamic state and oxygenation as well as evidence of a marked reduction in clot burden as
compared to what has been seen in other catheter-directed thrombolysis studies using a similar dose of
r-tPA," said Riyaz Bashir, MD, FACC, Director of Vascular and Endovascular Medicine at Temple
University Hospital. “We believe that the Bashir™ Endovascular Catheter may represent a quantum leap
in the treatment of VTE patients, not just acutely, but also in terms of their longer-term health status,”
said Brian Firth, MD, PhD, FACC, Chief Scientific Officer at Thrombolex.

“Thrombolex is focused on developing more advanced therapies for treatment of patients suffering with
venous thromboembolic (VTE) disorders,” said Mike Cerminaro, President & COO of Thrombolex. “We
are passionate about our focus because PE is a common disease, which is the third highest cause of
cardiovascular mortality and is responsible for up to 180,000 deaths annually in the United States alone.”

“Currently available infusion catheters used to treat PE and other large clots are not able to rapidly restore
blood flow through the thrombus and allow for only limited radial diffusion of exogenously administered
thrombolytics like r-tPA into a clot,” said Marv Woodall, Chairman & CEO of Thrombolex. The
Thrombolex investigational trial is designed to examine if lower doses of thrombolytic via the Bashir™
Endovascular Catheter can be administered much more effectively over less time and thereby minimize
major bleeding complications. This investigational study is a 10-patient prospective, multicenter clinical
study to evaluate feasibility and safety of the Bashir™ Endovascular Catheter to treat patients with
intermediate-risk PE. It represents the first in a series of planned clinical trials to evaluate this new
platform technology that has been developed by Thrombolex.

Page 1/3
PR.com Press Release Distribution Terms of Use
About the Bashir™ Endovascular Catheter

The Bashir™ Endovascular Catheter is specifically designed to be used in the treatment of large clots in
the vasculature. To date, 510(k) clearance has been received from the FDA for localized infusion of
physician-specified fluids, including thrombolytics, into the peripheral vasculature. The Bashir™
Endovascular Catheter is currently contraindicated in the pulmonary and coronary arteries and
neurovasculature. The purpose of this current investigational study is to seek additional clearance for the
treatment of pulmonary embolism.

About Thrombolex, Inc.

Thrombolex, Inc., headquartered in New Britain, PA, is a privately held medical device company
dedicated to the development of innovative catheter-based technologies for the treatment of VTE
disorders. The Company designs, develops, manufactures and markets innovative products and has a
unique platform technology that addresses challenging medical conditions and significant clinical needs
for the treatment of VTE disorders. Thrombolex sells its medical devices to hospitals through its direct
sales organization in the United States. The Company was co-founded in 2016 by Marvin Woodall,
Michael Cerminaro, Dr. Riyaz Bashir and Nicholas Green. Temple University holds a financial interest in
Thrombolex, Inc., pursuant to a worldwide license agreement executed with Thrombolex for the
University's interest in a joint US Patent number 10,123,814, filed for the Bashir™ Endovascular
Catheter, developed by Dr. Riyaz Bashir and Nicholas Green.

For more information about Thrombolex, please visit www.thrombolex.com. More information on the
Thrombolex Early Feasibility and Safety Study may be found at www.clinicaltrials.gov under NCT#
03927508.

Contact

Dr. Brian Firth, Chief Scientific Officer - Thrombolex, Inc.

brian@thrombolex.com

Page 2/3
PR.com Press Release Distribution Terms of Use
Contact Information:
Thrombolex, Inc.
Dr. Brian G. Firth
(215) 499-8184
Contact via Email
www.Thrombolex.com

Online Version of Press Release:

You can read the online version of this press release at: https://www.pr.com/press-release/790854

News Image:

Page 3/3
PR.com Press Release Distribution Terms of Use