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Merit Medical Receives FDA Breakthrough Device Designation for the New SCOUT MD™ Surgical Guidance System

Key Takeaway: Merit Medical Systems, Inc. has received FDA Breakthrough Device Designation for its SCOUT MD Surgical Guidance System, which aims to enhance precision in oncology care for breast and soft tissue cancers. The SCOUT MD system allows surgeons to pinpoint tumor locations more effectively using up to four reflector configurations, potentially reducing the need for repeat surgeries. This designation enables quicker access to the technology, highlighting its significance in improving patient outcomes in cancer treatment. Merit Medical's commitment to innovation in cancer care is underscored by this advancement.

Market Sentiment Analysis

POSITIVE FACTORS

  • FDA Breakthrough Device Designation enhances SCOUT MD's development pathway.
  • SCOUT MD could improve patient outcomes by reducing repeat surgeries.
  • Innovation supports precision in oncology treatments for breast and soft tissue cancer.

Full Press Release Details

SOUTH JORDAN, Utah, Feb. 16, 2023 (GLOBE NEWSWIRE) -- Merit Medical Systems, Inc. (NASDAQ: MMSI), a leading global manufacturer and marketer of healthcare technology, announced today the FDA has granted Breakthrough Device Designation for the SCOUT MD Surgical Guidance System.
The SCOUT MD is the latest step in Merit’s ongoing commitment and leadership in advancing oncology care. SCOUT MD expands Merit’s portfolio of products to optimize oncology for breast and other soft tissue cancers, which includes the SCOUT® Radar Localization system with new SCOUT® Mini Reflector and SCOUT Bx™ Delivery System, and the SAVI® Brachy System.
A first of its kind, the SCOUT MD localization system supports implantation of up to four unique reflector configurations. When implanted within abnormal breast or other soft tissue, the reflectors enable surgeons to pinpoint tumor location in multiple dimensions for more precise excision, minimizing trauma to healthy tissue and helping to reduce the likelihood of re-excision and the emotional and physical pain associated with a second surgery.
Breast cancer is the most common cancer worldwide, representing 12.5% of all new annual cancer cases.1 Lumpectomy (a type of breast conserving surgery) is often performed as treatment. However, an estimated 20% to 30% of women who undergo lumpectomy will need a repeat surgery.2 Localization procedures help surgeons precisely target breast cancer, which may result in more successful surgeries and improved patient outcomes.
“This designation recognizes the significant contribution we believe SCOUT MD can make in oncology treatment,” said Fred P. Lampropoulos, Merit Medical’s Chairman and CEO. “A diagnosis of cancer is devastating to patients and their loved ones. Merit is committed to delivering new technologies to improve outcomes and enhance the patient experience in cancer care. SCOUT MD is designed to help increase the precision with which surgeons can operate, supporting tissue-conserving treatment and reduced reintervention. We look forward to working with the FDA to make this important technology available to patients.”
FDA Breakthrough Device Designation is intended to help patients receive timely access to technologies that have the potential to provide more effective treatment or diagnosis for life-threatening or irreversibly debilitating diseases or conditions. Under the program, the FDA provides priority review and interactive communication regarding device development and clinical trial protocols, through to commercialization decisions.
Founded in 1987, Merit Medical Systems, Inc. is engaged in the development, manufacture, and distribution of proprietary disposable medical devices used in interventional, diagnostic, and therapeutic procedures, particularly in cardiology, radiology, oncology, critical care, and endoscopy. Merit serves client hospitals worldwide with a domestic and international sales force and clinical support team totaling more than 600 individuals. Merit employs approximately 6,800 people worldwide.
Unless noted otherwise, trademarks and registered trademarks used in this release are the property of Merit Medical Systems, Inc. and its subsidiaries in the United States and other jurisdictions.
+1-801-432-2864 | sarah.comstock@merit.com
Mike Piccinino, CFA, IRC
+1-443-213-0509 | mike.piccinino@westwicke.com
BreastCancer.org. 2023. “Breast Cancer Facts and Statistics.” Last modified January 18, 2023. https://www.breastcancer.org/facts-statistics
Havel, Liska et al. 2019. “Impact of the SSO-ASTRO Margin Guideline on Rates of Re-excision After Lumpectomy for Breast Cancer: a Meta-analysis.” Annals of Surgical Oncology 26 (5): 1238 ̶ 1244.

Frequently Asked Questions

What is the SCOUT MD Surgical Guidance System?

The SCOUT MD is a groundbreaking localization system for surgery, enhancing oncology treatment.

What benefit does SCOUT MD provide in surgeries?

SCOUT MD improves surgical precision, reducing trauma to healthy tissue and re-excision rates.

What designation has the SCOUT MD received from the FDA?

The FDA has granted the SCOUT MD Breakthrough Device Designation for its innovation.

How many reflector configurations can SCOUT MD support?

SCOUT MD can accommodate up to four unique reflector configurations for implantation.

What is the commitment of Merit Medical Systems?

Merit Medical is dedicated to enhancing cancer care with innovative technologies like SCOUT MD.

Last updated: Feb 16, 2023