STOCK TITAN

Abbott Announces the U.S. Launch of the IonicRF™ Generator for Use in Patients Living With Chronic Pain

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Abbott has launched the IonicRF™ Generator, a radiofrequency ablation device cleared by the FDA for non-surgical pain management targeting the nervous system. This is Abbott's first radiofrequency device, approved in both the U.S. and Europe. Designed to provide a tailored approach for pain relief, studies indicate the therapy can offer relief for 6-12 months. This launch helps expand Abbott's neuromodulation portfolio aimed at patients seeking alternatives to surgery and opioids.

Positive
  • Launch of the IonicRF Generator, expanding Abbott's product portfolio.
  • FDA clearance enhances Abbott's presence in the pain management market.
  • Addresses a significant medical need for non-surgical pain relief, especially for low back pain.
Negative
  • None.

ABBOTT PARK, Ill., Nov. 10, 2020 /PRNewswire/ -- Abbott (NYSE: ABT) today announced the launch of the IonicRF™ Generator – a new device recently cleared by the U.S. Food and Drug Administration to deliver a non-surgical, minimally invasive treatment for the management of pain in the nervous system. The IonicRF Generator is a radiofrequency ablation device that uses heat to target specific nerves and block pain signals from reaching the brain.

The new device is the first Abbott-developed radiofrequency ablation device and is currently approved in the United States and Europe. 

"Every patient is different and the source of their pain is unique, making it extremely important to have multiple options available, so treatment can be tailored to individual circumstances," said Jason E. Pope, M.D., Evolve Restorative Center, Santa Rosa, Calif. "Abbott's IonicRF is an advanced device platform that targets specific nerves to block pain signals from reaching the brain. One of the most promising aspects of the therapy is its effectiveness in targeting pain in several discrete areas of the body."

Radiofrequency ablation uses an electric current to heat up a small area of nerve tissue to stop it from sending pain signals.1 Studies have shown that pain relief following a single radiofrequency ablation treatment can last from six to 12 months.2 Low back pain is among the most common medical complaints worldwide—and facet joint syndrome, often treated by radiofrequency ablation therapy, is estimated to account for 15% of these complaints.3 Radiofrequency ablation has been used to treat pain, such as low back pain and Sacroiliac joint (buttocks) pain, that failed to resolve with conservative treatments, such as physical therapy, injections or medication. 

"Most people who are candidates for radiofrequency ablation have tried other therapies, such as medications and injections, with limited success. As a result, they are now seeking an alternative solution that does not require surgery or the use of opioid medication," said Keith Boettiger, vice president, Neuromodulation, Abbott. "We are proud to be able to provide the first Abbott-designed radiofrequency ablation device engineered to deliver safe and effective pain management.* This is another example of our focus on widening the breadth of our neuromodulation portfolio and keeping patients central to everything we do at Abbott."

*For approved anatomical locations, please refer to the Instructions for Use for full details.

Please refer to this link for the indications and important safety information.

About Abbott's Chronic Pain Portfolio

Chronic pain can negatively impact personal relationships, work productivity and a person's daily routine. Abbott is a global leader in the development of chronic pain therapy solutions, offering radiofrequency therapy and spinal cord stimulation therapy solutions, including radiofrequency ablation generators and accessories, BurstDR™ stimulation, and dorsal root ganglion stimulation in the portfolio of chronic pain treatments.

About Abbott

Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 107,000 colleagues serve people in more than 160 countries.

Connect with us at www.abbott.com, on LinkedIn at www.linkedin.com/company/abbott-/, on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews.

1. Cleveland Clinic. https://my.clevelandclinic.org/health/treatments/17411-radiofrequency-ablation. Accessed October 2020.

2. Manchikanti L, et al. A systematic review and best evidence synthesis of the effectiveness of therapeutic facet joint interventions in managing chronic spinal pain. Pain Physician 2015; 18:E535-E582

3.  Pope JE, Cheng J. Facet (Zygapophyseal) Intraarticular Joint Injections: Cervical, Lumbar, and Thoracic. Injections for Back Pain. 129-135. ClinicalKey.com. Accessed October 2020.

 

Cision View original content:http://www.prnewswire.com/news-releases/abbott-announces-the-us-launch-of-the-ionicrf-generator-for-use-in-patients-living-with-chronic-pain-301169393.html

SOURCE Abbott

FAQ

What is the IonicRF Generator?

The IonicRF Generator is a radiofrequency ablation device launched by Abbott for non-surgical treatment of chronic pain.

Which markets have approved the IonicRF Generator?

The IonicRF Generator is approved in both the United States and Europe.

How long can pain relief last after using the IonicRF Generator?

Studies indicate relief can last from six to twelve months after a single treatment.

What is Abbott's focus with the IonicRF Generator?

Abbott aims to provide effective, non-surgical pain management options that avoid the use of opioids.

What types of pain is the IonicRF Generator designed to treat?

It is designed to treat chronic pain such as low back pain and sacroiliac joint pain.

Abbott Laboratories

NYSE:ABT

ABT Rankings

ABT Latest News

ABT Stock Data

200.24B
1.73B
0.53%
78.64%
0.81%
Medical Devices
Pharmaceutical Preparations
Link
United States of America
ABBOTT PARK