Message #41 From:
NewsBot Date: November 28, 2006 04:30:00 AM
CYKN News Cyberkinetics Honors Stephen Heywood, the First ALS Participant in BrainGate Clinical Trial
FOXBOROUGH, Mass.--(BUSINESS WIRE)--Cyberkinetics Neurotechnology Systems, Inc. (OTCBB:CYKN; Cyberkinetics)
issued a statement to honor Stephen Heywood, the first participant with
advanced ALS (amyotrophic lateral sclerosis, or Lou Gehrig’s
disease) to participate in the Cyberkinetics’
BrainGate Neural Interface System (BrainGate) clinical trial. Stephen,
37, died Sunday, November 26, 2006, as the result of respiratory failure
that was unrelated to the BrainGate technology. Stephen enrolled in the
pilot trial of the BrainGate System in January 2006.
“Stephen Heywood’s
participation in the BrainGate pilot trial can be compared to Orville
Wright’s first plane flight from the hilltop
in Kitty Hawk, North Carolina. His efforts over the last year have
demonstrated the potential of the BrainGate System to improve the lives
of those with ALS and other motor neuron diseases,”
stated Timothy R. Surgenor, Cyberkinetics’
President and Chief Executive Officer. “While
we are saddened at Stephen’s loss, we honor
his courage and commitment to the advancement of our BrainGate
technology and recognize him as a critical member of our development
team. Stephen’s indomitable spirit will keep
us moving forward to develop the BrainGate technology to which he
dedicated the last months of his life in order that people may
ultimately lead more independent and productive lives despite their
debilitating injuries and diseases.”
“Stephen volunteered to participate in the
clinical trial of the BrainGate technology because he believed it could
change the world,” added James A. Heywood,
Chief Executive Officer and d'Arbeloff Founding Director of the ALS
Therapy Development Foundation and Stephen Heywood’s
brother. “Following a recent BrainGate
session in which he worked to control a robotic arm, Stephen sent me an
email message that read: ‘After being
paralyzed for so long, it is almost impossible to describe the magical
feeling of imagining a motion and having it occur.’
Those with Stephen’s pioneering spirit can
see that the BrainGate technology, though only in its infancy, has the
potential to enable those who are completely disabled to control
computers, wheelchairs and robots with their minds. My family and I
applaud the team at Cyberkinetics and the investors who support this
valuable work for having the vision to bring this promising technology
into reality.”
In appreciation for Stephen Heywood’s
contributions to the development of Cyberkinetics’
BrainGate technology, the Company will make a contribution to the ALS
Therapy Development Foundation.
About the ALS Therapy Development Foundation
The ALS Therapy Development Foundation (ALSTDF) is a nonprofit
biotechnology company that aggressively seeks out, develops and delivers
promising therapies to slow, arrest and cure ALS. To learn more about
ALSTDF or to make a donation, visit the foundation’s
website at www.als.net.
About Cyberkinetics Neurotechnology Systems, Inc.
Cyberkinetics Neurotechnology Systems, Inc., a leader in the
neurotechnology industry, is developing neural stimulation, sensing and
processing technology to improve the lives of those with severe
paralysis resulting from spinal cord injuries, neurological disorders
and other conditions of the nervous system. Cyberkinetics’
product development pipeline includes: the Andara™
Oscillating Field Stimulator (OFS) Device, an investigative device
designed to stimulate regeneration of the neural tissue surrounding the
spinal cord; the BrainGate System, an investigative device designed to
provide communication and control of a computer, assistive devices, and,
ultimately, limb movement; and the FDA cleared-to-market NeuroPort™
System, a neural monitor designed for acute inpatient applications and
labeled for temporary (less than 30 days) recording and monitoring of
brain electrical activity. Additional Information is available at
Cyberkinetics’ website at http://www.cyberkineticsinc.com.
Forward-Looking Statements This announcement contains
forward-looking statements, including statements about Cyberkinetics'
product development plans and progress. These statements are made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995, and can be identified by the use of
forward-looking terminology such as "may," "will," "believe," "expect,"
"anticipate" or other comparable terminology. Forward-looking statements
involve risks and uncertainties that could cause actual results to
differ materially from those projected in forward-looking statements and
reported results shall not be considered an indication of our future
performance. Factors that might cause or contribute to such differences
include our limited operating history; our lack of profits from
operations; our ability to successfully develop and commercialize our
proposed products; a lengthy approval process and the uncertainty of FDA
and other governmental regulatory requirements; clinical trials may fail
to demonstrate the safety and effectiveness of our products; the degree
and nature of our competition; our ability to employ and retain
qualified employees; compliance with recent legislation regarding
corporate governance, including the Sarbanes-Oxley Act of 2002; as well
as those risks more fully discussed in our public filings with the
Securities and Exchange Commission, all of which are difficult to
predict and some of which are beyond our control.