Stone Medical Corporation






Company News March 13th, 2009 [iBIO Entrepreneurial Center Matching Grant Award] The Stone Medical Corporation is extremely pleased to accept a Matching Grant Award from the iBIO Entrepreneurial Center. The grant award is designed to match funds from the Company and will be applied to the final phase of clinical trials on the Clean Collect Blood Collection System scheduled to begin in September 2009. The final phase of clinical trials will be performed on the first generation commercial product, planned for release in the 3rd quarter of 2009. February 25th, 2009 [New Business Advisor] The Stone Medical Corporation welcomes Mark Achler as a business advisor to the Company. Mr. Achler is an exceptionally successful entrepreneur with a diverse background. He has founded and managed a wide variety of companies, foundations, and venture capital funds. "Mark is very experienced and highly intelligent. He has a proven track record of creating businesses and bringing them to prominence and profitability. We appreciate having his expertise available," commented president Ben Stone. January 20th, 2009 [2009 Development & Commercialization Plan] The Stone Medical Corporation has unveiled its 2009 plan for development and commercialization of the Clean Collect Blood Collection System. Based on progress in Phase I clinical trials, the plan calls for collection of data from 75,000 blood cultures by the year's end. "Our initial results are very promising and the continued research may provide absolute evidence of Clean Collect's ability to reduce blood culture contamination rates and hospital costs," commented president Ben Stone. While further research is conducted, the Stone Medical Corporation will also move forward with plans to prepare the product for commercial release in the 3rd quarter of 2009. Investors may request a copy or summary of this plan by contacting the principal office. November 20th, 2008 [Illinois Fast Pitch Competition] The Stone Medical Corporation is proud to accept the first place award for the second annual Illinois Fast Pitch Competition. The competition was held in Chicago, IL on November 18th with twenty companies competing for the award and a cash prize. Ben Stone, president of the Stone Medical Corporation, presented the company in a 3 minute presentation followed by a 2 minute Q&A session. Proceeds from the competition will be applied to the final payment for Phase I clinical trials on the Clean Collect Blood Collection System. October 1st, 2008 [New Chief Scientific Advisor] The Stone Medical Corporation welcomes Dr. Richard Albert, MD as a scientific advisor to the Company. Dr. Albert is the Chief of Medicine at the Denver Health Sciences Center, Vice Chairman of the University of Colorado Sciences Center, a tenured Professor at the University of Colorado Medical School, and an Adjunct Professor of Engineering and Computer Science at the University of Denver. Dr. Albert brings a wealth of clinical trials, medical, administrative, and general experience to the Company. "We look forward to continuing our work with Dr. Albert's expertise and knowledge added to our capabilities," comments Ben Stone, president of the Stone Medical Corporation. Click here for more information on the Company's current personnel. August 1st, 2008 [Phase I Clinical Trials Begin] The Stone Medical Corporation is pleased to announce the opening of the first phase of clinical trials on the Clean Collect Blood Collection System. Dr. Ronald Schifman is currently leading the study as principal investigator at the Veteran's Affairs (VA) Medical Center in Tucson, Arizona. Dr. Schifman's team includes an experienced clinical trials manager Mr. Tom Vincent, PA and two highly skilled technicians. The results of the first clinical study will help determine if Clean Collect is capable of reducing blood culture contamination rates and will provide background for full scale clinical trials.
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