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"Our biggest opportunity and the location in which we can most efficiently market the product is in the U.S.," French said.
Asthma medications were among the top-selling drugs in the U.S. last year, with sales of more than $4.8 billion, according to health care data firm IMS Health.
FDA's expert panel recommended the company keep a registry to track the safety of patients who have undergone the procedure. The group also said the procedure should only be performed at facilities that can handle respiratory complications.
The Alair System is Sunnyvale, Calif.-based Asthmatx's only product. The privately-held company planned to make an initial public offering in 2006, but ultimately backed away from the plan.
[Associated
Press;
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