AlloSource and Stryker Launch ProChondrix CR Cryopreserved Osteochondral Allograft

CENTENNIAL, Colo.April 4, 2018 /PRNewswire-USNewswire/ — AlloSource and Stryker today announced the launch of ProChondrix® CR, a cryopreserved osteochondral allograft. ProChondrix CR is a single-stage, natural solution for patients in need of articular cartilage repair.

ProChondrix CR is designed to match biomechanical and biochemical properties of normal hyaline cartilage, restore a smooth articular cartilage surface, help relieve patient symptoms, and improve function. AlloSource launched ProChondrix in 2016 and developed a cryopreserved version to provide a longer shelf-life, while maintaining the high cellular viability of the product1.

“ProChondrix CR demonstrates our commitment to innovation and our surgeon customers,” said Kerr Holbrook, AlloSource Chief Commercial Officer. “This cryopreserved allograft provides opportunities for more surgeons to use ProChondrix CR to help restore patient health. We are proud to work with Stryker on the distribution of this product and look forward to more opportunities to serve surgeons and their patients.”

Stryker will distribute ProChondrix CR across multiple treatment areas to help expand access for patients.

About AlloSource
AlloSource is dedicated to advancing the science and use of transplantable allogeneic cells and tissue through pioneering research in regenerative therapies. The organization offers life-saving and life-enhancing solutions in orthopedic, spine, burn and wound procedures to help restore patient health and mobility. As a world leader in cell-based products, fresh cartilage tissue for joint repair and skin allografts to help heal severe burns, AlloSource’s products bridge the proven science of allografts with the advanced technology of cells. The company is accredited by the American Association of Tissue Banks and is headquartered in Centennial, CO. For more information, please visit allosource.org.

About Stryker
Stryker is one of the world’s leading medical technology companies and, together with its customers, is driven to make healthcare better. The company offers innovative products and services in Orthopaedics, Medical and Surgical, and Neurotechnology and Spine that help improve patient and hospital outcomes. More information is available at www.stryker.com.

1Data on file at AlloSource

CONTACT: Megan Duggan, 720-382-2766, mduggan@allosource.org

SOURCE AlloSource

Related Links

http://www.allosource.org

RTI Surgical Reaches Global Milestone of Providing 8 Million Biologic Implants with Zero Confirmed Incidence of Implant-Associated Infection

April 04, 2018

ALACHUA, Fla.–(BUSINESS WIRE)–RTI Surgical, Inc. (Nasdaq: RTIX), a global provider of surgical implants, celebrates a significant global milestone of providing more than 8 million biologic implants processed through RTI’s proprietary sterilization processes with zero confirmed incidence of implant-associated infection. In 2017 alone, RTI distributed more than 600,000 biologic implants—helping surgeons serve patients in nearly 50 countries.

RTI celebrates these milestones and marks its 20th anniversary of delivering trusted surgical implants during National Donate Life Month in April. RTI has a proud, 20-year history of “firsts” in biologic surgical implants. It is recognized for initiating and elevating standards for the tissue banking industry, including being the first to introduce tissue-specific validated sterilization processes — the BioCleanse® Tissue Sterilization Process, the Cancelle® SP DBM Sterilization Process and the Tutoplast® Tissue Sterilization Process. It was also the first to offer precision-shaped bone implants and assembled technologies. Our world-class facilities in the U.S. and Europe provide a combined 250,000+ square feet of manufacturing for these advanced technologies.

“For 20 years, RTI has led the way in tissue safety for biologic implants in our industry, always keeping the patient in mind,” said Camille Farhat, President and CEO, RTI Surgical. “Our commitment to tissue safety is evident by our redundant safeguards and proprietary, validated sterilization processes, allowing us to achieve more than 8 million biologic implants with zero confirmed incidence of implant-associated infection. We celebrate these milestones in honor of the healthcare professionals and patients we serve globally and with appreciation for the gifts of life that make such healing and restoration possible.”

RTI’s tissue-based implants are used in surgical procedures such as anterior cruciate ligament reconstruction, meniscus transplantation, fracture repair, rotator cuff repair, wound coverings, post-mastectomy breast reconstruction and abdominal wall repair for hernias.

“RTI Surgical continues to raise the bar as a trusted provider of patient-centered biologic solutions with a proven track record for advancing science, safety and innovation,” said Peter Indelicato, M.D., professor emeritus and physician with the University of Florida Department of Orthopaedics and Rehabilitation’s Sports Medicine, Orthopaedics and Sports Surgery division. Dr. Indelicato has been a consultant with RTI since its inception. “RTI was instrumental in developing groundbreaking sterilization technology with proven effectiveness and safety, such as BioCleanse, and continues to drive innovation today with its portfolio of biologic implants. As the former Head Team Physician for the University of Florida Gator football team, I often relied on RTI implants to help restore our athletes to health.”

Ryanne Wilkes is a labor and delivery nurse and one among the millions of patients whose lives have been restored by receiving an RTI biologic implant. “I do not think I could have made it as far in my nursing career with my hip in the awful shape it was in,” Ryanne said. “The gift of donated tissue and the biologic implant created from that gift changed my life and will also touch the lives of the many patients I care for throughout my career.”

RTI joins Donate Life America in celebrating National Donate Life Month and encouraging Americans to save and restore lives by registering as organ, eye and tissue donors at www.registerme.org.

About RTI Surgical, Inc.

RTI Surgical is a leading global surgical implant company providing surgeons with safe biologic, metal and synthetic implants. Committed to delivering a higher standard, RTI’s implants are used in sports medicine, general surgery, spine, orthopedic, trauma and cardiothoracic procedures and are distributed in nearly 50 countries. RTI has four manufacturing facilities throughout the U.S. and Europe. RTI is accredited in the U.S. by the American Association of Tissue Banks and is a member of AdvaMed. For more information, please visit www.rtix.com.

Forward-Looking Statements

This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s current expectations, estimates and projections about our industry, our management’s beliefs and certain assumptions made by our management. Words such as “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” variations of such words and similar expressions are intended to identify such forward-looking statements. In addition, except for historical information, any statements made in this communication about anticipated financial results, growth rates, new product introductions, future operational improvements, gaining market share and results or regulatory actions or approvals or changes to agreements with distributors also are forward-looking statements. These statements are not guarantees of future performance and are subject to risks and uncertainties, including the risks described in public filings with the U.S. Securities and Exchange Commission (SEC). Our actual results may differ materially from the anticipated results reflected in these forward-looking statements. Copies of the company’s SEC filings may be obtained by contacting the company or the SEC or by visiting RTI’s website at www.rtix.com or the SEC’s website at www.sec.gov.

Contacts

RTI Surgical, Inc.
Media Contacts
Erin Morton, +1-352-519-8351
emorton@rtix.com
or
Molly Poarch, +1-224-287-2661
mpoarch@rtix.com
or
Investor Contact
Nathan Elwell, +1-847-530-0249
nelwell@lincolnchurchilladvisors.com

 

SpinalCyte Announces MRI Evidence of Disc Regeneration Following Phase 1/Phase 2 Clinical Trial of CybroCell™ Dermal Fibroblasts

April 03, 2018

HOUSTON–(BUSINESS WIRE)–MRI analysis of patients who received intradiscal injections of human dermal fibroblasts (HDFs) shows significant improvement in disc height after six months. This is the latest evidence from SpinalCyte, LLC, a Texas-based regenerative medicine company focused on regrowth of the spinal disc nucleus using HDFs. This suggests there is a quantifiable regenerative process stimulated by its new cell-based therapy, CybroCell, which is the first off-the-shelf allogeneic HDF product for treatment of degenerative disc disease.

The landmark Phase 1/Phase 2 clinical trial, which is still enrolling, includes 24 patients with chronic lower back pain caused by degenerative disc disease. The patients are randomly assigned to one of three groups and receive intradiscal injections from one to three discs. The first group receives placebo in the form of saline only; the second group receives 10 million HDFs and the third group receives 10 million HDFs in combination with platelet-rich plasma (PRP).

Preliminary six-month MRI data on 18 patients has been completed with an independent radiological expert providing MRI analysis. Patients who received CybroCell or CybroCell with PRP demonstrated superior outcomes versus the control group. Of patients treated with CybroCell, 83 percent demonstrated increased disc height or no change in one or more discs compared to only 66 percent of control patients. More than half (52 percent) of CybroCell-treated discs showed either increased disc height or no change (a clinically relevant outcome) versus only 38 percent of control discs.

“We are encouraged by the superior radiographic analysis of the CybroCell patients over the control patients,” said SpinalCyte Chief Scientific Officer Thomas Ichim, Ph.D. “We have demonstrated clinically relevant outcomes which include increased disc height for those patients who received treatment injections.”

This data suggests CybroCell possesses tangible benefits for people suffering from degenerative disc disease, a chronic condition for which previous treatments have not demonstrated a physical alteration in the degenerated disc.

Over 50 percent of patients treated with CybroCell in the trial reported significant therapeutic improvement. Preclinical animal studies demonstrated that intradiscal injection of CybroCell resulted in significant increase in regeneration, disc height, gene expression of structural genes such as collagen type I and collagen type II, and the contents of structural proteins such as proteoglycan, which in turn generate the jelly-like material (disc nucleus) that provides cushioning for the spine.

“MRI evidence of disc regeneration is the most important clinical validation to explain the reduction in pain of our study patients,” said Pete O’Heeron, Chief Executive Officer, SpinalCyte. “This study provides real evidence of pain reduction and disc regeneration at only six months. The CybroCell product has the ability to change the quality of life for these chronically diseased patients and eliminate the need for opioid use in patients suffering from chronic back pain. CybroCell can address an urgent public need and impact the national opioid crisis in the U.S.”

SpinalCyte’s Phase 1/Phase 2 clinical trial is the first allogeneic use of fibroblasts outside of skin conditions. Considering how relatively easy it is to collect large numbers of fibroblasts that would otherwise be disposed of, researchers believe this trial will advance the clinical translation of fibroblasts into other areas of regenerative medicine.

Photo available for download: https://www.dpkpr.com/files/701/

Photo credit: Dr. Torsten Wittmann/Science Photo Library/Getty Images

SpinalCyte Youtube Channel: https://www.youtube.com/channel/UC0MaC2QPyqAsFJ-JGoStSAA

About SpinalCyte, LLC

Based in Houston, Texas, SpinalCyte, LLC is a regenerative medicine company developing an innovative solution for spinal nucleus replacement using human dermal fibroblasts. Currently, SpinalCyte holds 25 U.S. and international issued patents and has filed for an additional 48 patents pending. Funded entirely by angel investors, SpinalCyte represents the next generation of medical advancement in biologics. Visit www.spinalcyte.com.

Contacts

SpinalCyte, LLC
Investor Contact:
281.461.6211
info@spinalcyte.com
or
Media Contact:
Dan Keeney, APR, 832.467.2904
dan@dpkpr.com

MiMedx Enrolls First Patient In Its Phase 2B Clinical Trial Of RMAT Designated AmnioFix® Injectable For The Treatment Of Osteoarthritis Of The Knee

MARIETTA, Ga.March 28, 2018 /PRNewswire/ — MiMedx Group, Inc. (NASDAQ: MDXG), a leading developer and marketer of regenerative and therapeutic biologics, today announced that the first patient has been enrolled in the Company’s Phase 2B Investigational New Drug (IND) clinical trial to assess the safety and efficacy of AmnioFix® Injectable as a treatment for pain associated with Osteoarthritis (OA) of the knee.

OA of the knee is a degenerative and irreversible condition that is associated with pain, restricted mobility, and ultimately joint instability.  For many, the disease significantly limits day-to-day function and can only be treated with joint replacement surgery. According to the National Institutes of Health’s US National Library of Medicine, OA is the most common joint disorder in the United States and its prevalence increases with age. Approximately 20% of the U.S. population, or more than 60 million adults, is over the age of 60, and symptomatic knee OA occurs in 10% of men and 13% of women in that age group.

Parker H. “Pete” Petit, Chairman and Chief Executive Officer, said, “The enrollment of our first patient in this Phase 2Bclinical study is another important milestone for MiMedx. This comes on the heels of the Regenerative Medicine Advanced Therapy (RMAT) designation, which highlights the need to advance promising therapies in areas of considerable unmet medical need, and reaffirms the significant potential for AmnioFix Injectable.”

By granting the RMAT designation to AmnioFix Injectable for use in the treatment of OA of the knee, the FDA commits to taking specific actions to facilitate the development of the product.  These actions may also include an accelerated and priority review.

“Given the lack of  treatment options for patients with knee OA, and the high risks associated with using opioids to manage pain, AmnioFix Injectable has the opportunity to address a significant unmet clinical need by providing physicians and their patients with a new, safe, effective and durable front-line therapy for treating OA knee pain,” added Bill Taylor, President and COO. “In addition, we believe AmnioFix Injectable has the potential to become a blockbuster therapeutic biologic, with long-term peak revenue potentially reaching $4 billion for musculoskeletal pain management within the more than $12 billion U.S. joint pain injection market.”

Clinical Study Design

This Phase 2B, prospective, double blinded, randomized controlled trial will enroll approximately 318 patients at 20 centers.  Patients will be randomized 1:1 into two treatment groups; a single injection of saline (placebo control) or a single injection of 40mg of AmnioFix® Injectable.  The co-primary efficacy endpoints are the change in Visual Analog Scale (VAS) score and the change in Western Ontario and McMaster Universities (WOMAC) osteoarthritis index between baseline and day 90 expressed as the difference in means between each group.  The primary safety endpoint is the incidence of adverse events, serious adverse events, and unanticipated adverse events during the first 12 months post injection in the AmnioFix Injectable group versus the placebo-controlled group.

About MiMedx

MiMedx® is a leading biopharmaceutical company developing and marketing regenerative and therapeutic biologics utilizing human placental tissue allografts with patent-protected processes for multiple sectors of healthcare. “Innovations in Regenerative Medicine” is the framework behind the Company’s mission to give physicians products and tissues to help the body heal itself.  The Company processes the human placental tissue utilizing its proprietary PURION® Process methodology, among other processes, to produce safe and effective allografts by employing aseptic processing techniques in addition to terminal sterilization. MiMedx has supplied over 1 million allografts to date for application in the Wound Care, Burn, Surgical, Orthopedic, Spine, Sports Medicine, Ophthalmic and Dental sectors of healthcare. For additional information, please visit www.mimedx.com.

Safe Harbor Statement

This press release includes forward-looking statements that may be identified by words such as “believe,” “expect,” “may,” “plan,” “potential,” “will,” “preliminary,” and similar expressions, and are based on management’s current beliefs and expectations. Forward-looking statements are subject to risks and uncertainties, and the Company cautions investors against placing undue reliance on such statements.

Actual results may differ from those set forth in the forward-looking statements. For more detailed information on the risks and uncertainties, please review the Risk Factors section of the Company’s most recent annual report or quarterly report filed with the Securities and Exchange Commission.  Any forward-looking statements speak only as of the date of this press release and the Company assumes no obligation to update any forward-looking statement.

 

SOURCE MiMedx Group, Inc.

Related Links

http://www.mimedx.com

SANUWAVE Will Have Four Podium Presentations as New Clinical Research at EWMA in Poland in May 2018

SUWANEE, GA, March 27, 2018 (GLOBE NEWSWIRE) — SANUWAVE Health, Inc. (OTCQB: SNWV) is pleased to announce that during its participation at the European Wound Management Association (EWMA) Conference in Krakow, Poland on May 9 – 11, 2018, the Company will present new pre-clinical and clinical research associated with the dermaPACE® System, SANUWAVE’s flagship medical care device.  The dermaPACE System is currently CE Marked within Europe for the treatment of various acute and chronic conditions of the skin.  In December 2017, SANUWAVE received US FDA clearance for the treatment of Diabetic Foot Ulcers (DFUs), which makes the dermaPACE System the only approved focused shockwave system in the US market for such indication.  SANUWAVE will exhibit at expo booth D508 in Dunaj Hall together with Matek and Ortho Medico, the Company’s Italian and BeNeLux distribution partners.

For the 2018 EWMA conference the following four (4) abstracts, sponsored by SANUWAVE, were accepted that support the use of the dermaPACE System for various wound management conditions:

– “Pulsed Acoustic Cellular Expression as a Protective Therapy against Ischemia-Reperfusion Injury in a Cremaster Muscle Flap Model”, by Siemionow M., Krokowicz L., Klimczak A., Cwykiel J., Mielniczuk M. – this animal study tested PACE® conditioning mechanism of action on microcirculatory hemodynamics in ischemia-reperfusion injury model.  The results showed that pre- and post-ischemic PACE conditioning improved functional capillary density and stimulated angiogenesis as confirmed by up-regulated VEGF expression. Furthermore, post-ischemic PACE conditioning correlated with decreased expression of early proinflammatory factors (iNOS, CCL2, CXCL5).  Both types of PACE conditioning ameliorated deleterious effect of ischemia-reperfusion injury on microcirculatory hemodynamics of muscle flaps.  The importance of this study is that it lays the basic foundation for using PACE technology for improving outcomes after grafting.  The presenter of the study will be Dr. Maria Siemionow, a Polish transplant surgeon and scientist, who performed the world’s first near-total facial transplant successfully at Cleveland Clinic, U.S.A.  Dr. Siemionow was twice honored with the James Barrett Brown Award for best publication in a plastic surgery journal in 2004 and 2007 and received the Folkert Belzeer Award in 2001.  She is the recipient of the Commander’s Cross Polonia Restituta award given by the President of Poland in 2009, and in 2014, she received the Great Immigrants Award from the Carnegie Foundation of New York.  Dr. Siemionow is now affiliated with University of Illinois at Chicago College of Medicine, as a professor of orthopedic surgery and Director of Microsurgery Research.

– “Healing Venous Leg Ulcers with Pulsed Acoustic Cellular Expression (PACE) Therapy” by Miller C., Kapp S., Green J., McGuiness W., Woodward M. – this is a case series for venous leg ulcers (VLUs) with six (6) participants with a mean age of 78.67 (SD=9.97) and wound duration of 34.80 weeks (SD=23.02) who were treated with the dermaPACE System.  Positive wound healing trends were observed for all patients. A reduction in wound size was observed for five patients and although one patient developed an increased wound size, the tissue quality was improved. The treatment was easy to implement for clinicians and client acceptability was very good; some pain was recorded during 2 treatments (of 17 treatments) and occurred when the patient was reporting pain at the dressing change in general.  The importance of this study is that it shows that the dermaPACE System has promising effects when used to treat venous leg ulcers.  The presenter at this study will be Dr. William McGuiness, who is an Associate Professor at La Trobe University, Victoria, Australia and the Director of the La Trobe Alfred Clinical School of Nursing and Midwifery.  Dr. McGuiness has been involved in wound management since 2000, as both an educator and a clinician.  He was the President of the Australian Wound Management Association (AWMA).

– The New Life” of a Stuck Wound: The Real ESWT Mission”, by Cassino R. – in this study the dermaPACE System was used for twelve (12) patients with chronic skin lesions of known etiology (pressure ulcers, venous leg ulcers, diabetic foot lesions), older than 6 months, not responding to ongoing treatments for at least 4 weeks or in a worsening status. The dermaPACE System treatment sessions were performed once a week for 4 weeks.  The follow up was performed after the 4 applications, and then again after 5 and 10 weeks from the first assessment, by evaluating the Healing Rate (HR) and Wound Area Reduction (WAR).  All wounds improved after the PACE treatment with a mean HR of 0.139 cm/week (ratio of A/P, where A = area in square centimeters and P = perimeter in centimeters) and a mean WAR/week of 28.6%.  This trend of improvement continued for 10 other weeks.  Also, at the end of the follow-up the mean total WAR was about 74%.  The presenter at this study will be Dr. Roberto Cassino, who is affiliated with the Interdepartmental Center Team of Diabetic Foot from Istituto Clinico Città Studi – Milano, Italy.  Dr. Cassino is an expert in geriatrics, gerontology, and general surgery.

– “Extracorporeal Shock Wave Therapy Improves Healing of Chronic Ulcers and Patients’ Quality of Life”, by Leemans G., Gutermuth J., Janmohamed S. – this study used ten (10) patients with chronic, therapy-resistant ulcers.  The results demonstrated improvement in 10 out of 10 investigated ulcers in all measured parameters after Extracorporeal Shock Wave Therapy (ESWT).  A mean decrease in wound surface and wound depth of 71% and 60% respectively, were observed six weeks after the first treatment session.  Chronic ulcers and pain had a significant impact on patients’ Quality of Life (QoL), and to assess QoL, patients were asked to complete a Dermatology Life Quality Index (DLQI) questionnaire and pain was evaluated with a Visual Analogue Scale (VAS).  A mean decrease in DLQI scores (i.e. an increase in QoL) of 60% was observed and a significant mean decrease of 62% in VAS scores (i.e. a decrease in the amount of pain) after ESWT could be seen.  In comparison with other additional treatment options such as negative-pressure wound therapy and hyperbaric oxygen, ESWT is a non-time-consuming method and does not have systemic side effects.  The importance of this study is that it shows that the dermaPACE System has significant success in treating chronic ulcers that were very difficult to heal using other technologies.  The presenter of this study will be Dr. Gaëlle Leemans, who has medical studies at Vrije Universiteit Brussel (Free University Brussel) with the specialization in wound healing and dermatopathology.  Dr Leemans is now affiliated with the Department of Dermatology, from the Universitair Ziekenhuis Brussel (University Hospital Brussels), Brussels, Belgium.

Dr. Maria Siemionow, Dr. William McGuiness, Dr. Roberto Cassino, and Dr. Gaëlle Leemans will be available to answer questions at SANUWAVE’s booth on May 10th, between 2 and 4 pm.  Please contact Dr. Iulian Cioanta via e-mail at iulian.cioanta@sanuwave.com; in case that you want to meet individually with any the authors of the above studies.

“We are excited to exhibit at EWMA in Krakow, Poland, and to have our distinguished guests presenting scientific studies that show additional evidence regarding our PACE technology effectiveness in treating various types of hard-to-heal wounds and also its mechanism of action.  Our FDA clearance for the dermaPACE System is built on solid clinical scientific evidence provided by two US-based randomized-controlled clinical trials enrolling 336 subjects, which showed that SANUWAVE’s technology is safe and effective in the treatment of Diabetic Foot Ulcers.  Within a few weeks of initial treatment, wounds treated with the dermaPACE System showed a reduction in area at superior rates compared to control subjects.  The support and interest coming from the wound care community has been overwhelmingly positive, both domestically and internationally.  The scientific presentations for the EWMA 2018 conference validate our continuous commitment and strong belief in clinically based research in order to find new avenues for our technology and provide improved treatment options for patients, healthcare professionals, and clinicians,” stated Kevin A. Richardson, CEO and Chairman of the Board.

If you are interested in distribution opportunities for SANUWAVE in Europe or in scheduling a meeting with the SANUWAVE team during the conference, please contact Dr. Iulian Cioanta via e-mail at iulian.cioanta@sanuwave.com; otherwise, please stop by our booth D508 in Dunaj Hall at the conference in May.

About SANUWAVE Health, Inc.
SANUWAVE Health, Inc. (www.sanuwave.com) is a shock wave technology company initially focused on the development and commercialization of patented noninvasive, biological response activating devices for the repair and regeneration of skin, musculoskeletal tissue and vascular structures. SANUWAVE’s portfolio of regenerative medicine products and product candidates activate biologic signaling and angiogenic responses, producing new vascularization and microcirculatory improvement, which helps restore the body’s normal healing processes and regeneration. SANUWAVE applies its patented PACE technology in wound healing, orthopedic/spine, plastic/cosmetic and cardiac conditions. Its lead product candidate for the global wound care market, dermaPACE, is US FDA cleared for the treatment of Diabetic Foot Ulcers.  The device is also CE Marked throughout Europe and has device license approval for the treatment of the skin and subcutaneous soft tissue in Canada, South Korea, Australia and New Zealand. SANUWAVE researches, designs, manufactures, markets and services its products worldwide, and believes it has demonstrated that its technology is safe and effective in stimulating healing in chronic conditions of the foot (plantar fasciitis) and the elbow (lateral epicondylitis) through its U.S. Class III PMA approved OssaTron® device, as well as stimulating bone and chronic tendonitis regeneration in the musculoskeletal environment through the utilization of its OssaTron, Evotron® and orthoPACE® devices in Europe, Asia and Asia/Pacific. In addition, there are license/partnership opportunities for SANUWAVE’s shock wave technology for non-medical uses, including energy, water, food and industrial markets.

Forward-Looking Statements
This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future business development activities, and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the key risks, assumptions and factors that may affect operating results, performance and financial condition are risks associated with the regulatory approval and marketing of the Company’s product candidates and products, unproven pre-clinical and clinical development activities, regulatory oversight, the Company’s ability to manage its capital resource issues, competition, and the other factors discussed in detail in the Company’s periodic filings with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statement.

For additional information about the Company, visit www.sanuwave.com.

Contact:
Millennium Park Capital LLC
Christopher Wynne
312-724-7845
cwynne@mparkcm.com

SANUWAVE Health, Inc.
Iulian Cioanta, Ph.D.
Vice President of Research and Development
678-578-0106 (Office)
iulian.cioanta@sanuwave.com

MiMedx Reports Positive Pain And Foot Function Results From Phase 2B Clinical Trial Of AmnioFix® Injectable In The Treatment Of Plantar Fasciitis

MARIETTA, Ga.March 26, 2018 /PRNewswire/ — MiMedx Group, Inc. (NASDAQ: MDXG), a leading developer and marketer of regenerative and therapeutic biologics, today announced positive pain and foot function results from its Phase 2Bclinical trial of AmnioFix® Injectable in the treatment of Plantar Fasciitis.

The Phase 2B IND clinical trial evaluating the use of AmnioFix Injectable for the treatment of Plantar Fasciitis demonstrated a clinically and statistically significant difference compared to patients in the Control Group in their reduction in the visual analog scale (VAS) score for pain (p<0.0001) and Foot Function Index-Revised (FFI-R) scores (p=0.0004) at 3 months compared to baseline. Additionally, the safety of the product was demonstrated by the absence of serious, unanticipated, product-related adverse events and the relative absence of an elicited immune response post-injection demonstrated by the Treatment Group.

Plantar Fasciitis is the most common cause of chronic heel pain in adults, comprising 11–15% of the foot symptoms requiring professional care among adults, according to studies published in the Journal of Research in Medical Sciences. It is estimated that 1 in 10 people will develop Plantar Fasciitis during their lifetime, with approximately one million people per year seeking medical treatment. The Company believes 60% of these patients could be potential candidates to receive AmnioFix Injectable, which MiMedx estimates represents a $450 million annual market opportunity for the Company.

“As we noted in January 2018 when we initiated our Phase 3 trial to treat Plantar Fasciitis, we believe AmnioFix Injectable can become a new first-line therapy for the treatment of musculoskeletal degeneration pain,” said Parker H. “Pete” Petit, Chairman and Chief Executive Officer. “We believe that our product will meet this need and quickly become a physician’s product of choice for patients.”

“These Phase 2B results clearly show that AmnioFix Injectable has the potential to provide safe, effective, and durable relief from pain associated with chronic Plantar Fasciitis,” added Bill Taylor, President and COO. “We expect our Phase 3 study initiated in January 2018 to confirm these results as we move toward filing a Biologics License Application (BLA) in the second half of 2020 based on our current projections.”

Clinical Study Design

The Phase 2B prospective, single-blinded, randomized, controlled trial studied a single injection of 40 mg of AmnioFix Injectable (micronized Dehydrated Human Amnion/Chorion Membrane (dHACM) Injection) as compared to a single injection of saline (placebo control) in the treatment of Plantar Fasciitis. The trial enrolled and treated 145 patients at 14 study sites.

The primary efficacy endpoint was the change in VAS score for pain for subjects between baseline and 3 months expressed as the difference in the mean scores between the AmnioFix Injectable Treatment Group versus placebo-treated Control Group. The principal secondary efficacy endpoint was the change in FFI-R score for patients between baseline and 3 months expressed as the difference in mean scores between the AmnioFix Injectable Group versus the Control Group.

Summary of Top-line AmnioFix Injectable Phase 2B Results

The Phase 2B IND clinical trial evaluating the use of AmnioFix Injectable for the treatment of Plantar Fasciitis demonstrated a clinically and statistically significant difference compared to patients in the Control Group in their reduction in VAS score for pain and FFI-R scores at 3 months compared to baseline. Additionally, the safety of the product has been demonstrated by the absence of serious, unanticipated, product-related adverse events and the relative absence of an elicited immune response post-injection demonstrated by the Test Group.

At three months, the Treatment Group (n=73) experienced a mean reduction of 54.1 points in their VAS score for pain compared to baseline. The Control Group (n=72) experienced a mean reduction of 31.9 points in their VAS score for pain at three months compared to baseline, a difference of 22.2 points between the two treatment groups (p<0.0001).

At three months, the Treatment Group experienced a mean reduction of 36 points in FFI-R score compared to baseline. The Control Group experienced a mean reduction of 22 points in FFI-R at three months compared to baseline, a difference of 14 points between the two treatment groups (p=0.0004).

About MiMedx

MiMedx® is a leading biopharmaceutical company developing and marketing regenerative and therapeutic biologics utilizing human placental tissue allografts with patent-protected processes for multiple sectors of healthcare. “Innovations in Regenerative Medicine” is the framework behind the Company’s mission to give physicians products and tissues to help the body heal itself.  The Company processes the human placental tissue utilizing its proprietary PURION® Process methodology, among other processes, to produce safe and effective allografts by employing aseptic processing techniques in addition to terminal sterilization. MiMedx has supplied over 1 million allografts to date for application in the Wound Care, Burn, Surgical, Orthopedic, Spine, Sports Medicine, Ophthalmic and Dental sectors of healthcare. For additional information, please visit www.mimedx.com.

Safe Harbor Statement

This press release includes forward-looking statements that may be identified by words such as “believe,” “expect,” “may,” “plan,” “potential,” “will,” “preliminary,” and similar expressions, and are based on management’s current beliefs and expectations. Forward-looking statements are subject to risks and uncertainties, and the Company cautions investors against placing undue reliance on such statements.

Actual results may differ from those set forth in the forward-looking statements. For more detailed information on the risks and uncertainties, please review the Risk Factors section of the Company’s most recent annual report or quarterly report filed with the Securities and Exchange Commission.  Any forward-looking statements speak only as of the date of this press release and the Company assumes no obligation to update any forward-looking statement.

SOURCE MiMedx Group, Inc.

Related Links

http://www.mimedx.com

Aziyo Biologics Expands Bone Repair Franchise with Launch of OsteGro

March 22, 2018

SILVER SPRING, Md.–(BUSINESS WIRE)–Aziyo Biologics, Inc., a fully integrated regenerative medicine company, announced today the launch of OsteGro, an allograft bone matrix that supports new bone growth in orthopedic surgical procedures. The launch of OsteGro further expands the company’s bone repair franchise.

“We are excited to add OsteGro to our innovative orthopedic surgery product line. OsteGro represents the third product in our portfolio which already includes ViBone, a viable bone matrix, and OsteSpine, a complete line of precision machined cervical spacers,” says Darryl Roberts, Ph.D., General Manager, Strategic Tissue Partnerships at Aziyo. “Our goal is to build an industry leading franchise in biologic materials for orthopedic surgery. This launch is yet another step towards that goal.”

OsteGro is an allograft bone matrix developed with Aziyo’s proprietary processing methods that results in a bone graft that serves as a scaffold for new bone growth. Because OsteGro can be stored at room temperature, it is ready for immediate use in a wide range of surgical procedures. Bone repair allografts like OsteGro are used in procedures such as spinal fusion, hip reconstruction and bone fractures. OsteGro is part of the growing biologics segment of U.S. orthopedic market. This segment alone is estimated to total approximately $2 billion in annual sales.

About OsteGro™

OsteGro is composed of cancellous bone and partially demineralized cortical bone. It is easily molded to produce the desired shape in a clinical setting. Proprietary processing methods are utilized to preserve natural characteristics and components of the matrix. OsteGro is sterile and may be stored at room temperature. The matrix is regulated as a human tissue allograft.

About Aziyo Biologics, Inc.

Aziyo Biologics is a fully integrated, commercially oriented regenerative medicine company. Since its founding in 2015 the company has expanded through acquisitions and strategic partnerships, creating a high growth commercial entity. Its proprietary products are used in orthopedic, cardiovascular, and other medical specialties. For more information, visit: www.aziyo.com.

Contacts

Aziyo Biologics, Inc.
Erica Elchin, (510) 730-7896
PR@aziyo.com

Collagen Matrix, Inc. Names Gregory Pomrink as Vice President, Research and Development


OAKLAND, N.J.March 21, 2018 /PRNewswire/ — Collagen Matrix, Inc., a leader in regenerative medicine and a global manufacturer of collagen and mineral based medical devices, announced today the appointment of Gregory Pomrinkas Vice President, Research and Development to further leverage its six proprietary technologies across the company’s five key business units in Dental, Spine, Orthopaedic, Dural Repair and Nerve Repair Surgery.

Greg joins the Collagen Matrix executive team as an accomplished medical device executive with over 30 years of extensive experience designing, developing and commercializing medical devices for the regeneration of bone and soft tissues.  “We are pleased to add Greg to our team as we continue to drive product development across our portfolio. Greg’s experience and knowledge will strengthen our executive team and I look forward to expanding our product pipeline across the various technology platforms that underlie Collagen Matrix,” said Bart J. Doedens, CEO of Collagen Matrix Inc.

Prior to joining Collagen Matrix, Greg held various Research and Development roles with LifeNet Health, NovaBone Products, Integra LifeSciences, Dentsply and Orthovita specializing in products for dentistry, sports medicine, orthopaedics/spine, and neurosurgery along with plastic and reconstructive surgery applications.  Greg has a Bachelor of Arts degree in Chemistry from Temple University along with a Master of Science degree in Chemistry from Lehigh University and a Master of Business Administration degree from Eastern University.

About Collagen Matrix
Collagen Matrix, Inc., founded in 1997, delivers a full line of the highest-quality collagen and mineral based medical devices that support the body’s natural ability to regenerate.  The Company currently manufactures finished medical devices in the areas of Dental, Spine, Orthopaedic, Dural Repair and Nerve Repair Surgery.  The evolution of the Company’s leadership, proprietary technologies, manufacturing expertise and product portfolio has established a solid foundation for continued growth. Opportunities continue to exist for collaboration through Product Distribution, Product Development and Contract Manufacturing.  More information about Collagen Matrix can be found at www.CollagenMatrix.com.

Contact: Margo Lane
201-405-1477
mlane@collagenmatrix.com

 

SOURCE Collagen Matrix, Inc.

Related Links

http://www.collagenmatrix.com

DermaPace Technology Suggests Promising Outcomes of Acoustic Pressure Shockwave Treatment for Venous Leg Ulcers (VLU)

SUWANEE, GA, March 08, 2018 (GLOBE NEWSWIRE) — SANUWAVE Health, Inc. (OTCQB: SNWV), an emerging medical technology company focused on the development and commercialization of noninvasive, biological response activating devices in regenerative medicine, announces the publication of research that investigated the use of the dermaPACE® System in the treatment of Venous Leg Ulcers (VLU) in a case study series.  The study, titled “Treating venous leg ulcers with Extracorporeal Shockwave Technology (ESWT)” by Charne Miller (LaTrobe University), Suzanne Kapp (University of Melbourne), Jade Green (LaTrobe University), William McGuiness (LaTrobe Alfred Health Clinical School), and Michael Woodward (Austin Health/University of Melbourne), appeared in Wounds International 2017, Volume 8 Issue 3.  The case series was implemented at a medical professional lead, multidisciplinary outpatient wound clinic in Melbourne, Australia.

The case study series consisted of 6 patients, meeting eligibility criteria, presenting with venous leg ulcers (VLU) and who agreed to receive the dermaPACE treatment.  In order to better understand wound response to dose and energy, treatment selection used the two highest energy settings on the dermaPACE System, delivered at a frequency of 240 pulses/min. The shockwave pulse count was a function of wound area (cm2) with larger wounds requiring more shockwaves for treatment and thus longer time per therapy session than smaller wounds. The protocol used recommended one treatment delivered each week for 10 weeks.

Positive wound healing effects were observed for the majority of patients receiving ESWT.  At the conclusion of the case series the majority of wounds were either healed or healing was anticipated in a subsequent visit.

  • Patient 1 received 5 treatments over the course of 5 weeks, the wound reduced in size from 7 cm2 to 1 cm2 at the final treatment.
  • Patient 2 received 8 treatments over the course of 11 weeks, the wound, with an initial area of 2.5 cm2 at the time of the first treatment, was completely closed by week 16.
  • Patient 3 received 4 treatments over approximately 2 months.  Within 2 weeks of the first treatment, the wound had new areas of epithelialization tissue.  By the end of two months, the wound had epithelialized 100%.
  • Patient 4 received 4 treatments over a 6 week period.  By seven weeks post-initial treatment, the wound was documented as near-closure.
  • Patient 5 received only 1 treatment but continued to receive alternative modalities for treatment over a 5 week period.  In this time, the wound reduced in size from 2.5 cm2 to 1.5 cm2.
  • Patient 6 received a total of 3 treatments over a 3 week period.  The wound size at the first treatment was 1.5 cm2 and increased to 2.5 cm2 in the first two weeks.  By the last treatment, the wound presented with a reduction in the extent of hypergranulation and healthier wound margin.

The purpose of this case series was to expand evidence regarding the viability and the concurrent healing outcomes when using ESWT to treat venous leg ulcers.  The capacity to deliver the scheduled weekly treatments was not, however, achieved in any instance. Participants did find the treatment to be acceptable. Pain was reported only twice and was concurrent to reports of wound pain.

The active treatment itself would typically last for only 2-3 minutes with preparation and clean up also requiring only approximately additional five minutes of time, making ESWT an extremely practical therapy to implement in a busy clinic environment. However, the capacity to see patients weekly was difficult to realize for a variety of reasons.  This case study series is one of the first to document the use of dermaPACE in “real-life” conditions and not under the controlled settings seen in typical clinical investigations.  This study represents a low level of evidence regarding the viability and effect of ESWT in treating venous leg ulcers. The method which is characterized by a small sample and the absence of a comparison group represent limitations in comparison to more rigorous research methodologies. However, the case series is an appropriate research design for a burgeoning area of clinical enquiry, where questions regarding feasibility, acceptability, and effectiveness remain.

Suzanne Kapp (Visiting Academic, The University of Melbourne/ Honorary Clinical Study Coordinator, Wound Clinic Austin Health) commented, “The treatment can be easily implemented for clinicians, and was generally acceptable for patients.  We were pleased to see positive wound healing outcomes for the majority of participants.  We see the results from this small sample study as the first step in an evolving program of scientific study that will refine the treatment regimen and adopt more rigorous research designs.”  Adds Charne Miller, Senior Lecturer, LaTrobe University, “The results from this small sample are very encouraging.  It is one of the most promising case series we’ve conducted in terms of wound progress and feasibility. dermaPACE certainly warrants further investigation.”

Kevin A. Richardson II, CEO of SANUWAVE, stated, “We initiated this small case series study to attempt to better understand the response of VLUs to varied energy and shock count delivery.  The results were much better than anticipated, especially where adherence to the defined protocol was limited.  This small example is the first to document the vast series of issues clinicians face in real-life clinical settings.  This furthers our strong belief that dermaPACE will fill an unmet need in the wound care community to provide safe, effective, and fast treatment of wounds.  Enhancing wound management will help to improve the patient’s quality of life, reduce the medical risks associated with uncontrolled wounds, and also reduce health management costs.  SANWUAVE is excited to work with Dr. Kapp and the rest of the team in Melbourne to determine the next steps in developing a full treatment regimen.”

The dermaPACE System received US FDA clearance in late December for the treatment of Diabetic Foot Ulcers (DFU).  The DFU market is 1.5 million cases per year in the US.  The VLU market is larger at 2.5 million cases per year, but the overall costs are similar to the market size of DFU.  This is a natural extension as SANUWAVE expands its indications in the wound category.  This is a first step in preparing clinical work to expand our indication into VLU’s.  We are looking forward to expanding our clinical work with the folks in Australia and launching some work in the US later this year.

About SANUWAVE Health, Inc.

SANUWAVE Health, Inc. (www.sanuwave.com) is a shock wave technology company initially focused on the development and commercialization of patented noninvasive, biological response activating devices for the repair and regeneration of skin, musculoskeletal tissue and vascular structures. SANUWAVE’s portfolio of regenerative medicine products and product candidates activate biologic signaling and angiogenic responses, producing new vascularization and microcirculatory improvement, which helps restore the body’s normal healing processes and regeneration. SANUWAVE applies its patented PACE technology in wound healing, orthopedic/spine, plastic/cosmetic and cardiac conditions. Its lead product candidate for the global wound care market, dermaPACE®, received US FDA clearance in December 2017 for the treatment of Diabetic Foot Ulcers.  dermaPACE is the only Extracorporeal Shockwave Technology (ESWT) device cleared or approved in the US for the treatment of DFUs.  Internationally, dermaPACE is CE Marked throughout Europe and has device license approval for the treatment of the skin and subcutaneous soft tissue in Canada, Australia and New Zealand, and South Korea.  SANUWAVE researches, designs, manufactures, markets and services its products worldwide, and believes it has demonstrated that its technology is safe and effective in stimulating healing in chronic conditions of the foot (plantar fasciitis) and the elbow (lateral epicondylitis) through its U.S. Class III PMA approved OssaTron® device, as well as stimulating bone and chronic tendonitis regeneration in the musculoskeletal environment through the utilization of its OssaTron, Evotron® and orthoPACE® devices in Europe, Asia and Asia/PacificIn addition, there are license/partnership opportunities for SANUWAVE’s shock wave technology for non-medical uses, including energy, water, food and industrial markets.

For additional information about the Company, visit www.sanuwave.com.

Contact:

Millennium Park Capital LLC
Christopher Wynne
312-724-7845
cwynne@mparkcm.com

SANUWAVE Health, Inc.
Kevin Richardson II
Chairman of the Board
978-922-2447
investorrelations@sanuwave.com

CellRight Technologies Signs Multi-Year Distribution Agreement With Arthrex, Inc.

March 06, 2018

SAN ANTONIO–(BUSINESS WIRE)–Tissue Regenix Group (AIM:TRX) (“Tissue Regenix” or “The Group”) the regenerative medical devices company today announces subsidiary CellRight Technologies (“CellRight”) has signed a long-term, multi-year distribution agreement with Arthrex, Inc., a premier innovator of orthopaedic surgical solutions.

CellRight, which produces industry leading verified osteobiologics for use in orthopaedic, spine and foot and ankle procedures, enhances the healing opportunities of defects caused by trauma and disease.

The multi-year commitment will give surgeons access to verified osteobiologics and advanced surgical instrumentation and techniques to help influence better patient outcomes.

“This long-term distribution agreement will allow physicans and patients better access to CellRight’s innovative orthobiologics through the Arthrex network,” said Jesus Hernandez, CEO for CellRight Technologies. Our shared vision of offering surgeons total solutions which can positively impact patient outcomes solidifies the decision of both companies to work together.”

Steve Couldwell, CEO Tissue Regenix Group plc commented: “This is a flagship distribution agreement for CellRight and the wider Tissue Regenix Group. It highlights the value of strategic partnerships with prestigious companies in this space. We look forward to working with Arthrex to bring the CellRight product portfolio to an extended network of healthcare professionals.”

CellRight Technologies and TRX Orthopedics, will be exhibiting at the American Academy of Orthopaedic Surgeons in New Orleans, March 7-10 and can be found at booth #5413.

About Tissue Regenix

Tissue Regenix is a leading medical devices company in the field of regenerative medicine. Tissue Regenix was formed in 2006 when it was spun-out from the University of Leeds, UK. The company’s patented decellularisation (‘dCELL®‘) technology removes DNA and other cellular material from animal and human soft tissue leaving an acellular tissue scaffold which is not rejected by the patient’s body and can then be used to repair diseased or worn out body parts. Current applications address many critical clinical needs such as sports medicine, heart valve replacement and wound care.

In November 2012 Tissue Regenix Group plc set up a subsidiary company in the United States – ‘Tissue Regenix Wound Care Inc.’, rebranded TRX BioSurgery in February 2018. January 2016 saw the establishment of joint venture GBM-V, a multi- tissue bank based in Rostock, Germany.

In August 2017 Tissue Regenix acquired CellRight Technologies®, a biotech company that specializes in regenerative medicine and is dedicated to the development of innovative osteoinductive and wound care scaffolds that enhance healing opportunities of defects created by trauma and disease. CellRight’s human osteobiologics may be used in spine, trauma, general orthopedic, foot & ankle, dental, and sports medicine surgical procedures.

Contacts

Tissue Regenix Group plc
Caitlin Pearson Head of Communications
Tel: (+44) 330 430 3073 / 07920272 441
or
FTI Consulting
Brett Pollard / Mo Noonan/ Rob Winder
Tel: 0203 727 1000