Orthocell Granted European Tendon Regeneration Patent
December 14 2017 - 7:04PM
Business Wire
- The European Patent Office has granted
a patent entitled ‘Culture medium, culturing method and use of
tenocytes’
- Patent covers the method of
manufacturing tendon regeneration cells (Tenocytes) to form the
Autologous Tenocyte Implantation (Ortho-ATI®) product
- Strengthens global intellectual
property position for Orthocell’s Ortho-ATI® tendon regeneration
product
Regenerative medicine company Orthocell Limited (ASX:OCC,
“Orthocell” or the “Company”) is pleased to announce it has been
granted a key European Patent. The patent is entitled ‘Culture
medium, culturing method and use of tenocytes’ protecting the
method of manufacturing tendon regeneration cells (Tenocytes) to
form the Autologous Tenocyte Implantation (Ortho-ATI®) product. The
patent expires in 2027 and provides additional important
intellectual property (IP) to protect Orthocell’s tendon repair
applications, now granted in EU, USA, China, Australia, Singapore,
Hong Kong and New Zealand.
“Securing this patent for tendon repair in Europe is another
milestone in strengthening our IP position as we drive our novel
world leading tendon repair product into the global market.
Orthocell is focused on building and maintaining patent protection
for our regenerative medicine technologies and treatment
processes,” Orthocell Managing Director Paul Anderson said.
Global IP protection for Ortho-ATI® further underpins the
international rollout of Orthocell’s world leading tendon repair
technology. Orthocell is well positioned to commercialise
Ortho-ATI® with mature manufacturing facilities in place, proven
safety and efficacy, published clinical data and a clear pathway to
market.
Orthocell maintains an active program of patenting, with
ownership of 29 granted patents across the Ortho-ATI®, Ortho-ACI®
and CelGro® technologies, and related methods of treatment and
manufacturing.
About Ortho-ATI®:
Ortho-ATI® is a world leading breakthrough in regenerative
medicine – a novel, cell therapy developed to treat chronic
degenerative tendon injuries (tendinopathy / tendonitis), it can be
utilised in both surgical and non-surgical applications.
- Tendon injury and its end point,
tendinopathy, are a common cause of occupational and sporting
disability reported to affect 1% to 3% of the general population
every year
- Significant financial burden to the
public health care system expected to increase as the population
ages, as a result, new treatments are required that are safe,
effective and cost efficient
- Ortho-ATI® meets the market need by
enabling the accelerated regeneration of injured tendons, directly
addressing the underlying cause of injury, replenishing
degenerative tissue with healthy mature tendon cells (known as
tenocytes)
- Extensive clinical validation with
published clinical data up to 4.5 years post treatment in leading
peer reviewed journals, (e.g. American Journal Sports Medicine)
clearly demonstrating durability and efficacy as the leading tendon
regeneration treatment
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version on businesswire.com: http://www.businesswire.com/news/home/20171214006484/en/
General enquiriesOrthocell LimitedPaul
Anderson, +61 8 9360 2888Managing
Directorpaulanderson@orthocell.com.auorInvestor and Media
enquiriesWE BuchanBen Walsh, + 61 411 520
012bwalsh@buchanwe.com.au
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