FibroBiologics Announces Filing of Patent Application for Wound Healing Using an Adhesive Bandage with Fibroblast Cell-Based Technology
August 20 2024 - 9:31AM
FibroBiologics, Inc. (Nasdaq: FBLG) (“FibroBiologics”), a
clinical-stage biotechnology company with 160+ patents issued and
pending with a focus on the development of therapeutics and
potential cures for chronic diseases using fibroblasts and
fibroblast-derived materials, announced the filing of a patent
application with the United States Patent Office covering the use
of fibroblast cell-based technology in an adhesive bandage for
wound healing.
“Our ongoing exploration of therapeutic
applications using fibroblast cells continues to provide unique
opportunities for our wound care platform,” commented Founder &
CEO of FibroBiologics, Pete O’Heeron. “This patent, if issued, will
allow us to pursue development of a room-temperature, shelf stable
bandage that could be used in the post-surgical and retail
setting.”
“We believe that leveraging the unique healing
capabilities of fibroblasts has the potential to transform wound
care as we know it,” added Chief Scientific Officer of
FibroBiologics, Hamid Khoja, Ph.D. “Combining the healing
properties of fibroblasts with a stable, long-term delivery system
could allow us to make advanced treatments more accessible to a
wider audience.”
Cautionary Statement Regarding
Forward-Looking Statements
This communication contains "forward-looking
statements" as defined in the Private Securities Litigation Reform
Act of 1995. Forward-looking statements include information
concerning potential product candidates, the potential of
fibroblasts to transform wound care and FibroBiologics’ ability to
make advanced treatments more accessible. These forward-looking
statements are based on FibroBiologics' management's current
expectations, estimates, projections and beliefs, as well as a
number of assumptions concerning future events. These
forward-looking statements are not guarantees of future
performance, conditions or results, and involve a number of known
and unknown risks, uncertainties, assumptions and other important
factors, many of which are outside FibroBiologics' management's
control, that could cause actual results to differ materially from
the results discussed in the forward-looking statements, including
those set forth under the caption "Risk Factors" and elsewhere in
FibroBiologics' annual, quarterly and current reports (i.e., Form
10-K, Form 10-Q and Form 8-K) as filed or furnished with the SEC
and any subsequent public filings. Copies are available on the
SEC's website, www.sec.gov. These risks, uncertainties, assumptions
and other important factors include, but are not limited to: (a)
risks related to FibroBiologics' liquidity and its ability to
maintain capital resources sufficient to conduct its business; (b)
expectations regarding the initiation, progress and expected
results of our R&D efforts and preclinical studies; (c) the
unpredictable relationship between R&D and preclinical results
and clinical study results; and (d) the ability of FibroBiologics
to successfully prosecute its patent applications. Forward-looking
statements speak only as of the date they are made. Readers are
cautioned not to put undue reliance on forward-looking statements,
and FibroBiologics assumes no obligation and, except as required by
law, does not intend to update, or revise these forward-looking
statements, whether as a result of new information, future events,
or otherwise. FibroBiologics gives no assurance that it will
achieve its expectations.
About FibroBiologics
Based in Houston, FibroBiologics is a clinical-stage
biotechnology company developing a pipeline of treatments and
potential cures for chronic diseases using fibroblast cells and
fibroblast-derived materials. FibroBiologics holds 160+ US and
internationally issued patents/patents pending across various
clinical pathways, including disc degeneration, orthopedics,
multiple sclerosis, psoriasis, wound healing, reversing organ
involution, and cancer. FibroBiologics represents the next
generation of medical advancement in cell therapy. For more
information, visit www.FibroBiologics.com.
General
Inquiries:info@fibrobiologics.com
Investor Relations:Nic Johnson Russo
Partners212-845-4242fibrobiologicsIR@russopr.com
Media Contact:Liz PhillipsRusso Partners(347)
956-7697Elizabeth.phillips@russopartnersllc.com
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