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August 29, 2016 OrthoSpineNews

MARIETTA, Ga., Aug. 29, 2016 /PRNewswire/ — MiMedx Group, Inc. (NASDAQ: MDXG), the leading regenerative medicine company utilizing human amniotic tissue and patent-protected processes to develop and market advanced products and therapies for the Wound Care, Surgical, Orthopedic, Spine, Sports Medicine, Ophthalmic, and Dental sectors of healthcare, announced today an update to  its intellectual property portfolio.

Since the last update of the MiMedx patent portfolio in the Company’s November 19, 2015 press release, the U.S. Patent and Trademark Office has issued six new patents to MiMedx. Of these six, five were issued for the Company’s amniotic membrane allograft product lines and one was issued for the Company’s CollaFix technology platform:

U.S. Patent Number Title Patent Issue Date
9,216,077 “MEDICAL CONSTRUCTS OF TWISTED LENGTHS OF COLLAGEN FIBERS AND METHODS OF MAKING SAME” 22-Dec-2015
9,265,800 “PLACENTAL TISSUE GRAFTS” 23-Feb -2016
9,265,801 “PLACENTAL TISSUE GRAFTS” 23-Feb -2016
9,272,005 “PLACENTAL TISSUE GRAFTS” 01-Mar -2016
9,272,003 “PLACENTAL TISSUE GRAFTS” 01-Mar-2016
9,415,074 “PLACENTAL TISSUE GRAFTS” 16-Aug-2016

The ‘077 patent expands the portfolio of MiMedx patents related to the Company’s proprietary methodology for the linear organization of natural collagen fibers to form the mechanical construct for optimal stiffness and strength to treat orthopedic and other conditions such as tendon repair. The ‘800; ‘801; ‘005; ‘003; and ‘074 patents further add to the portfolio of patents issued to the Company for its proprietary methodology of preparing placental membrane tissue grafts for medical use.

Parker H. “Pete” Petit, Chairman and CEO, said, “We are continually creating and developing new intellectual property as well as adding to our portfolio of patents that protect our existing  intellectual property. At present, the Company’s robust patent portfolio consists of 33 amniotic and placental patents issued and allowed, and nearly 100 amniotic patent applications pending with the U.S Patent and Trademark Office. Counting all of the MiMedx technologies, we currently have over 200 patents issued or pending.”

Bill Taylor, President and COO, added, “We are strongly resolute in enforcing our rights when our patents are infringed upon. Often, this includes complex and costly litigation; however, this is essential if we want to protect our intellectual property to the fullest extent.”

MiMedx also announced today that a finding has been rendered from the Patent Trial and Appeal Board (“PTAB”) of the United States Patent and Trademark Office regarding MiMedx’s United States Patent No. 8,372,437. As with the PTAB’s recent ruling on the ‘687 embossment patent, the PTAB ruled that the ‘437 patent was invalid based on alleged prior art rendering it obvious. This ‘437 patent is not primary to MiMedx’s proprietary processing of amniotic tissues, which processing preserves the cytokines, growth factors, proteins and other critical factors that enhance the clinical performance of the MiMedx dehydrated human amnion/chorion membrane (“dHACM”) allografts.

Petit stated, “The ancillary ‘437 patent is simply one among our robust patent portfolio, and this decision has zero impact on any of our other issued patents and pending applications. Most importantly, the PTAB finding on the ‘437 patent has no bearing on our cornerstone EpiFix® and AmnioFix® patents, the 8,709,494 and 8,323,701 patents, respectively. The validity of these patents was recently upheld by the PTAB. In addition, it should be noted that the PTAB’s decision utilized a far broader standard for construing claims than what is utilized in federal courts. We believe that standard undoubtedly led to the flawed outcome.  And, while the ‘437 patent is by no means one of our primary patents, we believe the decision is fundamentally incorrect and we plan to appeal.”

“We have other claims more relevant to product effectiveness and efficacy that are embedded in our other patents covering the topics included in the broad ‘437 patent. The PTAB ruling does not affect our active district court litigations on the cornerstone EpiFix® and AmnioFix® patents, in which Musculoskeletal Transplant Foundation, Inc. (“MTF”), Liventa Bioscience, Inc. and Medline Industries, Inc. are defendants in the one case, and Transplant Technology, Inc. d/b/a Bone Bank Allografts and Texas Human Biologics, Ltd., are defendants in the other case. Those lawsuits remain pending with upcoming trials. As mentioned in our August 11, 2016 press release, the strength of our patent portfolio and the upheld validity of our cornerstone patents contribute to our high confidence for the successful outcome of our pending lawsuits,” noted Taylor.

Petit added, “We are working diligently to bring our patent litigation to closure and look forward to reporting to shareholders positive results from these first trials.  Some of these litigation issues can be quite complex so we will continue to inform shareholders of relevant actions.  The key issue is that if we are successful in these trials, we will have access to injunctive relief in terms of stopping other competitors from selling products that infringe our patents.  We will then be able to proceed against other violators of our patents and seek injunctive relief to stop their distribution of these infringing products.”

“Businesses ultimately succeed or fail through competition in the marketplace.  We have proven our ability to compete and win in the marketplace with our products over the last five years.  However, as a patent holder, we also believe it is worth investing time and expense on the legal front as well to protect the extensive effort that we have put into the development of our patents,” concluded Petit.

About MiMedx
MiMedx® is an integrated developer, processor and marketer of patent protected and proprietary regenerative biomaterial products and bioimplants processed from human amniotic membrane and other birth tissues and human skin and bone.  “Innovations in Regenerative Biomaterials” is the framework behind our mission to give physicians products and tissues to help the body heal itself.  The MiMedx allograft product families include our: dHACM family with AmnioFix®, EpiFix® and EpiBurn® brands; Amniotic Fluid family with OrthoFlo brand; Umbilical family with EpiCord™ and AmnioCord™ brands; Placental Collagen family with CollaFix™ brand; Bone family with Physio® brand; and Skin family with AlloBurn™ brand. AmnioFix,  EpiFix, and EpiBurn are our tissue technologies processed from human amniotic membrane; OrthoFlo is an amniotic fluid derived allograft;  EpiCord™ and AmnioCord™ are derived from the umbilical cord; Physio is a unique bone grafting material comprised of 100% bone tissue with no added carrier; AlloBurn is a skin product derived from human skin designed for the treatment of burns; and  CollaFix, our next brand we plan to commercialize, is our collagen fiber technology, developed with our patented cross-linking polymers, designed to mimic the natural composition, structure and mechanical properties of musculoskeletal tissues in order to augment their repair.

We process the human amniotic membrane utilizing our proprietary PURION® Process, to produce a safe and effective implant. MiMedx is the leading supplier of amniotic tissue, having supplied over 600,000 allografts to date for application in the Wound Care, Burn, Surgical, Orthopedic, Spine, Sports Medicine, Ophthalmic and Dental sectors of healthcare.

Safe Harbor Statement
This press release includes statements that look forward in time or that express management’s beliefs, expectations or hopes. Such statements are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to the  Company’s approach to new patent filings and applications and enforcing its rights when its patents are infringed upon are essential elements of protecting its intellectual property; the Company’s belief that the PTAB’s finding that the ‘437 patent is invalid was wrongly decided; the Company’s belief that the standard employed by the PTAB led to the flawed ruling; the belief that the ‘437 patent is a novel concept; the Company’s beliefs that claims more relevant to product effectiveness and efficacy are embedded in its other patents covering the topics included in the broad ‘437 patent; the Company’s belief that it has proven its ability to compete and win in the marketplace with its products over the last five years; and the fact that both the ‘494 and ‘701 patents were upheld in IPR challenges gives the Company confidence that it will fully prevail at the conclusion of the two noted lawsuits at trial. Among the risks and uncertainties that could cause actual results to differ materially from those indicated by such forward-looking statements include  the patents that have been developed and the Company’s approach to filing and enforcement of its rights may not provide sufficient protection of the Company’s intellectual property assets; that the Company’s development of patentable technology may not continue at the same pace; the fact that the ‘494 and ‘701 patents were upheld in IPR challenges does not require that the patents be upheld at trial; if appealed, the PTAB decision on the ‘437 patent may still be upheld, despite the Company’s belief that the case was wrongly decided and that the patent is a novel concept; the Company’s ability to successfully compete in the marketplace may change in the future; the normal risks and uncertainties of litigation; and the risk factors detailed from time to time in the Company’s periodic Securities and Exchange Commission filings, including, without limitation, its 10-K filing for the fiscal year ended December 31, 2015 and its most recent 10Q. By making these forward-looking statements, the Company does not undertake to update them in any manner except as may be required by the Company’s disclosure obligations in filings it makes with the Securities and Exchange Commission under the federal securities laws.

SOURCE MiMedx


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August 29, 2016 OrthoSpineNews

August 29, 2016 03:13 AM Eastern Daylight Time

SAINT PREX, Switzerland–(BUSINESS WIRE)–Ferring Pharmaceuticals announced today that it has signed an agreement with Seikagaku Corporation granting Ferring the exclusive worldwide rights (excluding Japan) to SI-6603 (condoliase), a chemonucleolytic product in Phase III development for the treatment of radicular leg pain (e.g. sciatica) due to lumbar disc herniation.

Seikagaku has been developing condoliase for the U.S. and Japan and has two on-going Phase III clinical trials (a pivotal double-blind study and an open-label safety study). Seikagaku is responsible for completing development and obtaining U.S. regulatory approval. Following approval from the Food and Drug Administration, Ferring will commercialize the product in the United States and has received further rights to develop, register and commercialize condoliase worldwide, excluding Japan. In consideration, Ferring will pay Seikagaku an upfront licensing fee, development and regulatory milestones and royalties.

“We believe condoliase may answer a substantial unmet need among those patients suffering from radicular leg pain due to lumbar disc herniation,” said Michel Pettigrew, President of the Ferring Executive Board and COO. “This is a significant opportunity to expand our global Orthopaedics franchise with a new innovative drug therapy.”

“Condoliase is an exciting product being developed with the potential to return a proven mechanism, chemonucleolysis, as a treatment alternative for radicular leg pain associated with lumbar disc herniation,” said Gunnar Andersson, MD, Professor and Chairman Emeritus of the Department of Orthopaedic Surgery at Rush University Medical Center in Chicago, U.S.A.

“Condoliase could offer a non-surgical alternative to patients for whom conservative therapy and/or corticosteroid injections have failed to provide durable relief, while maintaining the option for surgery should it later become medically necessary,” said Ray Baker, MD, past president, North American Spine Society.

About radicular leg pain and Condoliase (SI-6603)

Lumbar disc herniation (LDH) is the result of a progressive and degenerative process within the intravertebral disc (IVD) that affects between 1.6% of the general population to 43% of individuals in selected working groups worldwide, with the majority of incidents occurring in the fourth and fifth decades of life1,2. In the US, 3 to 5% of the population is symptomatic (i.e. sciatica)3. The IVD is made up of the nucleus pulposus and annulus fibrosis that together cushion and allow flexibility within the spine. The disc herniation may increase pressure on a surrounding root nerve resulting in lower back pain and radicular leg pain (e.g. sciatica).

Condoliase is being developed for use as a chemonucleolysis treatment to break down selected components of the IVD, primarily within the nucleus pulposus. This reduces its water content and volume, thereby relieving disc pressure and compression on the spinal nerve root. A Japanese Phase III study (163 patients) met its primary endpoint of significantly reducing worst leg pain at 13 weeks (vs. a saline placebo injection) with sustained relief at 52 weeks4.

About Ferring Pharmaceuticals

Headquartered in Saint-Prex, Switzerland, Ferring Pharmaceuticals is a research-driven, specialty biopharmaceutical group active in global markets. The company identifies, develops and markets innovative products in the areas of reproductive health, urology, gastroenterology, endocrinology and orthopaedics. Ferring has its own operating subsidiaries in nearly 60 countries and markets its products in 110 countries. To learn more about Ferring or its products please visit www.ferring.com.

FERRING is a trademark of Ferring B.V.

1 Konstantinou, K., Dunn, K.M. Spine (Phila Pa 1976) 2008, 33, 2464-2472

2 Ropper, A.H., Zafonte, R.D. New Engl J Med 2015, 372, 1240-1248

3 Tarulli, A, W et al. Neurol Clin 2007, 25, 387-405

4 Seikagaku (Study 6603/1031) Data on File)

Contacts

US
Patrick Gorman
+1-862-286-5035
patrick.gorman@ferring.com
or
Global
Lindsey Rodger
+41-58-451-40-23
lindsey.rodger@ferring.com


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August 29, 2016 OrthoSpineNews

INCLINE VILLAGE, Nev., Aug. 29, 2016 /PRNewswire/ — PDL BioPharma, Inc. (NASDAQ: PDLI) (PDL or the Company) today announced that PDL has received approximately $57.4 million in connection with the termination of PDL’s credit agreement with Paradigm Spine, LLC, which included a repayment of the full principal amount outstanding of $54.7 million as well as accrued interest and a prepayment fee.  In February 2014, PDL entered into a credit agreement with Paradigm Spine in which it made available up to $75.0 million of debt financing with a five-year term, and initially provided $50.0 million, net of fees. PDL subsequently provided an additional $4.0 million in October 2015 as part of an amendment to the credit agreement.

“We are pleased with the successful conclusion of our debt financing to Paradigm Spine and the return on investment it has generated for PDL. This marks the fifth matured investment of the 17 income generating asset transactions we have entered into since we began these efforts in mid-2012,” stated John P. McLaughlin, president and chief executive officer of PDL. “We congratulate Paradigm Spine on their commercial progress and thank them for the opportunity to partner with them by offering debt financing to support their commercialization efforts.”

About PDL BioPharma, Inc.

PDL seeks to acquire pharmaceutical products through equity investments and also provide growth capital and financing solutions to late-stage public and private healthcare companies, including immediate financial monetization of royalty streams to companies, academic institutions, and inventors. PDL has committed over $1.4 billion and funded approximately $1.1 billion in these investments to date. PDL evaluates its investments based on the quality of the income generating assets and potential returns on investment. PDL is currently focused on acquiring and managing income generating assets, and maximizing value for its stockholders.

The Company was formerly known as Protein Design Labs, Inc. and changed its name to PDL BioPharma, Inc. in 2006. PDL was founded in 1986 and is headquartered in Incline Village, Nevada. PDL pioneered the humanization of monoclonal antibodies and, by doing so, enabled the discovery of a new generation of targeted treatments for cancer and immunologic diseases for which it receives significant royalty revenue.

PDL BioPharma and the PDL BioPharma logo are considered trademarks of PDL BioPharma, Inc.

Logo – http://photos.prnewswire.com/prnh/20110822/SF55808LOGO

SOURCE PDL BioPharma, Inc.


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August 29, 2016 OrthoSpineNews

FARMINGDALE, N.Y., Aug. 29, 2016 /PRNewswire/ — Misonix, Inc. (NASDAQ: MSON), an international surgical device company that designs, manufactures and markets innovative therapeutic ultrasonic products for spine surgery, neurosurgery, wound debridement, skull based surgery, laparoscopic surgery and other surgical applications, announced that, effective September 2, 2016, Michael A. McManus, Jr. is resigning as a Director and Chairman of the Board of Directors of Misonix and retiring as the Company’s President and Chief Executive Officer.

Effective September 2, 2016, Stavros G. Vizirgianakis, a member of the Misonix Board of Directors, will serve, on an unpaid basis, as Misonix’s interim Chief Executive Officer. Misonix and Mr. Vizirgianakis are in negotiations for him to accept employment as Misonix’s full-time Chief Executive Officer.

Mr. Vizirgianakis has served on the Misonix Board since May 2013. He holds a 5.7% ownership stake in Misonix. He has been involved with Misonix as early as September 2010 as the owner of a company acting as Misonix’s South African distributor.

Mr. Vizirgianakis said, “I am honored to be asked to serve as interim Chief Executive Officer and am excited about the Company’s products and future.  The Misonix team will no doubt continue to put forth their best efforts to design, develop and manufacture cutting-edge technology for the medical device field.”

Mr. McManus commented, “After 16 years as CEO, I retire with gratitude for the dedicated professionals who have contributed to the Company’s innovation and growth, and with great confidence in the Company’s future potential and the leadership ofStavros Vizirgianakis. I look forward to doing whatever I can to be helpful to him as he transitions to his new role.”

About Misonix
Misonix, Inc. designs, develops, manufactures and markets therapeutic ultrasonic medical devices. Misonix’s therapeutic ultrasonic platform is the basis for several innovative medical technologies. Addressing a combined market estimated to be in excess of $1.5 billion annually; Misonix’s proprietary ultrasonic medical devices are used in spine surgery, neurosurgery, orthopedic surgery, wound debridement, cosmetic surgery, laparoscopic surgery, and other surgical and medical applications.  Additional information is available on the Company’s Web site at www.misonix.com.

Safe Harbor Statement
With the exception of historical information contained in this press release, content herein may contain “forward looking statements” that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on management’s current expectations and are subject to uncertainty and changes in circumstances. Investors are cautioned that forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the statements made. These factors include general economic conditions, delays and risks associated with the performance of contracts, risks associated with international sales and currency fluctuations, uncertainties as a result of research and development, acceptable results from clinical studies, including publication of results and patient/procedure data with varying levels of statistical relevancy, risks involved in introducing and marketing new products, potential acquisitions, consumer and industry acceptance, litigation and/or court proceedings, including the timing and monetary requirements of such activities, the timing of finding strategic partners and implementing such relationships, regulatory risks including approval of pending and/or contemplated 510(k) filings, the ability to achieve and maintain profitability in the Company’s business lines, and other factors discussed in the Company’s Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. The Company disclaims any obligation to update its forward-looking relationships.

Corporate Contact  Investor Contact
Misonix Contact: Joe Diaz
Richard Zaremba Lytham Partners
631-694-9555 602-889-9700
invest@misonix.com info@misonix.com

Logo – http://photos.prnewswire.com/prnh/20160201/328020LOGO

 

SOURCE Misonix, Inc.

Related Links

http://www.misonix.com


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August 29, 2016 OrthoSpineNews

By Zachary Brennan – August 23, 2016

The US Food and Drug Administration (FDA) and medical device industry have agreed in principle to a new user fee program that will see the agency collect $999.5 million in user fees, which is more than $400 million more than the five-year user fee program set to expire in 2017.

Under the new draft agreement, which is part of the fourth reauthorization of  the Medical Device User Fee Agreement, FDA would use the funds for a whole host of new programs, including the addition of 20 full time employees (FTEs) to establish a new quality management framework, and $30 million to implement a system that improves the quality of real-world evidence (RWE) and linkages among data sources to enable greater use of RWE in the premarket setting.

Other initiatives outlined in the last reauthorization meeting held with industry in May include:

  • $12 million to strengthen the Third Party Premarket Review program
  • $8.5 million to improve employee retention through incentive pay for managers using existing authorities and policies
  • $6 million for an independent assessment of the review process, including a more complete assessment of MDUFA III improvements and outcomes
  • Funding for 36 to 43 FTEs to hire reviewers to increase premarket review capacity
  • Funding for 34 to 44 FTEs and $3 million to improve the pre-submission process and provide written feedback on 80 to 85% of pre-submissions (depending on number of FTEs supported) within 70 days or 5 calendar days prior to the meeting, whichever comes sooner
  • Funding for 28 to 38 FTEs and $1 million to complete 70% of de novo submissions within 120 to 150 days (depending on number of FTEs supported and assuming a workload of 50 de novo submissions per year, which is lower than the assumptions for previous proposals)
  • $4.5 million for the development of the my Devices submission and tracking portal
  • An unspecified amount of funding for 20 FTEs to hire additional supervisors to reduce the ratio of supervisors to reviewers, thus increasing the capacity of branch chiefs to provide greater oversight and ensure consistency of review procedures
  • $4 million to implement more effective recruitment and hiring
  • Funding for 13 FTEs and $3.6 million to provide for consistent review of software, streamlining and aligning FDA review processes with software lifecycles, continued engagement in international harmonization efforts related to software review, and other activities related to digital health
  • Funding for three FTEs to establish central program management for CLIA Waiver by Application submissions, with an option to fund an additional two FTEs plus $1 million in special operating costs to complete 90% of stand-alone CLIA Waiver applications that do not have a panel meeting in 180 to 150 days (depending on number of FTEs supported), 90% of Dual 510(k) and CLIA Waiver applications in 210 to 200 days, and 90% of stand-alone CLIA Waiver applications that have a panel meeting in 330 to 320 days (pending the review of potential legal impediments)
  • Funding for 12 FTEs and $3.5 million to develop internal FDA expertise on patient engagement, support the increased use of patient preference information (PPI) and patient reported outcomes (PROs) in premarket submissions, outline a flexible framework for PRO validation, and clarify the optional use of PROs
  • Funding for five FTEs and $2.45 million to establish a conformance assessment program for certified testing laboratories who evaluate medical devices according to certain FDA-recognized standards

 

READ THE REST HERE


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August 29, 2016 OrthoSpineNews

Ness Ziona, Israel, August 17, 2016 – CollPlant Ltd. (TASE: CLPT), a regenerative medicine company utilizing its proprietary plant-based rhCollagen technology for tissue repair products, today announced positive final extended clinical trial results for Vergenix™STR for the treatment of tendinopathy. The Company anticipates receiving CE mark approval for Vergenix™STR in the third quarter of 2016.

The prospective, open label, single-arm trial was conducted at three leading Israeli hospitals (Meir Medical Center, Assaf Harofeh Medical Center and Hadassah Hospital), and the trial’s objective was to demonstrate the safety and performance of Vergenix™STR in 40 patients suffering from inflammation of the elbow tendon, commonly referred to as tennis elbow. All patients were followed for a total of six months after a single treatment. Product performance was assessed by measuring reduction in pain and recovery of motion, as reported by the specific Patient Related Tennis Elbow Evaluation questionnaire (“PRTEE”).

At three months following treatment, Vergenix™STR patients (N=39) reported an average PRTEE score improvement of 51% over baseline. At six-month follow-up, Vergenix™STR patients (N=36) reported a mean PRTEE score improvement of 59% over baseline.

The performance of Vergenix™STR also compared favorably to published results of corticosteroid injection, which is the standard-of-care therapy for tennis elbow (1) . At three months following treatment, 74% of Vergenix™STR patients reported a 25% or better PRTEE score improvement while, in the published controlled trial, 48% of steroid patients showed at least a 25% reduction in pain and disability(2) . Further, at six month follow-up, 86% of Vergenix™STR patients reported a 25% or better PRTEE score improvement, while 36% of steroid patients showed at least a 25% reduction in pain and disability.

An additional analysis utilizing a threshold of at least 50% improvement in PRTEE score showed that at three months following treatment, 62% of Vergenix™STR patients showed at least a 50% improvement in PRTEE score while, in the published controlled trial, 33% of steroid patients had at least a 50% reduction in pain and disability (3) . At six month follow-up, 64% of Vergenix™STR patients showed at least a 50% improvement in PRTEE score, while 17% of steroid patients showed at least a 50 % reduction in pain and disability.

Yehiel Tal, Chief Executive Officer of CollPlant, stated, “We are very pleased with the final extended trial results, which we believe illustrate the significant potential advantages of Vergenix™STR over steroids, which are traditionally used as first line treatment for tendinopathy patients. CollPlant is making substantial progress towards commercialization, and we look forward to receiving CE Mark approval later this quarter, and making Vergenix™STR available to patients as soon as possible.”

About Vergenix™STR

Vergenix™STR, intended for the treatment of a range of tendon injuries, incorporates CollPlant’s recombinant human collagen in combination with platelet-rich plasma (PRP) derived from the patient’s blood. Following its injection into the injured site, the product transitions from a fluid to a solid phase, whereupon, it releases, in a controlled fashion, platelet-derived proteins. These proteins, in combination with collagen, induce the healing effect on the tendon.

About CollPlant

CollPlant is a regenerative medicine company leveraging its proprietary, plant-based rhCollagen technology for the development and commercialization of tissue repair products, initially for the orthobiologics and advanced wound care markets. The Company’s cutting-edge technology is designed to generate and process proprietary recombinant human collagen (rhCollagen), among other patent-protected recombinant proteins. Given that CollPlant’s rhCollagen is identical to the type I collagen produced by the human body, it offers significant advantages compared to currently marketed tissue-derived collagen, including improved biofunctionality, superior homogeneity and reduced risk of immune response. The Company’s broad development pipeline includes biomaterials indicated for orthopedics and advanced wound healing. Lead products include: Vergenix™STR (Soft Tissue Repair Matrix), for the treatment of tendinopathy; Vergenix™FG (Flowable Gel) wound filler, for treatment of acute and chronic wounds, and; Vergenix™BVF (Bone Void Filler), for use in spinal fusion procedures and trauma. CollPlant’s business strategy includes proprietary development and manufacturing of tissue repair products and their commercialization and distribution, together with leading third parties, alongside alliances with leading companies for joint development, manufacturing and marketing of additional products.

For more information about CollPlant, visit http://www.collplant.com

 

 

Contact at CollPlant:

Eran Rotem, Chief Financial Office, Tel: +972-73-2325600/612

Email: Eran@collplant.com

Contact at Rx Communications Group, LLC

Paula Schwartz (for US Investors)

Managing Director

Tel: 917-322-2216

Email: pschwartz@RxIR.com


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August 29, 2016 OrthoSpineNews

By Stewart Eisenhart, Emergo Group

Brazil’s medical device market regulator ANVISA will implement new rules for more efficient transfers of device registrations between Brazilian Registration Holders (BRH).

After Emergo first reported on ANVISA’s transfer rule change plans in July 2016, the regulator has now issued RDC 102/2016 that introduces official regulation on those changes, set for implementation on December 25, 2016.

“With these new rules, it will be possible to transfer a device registration in Brazil without the need to have a corporate relationship,” explains Luiz Levy, Director of QA/RA at Emergo’s office in Brasilia. Existing regulations allow such transfers only in limited cases such as mergers and acquisitions.

Key features of the new transfer rules

RDC 102/2016 lays out several top-level requirements to which BRHs must adhere for proper transfers of registrations:

  • The original registration holder must give contractual permission for transfer to the new holder
  • Transfers must be submitted for ANVISA approval within 180 days of agreement signings
  • Transfers do not require the consent of the device’s legal manufacturer—a distributor acting as a BRH could sell a registration to another distributor or BRH without notifying the device’s manufacturer
  • Transfers may be requested for devices already registered with ANVISA as well as for devices that have been submitted but not yet approved for registration
  • Transfers go into effect 90 days after publication in the Official Diary in order to ensure issues such as labeling and stock depletions are addressed

 

READ THE REST HERE


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August 28, 2016 OrthoSpineNews

By Shaun Gallagher

WARSAW, Ind. — While Northern Indiana is known as the RV Capital of the world, just an hour south of us, the orthopedic industry could give the RV industry a run for its money.

“The local companies here generate $17 billion in revenue annually,” Sheryl Conley, President & CEO of Orthoworx said. “It has $5 billion of impact to the state of Indiana on very many economic levels. It is critical to us. it is an industry that’s continuing to grow.”

For this growing industry, dozens of legislators came to Warsaw to hear about the economic boom it provides for the state.

“It’s increasingly known as the orthopedic implant capital of the world,” Chris Cerone, VP of Global Government Affairs for Zimmer Biomet said. “It’s a tremendous American success story. I have an opportunity to travel to other countries and one of the best things I do is talk about Warsaw and it’s importance to patients, health care and the importance to the economy of both Warsaw the region and the state and the US economy as well.”

While the industry is booming in Indiana and the country, it’s also big internationally and Warsaw is globally recognized as the hub of orthopedics devices.

 

READ THE REST HERE


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August 27, 2016 OrthoSpineNews

Written by  Laura Dyrda

CMS is proposing to add eight spine codes to the list of ASC covered procedures in 2017, according to the International Society for the Advancement of Spine Surgery.

The eight procedures are:

1. Autograft for spine surgery (includes harvesting the graft); local (eg, ribs, spinous process or laminar fragments) obtained from the same incision (List separately in addition to code for primary procedure): 20936

2. Autograft for spine surgery only (includes harvesting the graft); morselized (through separate skin or fascial incision) (List separately in addition to code for primary procedure): 20937

 

READ THE REST AT BECKER’S


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August 27, 2016 OrthoSpineNews

By STEPHEN MATTHEWS FOR MAILONLINE

A toddler with a crooked spine must wear a special cast for 24 hours a day to prevent his lungs from being crushed.

Charlie Ferris can not even bathe while he wears the suit because water would prevent it from working properly.

The 13-month-old, from County Tyrone, Northern Ireland, has scoliosis – twisting of the spine – which if left untreated could kill him.

His family were told he would need to wear a plaster jacket for four months to stop the curve from becoming worse.

But after scans revealed his condition was deteriorating rapidly, his alarmed parents travelled to the US for a special cast which moulds his spine back into shape – in an attempt to save his life.

‘But I didn’t care how much it cost. We’d live in a tent if needs be to pay for the treatment and getting there. I was prepared to move.’

They first noticed Charlie’s back was twisted in October 2015 after his father Jody, 36, noticed an abnormal bend.

After an X-ray at Belfast’s Musgrave Park Hospital, he was officially diagnosed with infantile scoliosis and doctors confirmed he had a 28° curvature.

Read more: http://www.dailymail.co.uk/health/article-3759667/Toddler-42-degree-curve-spine-wear-body-cast-prevent-crushing-lungs-killing-him.html#ixzz4IVGjAOYb