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Examples
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Following on this model, Medgenics is exploring opportunities for further commercial interest in new applications using the Biopump platform to provide superior delivery and treatment over existing protein therapies.
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Medgenics believes its unique technology aligns the Company with the objectives and priorities of the recent U.S. healthcare reforms, since the Biopump directly addresses major objectives such as:
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As the Biopump processing centre model evolves, an additional concept for partnering has emerged and garnered interest from potential partners: the establishment and operation of regional or even local Biopump processing centres.
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This first deal validated the commercial appeal of the Biopump value proposition, the strength of the Biopump science, brought needed funds to our operations and strengthened our ongoing efforts to raise equity funding.
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In addition to EPODURE, we are continuing to advance our pipeline development of other protein therapies on the Biopump platform.
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This model can offer pharmaceutical partners the advantages of Biopump therapy in their market applications, building on their existing infrastructure for selling injected therapeutics, while sparing them the need to establish their own Biopump processing centres.
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Medgenics signs $7 million agreement to develop the Biopump technology for Factor VIII
THE MEDICAL NEWS Editors 2010
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Medgenics signs $7 million agreement to develop the Biopump technology for Factor VIII
THE MEDICAL NEWS Editors 2010
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This demonstration of the Biopump as a platform technology helped convince our first pharmaceutical partner, a market leader in the field of haemophilia, to pursue with us a new application of the Biopump: to produce blood clotting Factor VIII, which if successful, could revolutionize the treatment of haemophilia.
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In addition to developing new protein applications of the Biopump, the Company has advanced, and continues to advance, its planning for practical scale-up and commercial implementation of its Biopump treatment technology.
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