BioTissue Technologies AG
BioTissue AG english
Ad hoc announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
——————————————————————————–
BioTissue Technologies AG closes cooperation with Cell-Lining
BioTissue Technologies AG (WKN 618061), Freiburg, quoted on the Neuer Markt and
Cell-Lining Gesellschaft für Zellkultivierung mbh, Berlin, have closed a
cooperation and option agreement as of July 1, 2001. The objective of the
cooperation is to achieve market maturity for the vessel protheses coated with
autologous (body own) cells which have been developed by Cell-Lining. The goal
is to obtain permission to manufacture and implement initial clinical
applications on patients. With closing of heart arteries and peripheral blood
vessels (e.g. in the leg) artificial veins are coated with vessel wall cells
occurring naturally in the body and implanted in the patient. Coated vessel
protheses are to be used for example in bypass operations of which some 50,000
are performed each year in Germany alone. The method registered for patent by
Cell-Lining and already published should considerably reduce problems caused by
blood clots and the resulting subsequent operations.
A period of 12 months has been determined for the development phase to being
able to market the product. Subsequently BioTissue Technologies AG has the
option to acquire the majority in Cell-Lining and to take on the production and
distribution.
With this cooperation BioTissue has secured access to additional highly
interesting market segments.
For further information contact: BioTissue Technologies AG, Martin Braendle,
Investor Relations Manager, Phone: +49-761-7675110, E-Mail:
martin.braendle@biotissue-tec.com, Internet: www.biotissue-tec.com
end of ad hoc announcement (c) DGAP 29.06.2001
——————————————————————————–
WKN: 618061; Index:
Listed: Neuer Markt in Frankfurt;
Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München und
Stuttgart
290833 Jun 01
Aktuelle News
Aktuelle Berichte
Keine Berichte gefunden
Anstehende Events
Keine Events gefunden
Webcasts
Keine Webcasts gefunden