Rockville, MD, . (September 23, 2010) - Cytomedix, Inc. (NYSE Amex: GTF), a leading developer of biologically active regenerative therapies for wound care, inflammation and angiogenesis, today announced that a poster highlighting the use of the Company’s AutoloGel™ System to effect rapid healing of chronic wounds will be presented at the Symposium on Advanced Wound Care (SAWC) Fall 2010 taking place September 23-25, 2010 in Anaheim, California.
The AutoloGel System is a device for the production of autologous platelet rich plasma (“PRP”) gel and is the only PRP device cleared by the U.S. Food and Drug Administration (“FDA”) for use on a variety of exuding wounds. Its patent-protected formulation provides physiologically relevant concentrations of PRP that are optimal for wound healing.
The SAWC Fall 2010 posters will be available for viewing on Friday, September 24th from 8:00 a.m. – 4:00 p.m. and during the poster reception occurring from 5:30 p.m. – 6:15 p.m. on Friday. Posters can be viewed through Saturday, September 25, 2010 at Noon. The following poster highlighting Cytomedix’s PRP technology will be presented at SAWC Fall 2010:
- Efficient Rapid Wound Improvement in the LTAC Setting with Autologous Platelet Rich Plasma
Presented by Carelyn Fylling, RN, MSN, CWS, CLNC, Cytomedix Clinical Team; Poster Number CR-22.
Commenting on the presentations, Martin P. Rosendale, President and CEO of Cytomedix, Inc., said, “We are delighted to report additional data in support of the use of our AutoloGel System to effect rapid wound healing in chronic wounds in the long-term acute care (LTAC) setting. LTACs are a primary target market for the AutoloGel System as complex and chronic wounds continue to be a growing problem with significant unmet medical need at these facilities. We are delighted to showcase our new data to attendees at the SAWC Fall 2010 meeting as they are the very clinicians and caregivers who treat the patients with these chronic, debilitating wounds.”
About the Association for the Advancement of Wound Care
The Association for the Advancement of Wound Care (AAWC) is the preeminent multidisciplinary organization for wound care. The AAWC is a non-profit association, headquartered in the United States. This organization is open to everyone involved in wound care, including clinicians, patients and their lay caregivers, facilities, industry, students, retirees, and others interested in the care of wounds. AAWC was conceived in 1995 to spread awareness by promoting excellence in education, clinical practice, public policy, and research. The AAWC gives its members the opportunity, through numerous Association benefits and activities, to build a collaborative community to facilitate optimal care for those who suffer with wounds. This community encourages an equal partnership among all individuals who are involved in the care of patients.
About Cytomedix, Inc.
Cytomedix is a biotechnology company that develops, sells and licenses regenerative biological therapies primarily to address the areas of wound care, inflammation and angiogenesis. The Company currently markets the AutoloGel™ System, a device for the production of platelet rich plasma (“PRP”) gel derived from the patient’s own blood for use on a variety of exuding wounds; the Angel® Whole Blood Separation System, a blood processing device and disposable products used for separation of whole blood into red cells, platelet poor plasma (“PPP”) and PRP in surgical settings; and the activAT® Autologous Thrombin Processing Kit, which produces autologous thrombin serum from PPP. The activAT® kit is sold exclusively in Europe and Canada, where it provides a completely autologous, safe alternative to bovine-derived products. The Company is currently pursuing a multi-faceted strategy to penetrate the chronic wound market with its products. Cytomedix is also pursuing opportunities for the application of AutoloGel™ and PRP technology into other markets such as hair transplantation and orthopedics, as well as actively seeking complementary products for the wound care market. The Company seeks to monetize other product candidates in its pipeline through strategic partnerships, out-licensing or sale. Most notably is its anti-inflammatory peptide (designated “CT-112”) that has shown promise in preclinical testing. Additional information regarding Cytomedix is available at www.cytomedix.com.
Safe Harbor Statement
Statements contained in this communication not relating to historical facts are forward-looking statements that are intended to fall within the safe harbor rule for such statements under the Private Securities Litigation Reform Act of 1995. The information contained in the forward-looking statements is inherently uncertain, and Cytomedix’s actual results may differ materially due to a number of factors, many of which are beyond Cytomedix’s ability to predict or control, including among others, viability and effectiveness of the Company’s sales approach and overall marketing strategies, the outcome of development or regulatory review of CT- 112, commercial success or acceptance by the medical community, competitive responses, the Company's ability to raise additional capital and to continue as a going concern, Cytomedix's ability to execute on its strategy to market the AutoloGel™ System as contemplated, the Company's ability to capitalize on opportunities in the European market, the Company’s ability to successfully integrate the Angel® and activAT® product lines into its existing business, to assume and satisfy certain liabilities related to the Angel® and activAT® product lines, or its ability to service the deferred payments related to the acquisition of the Angel® and activAT® product lines. These forward-looking statements are subject to known and unknown risks and uncertainties that could cause actual events to differ from the forward-looking statements. More information about some of these risks and uncertainties may be found in the reports filed with the Securities and Exchange Commission by Cytomedix, Inc. Cytomedix operates in a highly competitive and rapidly changing business and regulatory environment, thus new or unforeseen risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. Except as is expressly required by the federal securities laws, Cytomedix undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, changed circumstances or future events or for any other reason.
Contacts:
Cytomedix, Inc.
David Jorden, Executive Board Member
Martin Rosendale, CEO
Andrew Maslan, CFO
(240) 499-2680
Lippert/Heilshorn & Associates
Anne Marie Fields
(afields@lhai.com)
(212) 838-3777
Bruce Voss
(bvoss@lhai.com)
(310) 691-7100
Rockville, MD, . (September 23, 2010) - Cytomedix, Inc. (NYSE Amex: GTF), a leading developer of biologically active regenerative therapies for wound care, inflammation and angiogenesis, today announced that an oral presentation highlighting the use of the Company’s AutoloGel™ System to effect rapid healing of chronic wounds in patients with spinal cord injury (SCI) will be presented at the Academy of Spinal Cord Injury Professionals’ Annual Meeting being held September 22-24, 2010 in Las Vegas, Nevada. This meeting is supported by the Paralyzed Veterans of America.
The AutoloGel System is a device for the production of autologous platelet rich plasma (“PRP”) gel and is the only PRP device cleared by the U.S. Food and Drug Administration (“FDA”) for use on a variety of exuding wounds. Its patent-protected formulation provides physiologically relevant concentrations of PRP that are optimal for wound healing.
The presentation, entitled “Response of Wounds of Spinal Cord Injury Patients to Autologous Platelet Rich Plasma Gel”, will be delivered by Laurie Rappl, PT, CWS of the Cytomedix Clinical Team during the Session, “Secondary Complications of SCI,” took place Wednesday, September 22, 2010 from 1:30 – 3:00 p.m. (local time). This presentation detailed a prospective case series of 13 wounds in 10 patients, showing rapid healing in wound area and volume, as well as reduction of undermining and sinus tracts/tunnels in non-healing wounds. Details of the case series can be obtained by contacting Ms. Rappl at lrappl@cytomedix.com.
Commenting on the presentation, Martin P. Rosendale, President and CEO of Cytomedix, Inc., said, “It is particularly rewarding for Cytomedix to be highlighting the rapid healing achieved by our AutoloGel System for the treatment of chronic wounds in SCI patients. Pressure ulcers and other chronic wounds are a persistent medical challenge that compromises the health and quality of life for these paralyzed patients. Our clinical data demonstrates how the AutoloGel System’s physiologically relevant concentrations of PRP can rapidly restart the healing process in complex and chronic wounds, including wounds that were recalcitrant to other treatments.”
About the Academy of Spinal Cord Injury Professionals
The Academy of Spinal Cord Injury Professionals is the premier, interdisciplinary organization dedicated to advancing the care of people with spinal cord injury/dysfunction (SCI/D). The Academy’s Annual meeting is the premier conference for spinal cord injury/dysfunction professionals, including more than 800 leaders, the “best and the brightest,” in SCI/D health care and research. The meeting features more than 20 continuing education units, and is a world-class venue for SCI/D professionals to network, share ideas, and to integrate the disciplines of medicine, nursing, psychology, social work, behavioral health, and rehabilitation therapy.
About Paralyzed Veterans of America
For 64 years, Paralyzed Veterans of America and its 34 chapters have been working to create an America where all veterans and people with disabilities, and their families, have everything they need to thrive. The organization was founded by a band of spinal cord injured service members who returned home from World War II to a grateful nation, but also to a world with few solutions to the challenges they faced. They made a decision not just to live, but to live with dignity as contributors to society. They created an organization dedicated to veterans’ service, medical research, and civil rights for people with disabilities.
Today Paralyzed Veterans of America represents more than 19,000 veterans in all 50 states, the District of Columbia, and Puerto Rico. With world-class clinical practice guidelines and companion consumer guides and such publications as Yes, You Can! A Guide to Self-Care for Persons with Spinal Cord Injury, Paralyzed Veterans of America continually strives to empower clinicians and patients alike, and they have invested more than $100 million in research for treatments and a cure for paralysis.
About Cytomedix, Inc.
Cytomedix is a biotechnology company that develops, sells and licenses regenerative biological therapies primarily to address the areas of wound care, inflammation and angiogenesis. The Company currently markets the AutoloGel™ System, a device for the production of platelet rich plasma (“PRP”) gel derived from the patient’s own blood for use on a variety of exuding wounds; the Angel® Whole Blood Separation System, a blood processing device and disposable products used for separation of whole blood into red cells, platelet poor plasma (“PPP”) and PRP in surgical settings; and the activAT® Autologous Thrombin Processing Kit, which produces autologous thrombin serum from PPP. The activAT® kit is sold exclusively in Europe and Canada, where it provides a completely autologous, safe alternative to bovine-derived products. The Company is currently pursuing a multi-faceted strategy to penetrate the chronic wound market with its products. Cytomedix is also pursuing opportunities for the application of AutoloGel™ and PRP technology into other markets such as hair transplantation and orthopedics, as well as actively seeking complementary products for the wound care market. The Company seeks to monetize other product candidates in its pipeline through strategic partnerships, out-licensing or sale. Most notably is its anti-inflammatory peptide (designated “CT-112”) that has shown promise in preclinical testing. Additional information regarding Cytomedix is available at www.cytomedix.com.
Safe Harbor Statement
Statements contained in this communication not relating to historical facts are forward-looking statements that are intended to fall within the safe harbor rule for such statements under the Private Securities Litigation Reform Act of 1995. The information contained in the forward-looking statements is inherently uncertain, and Cytomedix’s actual results may differ materially due to a number of factors, many of which are beyond Cytomedix’s ability to predict or control, including among others, viability and effectiveness of the Company’s sales approach and overall marketing strategies, the outcome of development or regulatory review of CT- 112, commercial success or acceptance by the medical community, competitive responses, the Company's ability to raise additional capital and to continue as a going concern, Cytomedix's ability to execute on its strategy to market the AutoloGel™ System as contemplated, the Company's ability to capitalize on opportunities in the European market, the Company’s ability to successfully integrate the Angel® and activAT® product lines into its existing business, to assume and satisfy certain liabilities related to the Angel® and activAT® product lines, or its ability to service the deferred payments related to the acquisition of the Angel® and activAT® product lines. These forward-looking statements are subject to known and unknown risks and uncertainties that could cause actual events to differ from the forward-looking statements. More information about some of these risks and uncertainties may be found in the reports filed with the Securities and Exchange Commission by Cytomedix, Inc. Cytomedix operates in a highly competitive and rapidly changing business and regulatory environment, thus new or unforeseen risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. Except as is expressly required by the federal securities laws, Cytomedix undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, changed circumstances or future events or for any other reason.
Contacts:
Cytomedix, Inc.
David Jorden, Executive Board Member
Martin Rosendale, CEO
Andrew Maslan, CFO
(240) 499-2680
Lippert/Heilshorn & Associates
Anne Marie Fields
(afields@lhai.com)
(212) 838-3777
Bruce Voss
(bvoss@lhai.com)
(310) 691-7100
Webcast Scheduled for September 14, 2010 at 10:50 a.m. Eastern Time
Rockville, MD, . (September 7, 2010) - Cytomedix, Inc. (NYSE Amex: GTF), a leading developer of biologically active regenerative therapies for wound care, inflammation and angiogenesis, today announced that the Company will participate in the Rodman & Renshaw 12th Annual Global Investment Conference taking place September 12-15, 2010 at the New York Palace Hotel in New York City.
Martin Rosendale, President and CEO of Cytomedix, will present a corporate update on Tuesday, September 14, 2010 at 10:50 a.m. (Eastern time) in which he will provide an overview of Cytomedix, including an update on the state of the integration of its acquisition of the Angel® Whole Blood Separation System and the activAT® Autologous Thrombin Processing Kit from the Sorin Group which was completed in April 2010.
Company management will be available for one-on-one meetings with investors participating in the Rodman & Renshaw Global Investment Conference. For those who would like to schedule an appointment with Cytomedix’s management, please contact Anne Marie Fields, Lippert/Heilshorn & Associates, Inc., at 212-838-3777 or at afields@lhai.com or contact your Rodman & Renshaw representative.
The presentation will be webcast live at www.cytomedix.com where it will also be archived for 90 days and at http://www.wsw.com/webcast/rrshq18/gtf.
About Cytomedix, Inc.
Cytomedix is a biotechnology company that develops, sells and licenses regenerative biological therapies primarily to address the areas of wound care, inflammation and angiogenesis. The Company currently markets the AutoloGel™ System, a device for the production of platelet rich plasma (“PRP”) gel derived from the patient’s own blood for use on a variety of exuding wounds; the Angel® Whole Blood Separation System, a blood processing device and disposable products used for separation of whole blood into red cells, platelet poor plasma (“PPP”) and PRP in surgical settings; and the activAT® Autologous Thrombin Processing Kit, which produces autologous thrombin serum from PPP. The activAT® kit is sold exclusively in Europe and Canada, where it provides a completely autologous, safe alternative to bovine-derived products. The Company is currently pursuing a multi-faceted strategy to penetrate the chronic wound market with its products. Cytomedix is also pursuing opportunities for the application of AutoloGel™ and PRP technology into other markets such as hair transplantation and orthopedics, as well as actively seeking complementary products for the wound care market. The Company seeks to monetize other product candidates in its pipeline through strategic partnerships, out-licensing or sale. Most notably is its anti-inflammatory peptide (designated “CT-112”) that has shown promise in preclinical testing. Additional information regarding Cytomedix is available at www.cytomedix.com.
Safe Harbor Statement
Statements contained in this communication not relating to historical facts are forward-looking statements that are intended to fall within the safe harbor rule for such statements under the Private Securities Litigation Reform Act of 1995. The information contained in the forward-looking statements is inherently uncertain, and Cytomedix’s actual results may differ materially due to a number of factors, many of which are beyond Cytomedix’s ability to predict or control, including among others, viability and effectiveness of the Company’s sales approach and overall marketing strategies, the outcome of development or regulatory review of CT- 112, commercial success or acceptance by the medical community, competitive responses, the Company's ability to raise additional capital and to continue as a going concern, Cytomedix's ability to execute on its strategy to market the AutoloGel™ System as contemplated, the Company's ability to capitalize on opportunities in the European market, the Company’s ability to successfully integrate the Angel® and activAT® product lines into its existing business, to assume and satisfy certain liabilities related to the Angel® and activAT® product lines, or its ability to service the deferred payments related to the acquisition of the Angel® and activAT® product lines. These forward-looking statements are subject to known and unknown risks and uncertainties that could cause actual events to differ from the forward-looking statements. More information about some of these risks and uncertainties may be found in the reports filed with the Securities and Exchange Commission by Cytomedix, Inc. Cytomedix operates in a highly competitive and rapidly changing business and regulatory environment, thus new or unforeseen risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. Except as is expressly required by the federal securities laws, Cytomedix undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, changed circumstances or future events or for any other reason.