Tissue Regenix Group plc - OrthoPureT XT (Tendon) UK Clinical Trial Approval

28 Apr 2015

Approval gained for start of clinical trial in UK for OrthoPure™ XT Tendon product
 
YORK, 28 April 2015 - Tissue Regenix Group plc (AIM:TRX) ("Tissue Regenix" or "the Group"), the  regenerative medical devices company, today announces it has secured approval from the Medicines and Healthcare Products Regulatory Agency ("MHRA") for the first clinical trial of its decellularised
tendon device, Orthopure™ XT, for surgical reconstruction of a torn Anterior Cruciate Ligament ("ACL") in the knee.  A tear in the ACL is a common sports injury that affects 900,000 people per year globally, a number which is increasing annually with a CAGR of 7%. 
 
This trial is another significant milestone in Tissue Regenix's plans to target this large and growing global market.  The trial is a critical step towards gaining EU clearance (and a CE Mark) which will enable full commercialization of the Orthopure™ XT product, and will allow it to be used by both doctors and clinics to help patients throughout the UK and Europe.
 
Antony Odell, CEO of Tissue Regenix commented:
 
"An ACL tear is a very common sports injury, so we are delighted at the decision by the MHRA to allow Tissue Regenix to start the first clinical trial of the OrthoPure™ XT.  It is an important step in bringing this innovative device to market and is a positive step so soon after the news that the clinical trial for the OrthoPure™ XM (meniscus) product has commenced.  Both OrthoPure™ XT and OrthoPure™ XM are complementary products for our Sports Medicine portfolio which may well ultimately be used to treat the same patient, and once CE Marks have been obtained they will likely be marketed together.
 
ENDS
For Further Information
 
Tissue Regenix Group Plc:                                                         +44 19 0443 5176
Antony Odell
Ian Jefferson
 
Jefferies International Ltd:                                                        +44 20 7029 8000
Simon Hardy
Harry Nicholas
 
Tulchan Communications:                                                          +44 207 353 4200
Tom Buchanan                                                                                 
Victoria Huxster              
Matt Low                                                            
 
About Tissue Regenix
Tissue Regenix is a leading medical devices company in the field of regenerative medicine. The company's patented decellularisation ('dCELL®') technology removes DNA and other cellular material from animal and human tissue leaving an acellular tissue scaffold which is not rejected by the patient's body which can then be used to repair diseased or worn out body parts. The potential applications of this process are diverse and address many critical clinical needs such as vascular disease, heart valve replacement and knee repair.
 
Tissue Regenix was formed in 2006 when it was spun-out from the University of Leeds. The company commercialises academic research conducted by our partners around the World.
 
In November 2012 Tissue Regenix Group plc set up a subsidiary company in the United States- 'Tissue Regenix Wound Care Inc.', as part of its commercialisation strategy for its dCELL® technology platform.