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Nov 8, 2007

Tissue Genesis Signs Distribution and License Deal with SpineSmith

  • Tissue Genesis inked an exclusive distribution and licensing agreement for the human spine market with SpineSmith Partners.

    Tissue Genesis will share SpineSmith’s revenues from procedures and sales that use its therapeutic cell technologies. The company expects to receive revenue from SpineSmith’s sales of TGI 1000™ cell isolation systems and disposables over the four-year term of the agreement.

    In return, SpineSmith has been granted the rights to manufacture, use, and sell TGI 100 manual cell isolation kits, incorporating Tissue Genesis supplied Adipase™ enzyme solution.

    “This exciting new relationship with SpineSmith allows Tissue Genesis to move our therapeutic cell technologies into orthopedic markets,” says Anton C. Krucky, president and CEO of Tissue Genesis.

    “SpineSmith's extensive expertise with bone marrow stem cells, in both cell isolation and medical insurance reimbursement, provides a clear avenue of advancement of our adipose (fat) derived stem cells into this important market.”

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Scientifically Studying Ecstasy

MDMA (commonly known as the empathogen “ecstasy”) is classified as a Schedule 1 drug, which is reserved for compounds with no accepted medical use and a high abuse potential. Two researchers from Stanford, however, call for a rigorous scientific exploration of MDMA's effects to identify precisely how the drug works, the data from which could be used to develop therapeutic compounds.

Do you agree that ecstasy should be studied for its potential therapeutic benefits?

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