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Pin to quick picksTissue Regenix Group Regulatory News (TRX)

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Launch of DermaPure® Meshed and VNEWTM

1 Sep 2021 07:00

RNS Number : 2897K
Tissue Regenix Group PLC
01 September 2021
 

Tissue Regenix Group plc

("Tissue Regenix" or "the Group")

 

Launch of DermaPure® Meshed and VNEWTM

Both line extensions to the Biosurgery division, utilising the dCELL® Technology platform

 

Tissue Regenix (AIM: TRX), the regenerative medical technology company, announces the launch of DermaPure® Meshed and VNEWTM, both line extensions to the Company's BioSurgery division, utilising Tissue Regenix's patented decellularisation ('dCELL®') Technology.

 

DermaPure® Meshed provides surgeons with a customised new DermaPure® option that eliminates time consuming manual meshing in the operating room, allows for wound fluid egress, thereby optimising patient outcomes and is meshed to provide an expansion area of 1.8X, allowing for greater surface area coverage. The product is targeted for use by general, plastic and trauma surgeons who treat patients with conditions that result in loss of integumental tissue (skin), requiring replacement, repair, or reconstruction. DermaPure® Meshed is a niche addition to our current portfolio for our customer base.

 

VNEWTM is available exclusively through the Company's distribution partner ARMS Medical ('ARMS'), which it entered into a multi-year exclusive distribution agreement (the "Agreement") with in 2018. The Agreement granted ARMS exclusive rights to distribute DermaPure® to hospitals and surgeons throughout the US for use in urology and gynecology procedures, focused on women's pelvic health issues. VNEWTM, the pre-shaped, pre-cut acellular dermal allograft, is designed to facilitate pelvic organ prolapse surgical procedures intended to repair, reconstruct, and reinforce damaged or weakened tissue. Approximately 300,000 women annually undergo surgery for pelvic organ prolapse1. Tissue Regenix has already fulfilled its initial stocking order for VNEWTM.

 

Both products utilise the Company's patented dCELL® Technology, which unlike alternative processes, removes 99% of DNA and other cellular debris with virtually no structural disruption, differentiating itself from other technologies, thus providing optimal repair, replacement, and / or reconstruction of the damaged extracellular matrix, as well as providing structural support, allowing the patient's living, native cells to populate and integrate ultimately achieving the surgeons' goal of soft tissue healing. 

 

Daniel Lee, CEO of Tissue Regenix, commented: "We are pleased to launch two new products using our patented dCELL® Technology, extending our product lines and helping drive market penetration with our diversified portfolio."

 

1Enemchukwu EA. Transvaginal Suture-Based Repair. Urol Clin North Am. 2019 Feb;46(1):97-102. doi: 10.1016/j.ucl.2018.08.004. PMID: 30466707.

 

For more information:

 

Tissue Regenix Group plc

www.tissueregenix.com

Daniel Lee, Chief Executive Officer

Via Walbrook PR

David Cocke, Chief Financial Officer

Stifel Nicolaus Europe Limited (Nominated Adviser and Broker)

Ben Maddison / Alex Price

Tel: +44(0)20 7710 7600

 

Walbrook PR Ltd

Tel: +44 (0)20 7933 8780

Alice Woodings / Paul McManus

TissueRegenix@walbrookpr.com

 

 

 

 

About Tissue Regenix (www.tissueregenix.com)

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 soft tissue leaving an acellular tissue scaffold which is not rejected by the patient's body and can then be used to repair diseased or worn-out body parts. Current applications address many critical clinical needs such as sports medicine, heart valve replacement and wound care.

 

In August 2017 Tissue Regenix acquired CellRight Technologies®, a biotech company that specializes in regenerative medicine and is dedicated to the development of innovative osteoinductive and soft tissue scaffolds that enhance healing opportunities of defects created by trauma and disease. CellRight's human osteobiologics may be used in spine, trauma, general orthopaedic, foot & ankle, dental, and sports medicine surgical procedures.

 

 

 

 

 

 

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NRAWPUAWRUPGGQG
Date   Source Headline
25th Apr 20242:27 pmRNSResult of AGM
10th Apr 20247:15 amEQSHardman & Co Research on Tissue Regenix (TRX): Six consecutive periods of >20% growth
5th Apr 20243:52 pmRNSHolding(s) in Company
19th Mar 20247:00 amRNSFinal results for the year ended 31 December 2023
1st Mar 20247:00 amRNSNotice of Results
6th Feb 20247:00 amRNSFirst EU shipment & new distributor agreements
29th Jan 20243:02 pmRNSHolding(s) in Company
25th Jan 20247:00 amRNSTrading update for 2023
23rd Jan 20245:24 pmRNS2023 LTIP Grant
22nd Nov 20234:36 pmRNSHolding(s) in Company
30th Oct 20237:00 amRNSHPRA approval & distribution agreement in Spain
18th Sep 202310:40 amEQSHardman & Co Research on Tissue Regenix (TRX): Continuing postive momentum 1H'23
15th Sep 20234:30 pmRNSDirector/PDMR Shareholding
5th Sep 20237:01 amRNSNew sports medicine product launch
5th Sep 20237:00 amRNSInterim results
31st Aug 20231:45 pmRNSExercise of Options and Total Voting Rights
21st Aug 20237:00 amRNSNotice of interim results
17th Jul 20237:00 amRNSHalf-Year Trading Update
10th Jul 20237:00 amRNSDistribution agreement for OrthoPure® XT in the UK
25th May 20237:00 amRNSDistribution agreement with Australian Allografts
9th May 202312:00 pmRNSHolding(s) in Company
27th Apr 202312:35 pmRNSResult of AGM, Share Reorganisation &TVR
18th Apr 20237:00 amRNSProposed Share Reorganisation Timetable
5th Apr 20232:55 pmEQSHardman & Co Research on Tissue Regenix (TRX): Turning profitable and cash-generative
5th Apr 20237:00 amRNSCEO and CFO Share Purchases
30th Mar 20237:00 amRNSHolding(s) in Company
21st Mar 20237:00 amRNSFinal results for the year ended 31 December 2022
6th Mar 20237:00 amRNSNotice of results and Investor presentation
31st Jan 20237:01 amRNSTrading update for 2022
31st Jan 20237:00 amRNSChange of Adviser
18th Jan 202310:06 amRNSHolding(s) in Company
18th Jan 20237:00 amRNSChinese distribution agreement for OrthoPure® XT
7th Dec 20227:00 amRNSProduct launch in dCELL® division
22nd Nov 20227:00 amRNSDistribution agreement - OrthoPure® XT in Germany
14th Nov 20226:05 pmRNSHolding(s) in Company
7th Nov 20222:35 pmRNSHolding(s) in Company
29th Sep 202210:13 amRNSDirector/PDMR Shareholding
27th Sep 20227:15 amEQSHardman & Co Research on Tissue Regenix (TRX): Operating leverage
7th Sep 20227:00 amRNSHalf-year Report
22nd Aug 20223:31 pmRNSHolding(s) in Company
18th Aug 20225:36 pmRNSHolding(s) in Company
18th Aug 20222:10 pmRNSHolding(s) in Company
11th Aug 20224:30 pmEQSHardman & Co Research: Q&A on Tissue Regenix Group plc: Significantly undervalued which should correct
11th Aug 202212:46 pmRNSHolding(s) in Company
11th Aug 202212:17 pmRNSHolding(s) in Company
11th Aug 20227:00 amRNSConfirmation of Interim Results
5th Aug 20223:19 pmRNSHolding(s) in Company
1st Aug 20223:14 pmRNSHolding(s) in Company
19th Jul 20222:30 pmEQSHardman & Co Research : Tissue Regenix (TRX): Strong 1H’22 sales suggest upside potential
19th Jul 20227:00 amRNSHalf Year Trading Update and Notice of Results

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