focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksTissue Regenix Group Regulatory News (TRX)

Share Price Information for Tissue Regenix Group (TRX)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 61.50
Bid: 61.00
Ask: 62.00
Change: 0.00 (0.00%)
Spread: 1.00 (1.639%)
Open: 61.50
High: 61.50
Low: 61.00
Prev. Close: 61.50
TRX Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Successful safety study of dCELL® Meniscus

14 Feb 2013 07:00

RNS Number : 8427X
Tissue Regenix Group PLC
14 February 2013
 



 

DATE: 14 February, 2013

 

Successful safety study of Tissue Regenix dCELL® Meniscus

 

Encouraging results also show early signs of tissue integration

 

Tissue Regenix ('TRX'), the regenerative medical device company, is targeting the fast-growing market for soft-tissue knee (meniscus) repairs. A pre-clinical study to assess the safety of Tissue Regenix's dCELL® meniscus has delivered positive results that pave the way for clinical studies to begin in Europe following regulatory review.

 

The six month study to assess the biocompatibility of the dCELL® meniscus involved a standard procedure called a partial meniscectomy where the dCELL meniscus is implanted next to existing tissue.

 

Key findings at the conclusion of the study indicate that the device is safe with no adverse or inflammatory responses related to the device detected. In addition there were signs of cells entering the dCELL® meniscus and signs of remodelling (characterised by the appearance of collagen - a key component of healthy tissue), which indicate that the meniscus is successfully integrating with the existing tissue.

 

Antony Odell, Managing Director, Tissue Regenix Group plc commented, "This important piece of safety data allows us to continue to move towards the clinical evaluation of the dCELL® Meniscus which will be the pivotal study to enable EU regulatory approval so this approach can deliver real benefits to patients. It is encouraging that we are seeing early signs of cells entering the matrix indicative of the same effects we have seen with other dCELL® devices."

 

Tissue Regenix is developing the dCELL® meniscus for use in knee repair. The menisci are two c-shaped pieces of cartilage in the knee joint which can be torn (a common injury in footballers, skiers and other sports people) or degenerate with age.

 

The number of meniscal repair procedures is forecast to rise driven by an ageing population, rising obesity rates and a growing number of sports-related injuries. Over 1.5 million meniscal procedures are expected in the US and Europe in 2013.1

 

Patients suffering a meniscus tear typically feel a "pop" at the time of injury, often followed by joint tenderness, knee pain, and recurrent knee catching. Furthermore, the knee may "lock" making it difficult or impossible to straighten the leg out.

 

The most common treatment option involves the removal of the damaged material but clinical studies indicate this can result in a significantly increased risk of arthritis, which can lead to knee replacement surgery - an expensive operation (each knee replacement is estimated to cost the NHS £7,458).2 

 

 

ENDS

 

 

For Further Information

 

Tissue Regenix Group plc: 01904 435 176

Antony Odell

Ian Jefferson

 

Peel Hunt LLP (Nominated Adviser) 020 7418 8900

James Steel

Vijay Barathan

 

Newgate Communications 020 7680 6550

Alistair Kellie

Andrew Adie

Martin Greig

 

 

About Tissue Regenix

 

Tissue Regenix (AIM: TRX) 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.

 


1 Total procedures expected in USA= 941, 780

Total procedures expected in Europe 2013= 618,200

Cited in: European Markets for Orthopaedic Soft Tissue Solutions 2012, Millennium Research Group, 2012 [http://mrg.net/Products-and-Services/Syndicated-Report.aspx?r=RPEU20ST12} and US Markets for Orthopedic Soft Tissue Solutions 2012, Millennium Research Group, 2012 [http://mrg.net/Products-and-Services/Syndicated-Report.aspx?r=RPUS20ST12]

 

In Europe:

Number of those partial or full meniscectomy= 568,200

Number of those Meniscus repair= 50,000

 

2 'Rationing of total knee replacement: a cost-effectiveness analysis on a large trial data set', January 2012, [http://bmjopen.bmj.com/content/2/1/e000332.full#ref-11]

 

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCNKNDBFBKDBBD
Date   Source Headline
23rd Nov 20105:18 pmRNSIssue of Equity
20th Oct 20107:00 amRNSHalf Yearly Report
18th Aug 20102:19 pmRNSHolding(s) in Company
10th Aug 20107:00 amRNSCE Mark Grant
5th Aug 20103:43 pmRNSPatents approved
1st Jul 201010:38 amRNSHolding(s) in Company
29th Jun 20104:37 pmRNSIssue of Equity
29th Jun 20108:06 amRNSFirst day dealings in Tissue Regenix
29th Jun 20107:00 amRNSFirst Day of Dealings
28th Jun 20102:20 pmRNSResult of General Meeting
10th Jun 20103:39 pmRNSSch 1 - Oxeco (to be renamed Tissue Regenix Group)
3rd Jun 20107:00 amRNSAcquisition
21st Apr 201011:20 amRNSResult of AGM
26th Mar 20107:00 amRNSFinal Results
11th Jan 20105:05 pmRNSHolding(s) in Company
23rd Dec 20091:49 pmRNSHolding(s) in Company
23rd Dec 200912:07 pmRNSHolding(s) in Company
22nd Dec 20094:33 pmRNSHolding(s) in Company
17th Dec 20093:50 pmRNSHolding(s) in Company
17th Dec 20092:47 pmRNSHolding(s) in Company
9th Dec 20099:28 amRNSInvesting Policy
23rd Oct 20097:00 amRNSInterim financial report
25th Aug 20092:30 pmRNSHolding(s) in Company
23rd Jul 20097:00 amRNSClosure of subsidiary business
2nd Jun 200912:00 pmRNSAppointment of Non-Executive Director
26th May 20093:00 pmRNSChange of Nominated Adviser Name
20th Apr 20097:00 amRNSFinal Results
24th Mar 200910:18 amRNSAppointment of Broker
18th Mar 200911:54 amRNSStrategic Review and Directorate Change
19th Nov 20087:00 amRNSDirectorate Change
16th Oct 20087:00 amRNSInterim Results
9th Jul 200812:39 pmRNSHolding(s) in Company
29th May 200812:10 pmRNSAGM Statement
30th Apr 20085:27 pmRNSAudited Final Results
28th Sep 20077:04 amRNSInterim Results
17th Aug 20077:01 amRNSAIM Rule 26 Website
29th Jun 20079:00 amRNSTotal Voting Rights
29th Jun 20078:00 amRNSAccounts to 31 January 2007
29th Jun 20078:00 amRNSAppointment of Directors
25th Jun 20071:38 pmRNSEGM Statement
20th Jun 20077:01 amRNSDisposal & Administration
14th Jun 20074:23 pmRNSRule 8.3- Torex Retail-Amend
13th Jun 20075:34 pmRNSRule 8.3-Torex Retail CB 5.5%
7th Jun 20072:11 pmRNSNotice of EGM
1st Jun 20077:01 amRNSBoard change
17th May 20073:58 pmRNSReview of strategic options
13th Apr 20073:33 pmRNSRule 8.3- Torex Retail Plc
3rd Apr 20072:28 pmRNSRule 2.10 Announcement
30th Mar 20075:03 pmRNSStrategic Review
27th Mar 20075:20 pmRNSHolding(s) in Company

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.