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April 6, 2012, Cleveland, OH - Arteriocyte Receives FDA Approval to Initiate Compartment Syndrome Trial for Amputation Prevention Focused on Wounded Warriors
       Arteriocyte, a leading biotechnology company with offices in Cleveland, Ohio and Hopkinton, Massachusetts announced today approval from the Food and Drug Administration (FDA) to initiate a Phase I clinical trial using its Magellan® MAR01™ technology in the treatment of Compartment Syndrome. The FDA Investigational Device Exemption (IDE 15013) allows Arteriocyte and its clinical partners to initiate evaluation of concentrated marrow injections (using the Magellan® MAR01™ technology) to mitigate ischemic damage due to Compartment Syndrome in extremity trauma patients. This treatment has been developed in partnership with the United States Army Institute of Surgical Research (ISR) and San Antonio Military Medical Center (SAMMC) at Fort Sam Houston, and the Ohio State University as part of Arteriocyte's Cellular Therapies for Battlefield Wounds Program. more...

July 20, 2011, Cleveland, OH - Arteriocyte receives $1 Million award from Ohio Third Frontier Program to advance its NANEX™ technology toward clinical use.
      Arteriocyte® announced today that the Ohio Department of Development's Third Frontier Commission awarded a $1 million grant to the company for its "Development and Commercialization of Hematopoietic Stem Cell Expansion for Clinical Applications" as part of the Ohio Third Frontier Biomedical Program to accelerate the company's Good Manufacturing Practices (GMP) manufacturing of its NANEX™ technology for clinical use under the product name HemaEx. more...

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