Affinergy Signs Exclusive Development & License Agreement with Synthes.RESEARCH TRIANGLE PARK Research Triangle Park, research, business, medical, and educational complex situated in central North Carolina. It has an area of 6,900 acres (2,795 hectares) and is 8 × 2 mi (13 × 3 km) in size. Named for the triangle formed by Duke Univ. , N.C. -- Affinergy, Inc., a Duke University spinout spin·out n. An instance of spinning out: a motorist who was injured in a spinout. with a proprietary site-specific biological delivery system, announced that it has entered into a multi-year development & license agreement with Synthes. Affinergy will work exclusively with Synthes on multiple product applications across the Spine, Trauma and Craniomaxillofacial markets. "Synthes built its leadership position in the orthopedics market by continually providing innovative products," said Peyton Anderson, Affinergy's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "Affinergy is very excited by the potential of these development programs to improve patient outcomes while better serving the surgeons' clinical practices. The market leading position of Synthes is an excellent platform to leverage the full potential of Affinergy's technology." Hansjorg Wyss, Synthes Chairman and CEO, added "Synthes is very excited about the collaboration with Affinergy on this long-term biomaterials development program." About Affinergy, Inc. Affinergy develops site-specific biological systems using biofriendly linkers that selectively adhere to adhere to verb 1. follow, keep, maintain, respect, observe, be true, fulfil, obey, heed, keep to, abide by, be loyal, mind, be constant, be faithful 2. proteins, drugs, cells, and biomaterial biomaterial /bio·ma·te·ri·al/ (bi?o-mah-ter´e-al) a synthetic dressing with selective barrier properties, used in the treatment of burns; it consists of a liquid solvent (polyethylene glycol-400) and a powdered polymer. surfaces in order to kickstart biology toward an intended outcome. Affinergy is focused on developing coatings and medical devices for the orthopedic and cardiovascular markets. Affinergy's technology was patented at Duke University and was awarded 2005 Innovation of the Year by Frost & Sullivan in the category of Medical Device Coatings. For more information, visit www.affinergy.com. About Synthes Synthes is a leading global medical device company. We develop, produce and market instruments, implants and biomaterials for the surgical fixation, correction and regeneration of the human skeleton The human skeleton consists of both fused and individual bones supported and supplemented by ligaments, tendons, muscles and cartilage. Fused bones include those of the pelvis and the cranium. Osteocytes are present in the bone matrix. and its soft tissues. For more information, visit www.synthes.com. |
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