Biora has Received a Research Grant by the European Commission.Business Editors MALMO, Sweden--(BUSINESS WIRE)--Dec. 18, 2001 Biora, together with institutions from four universities, has received a grant for a total of 2.5 million Euro by the European Commission's fifth framework program. The research grant is for development of new matrix protein-based products for new growth and healing of hard tissues such as, for example, bone and dentin dentin /den·tin/ (den´tin) the chief substance of the teeth, surrounding the tooth pulp and covered by enamel on the crown and by cementum on the roots.den´tinal adventitious dentin secondary d. . The project extends over four years. This grant enables Biora to develop new products based on Biora's technology platform, enamel enamel, a siliceous substance fusible upon metal. It may be so compounded as to be transparent or opaque and with or without color, but it is usually employed to add decorative color. It was used to decorate jewelry in ancient Egypt, Greece, and Rome. matrix proteins, without major investment costs Those program costs required beyond the development phase to introduce into operational use a new capability; to procure initial, additional, or replacement equipment for operational forces; or to provide for major modifications of an existing capability. . The development work will be conducted in close collaboration with international research centers in Oslo, Leeds, Ulm and Jerusalem. Biora has the exclusive commercial rights to all products derived from this project. For further information, please contact: - Tommie Johansson, Corporate Communications and Investor Relations, Biora +46 70 32 21 365 - Rickard Soderberg, President and CEO of Biora, tel: +46 (0)40 32 13 59 - Elisabeth Lavers, Investor relations, Biora US tel: 203 977 7797 - http://www.biora.com Biora develops manufactures and sells biology- based products for the treatment of dental diseases. The principal product, EmdogainGel, which is approved for sale in Europe, North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and Japan naturally regenerates the supporting structure that the tooth has lost due to periodontal disease Periodontal Disease Definition Periodontal diseases are a group of diseases that affect the tissues that support and anchor the teeth. Left untreated, periodontal disease results in the destruction of the gums, alveolar bone (the part of the jaws where . Biora's American Depository The place where a deposit is placed and kept, e.g., a bank, savings and loan institution, credit union, or trust company. A place where something is deposited or stored as for safekeeping or convenience, e.g., a safety deposit box. Shares are listed on the Nasdaq National Market in the US and Biora's ordinary shares are listed on the "O-list" of the Stockholm Stock Exchange The Stockholm Stock Exchange (Swedish: Stockholmsbörsen) is a stock exchange located in Stockholm, Sweden. Founded in 1863 [1] it is the primary securities exchange of the Nordic Countries. in Sweden. This press release may contain certain forward- looking statements that relate to future events or future business and financial performance. Such statements can only be predictions and the actual events or results may differ from those discussed. The Company cautions that these statements are subject to important factors that could cause actual results to differ materially from those expressed or implied in such forward looking statements and are more fully discussed in periodic reports filed with Securities and Exchange Commission. |
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