Clearant Achieves Another Key Milestone in Direct Distribution of Tissue Implants to Surgeons, Hospitals and Clinics: Company Announces the Launch of Clearant Sterile Implants Through Direct Sales Force.LOS ANGELES -- Clearant Executes Direct Distribution Strategy to Meet Rising Demand for Sterile Tissue Transplant Materials Clearant, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CLRI CLRI Central Leather Research Institute (India) ) today announced that, for the first time, it has made Clearant Sterile Implants(R) for cervical spinal allograft allograft: see transplantation, medical. surgery available through its direct sales force. Clearant's direct sales team is now marketing the tissues treated with the Clearant Process(R) to surgeons, hospitals and clinics in six U.S. markets. Currently, the top fifteen markets in the U.S. represent in excess of $200 million in bone implant sales. The top 30-50 surgeons in these markets perform approximately 80% of the procedures, allowing the Company to employ a highly targeted marketing effort. "In our studies conducted at UCLA UCLA University of California at Los Angeles UCLA University Center for Learning Assistance (Illinois State University) UCLA University of Carrollton, TX and Lower Addison, TX and presented at the annual meeting of the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Spinal Surgery Society last year, we demonstrated that the Clearant Process can sterilize sterilize /ster·i·lize/ (ster´i-liz) 1. to render sterile; to free from microorganisms. 2. to render incapable of reproduction. ster·il·ize v. 1. bone while not affecting the osteoinductive and osteoconductive nature of the allograft," wrote Jeffrey C. Wang, M.D. Chief, Orthopedic Spine Service, Associate Professor of Orthopedics and Neurosurgery neurosurgery /neu·ro·sur·gery/ (noor´o-sur?jer-e) surgery of the nervous system. neu·ro·sur·ger·y n. Surgery on any part of the nervous system. , U.C.L.A. Comprehensive Spine Center, U.C.L.A. School of Medicine. "We are pleased to have the support of many orthopedic surgeons, including Dr. Wang. The direct support of key opinion leader surgeons will help our direct sales force educate the larger orthopedic surgeon community about the benefits of the Clearant Process sterile implants; in my experience, the support of key opinion leader surgeons will prove to be instrumental in ramping up the adoption of the Clearant Process sterile bone implants we are launching today," said Clearant Chief Executive Officer Alain Delongchamp. "To-date, we are very pleased that the response from experienced spinal and orthopedic sales representatives is extremely positive; in fact, we are ahead of our hiring plan. We hired two more experienced orthopedic sales representatives in the last week; this brings our total of dedicated spinal sales representatives to 6." About Clearant, Inc. Clearant, Inc. is a leader in pathogen inactivation inactivation /in·ac·ti·va·tion/ (in-ak?ti-va´shun) the destruction of biological activity, as of a virus, by the action of heat or other agent. for biological products. Clearant has developed the patent-protected Clearant Process, which substantially reduces all types of pathogens in biological products while maintaining the functionality of the underlying protein. The Company began distribution directly to surgeons, hospitals and clinics Clearant Process sterile implants in June 2006; in addition, Clearant continues to license the Clearant Process and provides its patented sterilization sterilization Any surgical procedure intended to end fertility permanently (see contraception). Such operations remove or interrupt the anatomical pathways through which the cells involved in fertilization travel (see reproductive system). services to tissue banks and other biological products manufacturers. As of the end of 1Q 2006, Clearant had 10 license and service agreements with tissue banks. To date more than 8,000 patients have been successfully implanted with a Clearant Process sterile implants supplied by one of the Company's licensed partners. Whereas various competing sterilization methods only kill specific types of pathogens (such as bacteria or lipid-enveloped viruses) for specific products, the Clearant Process reduces all types of pathogens for products across many market segments including tissue implants, plasma proteins, recombinant products, medical devices and blood products. Also, the Clearant Process can be applied at various stages of product processing and/or manufacturing, including in the final packaging. For more information, please visit www.clearant.com: http://www.clearant.com/. Forward-Looking Statements Except for statements of historical fact, the matters discussed in this press release are forward looking and made pursuant to the Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995, in particular statements regarding surgeons strongly recommending the use of implants with tissue treated by the CLEARANT PROCESS, and the conclusions from a study by surgeons to build demand for sterilized ster·il·ize tr.v. ster·il·ized, ster·il·iz·ing, ster·il·iz·es 1. To make free from live bacteria or other microorganisms. 2. tissue. These forward-looking statements reflect numerous assumptions and involve a variety of risks and uncertainties, many of which are beyond the company's control, which may cause actual results to differ materially from stated expectations. These risk factors include, among others, limited operating history, difficulty in developing, exploiting and protecting proprietary technologies, results of additional clinical studies, efficacy of the technology, success of our direct distribution, intense competition and substantial regulation in the biotechnology industry, and additional risks discussed in the company's filings with the SEC, available on the SEC web site http://www.sec.gov. |
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