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Corporate Profile for LifeCell Corporation, dated December 4, 1998.


--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services.

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Published Date:   December 4, 1998

Company Name:     LifeCell Corporation

Address:          3606 Research Forest Drive
                  The Woodlands, Texas 77381

Main Telephone
 Number:          281/367-5368

Internet Home
 Page Address
  (URL)           www.lifecell.com

Chief Executive
 Officer:         Paul G. Thomas

Investor Relations
 Contact:         Rebecca L. Elliott
 Business number: 281/367-5368

Public Relations
 Contact:         Rebecca L. Elliott
 Business number: 281/367-5368

Trading Symbol/
 Exchange:        LIFC/Nasdaq

Industry:         Healthcare: Medical Technology and Device,
                  Biomedical

Market Makers:    Vector Securities International, Gruntal & Co.,
                  Harris, Webb & Garrison, Troster Singer, Mayer &
                  Schweitzer


Company description: LifeCell Corporation (Nasdaq:LIFC) is a bioengineering bioengineering

Application of engineering principles and equipment to biology and medicine. It includes the development and fabrication of life-support systems for underwater and space exploration, devices for medical treatment (see
 company engaged in the development and commercialization of tissue regeneration and cell preservation products. The Company's patented core technology serves as platforms for a broad range of potential products addressing significant clinical needs in multiple markets.

LifeCell's first commercial product is AlloDerm(R), an extracellular extracellular /ex·tra·cel·lu·lar/ (-sel´u-lar) outside a cell or cells.

ex·tra·cel·lu·lar
adj.
Located or occurring outside a cell or cells.
 tissue matrix that retains the essential biochemical and structural composition of human dermis dermis: see skin. . When transplanted to a patient, the AlloDerm dermal dermal /der·mal/ (der´mal) pertaining to the dermis or to the skin.

der·mal or der·mic
adj.
Of or relating to the skin or dermis.
 matrix is incorporated into the surrounding tissue and is repopulated with the patient's own cells. Moreover, AlloDerm guides the new cells to remodel re·mod·el  
tr.v. re·mod·eled also re·mod·elled, re·mod·el·ing also re·mod·el·ling, re·mod·els also re·mod·els
To make over in structure or style; reconstruct.
 and maintain the matrix, establishing a new functional living tissue. AlloDerm is the only commercial tissue transplant product that promotes normal human soft tissue regeneration. It is marketed and sold for use in reconstructive plastic, dental and burn surgery. Since the commercial introduction of AlloDerm grafts in late 1994, more than 30,000 patients have been treated with AlloDerm tissue products.

In addition to AlloDerm, the Company's current tissue graft graft, in surgery: see transplantation, medical.
graft

In horticulture, the act of placing a portion of one plant (called a bud or scion) into or on a stem, root, or branch of another (called the stock) in such a way that a union forms and the
 development programs include the LifeCell(R) heart valve, vascular grafts and nerve connective connective - An operator used in logic to combine two logical formulas. See first order logic.  tissue. LifeCell's product development programs also include ThromboSol(TM), a formulation for extending the shelf life of transfusable platelets, and technologies to enhance the storage of red blood cells Red blood cells
Cells that carry hemoglobin (the molecule that transports oxygen) and help remove wastes from tissues throughout the body.

Mentioned in: Bone Marrow Transplantation

red blood cells 
, granulocytes Granulocytes
White blood cells.

Mentioned in: Blood Donation and Registry

granulocytes (granˑ·y
 and stem cells stem cells, unspecialized human or animal cells that can produce mature specialized body cells and at the same time replicate themselves. Embryonic stem cells are derived from a blastocyst (the blastula typical of placental mammals; see embryo), which is very young .

LifeCell was founded in 1986 and is headquartered in The Woodlands, Texas. For additional information about the company, visit LifeCell's web site at http://www.lifecell.com.

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As of September 30, 1998:
Ticker Symbol (Nasdaq):           LIFC
Current Price:                    $3.938
52-week high/low                  $3.25-8.375
Market Capitalization:            $59.5 million
Common Shares Outstanding:        11.3 million
Common Equivalent of Preferred
 Stock Outstanding:               3.8 million
Total Common Equivalent
 Shares Outstanding:              15.1 million

Cash and Short-term
Investments:                      $14 million
Long-term Debt:                   None
Product Sales:
Year ended December 31, 1997:     $6.0 million
First Nine months 1998:           $5.8 million
Net Income/Loss:
Year ended December 31, 1997:     $6.1 million
First Nine months 1998:           $4.6 million


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COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Dec 4, 1998
Words:459
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