ReGen Biologics Completes Distribution Coverage in Spain with Exclusive Agreement.FRANKLIN LAKES, N.J. -- With the signing of a second distribution agreement in Spain, ReGen Biologics, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :RGBI RGBI Red Green Blue Intensity RGBI Rgb Intensity ) now has exclusive relationships throughout the country. Polymedic 2000 will market and sell the CMI (Computer-Managed Instruction) Using computers to organize and manage an instructional program for students. It helps create test materials, tracks the results and monitors student progress. (TM) along with the SharpShooter(R) Tissue Repair System in the Catalun and Islas Baleares areas of Spain. The CMI is a type I collagen implant designed to facilitate growth of new tissue to replace removed or missing meniscus meniscus /me·nis·cus/ (me-nis´kus) pl. menis´ci [L.] something of crescent shape, as the concave or convex surface of a column of liquid in a pipet or buret, or a crescent-shaped cartilage in the knee joint. tissue in the human knee. The SharpShooter is used for meniscus suturing procedures, and includes a patented disposable delivery handle, anatomic cannulae, and unique suture suture /su·ture/ (soo´cher) 1. sutura. 2. a stitch or series of stitches made to secure apposition of the edges of a surgical or traumatic wound. 3. to apply such stitches. 4. needles. "Signing this agreement with Polymedic 2000 completes our distribution plans for Spain," said Gerald E. Bisbee, Jr., Ph.D., Chairman and Chief Executive Officer of ReGen Biologics. "We look forward to working with Polymedic to service the orthopedic surgeons and patients who will benefit via access to the CMI and SharpShooter technology." Robert Hoffmann Eilenberger, General Manager of Polymedic 2000 added, "We are excited to be working with ReGen to market these products to orthopedic and sports medicine sports medicine, branch of medicine concerned with physical fitness and with the treatment and prevention of injuries and other disorders related to sports. Knee, leg, back, and shoulder injuries; stiffness and pain in joints; tendinitis; "tennis elbow"; and physicians in Spain. Meniscus repair is an important segment of the medical device market that we serve." Earlier this year ReGen regained worldwide distribution rights to the CMI, and has since announced the formation of a direct subsidiary, ReGen Biologics AG that is marketing the product directly in Switzerland, Germany, and Austria. ReGen AG is also managing the exclusive distribution partnerships in Italy and Spain. About ReGen Biologics, Inc. ReGen Biologics is an orthopedic products company that develops, manufactures and markets innovative tissue growth and repair products for U.S. and global markets. ReGen's first product using its patented core technology is the CMI, which uses the body's own healing process to grow new tissue in the meniscus, and restore activity levels for patients with meniscus loss. The Company's Multicenter Pivotal Clinical Trial is the largest clinical trial ever conducted involving the human meniscus. The manufacturing module was submitted to the FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. in Q3 2004. The Company expects to conclude the PMA PMA (papillary-marginal-attached), n a system of epidemiologic scoring of periodontal disease devised by Schour and Massler in which the symbols denote the areas involved in gingival inflammation. PMA Progressive muscular atrophy submission with the filing of the CMI clinical module, targeted by year end 2005. ReGen is headquartered in Franklin Lakes, NJ and manufactures the CMI in its ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. Certified facility located in Redwood City, CA. For more information on ReGen, visit www.regenbio.com. About Polymedic 2000 Polymedic is a company specializing in the distribution of medical products. They offer a wide range of arthroscopic and orthopaedic products. Their goal is to provide customers with the best service and training. Polymedic has been active in Spain and especially in the greater Barcelona area for over 20 years. Polymedic is headquartered in Barcelona, Spain. For more information on Polymedic contact: poly2000@teleline.es |
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