HemaCare Corporation (OTCMKTS: HEMA) is a long-standing leader in the customization and supply of human-derived biological products and services for biomedical research and cell therapy. Within the U.S. and internationally, the company is well-known for its network of FDA-registered, GMP/GTP-compliant collection centers where it collects human biological materials. Types of cellular materials collected and supplied by Hemacare include peripheral blood, bone marrow, and cord blood, each of which it isolates into primary cells types and can supply to customers in both fresh and frozen states. [Read more…]
TBL Performance Plastics, Fully-Integrated Manufacturing Capabilities for Life Science Markets
TBL Performance Plastics (TBL) is a privately-owned company with over 50 years of experience in plastics and related life science industries. I became interested in the company, because it offers fully-integrated manufacturing capabilities that could support the explosive growth of the cell and gene therapy (CGT) industry, where there is an ever expanding need for manufacturing equipment to support the production of innovative products.
TBL fills this role by providing tailored solutions to companies from across the life science spectrum. At its facility in Sparta, New Jersey, TBL operates ISO Class 7 cleanrooms for fabrication and packaging, follows cGMP’s, and specializes in tubing, fittings, and connective technologies for an endless array of fluid-transfer processes. [Read more…]
Avance® Nerve Graft Receives Regenerative Medicine Advanced Therapy (RMAT) Designation
RMAT Designation reinforces clinical significance of RANGER® registry data and acknowledges the unmet need for improved nerve repair solutions
ALACHUA, Fla., Oct. 29, 2018 — AxoGen, Inc. (NASDAQ: AXGN), a global leader in developing and marketing innovative surgical solutions for damage or discontinuity to peripheral nerves, today reported that the U.S. Food and Drug Administration (FDA) has granted the Regenerative Medicine Advanced Therapy (RMAT) designation to Avance® Nerve Graft.
The RMAT designation, under the 21st Century Cures Act, aims to streamline development of regenerative medicine therapies intended for the treatment of serious diseases and life-threatening conditions. A regenerative medicine therapy is eligible for the designation if it is intended to treat, modify, reverse or cure a serious or life-threatening disease or condition, and preliminary clinical evidence indicates that the product has the potential to address unmet medical needs for such a disease or condition.
“We are excited to be one of the select regenerative therapies to have received the RMAT designation, which highlights both the significance of the data within the RANGER® Registry and the unmet medical need for improved therapies to treat nerve injuries,” said Karen Zaderej, chairman, CEO, and president of AxoGen. “Avance® Nerve Graft is a biologically active nerve therapy with more than ten years of comprehensive clinical evidence. The RMAT designation is an important milestone as we progress toward our biologics license application (BLA).”
AxoGen continues to enroll its Pivotal Study, RECON, under the Investigational New Drug (IND) program and anticipates enrollment to be complete by the end of 2018. RECON is the Company’s prospective, randomized study in support of the BLA submission, and is expected to enroll 170 patients upon completion.
To streamline the development and approval of regenerative medicine therapies, the RMAT designation provides a pathway for increased interactions with the FDA. In addition, designated therapies may be eligible for priority review and accelerated approval based on surrogate or intermediate endpoints reasonably likely to predict long-term clinical benefit, or reliance upon data obtained from a meaningful number of clinical sites. For more information on the RMAT designation, please visit:
https://www.fda.gov/BiologicsBloodVaccines/CellularGeneTherapyProducts/ucm537670.htm.
About AxoGen
AxoGen (AXGN) is the leading company focused specifically on the science, development and commercialization of technologies for peripheral nerve regeneration and repair. We are passionate about helping to restore peripheral nerve function and quality of life to patients with physical damage or discontinuity to peripheral nerves by providing innovative, clinically proven and economically effective repair solutions for surgeons and health care providers. Peripheral nerves provide the pathways for both motor and sensory signals throughout the body. Every day, people suffer traumatic injuries or undergo surgical procedures that impact the function of their peripheral nerves. Physical damage to a peripheral nerve, or the inability to properly reconnect peripheral nerves, can result in the loss of muscle or organ function, the loss of sensory feeling, or the initiation of pain.
AxoGen’s platform for peripheral nerve repair features a comprehensive portfolio of products, including Avance® Nerve Graft, an off-the-shelf processed human nerve allograft for bridging severed peripheral nerves without the comorbidities associated with a second surgical site, AxoGuard®Nerve Connector, a porcine submucosa extracellular matrix (ECM) coaptation aid for tensionless repair of severed peripheral nerves, AxoGuard® Nerve Protector, a porcine submucosa ECM product used to wrap and protect damaged peripheral nerves and reinforce the nerve reconstruction while preventing soft tissue attachments, and Avive® Soft Tissue Membrane, a minimally processed human umbilical cord membrane that may be used as a resorbable soft tissue covering to separate tissue layers and modulate inflammation in the surgical bed.
Along with these core surgical products, AxoGen also offers AcroVal® Neurosensory & Motor Testing System and AxoTouch® Two-Point Discriminator. These evaluation and measurement tools assist health care professionals in detecting changes in sensation, assessing return of sensory, grip, and pinch function, evaluating effective treatment interventions, and providing feedback to patients on peripheral nerve function. The AxoGen portfolio of products is available in the United States, Canada, the United Kingdom, and several other European and international countries.
Do you have questions about the RMAT designation or who has been awarded one? Ask them in the comments below.
Poseida Therapeutics Receives RMAT Designation from FDA for P-BCMA-101
SAN DIEGO, Nov. 05, 2018 — Poseida Therapeutics Inc., a clinical-stage biopharmaceutical company focused on leveraging proprietary next-generation, non-viral gene engineering technologies to create life-saving therapeutics, today announced the U.S. Food and Drug Administration (FDA) has granted a Regenerative Medicine Advanced Therapy (RMAT) designation to P-BCMA-101, Poseida’s lead CAR-T therapeutic candidate currently in a Phase 1 clinical trial for the treatment of patients with relapsed/refractory multiple myeloma. RMAT designation includes all of the benefits of the Fast Track and Breakthrough Therapy designation programs, including early interactions with the FDA. [Read more…]
The Market for Cord Blood and Tissue Banking in China
China represents a unique and compelling market for cord blood and tissue banking. First, the Chinese government only supports one cord blood bank within each of the provinces. Specifically, the Chinese government issues one cord blood banking license per province, and the licensed company must function as hybrid “public and private” bank.
The private, for-profit division of the company is expected to fund the company’s public, donation-based division, because no government support is given to support its processing and storage of donated units.
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