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Exclusive Licencing of Intellectual Property

10th Jun 2014 07:00

RNS Number : 1956J
Collagen Solutions PLC
10 June 2014
 



Collagen Solutions Plc

(the "Company" or the "Group")

 

Collagen Solutions sign Exclusive Licence for next generation collagen products.

 

Collagen Solutions plc (AIM: COS), the developer and manufacturer of medical grade collagen components for use in regenerative medicine, medical devices and in-vitro diagnostics, announces the exclusive licensing of intellectual property generated in the laboratory of Professor Robert Brown at University College London (UCL).

 

The core patent, already granted in the USA, describes a breakthrough platform technology for the production of stronger, more durable, living collagen-based 'tissues'. 

 

Using the novel process covered by the licence, the production process creates collagen materials with a significant range of additional clinical applications in the replacement of tissues such as skin, tendon, bone and even cartilage, blood vessels and nerve conduits.

The most significant advantage of these natural, living materials are their physical strength and rapid production times. This means that surgeons will be able to implant them sooner, whilst at the same time, there is the potential to have the novel collagen-based products customised to the precise needs of the patient and their injury.

 

From a business and manufacturing perspective, there is also the advantage that the collagen sources used for these materials are many times more efficient than current comparable collagen feed-stocks. These advantages will inevitably assist other areas of clinical research into technologies for rapid and specific fabrication of novel tissues using bio-lamination or 3D bio-printing which are presently very difficult due to the lack of suitable support materials. 

 

It is envisaged that this platform technology will enable the creation of a new generation of collagen based tissue replacements for use in a far wider patient population than is presently feasible with added potential to expedite both autologous and allogeneic cell therapies.

 

Dr Stewart White, Chief Executive Officer of Collagen Solutions, said: "This licence is hugely significant for Collagen Solutions as it places us at the very centre of the future of collagen engineering. With our own know-how and exclusive access to the technology developed in Professor Brown's laboratory, we believe that this combination will make us the "go to" company for any company looking to create biomaterial-based tissue regeneration and repair products. The licensing of this IP is designed to integrate our specialist collagen capabilities with the diverse biomedical capacity and global research standing of UCL and will drive forward patient benefit in many new areas of regenerative medicine."

 

Professor Brown, Director of Research at the Centre for Tissue Regeneration Science within the Institute of Orthopaedics and Musculo-Skeletal Sciences (Division of Surgery) in the UCL Medical School and Scientific Advisor to Collagen Solutions added: "This marks a new stage in the development of the established close links between Collagen Solutions and my own labs at UCL. This relationship has grown out of the flexibility that the Company has shown and its development capability that we feel will be instrumental in successfully commercialising this IP which is the culmination of many years of research and emphasises the pivotal role that collagen materials have in regenerative medicine."

 

 

 

Enquiries:

 

Collagen Solutions Plc

 

David Evans, Chairman 

Tel: 07740 084 452

Stewart White, CEO

Tel: 0141 558 2008

 

 

Zeus Capital (Nominated Adviser and Broker)

 

Ross Andrews / John Depasquale (Corporate Finance)

Tel: 0161 831 1512

Dominic Wilson (Institutional Sales)

Tel: 020 7533 7727

 

 

Walbrook PR Ltd

Tel: 020 7933 8780 or [email protected]

Mike Wort

Mob: 07900 608 002

Anna Dunphy

Mob: 07876 741 001

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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