Cytori Receives Cell Banking Patent for the Celution(R) System
SAN DIEGO, Mar 11, 2009 (BUSINESS WIRE) -- Cytori Therapeutics, Inc. (NASDAQ:CYTX) received U.S. Patent No. 7,501,115 (the '115 patent), which covers methods of cooling and cryopreserving stem and regenerative cells processed by the Celution(R) System. This patent provides additional protection for the Company's cell banking platform, the StemSource(R) Cell Bank, which Cytori is currently commercializing in both Europe and Asia.
The '115 patent protects another specific commercial application of the core Celution(R) System technology, which is covered under U.S. Patent No. 7,390,484 (the '484 patent), issued in July 2008. In addition to the '484 patent, the Company now has three patents covering various formulations and applications of the Celution(R) System output. Collectively, these new patents continue to strengthen Cytori's proprietary position as it relates to automated systems for processing a heterogeneous mixture of stem and regenerative cells within adipose tissue.
Cytori currently manufactures the Celution(R) System in the United States to be sold as part of its StemSource(R) Cell Bank platform to hospitals, tissue banks and stem cell storage organizations in Europe and Asia Pacific. The Celution (R)900/MB is an automated system that makes simple and affordable an otherwise cumbersome and costly process of preparing cells for storage. The StemSource(R) Cell Bank enables organizations to offer their patients' the opportunity to preserve their own adipose-derived stem and regenerative cells for potential future use as needed.
Cytori's intellectual property portfolio includes ten issued U.S. and international patents and numerous applications pending worldwide related to the devices, methods and uses of adipose-derived stem and regenerative cells. The Company believes these patents and applications along with its proprietary know-how, exclusive supply agreements, partnerships, and instrumentation create significant market protection for Cytori. |
