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Thursday January 29, 3:39 pm Eastern Time
Company Press Release
SOURCE: Advanced Tissue Sciences, Inc.
FDA Advisory Panel Recommends Approval of Dermagraft(R) for the Treatment of Diabetic Foot Ulcers
LA JOLLA, Calif., Jan. 29 /PRNewswire/ -- Advanced Tissue Sciences, Inc. (Nasdaq: ATIS - news) and its partner, Smith & Nephew plc, announced today that the General and Plastic Surgery Devices Panel of the Medical Devices Advisory Committee to the U.S. Food and Drug Administration (FDA) recommended that the agency approve Dermagraft, a living human dermal replacement for the treatment of diabetic foot ulcers, with the condition that the Company perform a post marketing study.
''The panel's favorable recommendation represents another major step forward in the commercialization of unique, human-based tissue engineering solutions for the treatment of diabetic foot ulcers,'' said Gail K. Naughton Ph.D., President and Chief Operating Officer of Advanced Tissue Sciences. ''As the first human dermal skin replacement, Dermagraft can provide a significant new treatment alternative for the more than 400,000 patients in the United States who suffer from chronic, hard-to-heal diabetic foot ulcers each year.''
Chris O'Donnell, Chief Executive of Smith & Nephew said, ''This confirms our confidence in Dermagraft and is a significant milestone in our worldwide roll-out of this biological wound healing product. With the recent expansion of our joint venture, this strengthens our leadership position within the U.S. and global wound management market.''
''Based on my experience in treating diabetic foot ulcers, I was quite impressed with the clinical data and increased rate of healing achieved with Dermagraft, a very important factor in preventing amputation,'' said Marvin Levin M.D., Professor of Clinical Medicine Emeritus and Associate Director of the Diabetes, Endocrinology and Metabolism Clinic, Washington University School of Medicine in St. Louis and Editor of The Diabetic Foot.
In the United States, diabetic foot ulcers affect approximately 15% of the 16 million diabetic patients in their lifetime. The vote to recommend approval was made after the Company presented pivotal and supplemental clinical trial data demonstrating the safety and effectiveness of Dermagraft in reaching its primary endpoint, complete healing of the diabetic foot ulcers within twelve weeks.
Dermagraft is a living, human dermal replacement produced by culturing human dermal fibroblasts (a type of cell commonly found in the dermal layer and in connective tissue) onto a biosynthetic scaffold. As the fibroblasts proliferate on the scaffold, they secrete important structural proteins and growth factors, generating a three-dimensional human dermis. Dermagraft is then frozen for storage and shipment to the treating physicians for implantation into patients.
Advanced Tissue Sciences and Smith & Nephew are pursuing the worldwide commercialization of Dermagraft through a fifty-fifty joint venture. The joint venture was recently expanded to include the worldwide development and marketing of Dermagraft and Dermagraft-TC(TM), and future product developments, for venous ulcers, pressure sores, burns and other skin wounds. Advanced Tissue Sciences will continue to market Dermagraft-TC for the treatment of full and partial-thickness burns in the United States under marketing approvals from the FDA.
Advanced Tissue Sciences, Inc. is a tissue engineering company utilizing its proprietary core technology to develop and manufacture human tissue products for tissue repair and transplantation. In addition to Dermagraft and Dermagraft-TC, the Company also is developing products for cartilage and cardiovascular applications.
Smith & Nephew, a leading worldwide healthcare company with more than $1.7 billion in annual sales, has a highly successful track record in developing, manufacturing and marketing a wide variety of innovative and technologically advanced tissue repair products, primarily in the areas of bone, joints, skin and other soft tissue. Smith & Nephew has extensive marketing and distribution capabilities and sales in more than 90 countries.
The discussion contained in this press release relating to approval and commercialization of the Company's products, market opportunities and therapeutic benefits involves risks and uncertainties. No assurance can be given that the FDA will follow the recommendation made by the Advisory Panel described above, or that the Company will successfully obtain FDA or other regulatory approvals of other products (or that any such approvals will be obtained on a timely basis), scale up manufacturing processes, launch its products within indicated timeframes, or successfully commercialize or significantly penetrate the markets for any of its products. These and other risks are detailed in the Company's publicly available filings with the Securities and Exchange Commission including its Annual Report on Form 10-K. Actual results may differ materially from those currently anticipated as a result of such risks.
SOURCE: Advanced Tissue Sciences, Inc.
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