Wednesday, August 7, 2013

Cardium Therapeutics, Inc. (CXM) Signs Distribution Agreement with Kasiak to Reach Germany And Switzerland

Today before the opening bell, Cardium Therapeutics announced that it has entered into a distribution agreement with Kasiak Holdings AG for the marketing and sale of Excellagen® advanced wound care product in Germany and Switzerland. Kasiak Holdings is affiliated with Kasiak Research, an operating unit of India-based Bharat Serums and Vaccines that develops and manufactures specialized biological, pharmaceutical, and biotechnology products.

Cardium’s FDA-cleared Excellagen is an aseptically-manufactured collagen homogenate that can promote chemotaxis, cellular adhesion, migration, and proliferation to stimulate tissue formation. Excellagen represents a new product delivery platform that allows for the potential development of a portfolio of advanced tissue regeneration therapeutic opportunities that could include anti-infectives, antibiotics, peptides, proteins, small molecules, DNA, stem cells, differentiated cells, and conditioned cell media.

In several Excellagen case studies, physicians reported a rapid onset of the growth of granulation tissue in a wide array of wounds, including non-healing diabetic foot ulcers (consistent with the results of Cardium’s Matrix clinical study), as well as pressure ulcers, venous ulcers, and Mohs surgical wounds. In certain cases, rapid granulation tissue growth and wound closure have been achieved with Excellagen following unsuccessful treatment with other advanced wound care approaches.

For more information about Cardium and Excellagen, visit www.cardiumthx.com

About MissionIR 

MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.

Sign up for “The Mission Report” at www.MissionIR.com

Please see disclaimer on the MissionIR website
http://www.missionir.com/disclaimer.html