Guest guest Posted October 12, 1998 Report Share Posted October 12, 1998 Is a World Leader in safe bioimplants for tissue repair, with offices in Parsippany, NJ and Erlangen, Germany and tissue processing facilities in Alachua, FL and Neunkirchen, Germany. The company's main products are allografts which are donated human tissues preserved for reimplantation in humans. Symbol: TTGN Tutogen Medical, Inc. (formerly Biodynamics International, Inc.), is a world leader in safe bioimplants for tissue repair, with offices in Parsippany, NJ and Erlangen, Germany and tissue processing facilities in Neunkirchen Germany and Alachua, FL. The Company's main products are allografts which are donated human tissues, preserved with the Company's patented Tutoplast® process of tissue preservation and viral inactivation. The Company is expanding it's technology to xenografts, (tissues from animals) and to tissue engineered grafts with a biological base Tutoplast® processed dura mater serves as a scaffold for the ingrowth of host tissues so that during the course of healing, the implant is replaced. Therefore, neither explantation nor re-operation is required. The Tutoplast® process removes antigens which minimizes the potential for immune reaction Tutoplast® processed Bone / Clean Bone are solvent dehydrated, gamma- irradiated whole and crushed human bone. The Tutoplast® Bone / Clean Bone are indicated for areas requiring additional bone pieces, such as filling of bone defects and plastic reconstruction of resected or damaged bone areas. Tutoplast® processed Pericardium is indicated for implantation with a specific spectrum of indications. Collagenous connective tissue with multidirectional fibers retains the mechanical strength and elasticity of native pericardium, while providing the basic formative structure to support replacement by new endogenous tissue. Tutoplast® processed fascia lata serves as a scaffold for the ingrowth of host tissues so that during the course of healing, the implant is replaced. Therefore, neither explantation nor re-operation is required. The Tutoplast® process removes antigens which minimizes the potential for immune reaction. Competitive Advantage Safety - Tutogen's competitive advantage is it's patented Tutoplast® process for tissue preservation and viral inactivation. The process is based on solvent dehydration, as distingished from freezing or cryopreservation. It preserves the tissue's integrity, and the implants are remodeled by the body's own cells in the course of normal healing. The process has an outstanding safty record. Since its introduction more than 25 years ago, more than 750,000 procedures have been performed using Tutoplast® processed tissues. There are no known complications from disease transmission or tissue rejection attributable to the implants. Tutoplast® processed implants have been descibed in a substantial number of published scientific papers. Tutoplast® implants meet FDA requirements for marketing in the United States and are recognized for their outstanding quality. Worldwide Distribution - Currently, some 80% of TTGN's revenues come from outside the United States. TTGN has a worldwide distribution network with representation in more than 40 countries. A major effort is under way to increase penetration in major European markets and especially in the U.S. Market. With its tissue processing facility in the U.S., TTGN is in a unique position to accomplish this objective. Strategy for Growth The present market for bioimplants is approximately $1.2 billion worldwide. The broader market of biomaterials for tissue repair is approximately $4 billion, 55% in the U.S. The market is driven by the aging population, the more active life styles and the increasing emphasis on life enhancement in addition to curing disease. Market growth in the segments in which Tutogen competes is estimated to be in double digits. The Company's strategy for growth is to leverage the exsting allograft business, the worldwide distribution organization and the Tutoplast® technology into a major franchise in biomaterials for tissue repair. Product development strategy in the short run will focus on maximizing the potential of the allograft business through specialty products in soft tissues and hard tissues (bones). In addition, the product scope with be broadened through the development of xenografts (tissues from animals). There is scientific evidence that Tutoplast® processed xenografts are equivalent to Tutoplast® processed allografts. TTGN is also pursuing the developement of tissue engineered biomaterials with major market potentail, in as much as Tutoplast® processed tissues are expected to represent ideal carriers for tissue engineered products. Major unfilled needs are in fields such as bone repair, cartilage repair and vascular grafts for bypass surgery. Tutogen is an investment opportunity in biomaterials for tissue repair with a line of proven products and a technology upside. Website at http://www.tutogen.com/start.htm Quote Link to comment Share on other sites More sharing options...
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