BioTissue divests surgical and wound care business to BioStem, sharpening focus on ocular regeneration

BioTissue divests surgical and wound care business to BioStem, sharpening focus on ocular regeneration

BioTissue Holdings, Inc. has completed the divestiture of its non-ocular surgical and wound care business to BioStem Technologies, Inc. in a transaction valued at approximately $15 million upfront, with potential earnouts tied to regulatory and commercial milestones. The deal transfers ownership of the Neox and Clarix product lines, along with a seasoned commercial team and […]

INTENT Biologics secures FDA pediatric waiver, clears path to late-stage DFU trial for PEP Biologic

INTENT Biologics secures FDA pediatric waiver, clears path to late-stage DFU trial for PEP Biologic

The U.S. Food and Drug Administration (FDA) has granted INTENT Biologics a full pediatric study waiver for its lead candidate, PEP Biologic, under IND 019567. The waiver, part of an agreed Initial Pediatric Study Plan (iPSP), applies to the product’s adult-focused development for diabetic foot ulcers (DFUs), a serious chronic wound indication preparing for pivotal […]

LifeNet Health acquires Tissue Testing Technologies to scale biopreservation in regenerative medicine

LifeNet Health acquires Tissue Testing Technologies to scale biopreservation in regenerative medicine

LifeNet Health has announced the acquisition of Tissue Testing Technologies LLC (T3), a South Carolina–based biotechnology company specializing in advanced biopreservation. The deal expands LifeNet Health’s capabilities in organ and tissue preservation by integrating proprietary vitrification and warming technologies developed by Tissue Testing Technologies. The transaction is positioned to enhance clinical transplantation success rates, support […]

Is Zegen-15 the breakthrough diabetic foot ulcer therapy insurers will finally cover?

Is Zegen-15 the breakthrough diabetic foot ulcer therapy insurers will finally cover?

Zegenex, a Pittsburgh-based biotechnology company focused on regenerative wound care, has secured a $215,000 social-impact investment from the Richard King Mellon Foundation to accelerate formulation and preclinical development of Zegen-15, a first-in-class small-molecule cream targeting chronic wounds, including diabetic foot ulcers. The funding positions Zegenex to begin clinical trials by the end of 2026 and […]