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FzioMed, Inc. Receives Additional Patents for Oxiplex Technology
in Surgical Adhesion Prevention
SAN LUIS OBISPO, California - April 4, 2000 - FzioMed, Inc. announced
today that the U.S. Patent and Trademark Office has issued two
additional patents to the Company. Both patents are related to
Oxiplex, a unique polymer technology developed by FzioMed
to produce bioresorbable materials for a variety of medical applications.
FzioMed is developing a diverse line of Oxiplex products
targeting medical markets such as post-surgical adhesion prevention,
osteoarthritis and drug delivery. Ron Haynes, FzioMed President
and CEO, said, "These new patents further broaden FzioMed's
proprietary position in the field of adhesion prevention. We are
building a strong competitive position for the future Oxiplex
product line." Post-surgical adhesions are abnormal, fibrous
attachments between tissues and organs that can form in the body
following surgery. Adhesions tether organs and tissues together
and can cause major complications such as chronic pain, infertility
and intestinal obstruction.
Founded in 1996, FzioMed is a medical company engaged in the
development and manufacture of bioresorbable materials based on
the Company's proprietary Oxiplex technology. Oxiplex
is a unique polymer technology that can be formulated for a variety
of targeted uses. Clinical trials of FzioMed's first product,
a bioresorbable Oxiplex Film for adhesion prevention in
laparoscopic and open surgery, are underway in the United States.
Two additional products, both bioresorbable gels, are in late-stage
pre-clinical development for adhesion prevention in spine and
pelvic/gynecology surgeries. FzioMed has developed the FilmSert
instrument, a tool designed to deliver Oxiplex film products
in a laparoscopic surgical procedure. The Company is also developing
Oxiplex formulations for future targets including osteoarthritis.
Oxiplex and FilmSert
are registered trademarks of FzioMed, Inc.
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