St. Teresa Medical exclusively licensed the technology from HJF and Virginia Commonwealth University (VCU) in 2010. "We offer our congratulations to the teams at HJF and USU and are grateful for our ongoing affiliations with these esteemed organizations," says Philip A. Messina, President and Chief Executive Officer of St. Teresa Medical, Inc.
About St. Teresa Medical, Inc.®
St. Teresa Medical, Inc. has developed a platform technology called FASTCLOT®. SURGICLOT, the technology's product used in human clinical trials, is comprised of USP grade electrospun dextran and human plasma proteins. Dextran is a branched-chain polysaccharide that has been used in medicine for many decades. It is highly soluble in liquid such as blood. Due to its high molecular weight, it is an excellent osmotic agent. SURGICLOT is the only dissolvable hemostatic agent that does not swell in the body making it ideal for cancellous bone bleeding. SURGICLOT performed well in human trials in the UK, Norway and India. (See St. Teresa Medical's website for more information at www.stteresamedical.com) The company is in the process of submitting its dossier for CE Mark for commercialization in the EU. The electrospun dextran dressing is the ideal carrier for the FASTCLOT platform technology and for clotting proteins because it is safe, dissolves rapidly and does not leave a trace. FASTCLOT® is a platform nanotechnology that will have many applications.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/st-teresa-medical-inc-technology-collaborator-to-be-presented-with-2017-award-for-excellence-in-technology-transfer-300406919.html
SOURCE St. Teresa Medical, Inc.