Agreement expands Dermagraft presence within government channels
WEST PORT, Conn., and SCOTTSDALE, Ariz., May 7 /PRNewswire/ -- Advanced BioHealing, Inc. (ABH) and Regenesis Biomedical, Inc. announced today an agreement focused on the promotion of Dermagraft(R) within the United States (US) government healthcare system. Under terms of the agreement Regenesis will provide its specialized sales force to market ABH's product Dermagraft within the Veteran's Administration (VA), Department of Defense (DOD), and TriCare healthcare payer systems.
"Since launching Dermagraft in 2007, we have seen the need for a focused commercial presence within government healthcare systems," said Kevin Rakin, Chairman and CEO of Advanced BioHealing. "The management team at Regenesis has developed a corporate competency in promoting and distributing advanced wound care technology within these systems. We believe this co-promotion is the most effective way to maximize reach and penetration of Dermagraft in this specialized market."
Dermagraft is a bioengineered tissue product approved by the Food and Drug Administration (FDA) for the treatment of diabetic foot ulcers (DFUs). DFUs, a complication of diabetes, affect more than 400,000 people every year in the US. If not treated properly, DFUs can result in serious infection, sometimes resulting in the need for partial or full limb amputation. There are over 100,000 amputations performed annually in the US with more than 80% owing their origin to uncontrolled infection.
"There are many wound care companies that would enjoy the opportunity
to promote a product like Dermagraft," says Virginia Rybski, Acting
President of Regenesis Biomedical. "ABH has done a tremendous job in
promoting the product in the traditional out-patient environment. We are
pleased to have
|SOURCE Regenesis Biomedical, Inc.; Advanced BioHealing, Inc.|
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