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American Medical Systems and Tissue Genesis Sign $1.1 Million Collaboration Deal
Date:1/28/2010

m™ – for use in human pelvic health applications, with an additional two year right of first refusal. Along with milestone payments, Tissue Genesis will receive rights to certain data and derivative technology developed under the agreement. Tissue Genesis, in turn, will provide American Medical Systems with instruments, disposables, and know-how to allow American Medical Systems to develop state-of-the-art regenerative cell applications.

The Tissue Genesis Cell Isolation System processes a small amount of the patient's own adipose tissue into a concentration of millions of regenerative cells, including adult stem cells, microvascular endothelial cells, and other cells. These cells can be coated onto artificial implants or directly injected into damaged tissue, to improve circulation and support the formation of new tissue. The Cell Isolation System conveniently brings cell therapy solutions right to a patient's bedside, as it completes the process in about an hour – in the operating room – while the surgeon prepares the patient to receive his or her own cells back into the damaged area.

Through this new collaboration, American Medical Systems joins the Tissue Genesis Commercialization Consortium(SM) of companies, institutions and researchers who share their expertise. The consortium forms a network of top researchers in the field of adipose-derived regenerative cell technology for the mutual benefit of all the members.

Dr. Stuart Williams, Chief Science Officer of Tissue Genesis, and a pioneer of adipose-derived cell technology, said: "The addition of American Medical Systems to the companies and institutions working on Tissue Genesis' regenerative cell technology will significantly extend our advancement in this market. This collaboration has the potential to propel both companies into the next generation of regenerative healthcare."

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SOURCE Tissue Genesis, Inc.
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