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Serica Technologies Expands Facilities in Massachusetts, Combines State-Of-The-Art Textile Engineering and Biomedical Manufacturing
Date:9/11/2007

MEDFORD, Mass., Sept. 11 /PRNewswire/ -- Serica Technologies, Inc., a growth-stage medical device company, has expanded its headquarters facilities, and recently completed the first manufacturing run of its novel biomaterial made from natural silk protein. Serica's new headquarters in Medford, MA, includes 22,000 square feet of state-of-the-art research and development laboratories, as well as manufacturing and administrative space. The facility is located convenient to Tufts University, where the company has ongoing collaborative research programs.

"This impressive facility is an excellent example of Massachusetts leading the way in this new century of the life sciences," said Senator Edward M. Kennedy. "Helping patients recover more quickly from surgery is an urgent medical need. The breakthrough new biomaterials being developed by Serica have great potential to improve the lives of countless patients across the country and throughout the world. I commend Serica for its pioneering new facility."

"We are entering an exciting new phase in the company's history, expanding our facilities and research programs to advance our technology platforms in orthopedic and reconstructive surgery, as well as a broad range of other applications in tissue repair," said Gregory H. Altman, Ph.D., President and CEO, Serica Technologies. "Serica is one of the few start-up companies committed to manufacturing -- we specialize in the proprietary processing of raw material to the packaging of finished product, combining state-of-the-art textile engineering and biomedical manufacturing capabilities."

Serica's new facilities feature nearly 12,000 square feet of research labs and a unique controlled environment manufacturing suite, which includes custom-designed textile processing equipment to achieve state-of-the-art production of its silk-based medical device product portfolio. Half of the company's 30 employees have received advanced scientific and medical degrees
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