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TEI Biosciences Wins SBANE 2011 New England Innovation Award
Date:5/13/2011

BOSTON, May 13, 2011 /PRNewswire/ -- TEI Biosciences Inc. was named a winner of the prestigious New England Innovation Award sponsored by the Smaller Business Association of New England (SBANE). TEI was selected from 185 innovative companies and was one of six winners in the for-profit category.

Former winners of this prestigious award come from varying fields including technology, manufacturing, service and retail/distribution, and include Genzyme, Staples, iRobot, PictureTel, and Ben & Jerry's.

"At TEI, we bring continued innovation to the field of soft tissue repair and reconstruction as we look to provide dramatic impact on patient outcomes.  We are truly honored to be recognized by SBANE, who are committed to identifying and recognizing companies that have transformed their innovative ideas into products or services that deliver proven value to customers," said Yiannis Monovoukas, Ph.D., M.B.A., TEI's Chairman, President and CEO.

About TEI Biosciences Inc.

A Boston-based, privately-held, leading biomedical company, TEI Biosciences has applied its expertise in regenerative medicine to develop and commercialize novel biologic devices for a broad spectrum of soft tissue repair and regeneration applications -- from dura, tendon and hernia repair to plastic and reconstructive surgery, and wound healing.

TEI sells its products directly and through partnerships with some of the world's major medical device companies.  TEI's marketed products include:

  • SurgiMend® for plastic & reconstructive surgery and abdominal wall reconstruction
  • SurgiMend® PRS for breast reconstruction
  • PriMatrix™ for skin wound management
  • PriMatrix™ Ag Antimicrobial for skin wound management
  • Durepair® for cranial dura repair (marketed by Medtronic)
  • Xenform™ for pelvic floor reconstruction (marketed by Boston Scientific)
  • TissueMend® for tendon augmentation (marketed by Stryker)

About SBANE

The Smaller Business Association of New England (SBANE) is a private, non-profit organization representing 1,000 member companies in the six-state region.  Its mission is to help small businesses compete and grow through proactive advocacy initiatives, educational programs and cost-saving benefits.  For more information about SBANE and the New England Innovation Awards Program, visit www.sbane.org or call 781/890-9070.


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SOURCE TEI Biosciences Inc.
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