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Phillips Plastics to help develop orthopedics with stem cells

Prescott, Wis. - Phillips Plastics Corp., a custom injection molder and materials science company based in Prescott, Wis., has entered into a collaborative agreement with a St. Paul biomedical company to develop and commercialize stem cell therapeutics for orthopedic applications.

The agreement with BioE, Inc., which develops human stem......

Full article >>> s to enhance the growth of BioE's progenitor cell.

The companies initially will focus on developing combination products for strategic licensing. BioE's business model was developed for a licensor, and Phillips' technology already was the element of licenses, so the collaboration fits nicely with the BioE's partnering strategy, Haider said.

While their target market is not the ac......

Full article >>> ed with Phillips' patent portfolio and its keen understanding of the needs of medical companies.

"We found out it was quite synergistic," he said.


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'"/> By WTN News 05/21/07

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