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AxoGen, Inc. Announces CE Mark Approval for AxoGuard® Nerve Protector and AxoGuard® Nerve Connector
Date:5/1/2013

Alachua, FL (PRWEB) May 01, 2013

AxoGen, Inc. (OTCBB: AXGN), a leading regenerative medicine company focused on the commercialization of proprietary products and technologies for peripheral nerve reconstruction and regeneration, today announced European CE Mark approval for two of its nerve repair products, AxoGuard® Nerve Protector and AxoGuard® Nerve Connector.

AxoGuard® Nerve Connector and AxoGuard® Nerve Protector are derived from a porcine submucosa extracellular matrix. The AxoGuard® Nerve Connector is a coaptation aid for tensionless repair of severed nerves and the AxoGuard® Nerve Protector is used to wrap and protect injured peripheral nerves and reinforce coaptation sites while preventing soft tissue attachments. AxoGen will utilize its existing distribution partners in Europe to sell the products. The AxoGuard® Products are complementary to AxoGen’s Avance® Nerve Graft, the only commercially available processed nerve allograft for bridging nerve discontinuities (gaps created when nerves are severed),which is available in the US, Canada, Austria, Italy and Switzerland. AxoGen has also recently completed the regulatory registration process for Avance® Nerve Graft in the UK and the Netherlands, and has partnered with Hospital Innovations (UK) and Taureon (Netherlands) to distribute its full family of nerve repair products.

AxoGen CEO Karen Zaderej commented, “The CE Mark approval for AxoGuard® Nerve Protector and AxoGuard® Nerve Connector is a significant milestone in our effort to expand availability of the AxoGen family of products to Europe and i
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