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AxoGen, Inc. Receives Grant in Partnership with Vanderbilt University from U.S. Department of Defense
Date:5/23/2013

Alachua, FL (PRWEB) May 23, 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 that the Company and Vanderbilt University have been awarded a shared $1.1 million grant, for which AxoGen’s portion is approximately 35%, from the Congressional Directed Medical Research Programs administrated by the U.S. Department of Defense (DoD) to support the development and expansion of nerve repair technologies.

Erick DeVinney, Director Clinical and Translational Sciences at AxoGen, said, “We are excited that the Department of Defense has recognized and reinforced the clinical value of AxoGen’s peripheral nerve repair platforms in the treatment of traumatic injuries. This grant supports our goal of providing new, life improving solutions for peripheral nerve injuries for wounded warriors and for civilian patients.”

The grant was awarded by the DoD’s Peer Reviewed Orthopaedic Research Program (PRORP) to support a development program jointly led by Wesley Thayer, MD, PhD, Assistant Professor at Vanderbilt University’s Department of Plastic Surgery and Curt Deister, PhD, of AxoGen.

Dr. Thayer added, “Grant funding and collaboration with industry partners helps ensure the translation of innovative technologies from the research lab to clinical use in patients. We are pleased to partner with AxoGen to make advances in the field of peripheral nerve repair.”

AxoGen’s peripheral nerve regeneration technologies are also involved in additional PRORP grant-funded projects in collaboration with the regenerative medicine and orthopedic research divisions of two other prestigious academic institutions. For more information on AxoGen and its technology, please visit

Source: PRWeb
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