Frost & Sullivan Recognizes Lifeblood Medical for Its Innovation in Organ Preservation and Development of the Lifor(R... (temperatures Lifor offers a three-fold i...)

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Frost & Sullivan Recognizes Lifeblood Medical for Its Innovation in Organ Preservation and Development of the Lifor(R) Solution

Date:10/27/2008

temperatures, Lifor offers a three-fold increase of up to 36 hours at room and body temperature -- a breaking innovation in a market that serves a critical life-saving need.

Unlike other competing products, Lifor is animal protein and animal serum free, removing the possibility of contamination during cell culturing and preservation. Further, Lifeblood Medical does not use dimethyl sulfoxide (DMSO) in its product. A commonly used chemical in cryopreservation, DMSO is considered to be toxic to cells. Lifeblood has been able to achieve better results through this solution.

"Its innovative technology provides Lifeblood Medical the opportunity to expand its applications beyond organ transplantation and create new niches," notes Subramanian. "Other potential applications that provide Lifeblood Medical the opportunity to expand its position in the marketplace and accelerate its growth include stem cell research, flu vaccines, cancer research, limb preservation, tissue banking, cryopreservation of sperm cells for in vitro fertilization, and as a blood substitute."

Lifeblood Medical's technology offers a non-toxic medium for collection and preservation of stem cells and cryopreservation of cord blood. It has a potential application in the cell-based production of flu vaccines due to the lack of animal products. In cancer research, Lifeblood Medical's solution can help preserve tumor tissue, assisting companies to develop a patient-specific approach towards cancer treatment. Limb preservation can also benefit trauma medicine in both the civilian and military setting. The U.S. Navy is currently investigating Lifeblood Medical's solution technology in this setting.

For developing a solution for a variety of underserved areas of healthcare, and providing a technology platform that could drive innovation and improve medicine, Lifeblood Medical is the worthy recipient of the 2008 North American Frost & Sullivan Healthcare Innovation Award in the pharma
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Frost & Sullivan Recognizes Lifeblood Medical for Its Innovation in Organ Preservation and Development of the Lifor(R...(temperatures Lifor offers a three-fold i...),Health