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Musculoskeletal Transplant Foundation Announces Major Development Milestone in Stem Cell Allograft Product
Date:12/15/2008

EDISON, N.J., Dec. 15 /PRNewswire/ -- The Musculoskeletal Transplant Foundation (MTF) announced today that it has completed a major portion of the development phase in its efforts to develop a next-generation stem cell allograft tissue form in partnership with Orthofix International N.V. (Nasdaq: OFIX). MTF's research team has delivered a robust data package to Orthofix which confirms the relative superiority of this tissue form against other similar tissue forms already on the market. The partnership between MTF and Orthofix has now achieved success in the development phase, allowing the quick transition to commercialization and an expectation that the tissue form will be available to surgeons by June 2009.

"Our partnership with Orthofix is an excellent example of how the non-profit and for-profit worlds can work together to pursue medical advances that will significantly benefit patients," said Bruce Stroever, CEO of MTF. "Our team is very pleased to have achieved this major development milestone, knowing that it means surgeons will have a next-generation stem cell-based allograft available for use within six months."

In 2008, MTF and Orthofix announced a Development Agreement to work together to develop and distribute a stem cell-based allograft tissue form. The new tissue form, called Trinity Evolution(TM), will bring advances to the surgical use of allografts. The tissue form is a stem cell-based bone growth matrix designed to behave like an autograft in spinal and orthopedic surgeries.

In addition to its research and development expertise, MTF acts as a bridge between the donor, the donor family and the transplant recipient; processing and distributing allograft tissue to hospitals and clinics around the country. As a non-profit service organization, MTF provides quality tissue through a commitment
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SOURCE Musculoskeletal Transplant Foundation
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