"We have the potential to create a new paradigm for the treatment of injured performance horses using our unique approach of capturing stem cells when the horse is born up through the first year of life. This represents a potentially sizeable market opportunity for the Company in which we believe we can achieve a meaningful competitive advantage quickly. Equine stem cells are being used successfully to treat a number of injuries today, with the potential for significant and rapid growth given the early clinical efficacy of these treatments and relatively low regulatory hurdles in the veterinary market," he added.
"The collaborative support and assistance we will be receiving from Vantus should allow our scientists to move forward rapidly in the development of new and unique veterinary stem cell applications. We expect that their experience in the processing and bioarchival storage of stem cells, combined with the expertise of our research and clinical personnel, will provide compelling synergy for scientific discovery," said Dr. Gregory Ferraro, of the UC Davis Center for Equine Health.
Osgood noted, "In addition, the experience we gain in the veterinary stem cell market and the products and services that will come from research and innovations in harvesting, processing, and therapeutic treatments, will directly translate to treatment of human orthopedic injury and disease and speed our entry into this evolving market."
"Finally, we believe our wound healing technologies will have direct application in the veterinary market, which we expect will add additional revenues to the Company," he added.
To learn more about Vantus please log onto http://www.vantuslabs.com.
About ThermoGenesis Corp.
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