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Micell Technologies Announces Issuance of Core Technology Patent
Date:11/6/2012

DURHAM, N.C., Nov. 6, 2012 /PRNewswire/ -- Micell Technologies, Inc. today announced that the United States Patent and Trademark Office (USPTO) has issued a patent covering the company's surface and polymer modification technology. This intellectual property protection is related to Micell's investigational MiStent® Sirolimus Eluting Absorbable Polymer Coronary Stent System (MiStent SES™), as well as potential additional biomedical products. The patent rights are assigned to and wholly owned by Micell.

The patent, "Polymer Coatings Containing Drug Powder of Controlled Morphology" (US Patent Number 8,298,565), covers:

  • Coating methods enabling medical devices with unique and potentially advantageous clinical properties.
  • Coating methods that are key to Micell's proprietary manufacturing technology.  
  • Formulations for implantable device/drug combination products, which are intended to confer enhanced stability and delivery by controlling the morphology of the drug(s) in the coating.

James B. McClain, Ph.D., Senior Vice President and co-founder of Micell, said, "This marks an important milestone in the execution of Micell's international intellectual property strategy. This patent issuance is the beginning of the realization of over 6,000 filed patent claims and supports our belief that Micell's coating technology and methods are novel, differentiated, scalable and transferable."

Micell currently is using its proprietary technology in products under development including the MiStent SES -- a thin-strut sirolimus-eluting stent distinguished by a rapid-absorbing drug/polymer coating designed to control drug release.  The MiStent SES clinical development program recently completed the 12-month patient follow-up in the DESSOLVE II study and 18 month patient follow-up in the DESSOLVE I study.  In addition, Micell also has a drug-coated
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SOURCE Micell Technologies, Inc.
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