Cytori Therapeutics receives European approval for Intravase
Cytori Therapeutics' new reagent for use when administering intravascular stem cells to patients has received a CE Mark of approval in Europe.
A CE Mark in Europe has been issued for Inravase, the new reagent from Cytori Therapeutics designed to be used with its Celution System to prepare safe and optimised adipose-derived stem and regenerative cells (ADRCs) for intravascular delivery into patients.
Intraverse is a sterile secondary reagent that is used to prepare the Cellution cell output for safe delivery of ADRCs into patients.
It is already being used in US trials in patients with heart failure due to chronic myocardial ischemia and a European Advance trial for acute heart attack patients.
Marc Hedrick, president of Cytori, said: "This approval extends our market access for our cell therapy platform to include intravascular applications.
"As a result, this is expected to contribute to revenue growth in 2013 and beyond."
He added that acquiring CE Mark approval for Intravase will allow independent European investigators now to launch their own vascular studies utilising the reagent.
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