RANCHO CORDOVA, Calif., Jan. 19 /PRNewswire-FirstCall/ -- ThermoGenesis Corp. , a company that develops and markets enabling technologies for cord blood stem cell therapy and surgical wound care, announced today that Mr. Philip H. Coelho, the Company’s Chairman and Chief Executive Officer, will be a featured speaker at the International Stem Cells and Regenerative Medicine 2007 meeting to be held January 22-24, 2007 in San Francisco, California.
Mr. Coelho’s presentation, “Maximizing the Therapeutic Potential of Cord Blood Transplantation Using Automated Devices with Dedicated Closed System Disposables,” will provide an overview of how the company’s cell therapy devices -- AutoXpress(TM) (AXP(TM)) System and BioArchive(R) System -- automate the cord blood banking process to maximize cell recovery and viability throughout the cord blood processing, freezing and storage procedures to enhance clinical efficacy of cord blood transplantation. The presentation will also suggest additional cell therapies where these automated systems may have value.
About ThermoGenesis Corp.
ThermoGenesis Corp. (www.thermogenesis.com) is a leader in developing and manufacturing automated blood processing systems and disposable products that enable the manufacture, preservation and delivery of cell and tissue therapy products. These products include:
* The BioArchive(R) System, an automated cryogenic device, is used by cord blood stem cell banks in more than 25 countries for cryopreserving and archiving cord blood stem cell units for transplant. GE Healthcare is the non-exclusive global distribution partner for the BioArchive System. * The AutoXpress System (AXP(TM)), is a newly developed semi-automated device and companion sterile closed blood processing disposable, to harvest stem cells from cord blood. GE Healthcare is the exclusive global distribution partner for the AXP AutoXpress System. * The CryoSeal(R) FS System, an automated device and companion sterile blood processing disposable, is used to prepare fibrin sealants from plasma in about an hour. A 150-patient U.S. pivotal clinical trial has been completed and a pre-market approval application (PMA) is being reviewed by the FDA. The CryoSeal FS System has received the CE-Mark. From a marketing perspective, the CE Mark is the European equivalent to an FDA approval, in that it allows sales of the product throughout the European community. * The Thrombin Processing Device(TM) (TPD(TM)) is a sterile blood processing disposable that prepares activated thrombin from a small aliquot of plasma in less than 30 minutes. The CE-Marked TPD is currently being marketed in Europe by Biomet, Inc., subsidiary Biomet Biologics, Medtronic, Inc. and independent distributors.
This press release, including statements regarding financial information for
future periods, contain forward-looking statements, and such statements are
made pursuant to the safe harbour provisions of the Private Securities
Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual outcomes to differ materially from those
contemplated by the forward-looking statements. Several factors, including
timing of FDA approvals, changes in customer forecasts, our failure to meet
customers’ purchase order and quality requirements, supply shortages,
production delays, changes in the markets for customers’ products,
introduction timing and acceptance of our new products scheduled for fiscal
year 2007, and introduction of competitive products and other factors beyond our control, could result in a materially different revenue outcome and/or in
our failure to achieve the revenue levels we expect for fiscal 2007. A more
complete description of these and other risks that could cause actual events to differ from the outcomes predicted by our forward looking statements is set
forth under the caption “Risk Factors” in our annual report on Form 10-K and other reports we file with the Securities and Exchange Commission from time to
time, and you should consider each of those factors when evaluating the forward looking statements. ThermoGenesis Corp. Web site: http://www.ThermoGenesis.com Contact: Fern Lazar of Lazar Partners +1-212-867-1762
ThermoGenesis Corp.
CONTACT: Fern Lazar of Lazar Partners, +1-212-867-1762, for ThermoGenesisCorp.
Web site: http://www.thermogenesis.com/
