Canton, MA./Vancouver, October 4, 2019 – Organogenesis Holdings Inc. (Nasdaq: ORGO), a leading regenerative medicine company focused on the development, manufacture and commercialization of product solutions for the Advanced Wound Care and Surgical and Sports Medicine markets, today announced that new data on ReNu® will be presented at the International Cartilage Regeneration & Joint Preservation Society (ICRS) 2019 15th World Congress, held Oct. 5-9 in Vancouver, British Columbia, Canada.
ReNu is a cryopreserved, amniotic suspension allograft, consisting of micronized amniotic membrane and amniotic fluid cells. The human amniotic tissues in ReNu contain cellular components, growth factors, and extracellular matrix, and are naturally rich in anti-inflammatory cytokines and regenerative growth factors.
Research highlights at ICRS include two podium presentations demonstrating the use of ReNu in reducing the severity of symptoms associated with knee osteoarthritis (OA), as well as a poster presentation providing evidence of the potential for ReNu to decrease pro-inflammatory cytokines and proteases, while increasing anti-inflammatory cytokines and inhibitors.
Conference attendees will also have the opportunity to learn more about ReNu and other Organogenesis products at booth #22.
"The International Cartilage Regeneration & Joint Preservation Society 2019 World Congress provides an important forum to discuss the latest developments in cartilage repair and arthritis treatment management," said Howard Walthall, BSE, JD, Executive Vice President of Strategy and Market Development for Organogenesis "We are pleased to contribute to and advance the understanding of the orthobiologics space, by presenting new scientific evidence on the use of ReNu in treating symptoms associated with knee osteoarthritis, including 12-month randomized data, as well as 12-month data from the 'rescue treatment arm' of our multi-center ReNu study. These data represent the largest efficacy analysis conducted to date with ReNu."
According to the Arthritis Foundation, an estimated 30.8 million Americans (13.4% of the U.S. adult population) have been diagnosed with osteoarthritis, with the knee being one of the most commonly affected areas.1 While the condition cannot be reversed, painful symptoms associated with knee OA can be managed through proper treatment, therefore avoiding or delaying costly and invasive knee replacement surgery.
Amniotic Suspension Allograft (ASA) for Treatment of Knee Osteoarthritis in a
Randomized Controlled Multi-Center Trial
Jack Farr, Andreas Gomoll, Kelly A. Kimmerling, Katie C. Mowry
Date: Monday, October 7 Time 11:24- 11:33 p.m.
Location: Georgia Ballroom.
Rescue Injection of Amniotic Suspension Allograft Improves Pain and Function in
Patients with Knee Osteoarthritis
Andreas Gomoll, Jack Farr, Kelly A. Kimmerling, Katie C. Mowry
Date: Monday, October 7 Time 12:00-12:09 p.m.
Location: Plaza B&C
Amniotic Suspension Allograft Modulates Inflammation in an In Vitro Human
Synoviocyte Model
Katie Mowry, Kelly Kimmerling
Date: Sunday, October 6 Time 10:45 a.m. - 12:30
p.m.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to expectations or forecasts for future events. Forward-looking statements may be identified by the use of words such as "will," "forecast," "intend," "seek," "target," "anticipate," "believe," "expect," "estimate," "plan," "outlook," "extend," "continue" and "project" and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Forward-looking statements are based on current expectations that are subject to known and unknown risks and uncertainties, which could cause actual results or outcomes to differ materially from expectations expressed or implied by such forward-looking statements. These factors include risks and uncertainties described in the Company's filings with the Securities and Exchange Commission, including Item 1A (Risk Factors) of the Company's Form 10-K for the year ended December 31, 2018. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Although it may voluntarily do so from time to time, the Company undertakes no commitment to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.
Organogenesis Holdings Inc. is a leading regenerative medicine company offering a portfolio of bioactive and acellular biomaterials products in advanced wound care and surgical biologics, including orthopedics and spine. Organogenesis's comprehensive portfolio is designed to treat a variety of patients with repair and regenerative needs. For more information, visit www.organogenesis.com.
Investor Inquiries:
Westwicke Partners
Mike Piccinino, CFA
OrganoIR@westwicke.com
443-213-0500
Press and Media Inquiries:
Organogenesis
Susan Frodigh
sfrodigh@organo.com