




Healthcare Industry News: ORGANOGENESIS
News Release - January 17, 2014
Organogenesis Inc. Announces Acquisition of Dermagraft(R) from Shire
Product Acquisition Solidifies ORGANOGENESIS Position as Industry LeaderCANTON, Mass., Jan. 17, 2014 -- (Healthcare Sales & Marketing Network) -- ORGANOGENESIS Inc., a commercial leader in the field of regenerative medicine, announced today that it has purchased the Dermagraft® assets (human fibroblast-derived dermal substitute) from Shire plc (LSE: SHP, NASDAQ: SHPG).
Dermagraft is approved for the treatment of nonhealing diabetic foot ulcers in the U.S. and Canada. Headquartered in Canton, Mass., ORGANOGENESIS will continue to manufacture and distribute Dermagraft from its existing facilities in La Jolla, Calif.
"In the U.S. alone, more than three million people are suffering from chronic leg and foot wounds. As a physician dedicated to healing these wounds, this is very exciting news," said Robert S. Kirsner, M.D., PhD, Professor, Vice Chairman & Endowed Stiefel Laboratories Chair, Department of Dermatology & Cutaneous Surgery, at the University of Miami Miller School of Medicine and Chief of Dermatology for the University of Miami Hospital. "For many years, ORGANOGENESIS has worked with clinicians and scientists to advance scientific discussion and understanding of the field. It's terrific to see that, despite recent changes in Medicare reimbursement that have threatened patient access to wound healing products containing living cells, ORGANOGENESIS remains committed to ensuring clinicians and their patients have evidence-based tools and information to help heal these debilitating wounds."
About ORGANOGENESIS Inc.
Having pioneered the field, Massachusetts-based ORGANOGENESIS Inc. is a world leading regenerative medicine company focused in the areas of bio-active wound healing and oral regeneration. The company's mission is to bring the medical marvel of regenerative medicine products to patients and to standardize their use in everyday medical care. For more information, visit www.ORGANOGENESIS.com.
Source: Organogenesis
Issuer of this News Release is solely responsible for its
content.
Please address inquiries directly to the issuing company.