Ceramic Industry News

GENova and TheraGlass in Advanced Negotiations (posted 9/23/09)

September 23, 2009
/ Print / Reprints /
ShareMore
/ Text Size+

GENova Biotherapeutics Inc. recently announced that it is in advanced negotiations to acquire a number of patents from TheraGlass Ltd. Classified as a medical device, TheraGlass interacts with the body’s tissues to stimulate cell growth and provide anti-bacterial, structural and regenerative proteins. The two companies are actively exploring the possibilities and opportunities of combining TheraGlass IP with GENova's drug targets, which would create a new class of therapeutic drugs for the treatment of cancer.

The two companies have entered into a letter of intent (LOI) for GENova to acquire a number of TheraGlass Ltd.’s patents. The deal is expected to close in the fourth quarter.

“The potential for augmenting cancer treatments with a regenerative product like TheraGlass is tremendous,” said Aaron Whiteman, GENova’s CEO. “While GENova's treatments destroy cancerous cells, TheraGlass can stimulate healthy cells to regenerate, thus expediting the healing process.”

TheraGlass Ltd. has an exclusive international position for the commercialization of sol-gel derived bioactive glass under the trade name TheraGlass. Discovered by Professor Larry Hench and developed at Imperial College London, TheraGlass is the next generation of bioactive glass, a medical device material that can interact with the body's hard and soft tissues to stimulate cell growth, accelerating the body’s self-healing properties.

For more information, visit www.genovabio.com.

Links

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

April 2014 Issue Highlights

Our April 2014 issue is now available!

Podcasts

Sapphire: An Extreme Performer

Ian Doggett of Goodfellow and CI Editor Susan Sutton discuss the benefits and opportunities provided by industrial sapphire.

More Podcasts

Ceramic Industry Magazine

CI July 2014

2014 July

Our annual Data Book & Buyers' Guide is your best resource for suppliers of materials and equipment for the ceramic, glass, brick and related industries. Check it out!

Table Of Contents Subscribe

THE CERAMIC INDUSTRY STORE

M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

Directories

CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!

STAY CONNECTED

facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px