20.09.2017 08:00:06
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DGAP-News: Elanix Biotechnologies AG
DGAP-News: Elanix Biotechnologies AG / Key word(s): Agreement
PRESS RELEASE Elanix Biotechnologies Subsidiary Signs Wholesale & Logistics Agreement in Europe to Support Expanding Commercialization of GYNrepair(R)
"As commercialization efforts of GYNrepair continue to ramp up, this agreement establishes the infrastructure foundation to ensure supplies are readily available and dispatched across Europe from controlled storage facilities," stated Tomas Svoboda, CEO of Elanix. "This important B2B component of our strategy complements our B2C, direct to consumer, agreement with Apraxon rolled out earlier this year." Ivry Lab, based outside Paris, is part of the PHOENIX Group of companies that serve more than 3,500 pharmacies in France and leader of pharmaceutical wholesale in 12 countries in Europe. Ivry Lab has a proven technical competence and provides services in the daily management and operations of healthcare logistics outsourcing. Repair-A SA is dedicated to the development and marketing of progenitor cell based bioactive CFPC(R) creams. Since its founding in 2007, Repair-A has marketed two bioactive CFPC creams, based on animal progenitor cell technology that originated from Professor Lee-Ann Laurent Applegate's research in Switzerland. Elanix Biotechnologies acquired Repair-A in September 2016 and is in the process of scaling up marketing of the products and commercialization worldwide. Elanix Biotechnologies AG (Frankfurt: ELN) develops and commercializes tissue regeneration products for acute wound care, dermatological and gynecological applications, and provides services in cell technologies. The company was founded in 2012 as a spin-out from the University Hospital of Lausanne (CHUV), Switzerland, to commercialize a patented human progenitor cell technology. Progenitor cells are fully differentiated yet immunologically neutral cells that are very potent inducers of tissue growth and healing. Elanix owns GMP certified Master and Working human cell banks with vast quantities of cells.
Disclaimer / Forward-looking statements:
20.09.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Elanix Biotechnologies AG |
Domstr. 22 | |
14482 Potsdam | |
Germany | |
ISIN: | DE000A0WMJQ4 |
WKN: | A0WMJQ |
Listed: | Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf |
End of News | DGAP News Service |
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