AxoGen reports results from Avance Nerve Graft clinical study on PNI

AxoGen, Inc. (OTCBB: AXGN), an emerging regenerative medicine company focused on the commercialization of proprietary products and technologies for peripheral nerve reconstruction and regeneration, today reported the publication of peer-reviewed clinical research conducted at twelve leading US surgical sites and led by the Buncke Clinic in San Francisco. The study, which is the first, multi-center clinical trial on processed nerve allografts, found that the Avance^® Nerve Graft achieved meaningful recovery in 87 percent of patients with peripheral nerve injuries. A summary of the findings were published in the January 2012 issue of Microsurgery.

Darrell Brooks, M.D., plastic surgeon, of The Buncke Clinic and the study's principal investigator said, "It is commonly accepted among surgeons who do peripheral nerve repair that success of surgery depends on the type of injury, length of nerve discontinuity, the patient's age and the type of nerve. Our study findings show that with processed nerve allograft, patients can have meaningful recovery regardless of these factors."

Karen Zaderej, President and CEO of AxoGen, Inc. stated, "This is monumental and exciting research. Previously surgeons had limited options for the repair of traumatic injuries with nerve defects. This data opens up opportunities for surgeons to restore both sensory and muscle function for their patients with peripheral nerve injuries. We are delighted that our products can provide new options for surgeons and their patients."

Dr. Brooks further commented, "Based on our findings, the information I use to counsel my patients prior to surgery will change — this is a paradigm shift."