Enox Biopharma, Inc. Expands Its Technology to Cover the Wound Care Market
--the $20 billion wound care market is currently underserved--
VANCOUVER, British Columbia, May 31, 2011 /PRNewswire/ -- Enox Biopharma, Inc., a leader in the development of innovative solutions for infections associated with medical devices, today announced that it has expanded its technology to cover the wound care market by filing a patent application on novel means of delivering nitric oxide directly to wounds.
Nitric oxide is well recognized as both an antimicrobial agent which can prevent infections and as a vasodilator which can accelerate wound healing. The unstable nature of nitric oxide has, until now, prevented its clinical use. Enox Biopharma has already protected the dosing of polymers with nitric oxide which is sequestered in the polymer in a stable state. The nitric oxide remains in the polymer until it is used clinically at which point it emits nitric oxide over the period of weeks. Our new technology allows us to deliver nitric oxide directly to wounds which may prevent infections while expediting the healing process ultimately facilitating the closing of chronic wounds that would not otherwise heal.
"The inability to heal foot ulcers in the diabetic patient leads to over one million leg amputations per year according to the World Diabetes Foundation," noted Enox's founder and President Professor Yossef Av-Gay. "It is conceivable that we could replace this gruesome standard of care with a noninvasive nitric oxide delivery method. It will take time and clinical research to determine if this is indeed possible but the potential is certainly there."
John Rewcastle, Ph.D., Chief Executive Officer of Enox, commented, "The wound care market is drastically underserved today. Although we can't yet fully disclose the details of our patent application, we believe the novel delivery method, which we are in the process of fully protecting globally will meet the need of millions of patients worldwide. We are excited to contribute to the wound care market which is expected to exceed twenty billion dollars by 2015."
About Enox Biopharma, Inc.
Enox Biopharma, Inc. is an emerging biotechnology company with proprietary methods to sequester nitric oxide (NO) into polymers. The innate immune system uses NO to block microbial growth - embedding NO into medical devices makes them antimicrobial. NO is also an effective vasodilator which can lead to accelerated wound healing. Enox's device technology is applicable to any indwelling polymer medical device including, but not limited to catheters, endotracheal tubes and central venous catheters. Infections from these devices, which are often not reimbursed by Medicare, represent a massive financial burden to healthcare systems worldwide. Enox's wound healing NO delivery technology could lead to revolutionary changes in chronic wound care standards of care.
For more information, please contact:
John C. Rewcastle, Ph.D, CEO or
Itamar David, CFO
Enox Biopharma, Inc.
604.637.9744 phone
888.224.7259 fax
[email protected]
www.enoxbiopharma.com
SOURCE Enox Biopharma, Inc.
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