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The transaction is expected to close in the first quarter of 2013 and is subject to customary closing conditions, including BioMimetic shareholder approval.
I am very excited about joining BioMimetic at a time when so much is coming together for the Company," said Mr.
Noro-Moseley is excited to join BioMimetic in its development of novel therapeutics for the treatment of musculoskeletal disorders," stated Rusty French, Partner at Noro-Moseley.
The lawsuit alleges that BioMimetic and certain of its officers and/or directors misrepresented and/or failed to disclose: (a) material facts about the Company's business, operations, management and future business prospects; (b) material facts about the safety and efficacy of the Company's lead product--Augment[R] Bone Graft ("Augment")--and its prospects for FDA approval; and (c) possible inadequacies of Augment's clinical trial, including that BioMimetic deviated from the protocol agreement with the FDA; the sample size of the trial was too small to provide verifiable results; and the results of the clinical trial were not statistically significant.
In 2005, BioMimetic received marketing approval from the FDA for GEM 21S[R] (rhPDGF-BB/-TCP), a grafting material for bone and periodontal regeneration.
Explained Assoc Prof Tong, "The biomimetic membrane is constructed to mimic the layers of cells on the roots of mangrove trees by embedding nano-sized aquaporin-vesicles onto a stable and functional ultrafiltration substrate membrane using an innovative yet simple and easy-to-implement surface imprinting technology.
Led by Associate Professor Tong Yen Wah who is also from the Department of Chemical and Biomolecular Engineering at the NUS Faculty of Engineering, the team of researchers have designed and fabricated a new aquaporin-incorporated biomimetic membrane water purification and treatment system that is highly efficient.
Among the topics are silk-based biomaterials, biomimetic molecular recognition elements for chemical sensing, lessons from sea organisms to produce new biomedical adhesives, bioactive nanocomposites containing silicate phases for bone replacement and regenerations, dendrimer-based nanocarriers, and biologically inspired three-dimensional environments for cartilage engineering.
Auto Business News-26 September 2008-Nissan develops Biomimetic car robot drive system(C)2008 ENPublishing - http://www.
BIOMIMETIC SELF ASSEMBLED NANO MATRIX FOR CARDIAC TISSUE REGENERATION Meenakshi Kushwahal, Joel Anderson (1), Adinarayana Andukuri (1), Will Minor (1), Wayne Bradley2, Eiji Yahiro (2), Louis Dell'Italia (2), Ahsan Hussain (2), Ho-Wook Jun (1), 'Department of Biomedical Engineering, (2) Department of Medicine-Cardiovascular Disease, University of Alabama at Birmingham, Birmingham, AL 35294.
Half the jobs biomimetic machines will be doing in 10 years don't even have a name right now" says Chuck Pell, director of science and technology for Nakton Research, a Durham, N.
Scientists working in a new field known as biomimetic robotics believe that humans can solve real-world problems by dissecting this and other forms of animal intelligence, and then using that knowledge to design, build, and program autonomous machines with similar superhuman capabilities.
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