ETEX and LifeNet Health, Inc. Enter Agreement

Search Blogs that Mention this News Release
Click this link to view linked Bookmarking Services
Click this link to view linked Blogging Services
ETEX and LifeNet Health, Inc. Enter Agreement
    CAMBRIDGE, Mass., March 3 /PRNewswire/ -- ETEX Corporation, an advanced
biomaterials company, announced today that it has entered into a supply
agreement with LifeNet Health, Inc.

    Under the agreement, LifeNet Health will provide ETEX with
Demineralized Bone Matrix (DBM) powder to be mixed with ETEX's proprietary
calcium phosphate to form a bone graft substitute material called
EquivaBone(TM). ETEX will manufacture EquivaBone(TM) in its Cambridge
facilities and market the product through its newly formed direct
distribution channel.

    EquivaBone(TM) combines the osteoinductive properties of DBM with the
fast setting and osteoconductive properties of synthetic calcium phosphate.
Unlike other DBM products on the market, EquivaBone(TM) flows and sets hard
with structural integrity.

    Brian Ennis, CEO of ETEX Corporation, states "ETEX is excited to offer
surgeons an osteoinductive bone graft material with enhanced performance
and handling characteristics. We are proud and privileged to work with
LifeNet Health, Inc, one of the premier tissue banks in the country."

    The EquivaBone(TM) launch follows the recent introduction of
Beta-bsm(TM), an injectable bone substitute material, and Gamma-bsm(TM), a
moldable putty.

    Doug Wilson, Executive Vice President of LifeNet Health, states "We are
pleased to announce our relationship with ETEX Corporation, and are proud
to make invaluable DBM available for surgeons to help patients. We continue
to be committed to saving lives and restoring health."

    About ETEX Corporation

    Established in 1989, ETEX Corporation develops, manufactures and
commercializes calcium phosphate-based biomaterials for improved orthopedic
clinical outcomes. A leader in bioresorbable bone substitute materials,
ETEX focuses on expanding applications through combinations with cells,
biologics, or therapeutic agents delivered in minimally invasive and easy
to use systems. For more information, visit http://www.etexcorp.com or contact
Shane Doyle, Marketing Manager, at sdoyle@etexcorp.com.

    About LifeNet Health, Inc.

    Founded in 1982 and headquartered in Virginia Beach, VA, LifeNet Health
Inc., is a leading biomedical alloengineering organization and organ and
tissue donation agency whose mission is saving lives and restoring health.
For more information, go to http://www.lifenethealth.org.
SOURCE ETEX Corporation