CAMBRIDGE, Mass., April 24 /PRNewswire/ ETEX Corporation, an advanced
biomaterials company, announced today that it has entered into a supply
agreement with AlloSource.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080424/NETH117LOGO )
AlloSource will provide ETEX with Demineralized Bone Matrix (DBM)
powder to be mixed with ETEX's proprietary, nanocrystalline, fast setting
calcium phosphate to form EquivaBone(TM).
This agreement is consistent with ETEX's multi-source tissue
acquisition strategy, allowing ETEX to address the market demand for an
osteoinductive DBM product that is designed to flow and set hard once
implanted. ETEX will manufacture EquivaBone(TM) in its Cambridge facilities
and market the product through its newly formed direct distribution
channel.
Brian Ennis, CEO of ETEX Corporation, states "ETEX is pleased to form a
partnership with AlloSource and we look forward to a long relationship. We
are impressed with the capabilities, service levels, and commitment to
excellence that AlloSource provides."
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.
About AlloSource
Founded in 1994, AlloSource, of Centennial, Colorado is one of the
nation's largest non-profit providers of bone and soft tissue allografts
for use in a host of medical treatments. Honoring the gift of donation,
AlloSource responsibly develops, processes and distributes life-saving and
life-enhancing human tissue for our communities. For more information, go
to http://www.allosource.org.
SOURCE ETEX Corporation
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Photo Notes:http://www.newscom.com/cgi-bin/prnh/20080424/NETH117LOGO
AP Archive: http://photoarchive.ap.org
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CONTACT:
Shane Doyle of ETEX Corporation,
+1-617-577-7270, Ext. 190
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