Business
RenovaCare Secures Patent Victory and Continues to Bolster IP Portfolio
RenovaCare Secures Patent Victory and Continues to Bolster IP Portfolio.
About this update from Renovacare, Inc.
[{"type":"text","content":"\n \n RenovaCare, Inc., (RCAR), developer of the SkinGun™ and CellMist™ System \n for spraying a patient’s own skin stem cells onto burns and wounds for \n rapid self-healing, announced it has decisively won against patent \n challenger, Avita Medical, in a proceeding at the United States Patent \n Office (USPTO).\n \n\nThis press release features multimedia. View the full release here: \nhttp://www.businesswire.com/news/home/20180221005733/en/\n\n \n \n Burned State Trooper Leaves Hospital 4 Days After RenovaCare Stem Cell Spray. Photo source: National Geographic Explorer. \n\n\n \n Noting that Avita’s arguments were based on old claims and technologies \n which had already been considered and rejected, the USPTO dismissed the \n challenge immediately and denied a trial sought by Avita.\n \n \n “I’m proud of the cutting-edge technologies developed by our team for \n the millions that suffer from burns and wounds and deserve access to the \n very latest in medical innovation,” stated Mr. Thomas Bold, President \n and CEO of RenovaCare.\n \n \n “Just as we’ve done with this challenge, we’ll aggressively protect our \n intellectual property while continuing to expand our patent portfolio \n and enhance shareholder value.”\n \n \n To-date more than 70 human patients with severe second-degree burns have \n been treated with the technology behind the RenovaCare SkinGun and its \n patents. Clinical results, case studies and data have been presented in \n numerous peer-reviewed publications.\n \n \n Treated with a gentle spray of their own skin stem cells, many patients \n have left the hospital within a matter of days, healed with full \n mobility and scar-free.\n \n \n In contrast, patients who undergo skin grafting, today’s default \n treatment, can remain hospitalized for weeks and months while enduring \n multiple painful surgeries and prolonged physical therapy. Skin graft \n patients can suffer with the painful psychological effects of \n disfigurement caused by permanent scarring and are often forced to cope \n with the ongoing use of pain medications and protracted joint mobility \n issues.\n \n \n Another option, in-vitro cultured epithelial grafts, requires harvesting \n cells from a patient, which are then transported to a specialized \n external labora...