Company Overview of Arteriocyte, Inc.
Arteriocyte, Inc., a clinical stage biotechnology company, develops stem cell and tissue engineering based therapies. It offers platelet rich plasma processing, automated cord blood processing, autologous stem cell therapy, allogeneic stem cell therapy, cell delivery and localization, protein co-delivery, cellular expansion, and therapeutic angiogenesis based solutions. The company also provides autologous platelet separator systems, sterile disposables, demineralized bone matrix powder, and demineralized bone matrix gel; and hematopoietic stem cell expansion kits for research applications. In addition, it develops cell therapy and tissue engineering technologies for cardiovascular, orthoped...
7100 Euclid Avenue
Cleveland, OH 44103
Founded in 2004
Key Executives for Arteriocyte, Inc.
Co-Founder and Chief Medical Officer
Chief Financial Officer and Chief Operating Officer
Vice President and General Manager of Research & Development
Vice President of Clinical and Regulatory Affairs
Compensation as of Fiscal Year 2015.
Arteriocyte, Inc. Key Developments
Arteriocyte, Inc. Receives FDA IDE Approval to Initiate Clinical Evaluation of MAGELLAN(R) Bio-Bandage(TM)
May 2 14
Arteriocyte, Inc. announced approval from the Federal Drug Administration (FDA) to initiate a Phase I, clinical trial using its MAGELLAN(R) Bio-Bandage(TM) technology in the treatment of Acute Deep Partial Thickness Thermal Injuries. The FDA Investigational Device Exemption (IDE 15921) allows the company to initiate clinical evaluation of Autologous Platelet Rich Plasma use in thermal injuries. The MAGELLAN(R) Bio-Bandage(TM) is an autologous intervention designed to minimize the severity of the burn wound, reduce the immediate need for surgical intervention when a skin graft is required, and improve the wound's healing trajectory.
Arteriocyte, Inc. Wins BARDA Contract Valued up to $101.1 Million for Advanced Development of Arteriocyte's Magellan(R) BioBandageTM for Thermal Radiation Injury
Sep 26 13
Arteriocyte, Inc. announced that it has been awarded a contract valued at up to $101.1 million (if all contract options are exercised), by the U.S. Department of Health and Human Services. The Biomedical Advanced Research and Development Authority (BARDA) awarded this contract. The contract supports research and development of the Magellan(R) Bio-Bandage(TM) and clinical evaluation to improve the existing standard of care in definitive burn treatments. The award consists of a two-year base contract totaling $11.8 million. If milestones are met, then at BARDA's discretion, additional options may be exercised to support advanced development over the next three years. The total award will support preclinical, clinical, regulatory and additional device modifications to Arteriocyte's existing Magellan(R) technology in order to complete additional FDA approvals for the use of Magellan(R) Bio-Bandage(TM) to treat thermal burn injury.
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