Stem cell biotech Orthocell has treated the first patient in a new study designed to show its “ATI” system can be used for shoulder injuries.
ATI stands for Autologous Tenocyte Implantation. It involves removing stem cells from a healthy tendon, expanding them in culture and then using them to repair damaged tendons in a different part of the body.
Orthocell (ASX:OCC)’s new study is to measure its performance against corticosteroid injections to treat rotator cuff tendinopathy and tear in the shoulder.
“We expect results to show Ortho-ATI is a durable and effective treatment for degenerate shoulder injuries,” Orthocell managing director Paul Anderson said.
The video below gives an overview of how Ortho-ATI works.
The study is being led by two professors at the Australian Elbow and Shoulder Society and the University of Western Australia, and is part of Orthocell’s collaboration deal with a subsidiary of healthcare giant Johnson and Johnson announced earlier this year.
Orthocell shares were down slightly, about 3 per cent, to 29c on Tuesday morning. They have traded between 28c and 54c over the past 12 months.
share
Link copied to clipboard
SUBSCRIBE
Get the latest Stockhead news delivered free to your inbox.
"*" indicates required fields
It's free. Unsubscribe whenever you want.
By proceeding, you confirm you understand that we handle personal information in accordance with our Privacy Policy.
Get the latest Stockhead news delivered free to your inbox
For investors, getting access to the right information is critical.
Stockhead’s daily newsletters make things simple: Markets coverage, company profiles and industry insights from Australia’s best business journalists – all collated and delivered straight to your inbox every day.
Markets coverage, company profiles and industry insights from Australia’s best business journalists – all collated and delivered straight to your inbox every day.
It’s free. Unsubscribe anytime.
By proceeding, you confirm you understand that we handle personal information in accordance with our Privacy Policy.
I want the news:
"*" indicates required fields
Hear it first
Get the latest Stockhead news delivered free to your inbox.
Thanks! You’re subscribed, Stockhead news is coming your way soon.