Berkeley CA, US, 23 Feb 2010 16:15 CET
Licensing model proves to be winning approach for DSM PTG.
DSM PTG, part of DSM Biomedical, a global leader in biomedical materials science, today announced the company has formed eight new partnerships with medical device companies in the last year alone. These contracts underline an upward trend among medical device developers in enrolling material specialists like DSM PTG to develop and license new polymer technologies essential to increasing the value, performance, and quality of their products.
DSM PTG has demonstrated a successful track record of working with medical device companies to develop new products, focusing on creating novel technologies that will lead to downstream manufacturing opportunities and value share for DSM PTG. In fact, the company signed nine new license agreements in 2009 for its well known Bionate®, BioSpan®, CarboSil®, Elasthane™ and PurSil® brands of thermoplastic biomaterials.
This model has proved to be very successful for DSM PTG as evidenced by the expansion of the number of licensees of the company’s well-respected line of polyurethane and silicone-polyurethane copolymers. The company was the first to report the enhanced in vivo stability of silicone polyurethane copolymers, providing medical device companies with these and other high-strength biomedical polymers with an impressive combination of mechanical properties, biostability, and bio-compatibility. Many medical devices and technologies have already benefited from this combination of properties, including prosthetic spinal implants, other orthopedic implants, including arthroplasty for hips and knees, cartilage repair, in addition to cardiovascular and neurostimulation devices.
“Because of today’s economic conditions, medical device manufacturers of all sizes are seeking opportunities to form partnerships from which they will receive the greatest return with the least amount of risk,” said Bob Ward, President and CEO, DSM PTG. “Companies looking to expedite the commercialization of new products trust DSM PTG because of our 20 years’ experience developing solutions for the pharmaceutical, life sciences and medical device industries.”
The company’s scientists work with both start-ups and large medical device manufacturers in the United States and Europe, in various fields including cardiovascular, orthopedic, ophthalmic, wound care and disease prevention and treatment. DSM PTG’s research and development team will work closely with its medical device partners throughout the various phases of development, prototyping, manufacturing and processing of product commercialization as we collectively create specialty polymers for use in the cardiovascular and orthopedic markets. DSM PTG’s quality system is certified to the ISO 9001 and ISO 13845 standards, providing its partners with an expertise in quality and regulatory compliance.