BusinessWire
DURHAM, N.C.--(BUSINESS WIRE)--HyperBranch Medical Technology, Inc., announced today the licensing of
the Company’s OcuSeal Liquid Ocular Bandage to BD. OcuSeal is a fully
synthetic ocular bandage designed as a temporary protective barrier to
provide comfort for post-surgical, post-traumatic, and non-traumatic
ocular conditions. BD Medical – Ophthalmic Systems, a unit of BD, has an
exclusive worldwide license from HyperBranch to market OcuSeal for use
in ophthalmology. It will immediately begin to commercialize the product
internationally.
HyperBranch has been marketing and selling the OcuSeal Liquid Ocular
Bandage since receiving CE Mark in December 2007 through independent
distributors. The product is designed to help decrease surgery time,
reduce the need for sutures and reduce complications typically
associated with surgical incisions, including infection and patient
discomfort. It is intended for direct application on corneal,
conjunctival, and scleral surfaces.
John Conn, President and CEO of HyperBranch, said “… OcuSeal is a
significant improvement for a variety of ophthalmic procedures, and BD
is an excellent partner to offer this technology to a wider market. The
transaction with an industry leader like BD further validates our
platform technology and in a very sensitive field of use.”
HyperBranch Medical Technology, a privately-held company based in
Durham, N.C., is developing innovative medical devices for the
ophthalmology, general, and specialty surgery markets. The company is
focused on the development of unique products based on its novel
hydrogel technology. Development work on HyperBranch’s surgical sealant
platform has led to the recognition of several novel hydrogel properties
that suggest significant utility in a variety of additional clinical
applications. The Company has applied for other product approvals in
dural closure for brain and spine surgery and for the fixation of mesh
during hernia repair. The company also plans to introduce products into
cardiovascular and MIS surgery.
For more information visit www.hyperbranch.com
or contact the Company directly at 919-433-3325.