Benzinga | Feb 11, 2021 04:23PM EST

Aziyo Biologics Announces Product Design Completion For Its CanGaroo Envelope For Implantable Electronic Devices

SILVER SPRING, Md., Feb. 11, 2021 (GLOBE NEWSWIRE) -- Aziyo Biologics, Inc. (NASDAQ:AZYO), a commercial-stage regenerative medicine company focused on creating the next generation of differentiated products and improving outcomes in patients undergoing surgery, announced today product design completion for CanGaroo(r) with antibiotics, the next generation of the Company's CanGaroo Envelope.



CanGaroo is the only commercially available biological envelope that forms a natural, systematically vascularized pocket for holding implantable electronic devices. The new product design includes the safety and performance of the CanGaroo tissue technology enhanced with the antibiotics rifampin and minocycline intended to reduce the potential risk of post-operative infections.

"We are delighted to reach this important milestone in the advancement of our CanGaroo platform," said Ron Lloyd, President and Chief Executive Officer of Aziyo. "In addition to evidencing an inherent ability to establish healthy tissue and secure implantable electronic devices in place, incorporating antibiotics with our biological envelope has the potential to reduce the risk of infection in patients receiving these devices. Importantly, we remain on track towards the next critical steps of manufacturing validation and data collection through in vivo and in vitro studies."

Aziyo is partnering with Cook Biotech, a leading supplier in the regenerative medicine market for the development and supply of CanGaroo with antibiotics.

"Cook Biotech was a natural partner for us in this critical next step in the advancement of our CanGaroo platform. We look forward to collaborating with them as we gather additional data and advance towards FDA submission, which we anticipate in early 2022," concluded Lloyd.