Omrix Biopharmaceuticals (OMRI) Enrolls First Patient in Phase II Trials for its Fibrin Pad

July 2, 2008 1:06 PM EDT

Omrix Biopharmaceuticals (NASDAQ: OMRI) enrolled its first patient in a Phase II clinical trial in Israel for its Fibrin Pad product candidate. This is the first clinical trial that will evaluate the Fibrin Pad's performance in surgery where severe bleeding is present and the product is applied directly onto a solid organ. The Phase II clinical trial in Israel is being conducted simultaneously with the Phase II clinical trial in the U.S., which commenced on March 27, 2008 and is under an Investigational New Drug (IND) application that was filed with the Food and Drug Administration (FDA) in November 2007.

The Fibrin Pad is a breakthrough convergence product candidate comprised of biological components in a biodegradable device. In collaboration with ETHICON, INC., a Johnson & Johnson company (NYSE: JNJ), the Fibrin Pad is being developed for the management and rapid control of mild, moderate and severe bleeding.

Omrix Biopharmaceuticals, Inc. is a fully integrated biopharmaceutical company that develops, manufactures and markets protein-based biosurgery and passive immunotherapy products derived from human plasma by utilizing protein purification technology and manufacturing know-how. [SM]


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