This new use represents an extension of the PRDT prion capture technology platform into the plasma and plasma fractionation industry and we trust this will culminate in introduction of our first prion reduction product for the biopharmaceutical industry in 2008," commented Pierre Laurin, President and Chief Executive Officer of ProMetic.
com; Peter Edwardson, PRDT Program Director & Vice-President, Medical Technologies, ProMetic Life Sciences Inc.
This corroboration of the PRDT resins' performance follows on the June 10th announcement of Octopharma AG's recent implementation of PRDT's prion removal resin into their manufacturing process of Octaplas(R).
Patrick Gurgel, ProMetic's Senior Research Scientist addressed the information on the PRDT resins in a poster titled "Removal of prion infectivity from plasma-derived products" during the Recovery of Biological Products 13 Conference held in Quebec City, Quebec from June 22 - 27, 2008.
is a joint-venture company set up in April 2002 by the American Red Cross and ProMetic Life Sciences Inc.
There was no detectable abnormal prion protein in any of the 100 animals inoculated with the blood that had been filtered through the PRDT affinity resin confirming the complete absence of TSE disease.
The results of the study are expected to be published later this year by PRDT, Dr.
The adsorption of prion proteins by PRDT
ligands removes vCJD infectivity.
American Red Cross to remain involved on the Board of Directors of PRDT
The terms of the LOI provide for an ongoing royalty stream to ARC based on income derived from PRDT technology.
Indeed, no infections have been observed in the animals treated with the PRDT
There can be no assurance that any events or results described in any forward- looking statement will actually occur or be achieved, in particular that ProMetic or the joint venture will obtain from PRDT
a license for the necessary intellectual property rights on the terms it seeks, consistent with the terms described herein, or at all, and the activities of the joint venture to be formed by ProMetic and Top Meadow are conditional upon the conclusion of such license.