LaunchPad Medical Wins a Coveted $1.8 Million Michigan-Pittsburgh-Wyss Regenerative Medicine Center Grant
LOWELL, Mass., June 2, 2020 /PRNewswire/ -- LaunchPad Medical, Inc. announced that it has received follow-on support of up to $1.8 million from the Michigan-Pittsburgh-Wyss Regenerative Medicine Resource Center which was funded by the National Institute of Dental and Cranial Research (U24-DE029462) to improve the translation of promising tissue engineering and regenerative medicine technologies for dental, oral, and craniofacial clinical practice. LaunchPad Medical had previously received two prior grants from the Michigan-Pittsburgh-Wyss Regenerative Medicine Resource Center. This grant, the largest it has received from the Resource Center, will allow the company to conduct a pivotal animal study and generate all the other required data to file an Investigational Device Exemption (IDE) application with the FDA to start a clinical trial.
"Unlike most existing dental bone graft materials, this enhanced formulation of Tetranite resorbs and is replaced by bone on a timescale commensurate with existing graft materials but does not require ancillary containment devices like membranes or meshes or fixation aids like tacks and screws," said Joseph P. Fiorellini, DMD, DMSc, Professor and Director, Postdoctoral Periodontics Program at the University of Pennsylvania School of Dental Medicine and principal investigator for this grant. "The clinical use of this material will reduce the time and complexity of ridge augmentation procedures and likely lead to more consistent results with regard to maintaining the original volume of grafts."
Roughly 44% of all patients who receive a dental implant have a missing tooth when they start treatment, and, depending how long the tooth had been missing, varying degrees of bone loss. These patients must undergo a ridge augmentation procedure in which particulate-based bone graft materials are placed using membranes and fixation aids to contain the graft during the healing process. These procedures increase the width and height of a jawbone to replace atrophied bone so that a dental implant can be successfully placed. In over 30% of these cases, however, existing bone graft materials fail to achieve the desired clinical results, and another bone graft procedure must be conducted, increasing the overall time and cost of treatment. Market research conducted in conjunction with Avenues, a marketing company involved with the resource center, confirmed the clinical need for an improved bone graft solution.
"This was a competitive process, and we are pleased with the progress that this research team has made," said William R. Wagner, PhD, co-Principal Investigator of the Michigan-Pittsburgh-Wyss Regenerative Medicine Resource Center. "We look forward to the continued translation of this promising technology for clinical use in the third phase of our program."
About LaunchPad Medical, Inc.
LaunchPad Medical, Inc. is a clinical stage medical device company engaged in the development and commercialization of a patented, synthetic, injectable, self-setting, and osteoconductive bone adhesive biomaterial called Tetranite®. The company is initially developing this technology for use in the dental market, and recently initiated its first-in-man clinical study for the use of Tetranite to immediately stabilize dental implants in sites that lack sufficient primary stability. The company is also working to develop adhesive applications for the broader orthopedics market. LaunchPad Medical's Tetranite technology is not yet approved for commercial use.
View original content to download multimedia:http://www.prnewswire.com/news-releases/launchpad-medical-wins-a-coveted-1-8-million-michigan-pittsburgh-wyss-regenerative-medicine-center-grant-301069530.html
SOURCE LaunchPad Medical, Inc.