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Theregen to develop Anginera epicardial patch with Guidant funds
By Angela McDaniels
Seattle, Feb. 7 - Theregen Corp. has received an equity investment from Guidant Corp. to develop the Anginera epicardial patch, according to a company news release.
Theregen is developing Anginera as a treatment for diffuse small vessel coronary artery disease. The product will serve as an adjunct therapy to revascularization procedures such as coronary artery bypass graft surgery.
In 2005, Theregen received FDA approval to proceed with a phase 1 safety trial, which the company intends to begin this quarter.
"We believe our Anginera therapy has the potential to benefit patients suffering from a variety of chronic, debilitating cardiovascular diseases," Theregen chief executive officer Thomas A. Schreck said in the release.
Theregen is a San Francisco-based regenerative medicine company that develops cell-based therapies for patients with cardiovascular and vascular disease.
Guidant, based in Indianapolis, develops therapies for cardiac and vascular disease.
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