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Thread: InVivo Therapeutics opens Medford facility

  1. #1

    InVivo Therapeutics opens Medford facility

    Tuesday, November 2, 2010

    InVivo Therapeutics opens Medford facility
    By Julie M. Donnelly

    InVivo Therapeutics Corp., a life sciences company developing technologies for the treatment of spinal cord injuries, has signed a lease to open its first manufacturing and development facility in Medford. The company will use the facility to ramp up production of its lead therapeutic candidate – a polymer scaffolding device to treat open wound spinal cord injuries.

    “This new development laboratory and manufacturing facility represents a critical component of our strategy and brings us one step closer to launching our first human clinical trial. We will put the space to use immediately while working toward securing a larger, commercial-scale cGMP facility here in the Commonwealth of Massachusetts,” Frank Reynolds, CEO of InVivo Therapeutics, said in a statement.


  2. #2
    This guy is very confident that his product is going to work to already be opening a place to manufacture his product that hasnt even been to trials yeat. Isnt he?

  3. #3
    InVivo Therapeutics Awarded $244K Therapeutic Discovery Project Grant
    6:30a ET November 3, 2010 (Business Wire)

    InVivo Therapeutics (OTCBB: NVIV), a company focused on the development of groundbreaking technologies for the treatment of spinal cord injuries (SCI), today announced that it has been awarded $244,000 in grant funding as part of the U.S. Government's Qualifying Therapeutic Discovery Project (QTDP) program. Proceeds from the grant will be used to support ongoing research and development costs associated with InVivo's lead product candidate, a novel biocompatible polymer scaffolding device designed for implantation into a lesion to treat acute open-wound SCI.

    "The QTDP grant provides recognition of InVivo's novel and promising approach to the treatment of spinal cord injury," said Frank Reynolds, Chief Executive Officer of InVivo. "We are committed to the advancement of groundbreaking treatments and look forward to moving into human clinical testing with our lead product candidate upon FDA clearance of an investigational device exemption."


  4. #4
    Go Frank go!!
    Donnie: Dr. Xiao, What are your thoughts on a cure/combination therapy for SCI's??
    CG Xiao: Donnie, I don't want to disappoint you, but I think it is impossible to restore the continuity of the cord or "bridge the gap" in the near future, let's say: 50 years. Dr Wise Young has been my most respected scientist in SCI. He has dedicated and contributed to SCI no other can match.

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