KDEV Karolinska Development AB

Promimic’s business partner launches unique 3D-printed implants following FDA approval

Promimic’s business partner launches unique 3D-printed implants following FDA approval

STOCKHOLM, SWEDEN – August 26, 2020. Karolinska Development (Nasdaq Stockholm: KDEV) announces that the portfolio company Promimic’s customer and business partner INNOVASIS Inc. has received 501(k) FDA clearance of a series of 3D printed implants used in spinal fusion surgery. The implants, which will be the first of their kind, have been treated using Promimic’s HAnano Surface® technology, renderring a bioactive exterior of the implant that improves the integration process and stimulates new bone formation and bone on-growth to the implant. 

Promimic’s partner Innovasis Inc. is a US based medtech company engaged in research, development and marketing of spinal implant devices and related products. The companies’ collaboration extend to the co-development of the 3D printed products which are treated with Promimic’s patented HAnano technology. Following a clearance from the US Food and Drug Administration (FDA), the products will now be the first of their kind to reach the US market.

HAnano Surface® is a bioactive nano treatment of implant device surfaces leading to increased molecular anchoring of medical implants into previously existing bone tissue. In effect, these properties lead to a shortened healing time. For more information about HAnano Surface®, please visit

For further information, please contact:

Fredrik Järrsten, CFO and deputy CEO, Karolinska Development AB

Phone: +46 70 496 46 28, e-mail:

About Karolinska Development AB

Karolinska Development AB (Nasdaq Stockholm: KDEV) is a Nordic life sciences investment company. The company focuses on identifying breakthrough medical innovations in the Nordic region that are developed by entrepreneurs and leadership teams. The Company invests in the creation and growth of companies that advance these assets into commercial products that are designed to make a difference to patients' lives while providing an attractive return on investment to shareholders.

Karolinska Development has access to world-class medical innovations at the Karolinska Institutet and other leading universities and research institutes in the Nordic region. The Company aims to build companies around scientists who are leaders in their fields, supported by experienced management teams and advisers, and co-funded by specialist international investors, to provide the greatest chance of success.

Karolinska Development has a portfolio of ten companies targeting opportunities in innovative treatment for life-threatening or serious debilitating diseases.

The Company is led by an entrepreneurial team of investment professionals with a proven track record as company builders and with access to a strong global network.

For more information, please visit

Attachment

EN
26/08/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Karolinska Development AB

 PRESS RELEASE

Karolinska Development’s portfolio company Umecrine Cognition raises M...

Karolinska Development’s portfolio company Umecrine Cognition raises MSEK 24.6 for the ongoing clinical development of golexanolone STOCKHOLM, SWEDEN – July 14, 2025. Karolinska Development AB (Nasdaq Stockholm: KDEV) today announces that the portfolio company Umecrine Cognition has raised SEK 24.6 million through a convertible loan to be used for the ongoing clinical Phase 1b/2a study of golexanolone in primary biliary cholangitis. The convertible loan with attached share options is directed to a consortium of existing long-term shareholders and investors in Umecrine Cognition, including K...

 PRESS RELEASE

Karolinska Developments portföljbolag Umecrine Cognition säkrar SEK 24...

Karolinska Developments portföljbolag Umecrine Cognition säkrar SEK 24,6 miljoner till den pågående kliniska utvecklingen av golexanolon STOCKHOLM, 14 juli 2025. Karolinska Development AB (Nasdaq Stockholm: KDEV) meddelar att portföljbolaget Umecrine Cognition har genomfört en kapitalanskaffning om SEK 24,6 miljoner genom ett konvertibellån som ska användas till den pågående kliniska fas 1b/2a-studien med golexanolon inom primär biliär kolangit. Konvertibellånet med tillhörande optioner är riktat till ett investerarkonsortium med befintliga, långsiktiga ägare och investerare i Umecrine Cogn...

 PRESS RELEASE

Karolinska Development's portfolio company Modus Therapeutics complete...

Karolinska Development's portfolio company Modus Therapeutics completes enrollment in part 1 of its phase 2a study with sevuparin STOCKHOLM, SWEDEN July 14, 2025. Karolinska Development AB (Nasdaq Stockholm: KDEV) today announces that its portfolio company Modus Therapeutics has completed patient enrollment on schedule to part 1 of its ongoing clinical phase 2a study with sevuparin, which is being evaluated as a treatment for patients with chronic kidney disease with anemia. Modus Therapeutics, listed on Nasdaq First North Growth Market, has successfully completed the patient enrollment fo...

 PRESS RELEASE

Karolinska Developments portföljbolag Modus Therapeutics har slutfört ...

Karolinska Developments portföljbolag Modus Therapeutics har slutfört rekryteringen i del 1 av sin fas 2a-studie med sevuparin STOCKHOLM, SVERIGE 14 juli 2025. Karolinska Development AB (Nasdaq Stockholm: KDEV) meddelar idag att portföljbolaget Modus Therapeutics har slutfört patientrekryteringen enligt tidsplan till del 1 av sin pågående kliniska fas 2a-studie med läkemedelskandidaten sevuparin, som utvärderas som en behandling för patienter med kronisk njursjukdom med anemi. Modus Therapeutics, noterat på Nasdaq First North Growth Market, har framgångsrikt slutfört patientrekryteringen t...

 PRESS RELEASE

Karolinska Development får uppdatering från Organon gällande OG-6219

Karolinska Development får uppdatering från Organon gällande OG-6219 STOCKHOLM, 3 juli 2025. Karolinska Development AB (Nasdaq Stockholm: KDEV) meddelar att bolaget mottagit en uppdatering från Organon gällande utvecklingen av läkemedelskandidaten OG-6219, som förvärvades av Organon genom uppköpet av Forendo Pharma 2021. Till följd av resultat från en klinisk fas 2-studie med OG-6219 planerar Organon att avsluta det kliniska utvecklingsprogrammet med OG-6219. Organon har meddelat resultat från den kliniska fas 2-studien ELENA, en proof-of-concept-studie som utvärderade läkemedelskandidaten...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch