KURN Kuros Biosciences AG

EQS-News: Kuros Biosciences to showcase new MagnetOs products at NASS 2021 Annual Meeting

EQS Group-News: Kuros Biosciences AG / Key word(s): Miscellaneous
Kuros Biosciences to showcase new MagnetOs products at NASS 2021 Annual Meeting

28.09.2021 / 07:00


  • New products expand perioperative solutions for surgeons
  • Data to be presented on new formulation of MagnetOs that includes a collagen carrier

Schlieren (Zurich), Switzerland, 28 September 2021 - Kuros Biosciences ('Kuros' or the 'Company'), a leader in next generation bone graft technologies, announced today that it will showcase new products in the MagnetOs range at the 36th Annual Meeting of the North American Spine Society (NASS), being held in Boston from September 29 to October 2, 2021.

Joost de Bruijn, Chief Executive Officer of Kuros, said: "We are on a mission to ease the burden of spine-related pain through superior biologics for better spinal fusions. These new products demonstrate Kuros' commitment to that goal. Adding new pack sizes, new formulations and new products allows Kuros to offer a more complete portfolio of perioperative solutions to surgeons wanting the therapeutic benefits of MagnetOs bone graft."

Kuros is expanding its current MagnetOs Putty range to include a new 2.5cc unit that is ideal for filling gaps in the spine during posterior cervical fusion procedures. The company will also demonstrate its new MagnetOs Easypack Putty, which was recently granted 510(k) clearance by the US Food and Drug Administration (FDA).

In addition, Kuros will present data for a new formulation of MagnetOs that includes a collagen carrier, and which is being designed for surgeons who prefer to mix their bone graft with blood or bone marrow aspirate.

For further information, please contact:

Kuros Biosciences AG 
Michael Grau
Chief Financial Officer
t:   7
e:
LifeSci Advisors 
Hans Herklots
Investors
t:
e:

About MagnetOs
MagnetOs isn't like other bone grafts. It grows bone even in soft tissue thanks to its unique NeedleGrip surface technology which provides traction for our body's vitally important 'pro-healing' immune cells (M2 macrophages). This in turn, unlocks previously untapped potential to stimulate stem cells - and form new bone throughout the graft. The growing body of science behind NeedleGrip is called osteoimmunology. But for surgeons and their patients it means one thing: a more efficient and predictable fusion.

US indications statement
MagnetOs Putty and MagnetOs Easypack Putty are intended to fill bony voids or gaps of the skeletal system, i.e., posterolateral spine. In the posterolateral spine, MagnetOs Putty and MagnetOs Easypack Putty must be used with autograft as a bone graft extender. The osseous defects may be surgically created or the result of traumatic injury to the bone and are not intrinsic to the stability of the bony structure. MagnetOs Putty and MagnetOs Easypack Putty resorb and are replaced with bone during the healing process.

About Kuros Biosciences AG
Kuros Biosciences is a fast-growing leader in the development of spinal fusion biologics that ease the burden of back pain. With locations in the United States, Switzerland and the Netherlands, the company is listed on the SIX Swiss Exchange.  The company's first commercial product, MagnetOs, is a unique synthetic bone graft that has already been used successfully across three continents and in some 4,000 spinal fusion surgeries. The next candidate in the Kuros pipeline is Fibrin-PTH - the first drug-biologic combination for interbody spinal fusions, currently undergoing a Phase 2 clinical trial in the US. For more information on the company, its products and pipeline, visit .

Forward Looking Statements
This media release contains certain forward-looking statements that involve risks and uncertainties that could cause actual results to be materially different from historical results or from any future results expressed or implied by such forward-looking statements. You are urged to consider statements that include the words 'will' or 'expect' or the negative of those words or other similar words to be uncertain and forward-looking. Factors that may cause actual results to differ materially from any future results expressed or implied by any forward-looking statements include scientific, business, economic and financial factors, Against the background of these uncertainties, readers should not rely on forward-looking statements. The Company assumes no responsibility for updating forward-looking statements or adapting them to future events or developments.



End of Media Release


Language: English
Company: Kuros Biosciences AG
Wagistrasse 25
8952 Schlieren
Switzerland
Phone:
Fax:
E-mail:
Internet:
ISIN: CH0325814116
Valor: 32581411
Listed: SIX Swiss Exchange
EQS News ID: 1236340

 
End of News EQS Group News Service

1236340  28.09.2021 

fncls.ssp?fn=show_t_gif&application_id=1236340&application_name=news&site_id=research_pool
EN
28/09/2021

Underlying

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

Reports on Kuros Biosciences AG

Kuros Biosciences AG: 2 directors

Two Directors at Kuros Biosciences AG sold 249,917 shares at 28.300CHF. The significance rating of the trade was 100/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years ...

 PRESS RELEASE

Kuros Biosciences Reports First Half of 2025 Results

Kuros Biosciences Reports First Half of 2025 Results Ad-hoc announcement pursuant to Article 53 of the SIX listing rules Kuros Biosciences Reports First Half of 2025 Results Financial Highlights Total Medical Device sales rose by 78% to USD 63.5 million in H1 2025 (H1 2024: USD 35.7 million)Direct MagnetOs™ sales increased by 77% to USD 62.7 million in H1 2025 (H1 2024: USD 35.4 million)The Group achieved its first-ever operating profit, reaching USD 3.5 million, compared to an operating loss of USD (0.2) million in H1 2024Total Group EBITDA reached USD 5.1 million in H1 2025 (H1 2024...

 PRESS RELEASE

Kuros Biosciences launches MagnetOs MIS Delivery System by completing ...

Kuros Biosciences launches MagnetOs MIS Delivery System by completing first cases, and continues global expansion with incremental Brazil clearance     Kuros Biosciences launches MagnetOs MIS Delivery System by completing first cases, and continues global expansion with incremental Brazil clearance Schlieren (Zürich), Switzerland, August 5, 2025 – Kuros Biosciences (“Kuros” or the “Company”) a leader in innovative biologic technologies, today announced the completion of the first U.S. cases using the new MagnetOsTM MIS Delivery System – a sterile, prefilled, single-use delivery system eng...

 PRESS RELEASE

Kuros Biosciences to share latest MagnetOs™ market impact and strategi...

Kuros Biosciences to share latest MagnetOs™ market impact and strategic priorities at Capital Market Day in Zürich     Kuros Biosciences to share latest MagnetOs™ market impact and strategic priorities at Capital Markets Day in Zürich Schlieren (Zürich), Switzerland, May 13, 2025 – Kuros Biosciences (“Kuros” or the “Company”) a leader in innovative biologic technologies, is pleased to announce today’s Capital Markets Day on Tuesday, May 13, 2025, at 9am CEST, at the Hyatt Regency Zürich Airport, The Circle, Zürich, Switzerland. The event will also be available virtually via live webcast....

 PRESS RELEASE

Annual General Meeting of Kuros Biosciences approves all resolutions

Annual General Meeting of Kuros Biosciences approves all resolutions Annual General Meeting of Kuros Biosciences approves all resolutions Schlieren (Zurich), Switzerland, April 15, 2025 – Kuros Biosciences (“Kuros” or the “Company”) a leader in next generation bone healing technologies, held its Annual General Meeting today. The Annual General Meeting approved the Annual Report, the Annual Financial Statements, and the Consolidated Financial Statements for the year 2024 and took note of the Reports of the Auditors. Shareholders granted discharge to the Board and the Executive Committee,...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch