ORGO Organogenesis Holdings (A)

Organogenesis Receives FDA Clearance for Next Generation PuraPly Surgical Solution

Organogenesis Receives FDA Clearance for Next Generation PuraPly Surgical Solution

PuraPly MZ is an Innovative Product for Complex Surgical Wounds

CANTON, Mass., Aug. 15, 2022 (GLOBE NEWSWIRE) -- Organogenesis, a leading regenerative medicine company, today announced it has received U.S. Food and Drug Administration (FDA) 510k Clearance for , a brand extension to the PuraPly product portfolio. PuraPly MZ leverages the innovative properties of our PuraPly technology engineered into a micronized (powdered) form to provide surgeons with an option for complex surgical wounds.

“Securing FDA Clearance for PuraPly MZ is a significant milestone for the company as we continue to expand into the surgical and sports medicine market,” said Gary S. Gillheeney, Sr., President and chief executive officer of Organogenesis. “We are very pleased to provide surgeons addressing complex surgical wounds with access to this extension of our widely used PuraPly technology. This new solution demonstrates Organogenesis’s commitment to delivering innovative advanced technologies that improve surgical outcomes and patient experience.”

Of the 40 to 50 million surgeries in the United States each year, up to 28% of surgical sites must be left open to heal. To support clinicians and patients with these complex post-surgical wounds, Organogenesis developed PuraPly MZ, a powder that is designed to support wound healing in deep, tunneling, and complex wounds. PuraPly MZ consists of native structured collagen that is designed to allow for maximum coverage and maintenance of optimal contact with the contours of the wound surface to support healing.

Organogenesis offers a variety of solutions for the advanced wound care and surgical and sports medicine markets. For information on all Organogenesis’s wound care solutions, visit .

About Organogenesis Holdings Inc.

Organogenesis Holdings Inc. is a leading regenerative medicine company focused on the development, manufacture, and commercialization of solutions for the advanced wound care and surgical and sports medicine markets. Organogenesis offers a comprehensive portfolio of innovative regenerative products to address patient needs across the continuum of care.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding adoption by surgeons of PuraPlyMZ for the treatment of complex surgical wounds. These forward-looking statements relate to expectations or forecasts for future events. Forward-looking statements may be identified by the use of words such as "will," "forecast," "intend," "seek," "target," "anticipate," "believe," "expect," "estimate," "plan," "outlook," "extend," "continue" and "project" and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Forward-looking statements are based on current expectations that are subject to known and unknown risks and uncertainties, which could cause actual results or outcomes to differ materially from expectations expressed or implied by such forward-looking statements. Important factors that could cause actual outcomes to differ materially from those indicated by these forward-looking statements include (1) to be commercially successful, Organogenesis must convince physicians that our products are safe and effective alternatives to existing treatments and that our products should be used in their procedures and (2) other risks and uncertainties described in Organogenesis’s filings with the Securities and Exchange Commission, including Item 1A (Risk Factors) of the Company’s Form 10-K for the year ended December 31, 2021 and its subsequently filed periodic reports. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Although it may voluntarily do so from time to time, the Company undertakes no commitment to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.  



Press and Media Inquiries:
Lori Freedman
 

Investor Inquiries:
ICR Westwicke
Mike Piccinino, CFA
 
443-213-0500
EN
15/08/2022

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