Protein Polymer Issued Two More Key U.S. Patents
SAN DIEGO, Oct. 15, 1996 -- Protein Polymer Technologies,
Inc.(Nasdaq: PPTI), today announced that the U.S. Patent and Trademark Office
has issued to the Company two additional pioneering patents encompassing
its protein polymer biomaterials technology. PPTI currently has four
issued U.S. patents, two about to be issued, and thirteen additional patent
applications pending. Corresponding patent applications have been
filed in major international markets.
Patent
No. 5,496,712 "High Molecular Weight Collagen-Like Protein Polymers"
describes the recombinant production of synthetic high molecular weight
collagen-like polymers that incorporate into the molecular structure new
synthetic properties while retaining selected natural "collagen"
properties. In nature, collagen makes up more than 80 percent of the
body's connective tissue. Collagen extracted from animals (primarily
from cow hides) has been widely used for such medical purposes as an hemostatic
agent and for a variety of tissue augmentation procedures. Medical
researchers have long sought an effective substitute for animal-derived
collagen due to mechanical limitations and its potential to cause immunological
reactions. PPTI's collagen-like materials have the potential to avoid
immunological problems and to provide significantly better mechanical and
formulation properties.
Patent
No. 5,514,581 "Functional Recombinantly Prepared Synthetic Protein
Polymers" describes structural protein polymer backbones containing
multiple functional peptide sequences, such as cell growth promoters and
attachment sites for mammalian cells. PPTI's ProNectin(R)F
-- a protein polymer with a crystalline, silk-like backbone containing multiple
cell attachment sites from human fibronectin -- is incorporated in this
patent as an example and a new composition of matter. It is sold commercially
for biomedical research requiring the growth of mammalian cells outside
the body.
"These patents demonstrate the exceptional depth
and breadth of our protein polymer technology and reinforce our pioneering
position in the field of biomaterials," said J. Thomas Parmeter, President
and Chief Executive Officer of Protein Polymer Technologies, Inc.
"We continue to protect our technology through a patent strategy that
involves a layered approach covering, respectively, protein and DNA compositions,
polymer design and recombinant DNA methodology, and applications and products.
We believe that this approach has resulted in an exceptionally strong proprietary
position that will protect the Company's commercial interests in both the
short and long term."
Protein Polymer Technologies, Inc. is a development stage
biomaterials company focused on tissue repair and drug delivery. PPTI's
genetically engineered, protein-based biomaterials can be designed specifically
for use as biocompatible implants directing the activities of mammalian
cells. Products being developed include tissue adhesives and sealants,
wound healing matrices, surgical adhesion barriers, and drug delivery devices.
PPTI also markets a line of protein polymer-activated cell culture products
under the trade names of ProNectin(R)
and SmartPlastic(R).
For more information on these and other issued patents, visit PPTI's
online Patents page.