aap bio implants group and partners are granted EUR 1 million in
funding to develop and manufacture ultra-clean biopolymers
The aap bio implants group, comprising the aap Implantate AG Group
companies that are involved in medical biomaterials, has been able
with cooperation partners to secure EUR 1 million in development
funding from the European Union's Euro-Transbio program.
The aap bio implants group plans to use this funding to set up GMP
production (Good Manufacturing Practice) of ultra-clean, detoxicated
biopolymers at its Dutch location in Nijmegen. These biopolymers are
used, inter alia, in the fast-growing field of adhesion barriers in
spine operations and internal surgery to prevent organic tissue from
adhering. This is a product area in which aap bio implants is already
active.
The new, patented production process - considered highly innovative
and commercially promising by grant application evaluators - will
enable aap bio implants to meet its own fast-growing requirements in
the years ahead at a significantly lower cost than by using existing
processes and also to supply third parties on a large scale.
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aap is a medical technology company that develops, manufactures and
markets biomaterials and implants for trauma and orthopaedics. Its
product portfolio includes bone cements, bone graft substitutes,
antibiotical carriers, implants for fracture healing and joint
replacement. In addition to its Berlin headquarters the company has
locations in Dieburg and Obernburg near Frankfurt am Main, Dusseldorf
as well as at Nijmegen in the Netherlands. aap Implantate AG has been
listed in the Prime Standard segment at the Frankfurt stock exchange
since May 16, 2003.
Please address any queries to:
aap Implantate AG, Nanette Hüdepohl, Investor & Public Relations,
Lorenzweg 5, 12099 Berlin, Germany
Tel.: +49 30 7501 9133; fax: +49 30 7501 9290; n.huedepohl@aap.de
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aap Implantate AG
Lorenzweg 5 Berlin Germany
WKN: 506660; ISIN:
DE0005066609; Index: CDAX, Prime All Share, TECH All Share;
Listed: Geregelter Markt in Frankfurter Wertpapierbörse, Prime
Standard in Frankfurter Wertpapierbörse,
Freiverkehr in Börse Berlin, Freiverkehr in Börse Düsseldorf,
Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg, Freiverkehr
in Niedersächsische Börse zu Hannover,
Freiverkehr in Bayerische Börse München, Freiverkehr in Börse
Stuttgart;
