Genetic Engineering Patents Issued to Recombinetics : RushPRNews - Newswire & Global Press Release Distribution

 
Bookmark and Share

Genetic Engineering Patents Issued to Recombinetics

January 7, 2013

Genetic Engineering Patents Issued to Recombinetics
Recombinetics

Saint Paul, MN (RPRN) 01/07/13 — Minnesota Based Company Cleared to Commercialize Tissue Organ Transplant and Bio Material Solutions in United States, Australia, and New Zealand

Recombinetics, an innovative gene-editing and gene-repair company, announced the issuance of new patents today. The newly issued patents are the latest evidence that the future of scientific breakthroughs for the biomedical market is being developed through its technologies and proprietary TALEN gene-editing platforms.

U.S. Patent (No. 8309791 B2) has been issued for a method that dramatically enhances the efficiency and flexibility of gene addition in livestock cells and embryos using chemically treated transposons, a genome modification platform developed by Recombinetics scientists.  Patents have also been issued in New Zealand (No.  565337) and Australia (No. 2006262020) for the seminal application of transposon transgenesis to swine, wherein pigs were engineered to prevent transmission of viruses to humans. In addition to global commercial applications including product development for the therapeutic transplantation of cells and organs such as islets, hearts, kidneys, and livers, the technology may have implications for the improvement of global infectious disease management for population health.

“We’re excited to see our IP portfolio grow.  Related patents are pending around the world,” said Scott Fahrenkrug, Chairman and Chief Executive Officer of Recombinetics. “We are confident that the breakthroughs protected in these patents will lead to clinically impactful and profitable commercial applications for the organ transplant and bio-materials markets, which is estimated at $2 billion and growing.”

Recombinetics is currently seeking private investors in support of its continued development and growth. In addition to these newly issued patents, the company has several landmark patents pending in genetic engineering, including a Utility patent for its gene editing, gene-repair technology. This patent solidifies Recombinetics’ position in TALEN-based gene editing, for which they hold a global, exclusive license from Cellectis Bioresearch for application to livestock for biomedicine and animal agriculture.

“We get excited any time we can enhance scientific processes and platforms that promise to improve patient outcomes, contribute to solving world hunger and provide for the more humane treatment of animals as a food source,” concluded Fahrenkrug. “Patent protection motivates capital investment. Capital leads to more solutions, strategic partnerships, customer acquisition and organizational growth.”

ABOUT RECOMBINETICS

Founded in 2008, Recombinetics, Inc. is a global innovator in proprietary precision gene repair and gene editing technology. Breakthrough scientific research - including the development of TALEN technologies- has resulted in global exclusive rights in the biomedical, animal agriculture and livestock vertical markets. Recombinetics has garnered both private sector funding and significant development contracts from the National Institutes of Health, the US Department of Agriculture and the global commercial leaders in livestock genetics.

Media Contact Name: Annamarie Saarinen
Media E-mail:
Media Phone: (612) 964-6728
Click here to see all news from this author/company

Filed Under: BREAKING NEWS, BUSINESS NEWS, PRESS RELEASE

RUSH PR NEWS newswire and press release services at rushprnews.com / Anne Howard annehowardpublicist.com

Content- Legal Responsibility - All material is copyrighted - You may repost but you MUST link back to the original post on your page and acknowledge Rush PR News as the news source. Rush PR News is not legally and/or morally responsible for content of press releases, opinions expressed or fact-checking.

Rush PR News cannot be held legally responsible for material published and distributed through its newswire service or published in its press-room and therefore cannot be sued for published material. Third-party must be contacted directly to dispute content.

Rush PR News is not the contact for material published.

RSSFeed PRESS & SOCIAL MEDIA RELEASES

Ultraseal International wins Exporter of the Year for second time running

Coventry, UK 03/06/15 · Ultraseal International has scooped Exporter of the Year...

Bluesun Completes e-Apps and In-Force Integration with Top Insurance Carriers

TORONTO, Ontario 03/05/15 · Automation from Written to Settled – Now a...

CRTC Chief Compliance and Enforcement Officer issues $1.1 million penalty to Compu-Finder for spamming Canadians

Ottawa-Gatineau 03/05/15 · The Canadian Radio-television and Telecommunications Commission’s (CRTC’s) Chief...

Running Aces Supports Community With Inventive Fundraising Method

COLUMBUS, MN 03/05/15 · - Running Aces Casino & Racetrack has implemented...

2015 Springtime public relations is effervescent

SAN FRANCISCO 03/04/15 · Following a gruesome winter, Spring 2015 is promising...

Internet Gaming: New Wealth Management Tool For Entrepreneurs

Macao 03/04/15 · Wealth management has two parts: creation and retention....

Pemeco Consulting Approved to Provide CME-SMART Funded Assessments to Ontario Manufacturers and Exporters

Toronto, Ontario 03/04/15 · Peter Gross, President of Pemeco Consulting, today announced...

MoneyFish: The First Auctions Site Dedicated to Fishermen and Sportsmen

New York, NY 02/17/15 · MoneyFish: For the sportsmen ready to make and...