(March 4, 2011)--San Antonio-based GenOsteo Inc. and Austin-based SpineSmith Partners announce an agreement to commercialize a synthetic scaffold that can be used with adult stem cells (ASCs) to produce a new and highly effective bone graft material. The scaffold, developed by biomedical engineers at The University of Texas at San Antonio, provides an optimal way to use ASCs for spinal fusion and restoring bone lost because of trauma or disease.
"Our scaffold offers surgeons a new and better way to deliver ASCs to promote bone formation. Delivering the right type of cells on the right scaffold will improve clinical results in orthopedic bone grafting procedures," said Daniel Oh, UTSA research assistant professor in the UTSA Department of Biomedical Engineering, president/CSO of GenOsteo and a member of the team that developed the new technology. "When the technology reaches the market, we expect it to become the product of choice for orthopedic and neurosurgeons who recognize the need for better bone graft materials."
There are numerous orthopedic applications for the GenOsteo scaffold technology. In addition to the use in spinal fusion and general orthopedics, the scaffolds can be used to support the regeneration of craniofacial bone in patients who have lost a portion of their skulls because of trauma, surgery or disease.
GenOsteo plans to evaluate its scaffold for use in orthopedic applications that impose greater mechanical demands on the graft material. Scaffolds that can withstand mechanical loading, while eventually being replaced by the patient's own bone as it heals, will represent another significant advance in bone grafting and tissue regeneration technology.
SpineSmith will focus on the marketing, sales and distribution of the product. The two partners are seeking growth funds to support product commercialization.
"This agreement is an exciting opportunity for both SpineSmith and GenOsteo," said James Poser, executive vice president of regenerative medicine at SpineSmith. "This development program will bring together one of the brightest and most innovative teams of material scientists and experts in musculoskeletal tissue regeneration. I fully expect that when the results of this collaborative effort are realized, we will be able to provide surgeons with the best option for their patients."
Founded in 2008, GenOsteo is the first start-up company out of UTSA that was established to commercialize UTSA intellectual property.
"This is the first example of UTSA bringing together the right environment of faculty research, university policy, IP management and collaboration with the business community to launch faculty-initiated technology ventures from the university, truly an example of UTSA's continued climb toward being a Tier One research university," said Cory Hallam, director of the UTSA Center for Innovation and Technology Entrepreneurship.
GenOsteo is in UTSA's New Venture incubator, which serves as a bridge between San Antonio entrepreneurs and the region's research and development community. Established earlier this year at the UTSA Main Campus, the incubator supports start-up companies commercializing UTSA intellectual property and sponsors research that the university expects will enhance the UTSA intellectual property portfolio.
About SpineSmith Partners
SpineSmith Partners LP is dedicated to creating better ways to facilitate and accelerate the healing of spinal disorders through integration of innovating medical devices and biologic technologies. SpineSmith designs, develops and markets implants and biologics for surgical fixation, correction and tissue regeneration of the spine. SpineSmith's dedication to a collaborative approach between scientists, engineering and spine surgeons results in the development of innovative biological and hardware technologies.
STTM is the University of Texas System technology transfer office serving The University of Texas at San Antonio and other institutions in South Texas. STTM provides leadership in promoting innovation and technology transfer through proactive management of IP, technology development and commercialization to support the missions of member institutions, advance regional economic development and benefit the public.
The UTSA community is invited to the Community Networking events hosted by the Student Center for Community Engagement and Inclusion during Roadrunner Days. Various opportunities will be available that will focus on our diverse population.
H-E-B University Center Ballrooms (HUC 1.104 and HUC 1.106), Main Campus
Start in the Paseo then branch out around campus so you know where to go on the first day of classes.
University Center Paseo, Main Campus
This event offers a preview of the UC’s programs and services that students can enjoy throughout the year. There will be food and giveaways too.
University Center Paseo, Main Campus
There will be a special UCinema showing following Kickback at the UC at 9pm in Retama Auditorium (located on the 2nd floor of UC North).
University Center, Retama Auditorium (UC 2.02.02), Main Campus
The Honors College welcomes all new freshmen to UTSA. Join them for breakfast and meet Honors College administrators, staff, and connect with other new Honors students.
University Center, Denman Room (UC 2.01.28), Main Campus
Convocation is UTSA’s ceremony to launch the new academic year. Attendance is mandatory for all incoming freshmen because it marks the first step students will take in their higher education journey of discovery. It is also highly recommended for transfer students as they continue their higher education journey at UTSA and become members of the Roadrunner Family.
Convocation Center, Main Campus
Visit your College to explore your major before the first day of classes.
Various locations, Main and Downtown Campuses
Successful first-year students at UTSA are those who learn how to utilize resources, recognize and resolve problems, and prepare themselves to take advantage of their time on campus. The Student Success Series promotes this achievement by offering workshops on the common concerns and questions first-year students have during their transition to university life.
University Center Retama Auditorium (UC 2.02.02), Main Campus
The University of Texas at San Antonio is dedicated to the advancement of knowledge through research and discovery, teaching and learning, community engagement and public service. As an institution of access and excellence, UTSA embraces multicultural traditions and serves as a center for intellectual and creative resources as well as a catalyst for socioeconomic development and the commercialization of intellectual property - for Texas, the nation and the world.
To be a premier public research university, providing access to educational excellence and preparing citizen leaders for the global environment.
We encourage an environment of dialogue and discovery, where integrity, excellence, inclusiveness, respect, collaboration and innovation are fostered.