co.don AG

positive business performance in 2012 - Seite 2

The orthopaedic department of the Agaplesion Elisabethenstift hospital in Darmstadt became the first clinic in Germany to be recognised as an official teaching centre by the International Cartilage Repair Society (ICRS). Since 2006 the consultant Dr. Thomas Schreyer has applied the method developed by co.don AG to treat cartilage damage in the knee joint.

"Joint preservation before joint replacement - over 5,000 knee and spinal cartilage patients have already been treated. According to the experts who use the treatment, the success rate is 85%", explains Dr. Baltrusch, CEO of co.don AG. Compared with other therapy options the treatment is often much more gentle and in Germany the costs are reimbursed by both statutory and private health insurance. Every year more than 175,000 knee replacement operations are carried out in Germany. "With our procedure", says co.don CEO, "cartilage damage can be repaired gently and replacement surgery often averted."

About co.don^® AG:

The company is based in Teltow, Brandenburg, and was founded in 1993. Since 2001 the biopharmaceutical specialist has been listed on the Frankfurt Stock Exchange (ISIN: DE000A1K0227). co.don AG^® uses tissue engineering - the cultivation and growth of autologous tissue cells - to develop innovative products and therapeutic concepts for the orthopaedic and neurosurgical markets. The cell-based biological drugs (autologous cell transplants for articular cartilage and intervertebral disks) are produced without the use of antibiotics, growth factors and genetic engineering. The Executive Board of co.don^® AG is made up of Dr Andreas Baltrusch (CEO) and Ms Vilma Methner (COO, CSO).
Further information is available from: www.codon.de

 

Press contact

co.don AG
Matthias Meißner
Warthestraße 21
Tel:	0049 3328 43 46 37
Fax:	0049 3328 43 46 43
Email:	[e-mail]

Press release (PDF)

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Source: co.don AG via Thomson Reuters ONE

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co.don AG
Warthestr. 21 Teltow Germany

WKN: A1K022;ISIN: DE000A1K0227;
Listed: Freiverkehr in Börse Stuttgart,
Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg,
Freiverkehr in Börse Berlin,
Freiverkehr in Börse Düsseldorf,
Freiverkehr in Niedersächsische Börse zu Hannover,
General Standard in Frankfurter Wertpapierbörse,
Regulierter Markt in Frankfurter Wertpapierbörse;