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About Advanced BioHealing, Inc.
Advanced BioHealing develops and commercializes living cell therapies that repair damaged human tissue and enable the body to heal itself. A privately held company with more than 250 employees, Advanced BioHealing maintains its corporate office in Westport, CT, a 70,000 sq. ft. manufacturing facility in La Jolla, CA, and a research facility in Nashville, TN. To meet Advanced BioHealing’s executives and learn more about the Company, please visit the Company’s web site at www.ABH.com
About Dermagraft®
Dermagraft is a bio-engineered skin substitute that assists in restoring damaged tissue and supports the body’s natural healing process. It is FDA approved to treat diabetic foot ulcers and is the focus of an ongoing pivotal trial in subjects with venous leg ulcers (VLUs) to assess the product’s safety and efficacy in the promotion of healing VLUs. To date, nearly 200,000 applications of Dermagraft have been administered in over 1,000 wound care centers and outpatient clinics nationwide. For videos of Dermagraft in action, case studies, research and more, visit www.Dermagraft.com.
About Diabetic Foot Ulcers
In 2007, 23.6 million people, or 7.8% of the American population, had diabetes. Referred to as the “epidemic of our time” by the U.S. Centers for Disease Control and Prevention, incidence of diabetes is expected to increase 165% by 2050. The World Health Organization estimates 171 million people have diabetes globally and that number is expected to double by 2030. As a chronic medical condition among many diabetes patients, it is estimated that 15-25% will develop a foot ulcer in their lifetime, putting them at a 14-24% risk for lower limb amputation, and a 45% chance of death within five years if not managed properly. Also generating a significant financial impact, each new incidence of diabetic foot ulcers (DFUs) in the U.S. costs nearly $40,000 to treat in the first two years. In the U.S. and Europe combined, DFU incidence is estimated to be between 1.7 to 2.5 million annually. Risk of death from unhealed neuropathic ulcers like DFUs is greater than both breast cancer and prostate cancer combined.
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