Velico® Medical Acquires Entegrion Inc’s Resusix Product Portfolio

News Release: July 2022

Velico® Medical expands plasma products portfolio with intellectual property transfer of Entegrion Inc’s Resusix product portfolio.

Leading blood science company, Velico® Medical has completed a deal with North Carolina based, Entegrion, for the intellectual property, trade secrets and spray drying technologies of their pooled, pathogen reduced, dehydrated plasma product, Resusix.

The Resusix technology yields a dehydrated plasma product derived from the pooling and solvent detergent (S/D) treatment process via spray drying. The reconstituted product has a coagulation profile that meets the rigorous standards set in EU Pharmacopeia for S/D plasma. With an extended shelf life of more than two years, the longer storage capacity breaks the cold chain restrictions of frozen blood plasma.

“Acquiring the Resusix product portfolio supports our continued efforts to solve critical unmet needs in transfusing these life-saving blood products for both military and civilian use and represents opportunities for significant savings for the healthcare delivery system”

stated Richard Meehan, President and CEO of Velico® Medical.

“With the efforts and commitment of the Velico® Medical leadership we believe that this valuable fresh frozen plasma alternative will become available to patients in need and offer an greater level of safety improving patient outcomes.” said Dr. Christopher Rumana, Chairman of the Board for Entegrion.

About Velico®:

Velico® Medical, Inc. is a private US medical technology company, committed to the mission of eliminating preventable death from bleeding. Headquartered in Beverly, Massachusetts, USA, Velico® has been in business since 1992 (originally ZymeQuest). Velico® personnel have substantial expertise and experience in transfusion medicine and medical device development. Velico® intends to equip regional blood centers around the world to respond to the urgent clinical need for a locally produced, consistently available, point of care, dry plasma product for transfusion. In support of its mission, Velico® is developing partnerships with civilian, government and military blood center leadership, trauma surgeons, emergency medical physicians, military medics and first responders worldwide.

About Entegrion:

Entegrion is a life sciences development company that is focused on improving the safety and availability of blood component therapy. Based in North Carolina’s Research Triangle Park, its patented technologies are designed to overcome limitations in storage, safety, and availability of blood-derived products while improving their functionality. Many of Entegrion’s advances in biologics are based on close collaborations with leading medical research institutions. Visit www.entegrion.com for more information.

Media contact: press@veli.co