Corporate | 3 March 2006 15:24
aap Implantate AG: Heraeus distributes biomaterial Ostim
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The issuer is solely responsible for the content of this announcement.
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Heraeus distributes biomaterial Ostim
Berlin, March 3, 2006
ADC Advanced Dental Care, a subsidiary of aap Implantate AG, a German
medical technology company active in the areas of fracture healing, joint
replacement, bone cements and biomaterials, has entered into a long-term
agreement with Heraeus Kulzer GmbH for the worldwide distribution of aap´s
bone graft substitute Ostim in the dental field. Heraeus Kulzer, a
subsidiary of the Heraeus Group, is a leading European supplier of dental
products.
Ostim is a synthetic nanotechnology-based, absorbable bone graft
substitute. Nanostructure, revascularization and bone transformation
quality of Ostim extensively corresponds to the quality of the natural
bone.
This agreement, which significantly enlarges an existing cooperation, also
includes the market introduction of Ostim in the dental field in the USA.
The FDA approval required for this has already been obtained. After a
one-year introductory phase, the target minimum sales volume of the
cooperation is significantly above one million Euros per year for ADC and
should further increase in coming years.
In October 2005 aap Implantate AG acquired 54% of ADC´s shares.
Contact:
For further Information, please contact:
aap Implantate AG; Nanette Hüdepohl; Investor & Public Relations; Lorenzweg
5; D-12099 Berlin
Tel.: ++49/30/750 19 – 133; Fax.: ++49/30/750 19 – 290; n.huedepohl@aap.de
(c)DGAP 03.03.2006
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language: English
emitter: aap Implantate AG
Lorenzweg 5
12099 Berlin Deutschland
phone: +49 (0) 30 75 01 90
fax: +49 (0) 30 75 01 91 11
email: aap@aap.de
WWW: www.aap.de
ISIN: DE0005066609
WKN: 506660
indexes:
stockmarkets: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Hannover, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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