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BioMimetic gets OK to sell bone graft product in Australia

10/20/2011

BioMimetic Therapeutics Inc. has won approval to sell its Augment bone graft product for foot and ankle fusions in Australia.

 

The Therapeutic Goods Administration, Australia’s regulatory agency for medical drugs and devices, approved BioMimetic’s application based on data from the company’s clinical trials in North America.

 

BioMimetic, a Franklin-based medical products maker, expects a full launch of Augment in Australia by next spring.

 

Augment is being marketed as an alternative to autograft; the current standard bone grafting technique used in hindfoot and ankle fusion procedures.

 

BioMimetic has approval for Augment in Canada. Decisions on approval are pending in the United States and Europe from the U.S. Food and Drug Administration and European Union.

 

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