Interview with InVivo Therapeutics’ CEO to be Aired on Boston’s NPR Station WBUR This Morning
InVivo Therapeutics Holdings Corp. (NVIV), a developer of
groundbreaking technologies for the treatment of spinal cord injuries
(SCI) and other neurotrauma conditions, today announced that an
interview with InVivo Chief Executive Officer Frank Reynolds is
scheduled to be aired on WBUR in Boston this morning during Morning
Edition with Renee Montagne, Steve Inskeep and Bob Oakes. Morning
Edition airs weekdays from 5:00 – 9:00am EDT, and the story will be
aired at approximately 5:50am and 7:50am EDT. A recording will also be
available to listeners on www.wbur.org.
InVivo Therapeutics has pioneered a treatment that uses a biocompatible
polymer-based scaffold to provide structural support to a damaged spinal
cord in order to spare tissue from scarring while improving recovery and
prognosis after traumatic SCI.
The U.S. Food and Drug Administration (FDA) recently granted two
approvals to the Company. The first is for Humanitarian Use Device (HUD)
designation of InVivo’s lead product, which the Company believes will
expedite the product’s path to market, and the second gave the Company
permission to begin a first-in-man clinical trial of the technology.
WBUR is Boston’s NPR news station and airs on radio station 90.9.
About InVivo Therapeutics
InVivo Therapeutics Holdings Corp. is utilizing polymers as a platform
technology to develop treatments to improve function in individuals
paralyzed from traumatic spinal cord injuries. The company was founded
in 2005 based on proprietary technology co-invented by Robert S. Langer,
ScD, Professor at Massachusetts Institute of Technology, and Joseph P.
Vacanti, M.D., who is affiliated with Massachusetts General Hospital. In
2011, the company earned the prestigious David F. Apple Award from the
American Spinal Injury Association for its outstanding contribution to
spinal cord injury medicine. The publicly traded company is
headquartered in Cambridge, MA. For more details, visit www.invivotherapeutics.com.
Safe Harbor Statement
Certain statements contained in this press release that are not
historical facts may constitute forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E of
the Securities and Exchange Act of 1934, and the Company intends that
such statements are subject to the safe harbor created thereby. These
statements include, but are not limited to, those relating to the
expected approval of the FDA to conduct human clinical trials for the
Company’s products, the expected commencement date of any approved human
clinical trials, the expected size of the pilot study, the expectation
that the scaffold product will be regulated under a HDE pathway, and the
expected acceleration of commercialization of the Company’s products
resulting therefrom. These forward-looking statements are based on
current expectations, but are subject to a number of risks and
uncertainties. The factors that could cause actual future results to
differ materially from current expectations include, but are not limited
to, risks and uncertainties relating to the Company’s ability to obtain
FDA approval to conduct human clinical trials; whether the human
clinical trials produce acceptable results; the Company’s ability to
develop, market and sell products based on its technology; the expected
benefits and efficacy of the Company’s products and technology in
connection with spinal cord injuries; the availability of substantial
additional funding for the Company to continue its operations and to
conduct research and development, clinical studies and future product
commercialization; and, the Company’s business, research, product
development, regulatory approval, marketing and distribution plans and
strategies. These and other factors are identified and described in more
detail in our Annual Report on Form 10-K for the year ended December 31,
2012 and subsequent filings with the SEC.
Forward-looking statements contained in this press release speak only as
of the date of this release. Subsequent events or circumstances
occurring after such date may render these statements incomplete or out
of date. The Company undertakes no obligation and expressly disclaims
any duty to update such statements.
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