Generex Biotechnology Subsidiary Olaregen Therapeutix Launches Excellagen Wound Conforming Matrix 3.0 cc Pre-Filled Syringe
GENEREX BIOTECHNOLOGY (GNBT)
US:NASDAQ Investor Relations:
generex.com/investor
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Source: GlobeNewswire
MIRAMAR, Fla., Oct. 01, 2019 (GLOBE NEWSWIRE) -- Generex Biotechnology Corporation (www.generex.com) (GNBT) (http://www.otcmarkets.com/stock/GNBT/quote), is pleased to announce that their subsidiary, Olaregen Therapeutix, Inc. today officially launched the Excellagen 3.0 cc pre-filled syringe, which is specifically designed for use in the surgical suite. The addition of the 3cc size to the Excellagen product line will allow vascular surgeons to treat larger, hard to heal wounds like venous leg ulcers or venous stasis ulcers (VLUs or VSUs), which affect 1% of the adult population and 3.6% of people older than 65 years. (Ulcers.2013;2013:413604). In the United States, VSUs have been estimated to contribute to significant direct and indirect healthcare and personal costs including loss of productivity, which accounts for more than 2 million days of absence from work and decreased quality of life. VSUs reportedly incur treatment costs of approximately $3 billion per year (Ulcers. 2013;
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