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FAIRFIELD,
Conn., Nov. 1 /PRNewswire-FirstCall/ -- Competitive
Technologies, Inc. (Amex: CTT - News) announced today
that patent number 6,808,561 has been issued by the
US Patent Office for Dr. Brian R. Genge's nanotechnology
bone biomaterial developed at the University of South
Carolina (USC). CTT has an exclusive agreement with
the University of South Carolina Research Foundation
to license and commercialize the nanotechnology, an
injectible calcium phosphate-based biomaterial. Dr.
Genge is a research professor in the Department of
Chemistry and Biochemistry at USC.
"The granting of this patent recognizes the unique
qualities of Dr. Genge's innovative nanoparticle biomaterial
technology," said Suzanne N. B. Alent, CTT's
VP Marketing and Business Development. "CTT has
an agreement with a major dental products company
to research the manufacture and use of this nanotechnology
for dental applications. We will continue to aggressively
market this superior technology for all aspects of
its capabilities."
In addition to its use in the
dental field, the patented nanotechnology can also
be applied to a variety of human orthopedic procedures,
especially related to the spine and craniofacial reconstruction,
as well as veterinary uses. The bone biomaterial technology
is an easily flowable, moldable paste that conforms
to and interdigitates with the host bone. It rapidly
hardens itself in vivo, forming a solid bone-like
structure capable of stabilizing fractured bone within
15 minutes and supports the growth of cartilage and
bone cells. The technology has superior compressive
strength making it suitable for weight and non-weight
bearing bones, and is both machinable and drillable.
John B. Nano, CTT's President
and CEO said, "CTT is proud to continue its successful
relationship with USC and Dr. Genge. We are building
and renewing our strong, global alliances with universities,
companies and individual inventors. Bone biomaterial
is just one of the exciting technologies in CTT's
innovative portfolio. We are actively marketing and
commercializing several technologies, including homocysteine
assays, video compression and decoding technology,
sexual dysfunction treatment, sunless tanning application,
silicon carbide wafer testing, encryption technology,
EZSpeech(TM) language-mastering software, an anti-cancer
compound and the Therapik® device."
About Competitive Technologies,
Inc.
Competitive Technologies, established
in 1968, is a full service technology transfer and
licensing provider focused on the technology needs
of its customers and transforming those requirements
into commercially viable solutions. CTT is a global
leader in identifying, developing and commercializing
innovative technologies in life, digital, nano, and
physical sciences developed by universities, companies
and inventors. The global market for technology transfer
services is estimated at $150 billion annually. CTT
maximizes the value of intellectual assets for the
benefit of its customers, clients and shareholders.
Visit CTT's website: http://www.competitivetech.net
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