Wed, January 18, 2012
CAMBRIDGE, Mass.--([ BUSINESS WIRE ])--InVivo Therapeutics Holdings Corp. (OTCBB: NVIV), a developer of groundbreaking technologies for the [ treatment of spinal cord injuries ] (SCI), today announced that CEO Frank Reynolds is scheduled to appear on KTXL-TVas FOX40 Live on Wednesday, January 11th during their 8:00 AM (PST) newscast.
"Our therapeutic approach confirms a clear paradigm shift in the treatment of spinal cord injuries, and we look forward to being on KTXL-TV."
InVivo Therapeutics has pioneered a new treatment platform 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 a traumatic spinal cord injury. Reynolds will discuss the scaffold and how it is expected to work in humans, as well as results from InVivoas largest non-human primate study.
aWe expect that our technology will change the standard of care for spinal cord injury treatment. Weare currently under review at FDA and we look forward to receiving approval from FDA to begin human studies,a said Reynolds. aOur therapeutic approach confirms a clear paradigm shift in the treatment of spinal cord injuries, and we look forward to being on KTXL-TV.a
FOX40 Live is a top morning show in Sacramento airing Monday through Fridays from 4:30-10:00 AM PST.
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 2011 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, Mass. For more details, visit [ www.invivotherapeutics.com ].
Safe Harbor Statement
Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements within the meaning of the federal securities laws. Any forward-looking statements contained herein 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 Companyas ability to sell additional shares of common stock and warrants to purchase common stock at additional closings, the Companyas ability to develop, market and sell products based on its technology; the expected benefits and efficacy of the Companyas 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 Companyas 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 filings with the SEC, including our Form 10-K and Form 10-Qs and our current reports on Form 8-K. We do not undertake to update these forward-looking statements made by us.
