Establishment Labs Receives Issuance for Key U.S. Patent Covering Company’s Implant Surface Technology
NEW YORK, March 25, 2020 (GLOBE NEWSWIRE) -- Establishment Labs Holdings Inc. (NASDAQ: ESTA), a medical technology company focused on women’s health, initially in the breast aesthetics and reconstruction market, today announced that the U.S. Patent & Trademark Office has issued a patent protecting its proprietary implant surface technology. U.S. Patent No. 10,595,979, which extends protection to March 2035, covers breast implant surface technology associated with increased biocompatibility. The ‘979 patent epitomizes the Company’s dedication to improving patient safety and post-operative outcomes by advancing technology.
“This patent protects the fundamental characteristics of the unique surface technology found in our popular Motiva Implants, currently available to patients in over 80 countries and now being studied in our U.S. clinical trial,” said Juan José Chacón-Quirós, Chief Executive Officer. “We believe this differentiated technology is a key aspect of the exceptional safety profile of Motiva and provides our company with a strong competitive advantage. Our culture of innovation, backed by a strong patent portfolio, will help Establishment Labs to transform this industry with new advances for breast surgery.”
The ‘979 patent was co-invented by Dr. Ardeshir Bayat, Professor at the University of Manchester at the Manchester Institute of Biotechnology in the United Kingdom. With this newly issued patent, the Company owns or has rights to eight issued patents and 17 pending patent applications in the U.S. related to various aspects of its Motiva Implants; four issued patents and 57 pending foreign patent applications; and 6 pending international Patent Cooperation Treaty (PCT) applications.
About Establishment Labs
Establishment Labs Holdings Inc. (NASDAQ: ESTA) is a global medical technology company focused on women’s health, initially in the breast aesthetics and reconstruction market, by designing, developing, manufacturing and marketing an innovative portfolio of silicone gel-filled breast implants, branded as Motiva Implants®, the centerpiece of the MotivaImagine® platform. Motiva Implants® are produced at our two manufacturing sites that are compliant with ISO13485:2016, FDA 21 CFR 820 under the MDSAP program, and are currently commercially available in more than 80 countries through exclusive distributors or the Company’s direct salesforce. In March 2018, Establishment Labs received approval for an investigational device exemption (IDE) from the FDA and initiated the Motiva Implant® clinical trial in the United States in April 2018. In addition to Motiva Implants®, Establishment Labs’ product and technologies portfolio includes the Divina ® 3D Simulation System and other products and services. Please visit our website for additional information: www.establishmentlabs.com
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David K. Erickson