FAQs
Please find below the answers to our investors‘ frequently asked questions:
- What is the main area of activity of co.don® AG?
- What does Tissue Engineering mean?
- When was co.don® AG founded?
- How many patents does co.don® AG have?
- What products does co.don® AG manufacture?
- What are autologous cell transplants?
- What advantages do co.don® products have compared to other competitors?
- How does co.don® AG protect its leading technology?
- What are the “Centers of Excellence”?
- How many employees does the company have?
- Where are the company’s shares traded?
- What lies behind the name co.don®?
- How can you get the current annual/interim report?
1. What is the main area of activity of co.don® AG?
We specialize in the development and commercialization of cell-based biologics of highest quality for the treatment of damaged articular cartilage, invertebral discs and bone.
All products are manufactured by using the company’s platform production technology, Integrated Isolator Technology (IIT) under Good Manufacturing Practice (GMP) conditions.
2. What does Tissue Engineering mean?
This dynamic, new and interdisciplinary field, combining the principles of the life sciences, physical sciences (Physics, Chemistry and Materials), and engineering, seeks to develop biological substitutes for damaged tissues and organs. Using living cells, tissue engineers have already developed tissues such as skin, cartilage, blood vessels, bone and bone-scaffolds, liver and other organs.
Market analysts predict rapid growth of Tissue Engineering industry with substantial development potential. The biological cartilage repair market alone in the USA reached US$ 17.8 million in 2003. The European market for biological articular cartilage cell transplants grew at 32.9%.By 2008, patient demand on spine products will drive the market growth to more than US$ 500 million in the USA. In 2003, the European market for spinal implants reached € 200 million (Millenium Research Group, 2003).
3. When was co.don® AG founded?
4. How many patents does co.don® AG have?
co.don® follows the strategy of continuous establishment and expansion of a strategic portfolio of proprietary rights such as patents and trade marks.
co.don® has 7 issued patents and 39 patent applications which can be focused on 10 patent families. Furthermore, the company has 14 trademarks with 92 applications, 42 of them are registered.
5. What products does co.don® AG manufacture?
It holds the first manufacturing permit for autologous cartilage-cell transplants according to the German Drug Act as well as import licenses for Switzerland, Austria, Belgium, Iran and Singapore. More than 1200 patients have been treated with a success rate of more than 90%.
The efficacy of the product has been continuously proved through clinical studies and sufficient follow-up.
co.don chondrotransplant® DISC is the first autologous product worldwide designed as a nucleus replacement therapy for the regeneration of intervertebral discs following surgical treatments.
The product is approved according to the German Drug Act and certified according to Good Manufacturing Practice (GMP). It is used in the frame of Autologous Disc Chondrocyte Transplantation (ADCT), which is focused on the preservation and maintenance of both the neurological and mechanical function of spine.
co.don chondrosphere® is a patented product of the company, designed as a third generation of ACT, which holds a manufacturing permit in compliance with the German Drug Act.
The autologous three-dimensional articular cartilage cultivated outside the body contains a matrix formed by the cells and does not need any further foreign support materials.
It becomes actively and entirely integrated into degenerated articular cartilage allowing in the future a complete regenerative therapy for osteoarthritis.
co.don osteotransplant® DENT is the first commercially available autologous bone-cell transplant with the worldwide first manufacturing permit according to the German Drug Act.
Sinus Lift (oral and dental medicine) is considered to be a promising indication. The market for private patients in oral maxillofacial surgery is an attractive future indication the company is currently pursuing.
6. What are autologous cell transplants?
According to §§ 1 and 3 of the German Drug Act (AMG) drugs are: body parts, body components and metabolic products. Cell transplants belong to the latter category. The local Health Authorities classify autologous Tissue Engineered products as “cell-based” biological drugs.
As autologous products they cannot be manufactured in advance, but are manufactured after entry of a particular order. They cannot be stored, but are transported directly from the manufacturer to the application specialist. The cell transplants cannot be sterilized and the entire manufacturing procedure runs therefore in integrated isolators.
7. What advantages do co.don® products have compared to other competitors?
Our manufacturing process is termed strictly autologous. The high quality standard of the manufacturing is characterized by an aseptic area (grade A zone, cleanest conditions) in the integrated isolator technique (IIT).
Furthermore, co.don®’s platform technology is well suited to achieve our goal – providing the best cells on the market. All marketing and sales-related activities, even down to logistics such as shipment of products, are focused on achieving this clinical excellence, expected from our customers.
The most important guarantee for our success is not just the development of new marketable products, but also ongoing product refinement. Particular importance is attached to the continuous documentation of clinical results, further establishing the benchmarks of safety, efficacy and clinical durability.
8. How does co.don® AG protect its leading technology?
co.don® has numerous patents and licences for cell cultivation, cell surface coats, cell constructs, diagnostics, parts of the manufacturing plant and surgical instruments.
Moreover co.don® has applied for and partially received trademark protection for its different products.
9. What are the “Centers of Excellence”?
10. How many employees does the company have?
11. Where are the company’s shares traded?
12. What lies behind the name co.don®?
Genetic information of every cell is encoded in so-called codons in the genes.
A codon is a specific sequence of three consecutive nucleotides that forms part of the genetic code and that specifies a particular amino acid in a protein, or starts or stops protein synthesis.
13. How can you get the current annual/interim report?
All publications can be downloaded from the company’s website.
They can also be requested per email at ir@codon.de


