Kuros Biosciences further strengthens orthobiologics patent portfolio

Schlieren (Zurich), Switzerland, July 22, 2020 – Kuros Biosciences (SIX: KURN) today announced that its Dutch subsidiary, Kuros Biosciences BV, has been granted the European patent, EP 3268058, entitled ‘Osteoinductive composites’. This patent covers certain combinations of polymers and granular materials and further expands Kuros’s patent portfolio relating to its MagnetOs product line. Kuros has also received notice of allowance of a patent application from the same patent family in Japan.

Kuros has over 20 granted patents and more than 10 patents pending, specifically in the field of bone graft technologies, cementing their position as leaders of innovation in spinal orthobiologics. This granted patent further strengthens Kuros’s orthobiologics patent portfolio and is an important part of the intellectual property protection for the putty formulations of its MagnetOs product line.

MagnetOs Putty is a bone graft in which MagnetOs Granules are premixed with a polymeric binder that
facilitates application to simple and complex bony defects in the spine. After implantation, the polymeric binder in the putty is rapidly resorbed, leaving the granules of MagnetOs to guide the three-dimensional regeneration of bone.

Joost de Bruijn, Chief Executive Officer of Kuros, said: “Our mission at Kuros is to eliminate orthopedic nonunions in the spine and improve patient rehabilitation after back surgery. Granting of these patents furtherdemonstrates Kuros’s position as a leader in the field of orthobiologics with innovative spinal products. This intellectual property protection reinforces our strong progress in developing advanced and class leading products and optimizing commercial potential.”

Press release