OSSTEM IMPLANT Completes Development of Synthetic Peptide

-- Developed Synthetic Peptide Material and Completed Patent Registration
-- Basis for Leading the 4th Generation Dental Implant Technology

OSSTEM IMPLANT announced on March 20 that it had completed the development and pre-clinical test of “Synthetic Peptide,” a new material that enhances the performance of dental implant.

The synthetic peptide is a bone-promoting protein; any implant surface-treated with this material will promote bone formation in gums with insufficient bone volume. Until recently, dentists have transplanted additional bone or inserted materials in the gum similar to the bone to place the implant when there is not enough bone.

"Once implants surface-treated with synthetic peptide are released, even patients with insufficient volume of gum bone will have no problem undergoing an implant operation that will drastically shorten the treatment period,” OSSTEM said.

Although other bone-promoting proteins are available, they are quite expensive; they also need to be stored at -5℃. In contrast, OSSTEM’s synthetic peptide can be stored at normal temperature. The company can also lower the cost to 1/1,000 that of existing products; thus easily commercializing the product. OSSTEM has already registered the patent for synthetic peptide in January.

According to OSSTEM IMPLANT, the clinical test will start in 2010, and the product will be released in 2012. "The release of the 4thgeneration technology will replace products capturing more than 50% of the world’s dental implant market, which is valued at KRW 4 trillion as of 2012," OSSTEM IMPLANT said.


Maeil Business Newspaper (Korea), March 20, 2009