EXTON, Pa., Nov. 7, 2011 /PRNewswire/ — Kensey Nash Corporation (Nasdaq: KNSY) today announced that it received a Small Business Innovation Research (SBIR) grant from the National Institutes of Health (NIH).
The NIH has awarded Kensey Nash Corporation a two-year, $1.9 million Phase II SBIR grant to further investigate the use of a bioadhesive surgical mesh for applications in tendon repair procedures. The Company will develop and evaluate the ability of its proprietary bioadhesive technology to augment standard sutured tendon repair. Ultimately, the use of a bioadhesive device for this surgical application is expected to create a stronger repair, thereby enhancing repair efficacy and improving patient outcomes…..
http://www.prnewswire.com/news-releases/kensey-nash-corporation-receives-19m-nih-grant-for-tendon-product-research-133351118.html