LEUVEN, BELGIUM and MADRID, SPAIN--(Marketwire - Mar 12, 2013) - TiGenix NV ( EURONEXT BRUSSELS : TIG ), the European leader in cell therapy, announced today that it was informed by the Spanish Health Authority that its innovative cartilage repair therapy ChondroCelect will obtain national reimbursement in Spain. "We are delighted with the decision of the Spanish health authorities to reimburse ChondroCelect, and look forward to working with Spanish orthopedic centers of excellence to routinely make this breakthrough therapy available to the right patients in Spain," said Eduardo Bravo, CEO of TiGenix. "After obtaining national reimbursement in the Netherlands last year, this constitutes another major step in improving patient access to this innovative therapy. We keep working to obtain national reimbursement in other European countries later this year." About TiGenix TiGenix NV ( EURONEXT BRUSSELS : TIG ) is a leading European cell therapy company with a marketed product for cartilage repair, ChondroCelect, and a strong pipeline with clinical stage allogeneic adult stem cell programs for the treatment of autoimmune and inflammatory diseases. TiGenix is based out of Leuven (Belgium) and has operations in Madrid (Spain), and Sittard-Geleen (the Netherlands). For more information please visit http://www.tigenix.com. About ChondroCelect ChondroCelect is … Continue reading
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