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Synthetic Blood and Virginia University sign licensing agreement

Synthetic Blood International and the Virginia Commonwealth University Tech Transfer have signed a license agreement allowing the company exclusive use of certain VCU discoveries.

The Virginia Commonwealth University (VCU) discoveries relate to non-pulmonary oxygenation, enhanced oxygen transport to tissue, and gas-based wound and tissue therapeutics.

Chris Stern, chairman and CEO of Synthetic Blood, said: “These licenses will allow our company to develop novel products with Oxycyte in combination with hydrogen peroxide. We believe these can be developed to be used in cardiopulmonary indications and for revolutionary wound treatment indications and devices.”