Askel Healthcare to Present First Clinical Trial Results of Its COPLA® Knee Cartilage Implant at the 9th Joint Preservation Congress in Warsaw, Poland on June 14-15, 2024

Key Findings from the Pilot Trial Based on the Interim Report with the first 10 Subjects at the 6-Month Follow-Up: Key Findings from the Pilot Trial Based on the Interim Report with the first 10 Subjects at the 6-Month Follow-Up: "Cartilage defects are prevalent, particularly among athletes, and existing treatments are often unreliable. The initial results with COPLA® are impressive, showing promise for active patients by enabling early weight-bearing, swift rehabilitation, and a quick...

Key Findings from the Pilot Trial Based on the Interim Report with the first 10 Subjects at the 6-Month Follow-Up:

"Cartilage defects are prevalent, particularly among athletes, and existing treatments are often unreliable. The initial results with COPLA® are impressive, showing promise for active patients by enabling early weight-bearing, swift rehabilitation, and a quick return to activities. However, it is important to note that these outcomes are based on a very small patient sample." stated Dr. Teemu Paatela (MD), Chief Orthopaedic Surgeon and Director of Musculoskeletal Businesses at Terveystalo, Finland's largest private hospital chain. Dr. Paatela is the Coordinating Principal Investigator in the ongoing COPLA® Pilot Clinical Trial and a member of Askel's Clinical Advisory Board. He will present the Pilot Trial results at the Warsaw Joint Preservation Congress, which focuses on joint preservation and explores topics related to orthobiology, regenerative medicine, and innovative techniques in orthopedics, bringing together experts and researchers in these fields.

"One of the most rewarding aspects of the Pilot Trial were the comments we received from the patients implanted with COPLA®. Knee pain and movement limitations are very disabling for anyone, but even more for the physically active individuals who were the majority of the population in the Pilot Trial. Hearing their stories about returning to the sports or activities they love without pain or discomfort has been very rewarding." commented Petra Raatikka, Chief Clinical Officer at Askel Healthcare.

Askel's strategy involves collaboration with globally renowned orthopedic surgeons and sports medicine specialists in its clinical development. The company has established a prestigious Clinical Advisory Board (CAB) comprising internationally recognized experts in cartilage damage treatment. The CAB is chaired by Swedish professor Mats Brittberg (MD), an orthopedic surgeon and honorary member of the International Cartilage Regeneration and Joint Preservation Society (ICRS), and a leading researcher in knee cartilage repair.

In addition to Prof. Brittberg and Dr. Paatela, other esteemed members of Askel Healthcare's CAB include:

The company will now turn its focus towards an upcoming Pivotal Trial, for which preparations are well underway. Meanwhile, the Pilot Trial will continue to be closely monitored, with key milestones including the one-year results from the first ten patients expected by the end of this year, followed by the 12- and 24-month results from all 20 patients. The Pivotal Trial will aim to demonstrate the clinical benefits of COPLA® in a randomized trial that is designed to show superiority over current surgical standard treatments and will serve as a cornerstone for market authorizations in the US and EU. Patient recruitment is scheduled to begin in the first half of 2025, and Askel has appointed Dr. Konrad Slynarski (MD) as the Coordinating Principal Investigator. Dr. Slynarski is a distinguished member of the International Cartilage Regeneration and Joint Preservation Society (ICRS) as well as several other sports medicine and orthopedic societies. He is also a member of the Organizing and Scientific Committees for the Joint Preservation Congress in Warsaw.

The company announced the issuance of its first patent for COPLA® technology in April this year. The patent was validated as a Unitary Patent, which covers 17 EU-countries. In addition to this, the company has also extended its patent coverage to key markets including the United Kingdom, Spain, and Switzerland. This comprehensive approach ensures that Askel Healthcare's innovative technology is safeguarded in a total of 20 countries in Europe, laying a solid foundation for international growth and market penetration.

Additional information:

Askel Healthcare, Chief Clinical Officer, Petra Raatikka. Tel. +358 40 354 8482

Coordinating Investigator, MD, Teemu Paatela. Tel. +358 40 586 4429

About Askel Healthcare

Askel Healthcare is a Finnish medical technology company set to transform surgical knee cartilage treatment and recovery. Our mission is to keep people in motion through our universal COPLA® Cartilage implant, which is a ground-breaking innovation for the repair of knee cartilage defects. For more information, visit: www.askelhealthcare.com and https://youtu.be/RSZwLWwfwe8.

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