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EXHIBIT 99.2
[BIODYNAMICS INTERNATIONAL, INC. LETTERHEAD]
NEWS RELEASE
RELEASE: Immediate NASDAQ: BDYN
CONTACT: Xxxxxx Xxxxxxxxx
(000) 000-0000 Ext. 238
BIODYNAMICS INTERNATIONAL AND MUSCULOSKELETAL TRANSPLANT
FOUNDATION SIGN DURA MATER RECOVERY AGREEMENT
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TAMPA, FLORIDA - (March 31, 1997) - Biodynamics International, Inc. today
announced that they have executed an agreement with the Musculoskeletal
Transplant Foundation (MTF), Edison, New Jersey, for the recovery of dura mater
tissue. Under the terms of the agreement, MTF recovery organizations will
commence the recovery of dura mater throughout the United States, following the
strict guidelines of the U.S. Food & Drug Administration (FDA) and the American
Association of Tissue Banks (AATB), effective immediately.
Biodynamics will process these tissues utilizing the Company's proprietary and
patented Tutoplast(R) process for distribution in the U.S. market.
Tutoplast(R) processed bioimplants have been used safely for over 25 years in
more than 750,000 patients. Many consider the Tutoplast(R) process as the
"gold standard" for the production of safe, high-quality bioimplants. Dura
mater is a regulated medical device with 510(k) clearance from the U.S. Food &
Drug Administration.
"The execution of this agreement with MTF, the largest tissue recovery
organization in the U.S., has the potential to greatly increase the supply of
Tutoplast(R) dura mater to the surgical community," Xxxx X. Xxxxxxx,
Biodynamics' CEO stated. "Tutoplast(R) dura mater has long been considered the
allograft of choice in neurosurgical applications for wound closure."
Biodynamics International, Inc. is a world leader in safe bioimplants for
tissue repair, with offices in Tampa, Florida and Erlangen, Germany, processing
and manufacturing facilities in Alachua, Florida and Neunkirchen, Germany and
worldwide distribution.
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