News
Neues vom BioCity Campus

Mexico’s ambassador visits CO.DON AG

Teltow / Leipzig, December 08, 2021  – As part of his inauguration, His Excellency Mr. Francisco Quiroga, Ambassador of the United States of Mexico in Germany, accompanied by the Honorary Consul of the United States of Mexico in Saxony, Dr. Joachim Lamla, as well as Oliver Contla, Head of the Economic Section of the Mexican Embassy and Florentino Cabrera, Head of the Tourism Promotion Section, visited the city of Leipzig and BIO CITY. Here they gained insight into various companies represented at the site, including CO.DON AG.

Mr. Bur, a member of the company’s board of directors, introduced the company and, during a guided tour, provided insight into the production facility for manufacturing the EU-approved drug. The politicians were impressed by the innovative process and the production laboratories of CO.DON AG.

The CO.DON AG Executive Board sees great potential for the innovative therapy options in North America as well, within the framework of the company’s licensing activities outside Europe. Mexico is the most important and most diversified industrial location in the American economic area after the USA. Bauerfeind AG, an anchor investor of CO.DON AG, has already been successfully active here for several years.

CO.DON AG develops, produces and markets autologous cell therapies for the minimally invasive repair of cartilage defects. The drug offered is a cell therapy product for the minimally invasive treatment of cartilage damage to the knee joint using only autologous cartilage cells. The method offered by CO.DON is currently used in over 200 clinics in Germany and has already been used in over 17,000 patients. In July 2017, CO.DON received EU-wide approval for this drug, and in March 2019, approval for Switzerland. At its Leipzig site, CO.DON built one of the largest facilities for the production of human cells on an industrial scale for in-house and contract production. CO.DON AG shares are listed on the Frankfurt Stock Exchange (ISIN: DE000A3E5C08). Management Board of the Company: Tilmann Bur, Dr. Achim Simons.

 

contact:

Matthias Meißner
Director Corporate Communications

Investor Relations / Public Relations
T: +49 (0)341 99190 330
F: +49 (0)341 99190 309
E: ir@codon.de

 

Source: press release www.codon.de from 08.12.2021


Previous News

European Social Fund: 673 million for the promotion of bright minds

Of the 673 million euros available to Saxony in the 2014 to 2020 funding period under the European Social Fund (ESF), more than 97 percent has now been approved. Almost 40,000 projects have been funded across the state.

Next News

Innovation survey of the Industrie- und Handelskammer (IHK) to Leipzig

In the coming years, the Central German mining region will undergo massive structural change as a result of the lignite phase-out, which can only be successfully managed by expanding research and innovation activities.