Ozics Holdings, Ltd. establishes global operational base in Belgium

HASSELT, Belgium - Nov. 16, 2015 - PRLog -- Ozics Holdings, Ltd. (www.ozicsholdings.com), a rapidly growing medical device company with high-strength, injectable, biocomposite technology intended to be used to improve the treatment of fragility fractures, is pleased to announce the opening of a branch office in the life sciences incubator BioVille with the goal to build a global manufacturing site for its products that are currently sourced from vendors.

BioVille is situated in Limburg, Belgium and offers innovative life sciences companies a dynamic and stimulating environment where entrepreneurs and scientists can develop and expand their ideas and technologies in order to accelerate the commercialization of medical innovations in Europe. BioVille provides state of the art laboratory and manufacturing facilities in combination with flexible financing modalities.

Dr Auvo Kaikkonen, President of Ozics, said, “Locate in Limburg and its partners convinced us to establish our global operational base in Limburg. Following our successful listings in Bermuda and Frankfurt, we are looking to continue to build momentum in our core business to improve the treatment of fragility fractures. Ensuring our products fulfill the highest manufacturing standards, building Centres of Excellence by collecting clinical supportive data from the world leading clinical institutions in the region will support our marketing goals to enable us to deliver the growth that we anticipate.”

About Ozics:

Ozics was founded to develop and commercialize novel, high-strength, injectable, biocomposites to improve the treatment of fragility fractures. Through collaborative partnerships, technology licensing, and internal research and development efforts, Ozics delivers innovative products that are less invasive, improve patient outcomes, and lower the cost of caring for patients with fragility fractures.

About BioVille:

BioVille is a full service incubator, located in Flanders, the heart of Europe with direct access to Belgium, the Netherlands, France, Germany and the UK. BioVille was created and is managed by the NV Life Sciences Development Campus - a company founded by the venture capital group LRM, the Provinciale Ontwikkelingsmaatschappij (POM) Limburg and the University of Hasselt, with the support of the European and Flemish governments and the Province of Limburg.

About Locate in Limburg:

Locate in Limburgis a non-profit organisation, part of the SALK initiative, with the purpose to attract foreign investments like Ozics to Limburg. The organization aims to be the single point of contact for foreign investments in Limburg. Locate in Limburg is supported by the Province of Limburg, Flanders Investment and Trade and Enterprise Flanders.