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US ban on Biora Products costs Straumann 10 million Swiss Francs 

Posted by:Editor on Monday June 11th, 2007  

The continuing FDA ban on importation of Biora`s Emdogain and Bone Substitute has cost parent company Straumann 10 million Swiss francs (8.14 million US$). Straumann chief executive Gilbert Achermann described the loss as `painful`. He furthermore stated that `The US FDA will reinspect our facility in Malmo, but we are not in a position to say when this will happen, If all goes well`, Biora products `could be reintroduced in the US in the first quarter of this year,` Additionally, `According to Achermann, the resumption of the company`s exports to the US depends on the results of an ongoing investigation by US authorities which could last several months.`

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