AOTI INC (AIM: AOTI), a medical technology group focused on durable wound healing and amputation prevention, announced that topical oxygen therapy has been included in updated National Institute for Health and Care Excellence (NICE) guidelines for diabetic foot problems. The guidance recommends its use as an adjunct treatment for ulcers not responding to standard care.
The update follows NICE's exceptional surveillance review of its diabetic foot prevention and management guideline and recognises the clinical value of AOTI's Topical Wound Oxygen (TWO2) therapy. The recommendation comes earlier than expected, enhancing the company's market position in the UK.
TWO2 therapy has also been added to NHS Supply Chain's Advanced Wound Care Framework, providing Trusts, Integrated Care Boards and community care organisations with a compliant procurement route. This enables AOTI to accelerate marketing and expand access to the therapy's clinically proven and cost-effective benefits.
While the development is not expected to materially affect financial results for the current year, it strengthens AOTI's growth prospects in the UK wound care market. Founded in 2006 and headquartered in Oceanside, California and Galway, Ireland, AOTI has secured regulatory approvals for TWO2 therapy across multiple markets, including the US, Europe, UK, Canada, China, Australia, Saudi Arabia and Germany.
Avant Technologies enters joint venture to advance stem cell-based diabetes treatments
Innovent and Ollin report progress in development of OLN324 (IBI324)
Alteogen secures European Commission approval for aflibercept biosimilar EYLUXVI
Eli Lilly and Company's orforglipron outperforms oral semaglutide in Phase 3 ACHIEVE-3 trial
Ascletis presents ASC30 study results at EASD Annual Meeting
Kodiak reports positive APEX data for KSI-101 in macular edema secondary to inflammation
Renalytix signs collaboration agreement with Tempus AI to expand KidneyIntelX.dkd access
Diamyd Medical secures Eurasian patent for insulin-based antigen therapy in type 1 diabetes
Novo Nordisk to streamline operations and reinvest in diabetes and obesity growth
NICE endorses AOTI's TWO2 therapy for diabetic foot ulcers
Advanz Pharma and Alvotech secure European approval for aflibercept biosimilar Mynzepli
OptiBiotix signs distribution deal with major weight management company
GoodRx partners with Novo Nordisk to offer Ozempic and Wegovy at USD499 per month
Ocular Therapeutix secures FDA special protocol assessment for AXPAXLI NPDR trial