Biotech company gains patent for bladder system

URO-1 Inc., a biotechnology company based in Wake Forest Innovation Quarter, said Thursday it has gained a U.S. patent for its Repris bladder injection system.

It can be used to inject Botox, formally known as onabotulinumtoxinA, or an analog into the bladder wall to treat overactive bladder in women.

The most common symptom of overactive bladder is a sudden and frequent urge to urinate that one cannot control. It is considered one of the most under-diagnosed conditions worldwide.

A key element of the invention allows the physician to reach any target area of the bladder without causing significant patient discomfort. The company believes that this represents a fundamental platform with broad applicability, and in the longer range, will develop a family of minimally invasive treatment products for women and men’s pelvic health based upon the technology.

URO-1 was founded in 2004. Its specialty is developing and commercializing patented products for use in endoscopic medicine.

Ted Belleza is listed as president and chief executive of the company as well as a director.

TRU Taekwondo center opens in Bermuda Run

TRU Taekwondo has opened for business at 5289 U.S. 158 at the Tanglewood Crossing Shopping Center in Bermuda Run.

The martial art school offers martial arts instruction. It is co-owned by Philip Averett and Grand Master Martin Douglas, who owns two centers in Winston-Salem and one in Kernersville.

The Bermuda Run center will hold a free open house from 5 to 8 p.m. June 7. For more information, call 336-941 9871 or go to www.trukd.com.

Richard Craver

Greensboro industrial building sells for $3.1M

An Ohio industrial real-estate group has spent $3.1 million to purchase a nearly 10-acre site and industrial building at 811 Chimney Rock Court in Greensboro, according to a Guilford County Register of Deeds filing Wednesday.

The buyer is R.L.R. Investments LLC, an affiliate of R&L Carriers Inc. of Wilmington, Ohio. The seller is Wilson Trucking Corp. of Fishersville, Va.

The sale was completed Monday. The Class C building was constructed in 1979.

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Richard Craver

Richard Craver

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