The invention provides for a method of preparing an isolated serum fraction of platelet rich fibrin (PRF), comprising the steps ofa. providing platelet rich plasma (PRP) without the addition of an anticoagulant;b. clotting the PRP to obtain a coagel of PRF; andc. separating the coagel to isolate the serum fraction which comprises an activated platelet releasate;and further provides for the isolated serum fraction obtained by such method, and its medical use.