International Stem Cell Corporation and Insight Bioventures Seek to Establish Indian Operations

OCEANSIDE, Calif. & HYDERABAD, India--(BUSINESS WIRE)--International Stem Cell Corporation (OTCBB: ISCO), www.internationalstemcell.com, and Insight Bioventures India Private Limited (IBVI), (www.insightbioventures.in) announced today that they have signed a letter of intent concerning funding and establishment of an Indian affiliate of ISCO (ISCO India). The goal is to establish world-class development and manufacturing operations for ISCO’s research and pharmaceutical products in India, including its Lifeline Cell Technology® research products and human corneal tissue, CytoCor™, for treatment of corneal vision impairment and testing of chemicals.