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Stemedica Cell Technologies, Inc. Selected by World Stem Cell Summit to Present Scientific Discoveries


8/27/2009 8:25:46 AM

SAN DIEGO, Aug. 27 /PRNewswire/ -- Stemedica Cell Technologies , Inc., ("Stemedica"), a world leader in stem cell research and manufacturing (a licensed manufacturer of clinical grade biological products as licensed by the State of California Food and Drug Branch) continues to advance the stem cell industry with the presentation of two of its latest scientific discoveries at the 2009 World Stem Cell Summit. "We are honored to have the work of our scientific research team selected for presentation at this year's Summit. This work is expected to increase the efficacy and significantly reduce the time and cost in bringing important research from the bench top to clinical application," said Nikolai Tankovich, MD, PhD, Stemedica's President and Chief Medical Officer.

"The currently used process for assessing the in vivo potency of neural stem cells in newborn mice is extremely time consuming and expensive. This traditional process also involves the use and sacrifice of animals in facilities separate from manufacturing. Stemedica's discovery and patent pending technology eliminates the need for animals and replaces this arduous process with a significantly more effective and efficacious model. This model can be deployed within laboratory environment and the evaluation results can be attained in less than two weeks instead of the two to four months using traditional animal testing models," said Alex Kharazi, MD, PhD, Stemedica's Vice President of Research and Manufacturing.

"Current technology for the treatment of burns, chronic wounds and diabetic ulcers is extremely expensive, time consuming and lacking in efficacy. Dr. Ludmila Kharazi's finding suggests that using long term cultivated keratinocyte precursor cells may result in reducing the time of healing while lowering the overall treatment cost. As Stemedica continues to make great advancements in products that can treat burns, chronic wounds and diabetic ulcers, Dr. Ludmila Kharazi's work is pivotal in providing the Company with advancements that will make our products, and ultimately patient treatment results, the best the industry has to offer," said Dr. Tankovich. This finding compliments Stemedica's existing proprietary burn and wound care product currently in clinical trials in Switzerland.

Licensing of the Stemedica's Neural Stem Cell Evaluation Model Intellectual Property is available to a select number of companies. Additionally, Stemedica is prepared to accept a limited number of projects where the Company's scientific team conducts the neural stem cell potency evaluation.

Stemedica Cell Technologies Inc. (www.stemedica.com) is a specialty biopharmaceutical company that is committed to the development and manufacturing of best-in-class adult stem cells and stem cell factors for use by approved research institutions and hospitals for pre-clinical and human clinical trials. The company is currently developing regulatory pathways for stroke and wound repair. Stemedica is headquartered in San Diego, California.

SOURCE Stemedica Cell Technologies, Inc.

CONTACT: Dave McGuigan of Stemedica Cell Technologies Inc.,
+1-949-387-4862, dmcguigan (at)stemedica.com

Web site: http://www.stemedica.com/



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