Advanced Cell Technology, Inc. (OTC BB: ACTC) announced timetables for filing Investigational New Drug ("IND") applications for each of its key therapeutic programs which include its Retinal Pigment Epithelium ("RPE") Program, Hemangioblast Program and Dermal Program. Based on the Company's preclinical studies to date, the Company expects to file its initial IND application for its RPE Program for the treatment of macular degeneration in the second half of 2007. Additionally, the Company plans to file IND applications in 2008 for both its Hemangioblast and Dermal Programs. The Company is currently conducting preclinical studies for its Hemangioblast Program for the treatment of various cardiovascular diseases including heart disease, coronary artery disease and stroke, as well as ischemia of the eye and limbs. The Company's Dermal Program is focusing on surgical applications and wound repair. The Company bases these timetables on its preclinical studies to date, as well as its current plans for additional preclinical studies. While these timetables represent the Company's expectations for the filing of its IND applications, the Company recognizes that these timetables are dependent on the data generated in its future preclinical studies for each of its key therapeutic programs. The Company plans a series of informal and formal interactions with the FDA to further validate these timelines, initially for the RPE program.
