Guest guest Posted February 18, 2006 Report Posted February 18, 2006 Successful Completion Evaluation And Validation Of Human Neural Crest Stem Cell Line - Stem Cell Research Institute, Inc http://www.medicalnewstoday.com/medicalnews.php?newsid= U.S. BioDefense (OTC Bulletin Board: UBDE) is pleased to announce today that it has successfully completed the evaluation and validation of its human neural crest stem cells as a part of its agreement with the University of British Columbia. Director of Research, Dr. Cyndi Chen, Ph.D. stated " This is exciting news for us and the medical community. The possibilities of developing neural crest stem cell therapies and treatments for a number of degenerative diseases give hopes to those who suffer from these debilitating diseases. " Having passed the initial validation phase, U.S. BioDefense, Inc. is now working toward a full licensing relationship and will begin pre- clinical analysis of how this cell line can be utilized. Currently, the company is considering investigating the stem cells applications in combating ALS and Parkinson's disease. U.S. BioDefense, Inc. joins StemCells, Inc. in the fight to find a therapeutic treatment for neurodegenerative diseases in the United States. On September of 2005, U.S. BioDefense, Inc. received its first stem cell line. The stem cell line is part of an option to license world patent application WO 03/054202 A1 and US patient application 5,958,767 entitled " Generation of Human Neural Crest Stem Cell Line and Its Utilization in Human Transplantation " and related applications with the University of British Columbia. The line was developed by Dr. Seung Kim and has potential applications in the development of therapeutic treatments for a variety of neurogenerative diseases. CEO Chin stated that, " We are pleased to announce to our shareholders the completion of the evaluation phase and look to move forward on completing the negotiation to acquire this amazing technology. Currently, the existence of immature multi-potent stem cells has been identified in the embryonic and adult human brain and several groups have generated stable, perpetual neural stem cell lines that were utilized for cell replacement or gene transfer therapies in animal models of human neurological disorders. To this end, we will continue our progress to investigate the potentials of these cells for future clinical prospects. " Quote
Recommended Posts
Join the conversation
You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.