Posts Tagged ‘stem cell research’

Stemedica Announces the Appointment of Dr. Lev Verkh as Chief Regulatory and Clinical Development Officer

June 1, 2010

Stemedica Cell Technologies, Inc., a leader in adult stem cell research and manufacturing, announced today the appointment of Lev Verkh, PhD as Chief Regulatory and Clinical Development Officer. Dr. Verkh will be responsible for managing all regulatory activities and clinical trials on behalf of the company. “Dr. Verkh brings over twenty years of international regulatory and clinical trial experience to Stemedica,” said Dr. Nikolai Tankovich, Stemedica’s President & Chief Medical Officer. “We are confident that his contribution to our mission to bring innovative products to patients, following FDA guidelines, will be significant.”

Dr Lev Verkh, PhD appointed as Chief Regulatory and Clinical Development Officer.

Dr Lev Verkh, PhD appointed as Chief Regulatory and Clinical Development Officer.
Originally uploaded by Stemedica

Dr. Verkh’s clinical and regulatory experience includes working for Pfizer, Baxter Bio Sciences, the Alliance Pharmaceutical Corporation and the Alpha Therapeutic Corporation. He has directed national and multi-national Phase I, II, III and IV clinical trials in such areas as cardiology, oncology, peripheral artery disease, hematology, blood disorders and imaging methods. He is author or co-author of over 40 peer-reviewed publications. Through his efforts and the efforts of his teams, he has received FDA approval for several products that are currently on the market. “I am honored to be joining Stemedica’s management team,” said Dr. Verkh, “and am excited to work with the company’s leading-edge stem cell technology.”

In addition to directing Stemedica’s clinical trials within the United States, Dr. Verkh will be assisting foreign regulatory agencies to establish guidelines for stem cell technologies in medicine. He will also assist in organizing and supervising clinical trials outside the United States utilizing Stemedica technology.

“With the rapid advancement of clinical application and development of adult stem cell technologies around the world, the addition of Dr. Verkh is essential to our long-term growth plan”, said Maynard Howe, PhD, Stemedica’s Chief Executive Officer. “Stemedica is working closely with government leaders, scientists and clinicians to establish and promote best scientific practices in the emerging field of stem cell research and therapy.”

About Stemedica Cell Technologies, Inc.
Stemedica Cell Technologies Inc. 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, cardiomyopathy, diabetic retinopathy and wound repair. Stemedica is headquartered in San Diego, California.

Media Contact for Stemedica: Dave McGuigan at dmcguigan@stemedica.com

FDA Approves Stemedica IND Application for Ischemic Stroke Clinical Trial

April 20, 2010

Stemedica Cell Technologies, Inc. (Stemedica), a world leader in stem cell research and manufacturing, announced that the U.S. Food and Drug Administration (FDA) approved its application for an Investigational New Drug (IND) for a clinical trial for ischemic stroke using Stemedica’s high potency proprietary allogeneic stem cells (adult human).

“The FDA acceptance of our IND application and the clinical protocol for usage of allogeneic mesenchymal bone marrow-derived stem cells in subjects with ischemic stroke is an important milestone for Stemedica in its development program,” said Nikolai Tankovich, MD, PhD, Stemedica’s President and Chief Medical Officer. “Currently, patients suffering from ischemic stroke have very limited treatment options. We hope that bringing this novel option to the medical community will help to alleviate the burden of a serious and disabling disease and will be valuable for both patients and their family members.”

The IND application approval allows Stemedica to initiate a planned clinical trial at medical centers within the United States. The clinical trial will be a Phase I/II dose escalation and safety clinical trial using allogeneic mesenchymal bone marrow cells administered intravenously to patients with ischemic stroke. The patient population will include individuals with significant functional or neurologic impairment related to the ischemic stroke that confines the subject to a wheelchair or requires the subject to have home nursing care or assistance with the general activities of daily living.

“This approval, along with the licensing of our cGMP manufacturing facility, are two important breakthroughs in our company’s evolution,” said Maynard Howe, PhD, Stemedica’s Vice Chairman & CEO. “It is a testament to the professionalism and focused persistence of our team.”

Stemedica is licensed by the State of California’s Department of Public Health, Food and Drug Branch to manufacture stem cells, drugs and biologic products for human clinical trials. The Company is compliant with both California law and the Code of Federal Regulations.

About Stemedica Cell Technologies

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.

For more information regarding this Media Release or Stemedica Cell Technologies, contact Dave McGuigan at dmcguigan@stemedica.com.

Stemedica Files IND Application with FDA for Treatment of Stroke with Adult Allogeneic Mesenchymal Stem Cells

March 18, 2010

(Source: March 19, 2010; Stemedica Cell Technologies, Inc.)

Stemedica Cell Technologies, Inc. (Stemedica), a world leader in stem cell research and manufacturing, announced that it has filed an Investigative New Drug (IND) application with the U.S. Food and Drug Administration (FDA) for a clinical trial. The trial will assess the safety, tolerability and efficacy of Stemedica’s high potency proprietary allogeneic mesenchymal bone marrow-derived stem cells (adult human) as a treatment for ischemic stroke.

The proposed clinical trial will be a Phase I/II dose escalation and safety clinical trial using allogeneic mesenchymal bone marrow cells administered intravenously to patients with ischemic stroke. The patient population will include individuals with significant functional or neurologic impairment related to the ischemic stroke that confines the subject to a wheelchair or requires the subject to have home nursing care or assistance with the general activities of daily living. The proposed trial will take place at medical centers within the United States.

“Stemedica achieved another milestone in its development program by moving from research to patient bedside to help people suffering from stroke,” said Nikolai Tankovich, MD, PhD, Stemedica’s President and Chief Medical Officer. “In addition to the official licensing of our manufacturing facility in San Diego, California, we have now established our own clinical trial pathway in compliance with FDA and FDB regulatory requirements. Stemedica’s goal is to receive regulatory approval of our mesenchymal stem cells for this clinical indication.”

“We are happy that Michael Levy, MD, PhD, Chief of Pediatric Neurosurgery at Rady Children’s Hospital of San Diego and Professor of Surgery at UCSD’s School of Medicine, will be the Principal Investigator leading our clinical trial,” said Maynard A. Howe, PhD, Vice Chairman and CEO, who added “Stemedica is committed to developing, manufacturing and distributing adult stem cells that have the potential to save, restore and improve lives. This mission is central to everything that Stemedica does and we are dedicated to executing this mission with great passion and scientific discipline.”

Stemedica was granted its license by the State of California’s Department of Public Health, Food and Drug Branch to manufacture stem cells for clinical trials in July, 2009. The Drug Manufacturing License grants Stemedica the right to manufacture clinical-grade (for human use) drug or biologic products and recognizes Stemedica as being compliant with California law and the applicable provisions of the Code of Federal Regulations.

About Stemedica Cell Technologies

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.

For more information regarding this Media Release or Stemedica Cell Technologies, contact Dave McGuigan at dmcguigan@stemedica.com.

Stemedica President Invited To Lecture At The University Of Oxford

November 12, 2009

Nikolai Tankovich, MD, Ph.D., President and Chief Medical Officer of Stemedica Cell Technologies, Inc. was invited to lecture at a multi-disciplinary seminar at the Centre for Science and Society at Trinity College, a constituent college of the University of Oxford, England. The seminar, which focused on current research and medical applications for stem cells, was attended by more than 300 professors and staff representing all facets of the University.

Dr Nikolai Tankovich speaks at Oxford University

Dr Nikolai Tankovich, President and Chief Medical Officer of Stemedica at the Centre for Science and Society at Trinity College, a constituent college of the University of Oxford, England

Dr. Tankovich gave a presentation to medical and business professionals on stem cell research and clinical applications entitled, “From Research Bench to Patient Treatment.” In his lecture, Dr. Tankovich presented detailed ideas and information on:

  • Novel pre-clinical and clinical research currently being conducted with stem cells.
  • Procedural standards on how stem cells must be properly sourced and manufactured in order to meet evolving legal and regulatory rules.
  • The regulatory requirements for cGMP facilities and licensed manufacturers.
  • Tests and studies that must be done prior to the implementation in clinical trials.
  • Types of governmental authorization required to begin clinical trials.
  • Business infrastructure requirements necessary to enter into clinical trials and beyond.

Dr. Tankovich also discussed Stemedica’s multinational collaboration efforts currently underway to bring stem cells from research laboratories to clinical trials on a worldwide basis.

“I was very proud to be invited to lecture at an institution as prominent as Oxford University’s Trinity College,” said Dr. Tankovich. “Significant contributions to stem cell research have been made by Oxford University scientists and clinicians and it was my honor to present the research, pre-clinical and clinical applications currently being advanced by Stemedica through our various development & manufacturing activities.”

Following Dr. Tankovich’s lecture, a number of positive discussions took place between Dr. Tankovich and those present regarding potential research collaborations between Oxford University and Stemedica. Numerous scientists, doctors, and teaching professors, having expressed a strong interest in knowing more about Stemedica’s research, stem cell & stem cell factors product line as well as Stemedica’s Business Model, were invited by Dr. Tankovich to visit Stemedica and its cGMP compliant, FDB (Food & Drug Branch) licensed manufacturing facility in San Diego, California.

Dr. Frank C. Schuller, Director of the Centre for Science and Society at Trinity College said, “Many members of various departments including, Physiology, Biology and the Medical School at John Radcliff Hospital were present and several were quoted as saying that they thought this was one of the premiere seminars on stem cells ever offered at Oxford. Based upon Dr. Tankovich’s presentation and the response that it received, Stemedica can look forward to several collaborative initiatives evolving with Oxford over the coming months. Finally, a number of the participants at the Seminar commented that Dr. Tankovich’s presentation will help them frame their own research in a more efficient and effective way as they proceed from bench top research to controlled clinical application. This is of great benefit to efforts taking place here at Oxford.”

About The Centre for Science and Society
The Centre for Science and Society addresses contemporary issues and problems resulting from emerging technologies that affect society and public policies.

About Stemedica Cell Technologies, Inc.
Stemedica is a specialty biopharmaceutical company that is committed to the development and manufacture of best-in-class adult stem cells for use by approved research institutions and hospitals for pre-clinical and clinical studies. Within the United States, the Company is currently developing regulatory pathways for stroke, traumatic brain injury and wound repair. Outside the United States, Stemedica provides its adult stem cells to hospitals and research centers that are conducting studies under protocols approved by the appropriate regulatory agencies. These studies are focused on the treatment of neurodegenerative disease, sight restoration and wound repair. Stemedica is based in San Diego, California

Media Contact for Stemedica: Dave McGuigan at dmcguigan@stemedica.com

United States Patent and Trademark Office Publishes Stemedica’s Patent Application for the Treatment of Diabetic Retinopathy

September 8, 2009

Stemedica Cell Technologies, Inc. USA, a world leader in stem cell research and manufacturing, has filed a patent application with the United States Patent and Trademark Office (“USPTO”) for a proprietary methodology in the treatment for Diabetic Retinopathy. The patent application was published by the USPTO on August 27th of this year. The application is supported by extensive data and results from patients treated within a Clinical Study conducted outside of the United States beginning in January of 2006.

“Our patent application describes a dynamic method for treating diabetic retinopathy and other degenerative conditions of the eye,” said Nikolai Tankovich, MD, PhD, Stemedica’s President and Chief Medical Officer. “The breakthrough results from this study provide new hope for the thousands of patients suffering from the debilitating disease of Diabetic Retinopathy.”

Stemedica’s invention relates to the use of multiple stem cells and a transplantation methodology in the treatment of Diabetic Retinopathy. Participating patients had varying degrees of Diabetic Retinopathy and Diabetic Optic Neuropathy. Patients received neural progenitor cells by retrobulbar injection and mesenchymal stem cells administered intravenously. Patients were observed at baseline and then after treatment at days 2, 8, 14, 30, 60, 90, and 120. Annual physical and ophthalmic examinations were conducted each year thereafter for a three year period.

Noticeable patient findings included: overall visual function improvements by all eight patients within sixty (60) days of treatment; reduction in absolute scotomas; increases in the thickness of the optic nerve fiber; resorption of hemorrhages; no new micro bleeding edema of the nerve fiber layer; and, a decrease in macular edema. Improvement in the function of different layers of the retina and optic nerve were experienced as well as a reduction in the number of scotomas in the field of vision. None of the patients developed tumors, had impaired vision or experienced adverse health effects connected with the cell injections, and seven of the eight participating patients have maintained the overall vision improvements they gained from treatment three years later.

Diabetic retinopathy is damage to the eye’s retina that occurs with long-term diabetes. It is a leading cause of adult blindness in the United States.

This patent application, Publication Number US2009/0214485 A1, is available for review via the USPTO at http://www.uspto.gov.

About Stemedica Cell Technologies, Inc. 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.

For more information regarding this Media Release or Stemedica Cell Technologies, contact Dave McGuigan at dmcguigan@stemedica.com.

The Jordanian Stem Cell Company Acquires Stem Cell Technology From Stemedica International SA – First Clinical Trail Anticipated To Begin Early 2010

September 7, 2009

Stemedica Cell Technologies, Inc., (“Stemedica”), a world leader in stem cell research and manufacturing, announced the signing of an agreement today for its breakthrough stem cell and related technology. The Jordanian Stem Cell Company has signed a five year multi-million dollar agreement to purchase the technology from Stemedica’s wholly-owned subsidiary, Stemedica International, S.A. The signing ceremony took place at the European Burns Association Congress in Lausanne, Switzerland.

The Jordanian Stem Cell Company and Stemedica International SA sign multi-year agreement

Mr. Sam Alkhass, CEO of The Jordanian Stem Cell Company and Dr. Frank Schuller, Chairman, Stemedica International SA sign multi-year agreement between the two companies.
Originally uploaded by Stemedica

“This is an important day for Stemedica International,” said Frank Schuller, PhD, Stemedica International’s Chairman. “This is a real testament to the quality and integrity of our products and the experience, dedication and professionalism of our team.” The signing ceremony was attended by Mr. Sam Alkhass, Chief Executive Officer of the Jordanian Stem Cell Company as well as several representatives from Stemedica, including Dr. Schuller; Mark Tager, MD, Executive for Stemedica’s Dermatological Operations; Alex Kharazi, MD, PhD, Stemedica’s Vice President for Research and Manufacturing; and, Riccardo Nisato, MBA, PhD, Director of Manufacturing and Business Development, Stemedica International S.A.

“We are delighted to be working with Stemedica International,” said Sam Alkhass. “Jordan has an excellent reputation as a provider of innovative and quality-driven medical treatment. It was fundamental to our company’s future, and Jordan’s reputation, that we find the best possible partner within the stem cell industry. We believe we have accomplished this objective by securing a long-term exclusive relationship with Stemedica International.” Headquartered in Amman, The Jordanian Stem Cell Company is Chaired by His Royal Highness, Prince Asem Bin Nayef.

“We would like to thank the Jordanian Stem Cell Company and its Chairman, His Royal Highness, Prince Asem Bin Nayef for their vision and long-term commitment in bringing adult stem technology to Jordan,” said Roger J. Howe, PhD, Chief Executive Officer for Stemedica International and Executive Chairman for Stemedica. “Our working relationship will not only provide significant medical advancements in treating the Citizens of Jordan, but will allow the country to continue to build on its growing reputation as a, “Center of Medical Excellence” for the entire region. We have a quality partner in The Jordanian Stem Cell Company and in the Country of Jordan and we look forward to growing these relationships.”

“Stemedica International will be providing our state-of-the-art stem cell technology to the Jordanian Stem Cell Company and will actively support their development and implementation of a Clinical Trial for burns,” said Nikolai Tankovich, MD, PhD, Stemedica’s President and Chief Medical Officer and Vice Chairman of Stemedica International. “We will work closely with the leadership of the Jordanian Stem Cell Company to secure all necessary governmental approvals for the Clinical Trial. The Trial is anticipated to begin sometime in the first quarter of 2010.”

Stemedica International S.A. is a Lausanne, Switzerland-based, wholly owned subsidiary of Stemedica Cell Technologies, Inc. headquartered in San Diego, California. Stemedica is a developer and manufacturer of clinical grade stem cell products and is licensed by the State of California Food and Drug Branch.

About Stemedica Cell Technologies

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.

For more information regarding this Media Release or Stemedica Cell Technologies, contact Dave McGuigan at dmcguigan@stemedica.com.

Stemedica Medical Team Cautions Patients About Stem Cell Therapy & Comments on PLoS Medicine Article

February 27, 2009

SAN DIEGO, California.  (February 27, 2009) Stemedica Cell Technologies, Inc. (“Stemedica”) provided its observations and comments to the media regarding the PLoS Medicine article published online February 17, 2009.  The PLoS Medicine article describes a patient who developed “brain tumors” (glioneuronal neoplasms) after undergoing repeated transplants of “fetal neural stem cells” in Russia starting in 2001.

“All of us at Stemedica would like to extend our condolences to the young patient involved in this situation and our hope is for a speedy and positive outcome to this unfortunate experience.  Never before have we or any of our Principal Investigators ever encountered such an occurrence either in our own research or in any of the published research”, said Dr. David Howe, Stemedica’s Vice President and Medical Director. 

“We want to use this unfortunate incident to warn those seeking stem cell therapy abroad,” warns Dr. Nikolai Tankovich, President & Chief Medical Officer of Stemedica, “to make certain that the manufacturer of the stem cells used in transplantation comply with the rigid standards that have been established by the FDA and other Internationally-recognized regulatory agencies.  The future of this industry and the safety of all future patients depend on such adherence.”  FDA Compliance and Surveillance Standards can be referenced by visiting www.fda.gov/cber/compliance.htm.

The report in PLoS, Donor-Derived Brain Tumor Following Neural Stem Cell Transplantation in an Ataxia Telangiectasia Patient, describes the development of multifocal glioneuronal neoplasms along the spinal nerves and brain stem in a 13-year-old patient who underwent repeated transplantation procedures in an attempt to treat ataxia-telangiectasia (A-T). A-T is a progressive neurodegenerative disorder known to have an increased risk of developing cancer. 

Malignancy and neoplasia are common in A-T secondary to deficient cellular and humoral immunity.  This immune deficiency is a contra-indication to stem cell transplant therapy.  In addition, the mutations associated with A-T in the A-T mutation gene lead to mutations in nuclear protein, which normally repairs DNA.  This loss of DNA repair combined with immune deficiency in A-T increases risk of neoplasia with and without cellular transplant therapy in A-T.

“Due to age, children and adolescents have significantly increased quantities of growth factors. Adding stem cells, known for their growth factor production capabilities, to a child with this presenting condition may have been a contributing factor. As in the administration of pharmaceuticals, many of which are not recommended for use in children and adolescents in the same way as in treating adults, great care must be taken in using stem cell therapy with this population of patients”, said Dr. Michael Bayer, Stemedica’s Director of Medical Services. 

Based on the facts and references cited within the PLoS Medicine article, researchers have discovered that some of the cells were female and had two copies of the gene that causes A-T.  Karyotype testing was reported in this case which confirms inadequate testing of the stem cells prior to transplantation.  “The stem cell preparation protocol provided to the parents by the treatment team was reviewed and found to be inadequate by our standards”, said Dr. Howe.  “No cell characteristics, cell markers or bio-safety data was present. Mechanical desegregation in the 8-12 week age fetus is not recommended. Enzymatic separation is preferred, a process that also removes any dead cells that may be present.  There is also a significant lack of detail on the number of cell passages as well as the dispersion of the neurospheres”, Dr. Howe went on to say.

Dr. Alex Kharazi, Stemedica’s Vice President for Manufacturing & Research observed, “Limited cell culturing in only 12-16 days as described in their protocol is like using a crude primary culture of cells. There are numerous risks associated with using crude cell preparations that have not been subjected to rigid manufacturing and testing protocols such as purity, identity and potency. In addition, the antibiotics used to manufacture the stem cells, are potentially neurotoxic.”  Dr. Kharazi went on to say, “Overall the description provided for the manufacturing protocol was vague and a poor example of what a well thought out manufacturing and safety-driven process should be.  For example, there was no data provided relating to tumorgenicity, toxicity, or bio-distribution testing of the manufactured cells in nude mice which is a mandatory requirement as a first and critical step to assessing cell safety.”

“Stemedica is committed to a manufacturing process that puts safety first at all times.  Our stem cell product lines go through extensive testing during several stages of the manufacturing process and are also subjected to in-depth pre-clinical studies before filing with the FDA and other regulatory agencies for clinical trials”, continued Dr. Kharazi. “Nothing is more important than the welfare of the patient and there is no explanation that can justify any deviance from compliance to FDA guidelines for the manufacturing and testing of stem cells prior to administration.  These are the guidelines we follow and any patient considering stem cell therapy, at any location worldwide, should confirm that the manufacturer is in full compliance before they decide to undergo stem cell transplantation.” warns Dr. Kharazi.

About Stemedica Technologies, Inc.
Stemedica Cell Technologies Inc. (www.stemedica.com) is a specialty biopharmaceutical company that is committed to the development and manufacture of best-in-class adult stem cells for use by approved research institutions and hospitals for pre-clinical and clinical studies.  Stemdedica complies with the standards and guidelines established by the FDA and the FDB (Food and Drug Board) in the manufacturing and testing of its stem cells. Within the United States, the Company is currently developing regulatory pathways for stroke, traumatic brain injury and wound repair. Outside the United States, Stemedica provides its adult stem cells to hospitals and research centers that are conducting studies under protocols approved by the appropriate regulatory agencies. These studies are focused on the treatment of neurodegenerative diseases, sight restoration and wound repair.  Stemedica is based in San Diego, California.

Stemedica Advances its Certification to Become a Licensed Manufacturer of Adult Stem Cells for U.S. Based Clinical Trials

February 25, 2009

San Diego, CA (Stemedica) Feb 25, 2009 – Stemedica Cell Technologies, Inc. announced today that it has filed with the Food and Drug Branch of the State of California’s Department of Public Health for certification as a licensed manufacturer of adult stem cells for U.S.-based Phase I and Phase II Clinical Trials. Readiness for manufacture includes obtaining a California Drug Manufacturing License for the Stemedica facility in San Diego, California.

“Completion of this certification will allow us to manufacture stem cells under contract for clinical trials for Stemedica as well as for other companies and research centers in California and across the United States. This marks a significant milestone along the journey toward the future availability of stem cell treatment for patients who so urgently need it,” said Dr. Maynard Howe, Vice Chairman and CEO at Stemedica.

To prepare for inspection, Stemedica fully reconstructed its facility according to FDA requirements, which had previously focused on research and development. Stemedica’s manufacturing facility now includes a fully compliant manufacturing wing with entry-level gowning rooms, two ISO class 8 sterile gowning suites, an ISO Class 7 Manufacturing Clean Room, an ISO Class 7 Processing Clean Room, a Good Manufacturing Process compliant materials warehouse and a controlled-access Quality Control testing laboratory.

“As soon as Stemedica secures its license from the State of California’s Department of Public Health, we plan on filing for one or more IND’s (Investigative New Drug) for specific indications with the FDA using our proprietary technology. The final major step by the Food and Drug Branch within the Department of Public Health is an in-depth, in-person inspection by their personnel. We’re particularly proud of the fact that we are ready for, and capable of, seeking licensing in California, which has exceptionally stringent standards,” said Dr. Alex Kharazi, Vice President, Research & Manufacturing at Stemedica.

“Becoming a Licensed Manufacturer of clinical grade adult stem cells is a significant scientific and medical step forward for the Company,” said Dr. Nikolai Tankovich, Stemedica’s President and Chief Medical Officer. “Securing this status will allow us to become a primary CMO (Contract Manufacturing Organization) for other for-profit companies and the many research organizations interested in advancing stem cell research through clinical application. Additionally, achieving this regulatory status within the manufacturing world will provide Stemedica with the foundation to advance its own Phase I and Phase II Clinical Studies once approved by the FDA.”

About Stemedica Technologies, Inc.
Stemedica Cell Technologies Inc. (http://www.stemedica.com) is a specialty biopharmaceutical company that is committed to the development and manufacture of best-in-class adult stem cells for use by approved research institutions and hospitals for pre-clinical and clinical studies. Within the United States, the Company is currently developing regulatory pathways for stroke, traumatic brain injury and wound repair. Outside the United States, Stemedica provides its adult stem cells to hospitals and research centers that are conducting studies under protocols approved by the appropriate regulatory agencies. These studies are focused on the treatment of neurodegenerative disease, sight restoration and wound repair. Stemedica is based in San Diego, California.

Stemedica appoints Riccardo Nisato, MBA, PhD, as Director of Manufacturing and Clinical Business Development of Stemedica International

February 13, 2009

Stemedica Cell Technologies, Inc., a leader in adult stem cell development, today announces that it has appointed Riccardo Nisato, MBA, PhD, as Director of Manufacturing and Clinical Business Development of Stemedica International, CH. Dr. Nisato will be responsible for replicating Stemedica’s U.S. based operations to Stemedica’s International’s center based in Lausanne, Switzerland.

A respected biologist, project leader and business consultant in the medical technology field, Dr. Nisato’s specialty is the development of strategic options for cell therapy manufacturing that complies with Swiss Medic standards for Good Manufacturing Practice (GMP) in Switzerland. Dr. Nisato has a Master in Pharmacology from the University Paris V, a Ph.D. in Biology from the University of Geneva and an MBA in the Management of Technology from École Polytechnique Fédérale de Lausanne (EPFL), Lausanne, Switzerland.

“We are delighted to add Dr. Nisato to our Stemedica International team. Our plans to serve Clinical Research Centers outside the United States with in-depth stem cell research, product development, manufacturing and Master Bank product capabilities will be significantly advanced by Dr. Nisato’s leadership and experience. His expertise in the cell manufacturing processes, including his intimate interaction with researchers and clinicians involved in Phase I, Phase II studies and approved treatments derived from fetal and adult cells, combined with his years of consulting for medical technology companies will provide invaluable direction for our international development strategy,” said Roger Howe, Chairman and CFO at Stemedica.

“The prospect that Stemedica International represents for establishing regulatory-approved clinical trials at high-accredited treatment facilities around the world, leading to successful treatment for patients with debilitating conditions, is an invigorating opportunity for me at this point in my career. I have been fortunate to extensively collaborate with researchers and surgeons involved in cell-based clinical trials and approved therapies for skin burn treatments for children and adults, so I am intimately aware of the difference that Stemedica International will make in the future. It’s an honor to be in at ground level, working to build Stemedica into a worldwide leader in the adult stem cell industry,” said Dr. Nisato.

Dr. Nisato will report to Dr. Alex Kharazi, Vice President, Research & Manufacturing for Stemedica International’s partner organization, Stemedica Cell Technologies and to Dr. Nikolai Tankovich, Chairman of Stemedica International and President and Medical Officer of Stemedica Cell Technologies.

“Dr. Nisato has the perfect combination of medical knowledge in pharmacology and cell biology as well as with medically-oriented business development that makes him the perfect choice for this significant new role. We are very fortunate to have attracted his interest and to have brought about this significant appointment. I am excited about extending our solid U.S. work to Europe under Dr. Nisato’s strategic oversight,” said Dr. Tankovich.

As posted to PRlog & PRWeb & Stemedica.com

Stemedica Announces the Appointment of Dr. Michael Bayer as Director, Medical Services

January 30, 2009

San Diego, CA — Stemedica Cell Technologies, Inc., a leader in adult stem cell production, announced today the appointment of Michael Bayer, MD, as Director, Medical Services. Dr. Bayer will be responsible for developing pre-clinical and clinical trial protocols for use by research centers conducting pre-clinical and clinical trials using Stemedica products.

An Orthopedic Surgeon and Clinician, Dr. Bayer’s specialty is Translational Medicine – taking laboratory research and results and applying them in new patient treatments. World renowned for inventing an arthroscopic surgical technique for repairing rotator cuff injuries, Dr. Bayer has worked with major clinical research institutions and physicians around the world to bring new technology safely and successfully into the medical marketplace.

Dr. Bayer’s new role at Stemedica was warmly welcomed by Dr. Nikolai Tankovich, President, Chief Medical Officer of Stemedica. “I am very impressed with Dr. Bayer’s long track record of translating laboratory results to practical surgery and treatments. Dr. Bayer is a brilliant surgeon and clinician and we feel very fortunate to have attracted his interest and to have brought about this significant appointment. I am looking forward to working with him to advance our work,” said Dr. Tankovich.

For the past year, Dr. Bayer has been involved in a Fellowship Study Program with Dr. Nikolay Mironov, the world’s foremost adult stem cell clinician, and with Dr. Alex Kharazi, Stemedica’s Vice President – R&D and Manufacturing.

“My interest in Stemedica and their technology quickly deepened when I became aware of the difference that treatments were having on the quality of life for patients participating in clinical trials. After a year of study and interaction with Drs. Mironov and Kharazi, I believe I have as strong a knowledge of stem cell effects in research and medical applications. I was so inspired by what I had learned and witnessed first hand from clinical outcomes of patients participating in overseas clinical studies that I asked Stemedica if there was any way I could support the company with my translational knowledge and experience. In my new role, I know I will be making a difference in a very important and evolving area of medicine. That really matters to me,” said Dr. Michael Bayer.

“We realized from the first day we met Dr. Bayer that he had the experience in medical technology innovation and in translational medicine that would be valuable to a company like ours. After his fellowship with Drs. Mironov and Kharazi we knew he had the commitment and first hand knowledge to support the ongoing development of our pre-clinical and clinical trials treatment protocols. We created the role for Dr. Bayer based on his interest in working with us and his desire to impact the quality of life possibilities for no-option patients. Stemedica is delighted to have Dr. Bayer join our team,” said Maynard Howe, CEO and Vice Chairman at Stemedica.

In addition to his professional work, Dr. Bayer co-founded “The Free Wheelchair Mission”, a non-profit that has delivered wheel chairs to over 370,000 people in some of the poorest countries worldwide. (www.freewheelchairmission.org)

About Stemedica Cell Technologies, Inc.

Stemedica Cell Technologies Inc. (http://www.stemedica.com) is a specialty biopharmaceutical company that is committed to the development and manufacture of best-in-class adult stem cells for use by approved research institutions and hospitals for pre-clinical and clinical studies. Within the United States, the Company is currently developing regulatory pathways for stroke, traumatic brain injury and wound repair. Outside the United States, Stemedica provides its adult stem cells to hospitals and research centers that are conducting studies under protocols approved by appropriate regulatory agencies. These studies are focused on the treatment of neurodegenerative disease, sight restoration and wound repair. Stemedica is headquartered in San Diego, California.

From more information regarding Stemedica Cell Technologies or the Dr. Michael Bayer appointment, contact Dave McGuigan at dmcguigan (at) stemedica (dot) com.

As posted to PRlog & PRWeb & Stemedica.com


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