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Cell-based Cancer Immunotherapies. Some metrics..
Posted: May 20, 2012 at 3:57 pm
Whatever one makes of Dendreon's challenges in bringing Provenge to market and then its ups and downs in the market, the whole affair has brought a much bigger spotlight to cancer immunotherapies and cell-based immunotherapies in particular.
This is true on all fronts. Cancer immunotherapy conferences are popping up everywhere. A growing number of of analysts are now covering a growing number of companies in the space with coverage ranging from bearishly critical to ebullient bullishness. Some venture capital firms are now loosening their purse strings for immunotherapy plays and both pharma venture funds and business development departments are now spending an increasing amount of time actively monitoring and exploring potential plays in the sector.
One of the best annual industry summaries of what is happening in the sector is sponsored by MD Becker Partners through its annual Cancer Immunotherapy: A Long Awaited Reality conference held each in New York, this year on October 4 and select video replays it hosts on its YouTube channel.
Some Segment Metrics
As part of our ongoing industry intelligence and consulting services we actively track the activity and progress of industry-sponsored clinical trials of all cell therapies in addition to the products already on the market. Here's how our data stacks up regarding the cell-based immunotherapies segment of the sector:
Commercial:
- Dendreon's Provenge
- Autologous immunotherapy for prostate cancer (1 monthly dose for 3 months)
- Efficacy: prolongs survival
- Markets: only the United States (approved April 2010)
- Next markets: submitted the marketing authorisation application to the EMA (European Medicines Agency) in early 2012 and hopes to introduce Provenge in the European market in 2013
- 2011 Revenue $290,000
- Projected 2012 Revenue: ~$380,000
Phase III or II/III:
- Argos Therapeutics' AGS-003
- phase III trial not yet recruiting
- Indication: advanced renal cell carcinoma
- Estimated enrollment: 450
- Estimated primary completion: June 2014
- Cell Medica's Adoptive Cellular Therapy (ACT)
- phase III trial actively recruiting
- Indication: cytomegalovirus infection following allogeneic stem cell transplantion
- Estimated enrollment: 90
- Estimated primary completion: June 2013
- JW Creagene's CreaVax-RCC
- phase III trial actively recruiting
- Indication: metastatic renal cell carcinoma
- Estimated enrollment: 54
- Estimated primary completion: unknown
- Kiadis Pharma's alloreactive T-cells (ATIR)
- phase II/III trial currently suspended
- Indication: infections and relapse assoc’d w/ SCT for leukemia and other hematologic malignancies
- Estimated enrollment: 70
- Estimated primary completion: TBD
- MolMed's TK
- phase III trial actively recruiting
- Indication: acute leukemia
- Estimated enrollment: 170
- Estimated primary completion: January 2014
- Newlink Genetics' HyperAcute®-Pancreas (algenpantucel-L)
- phase III trial actively recruiting
- Indication: pancreatic cancer
- Estimated enrollment: 722
- Estimated primary completion: January 2014
- NovaRx's Lucanix
- phase III trial actively recruiting
- Indication: non-small cell lung cancer
- Estimated enrollment: 506
- Estimated primary completion: June 2012
- PrimaBioMed's Cvac
- phase II/III trial actively recruiting
- Indication: epithelial ovarian cancer
- Estimated enrollment: 1,000
- Estimated primary completion: March 2015
Phase II or I/II
- 50 industry-sponsored clinical trials of cell-based immunotherapies actively recruiting, active no longer recruiting, active not yet recruiting, or anticipated to commence yet in 2012
- ~10 of these are expected to have readouts yet this year
- Trial sites in US, Canada, UK, continental Europe, Israel, South Korea, India, Australia
- Expected enrollment of 3,500+
Investment:
The following are notable cash infusions into the sector for 2012 to-date:
- Bellicum Pharmaceuticals. $20M series B.
- CellMedica. $15M grant from CPRIT in Texas.
- Argos Therapeutcs. $25M Series D.
- Northwest Bio. $5.5M grant from German gov't Saxony Development Bank
Hope this is useful.
--
-- Lee @celltherapy
p.s. As always we welcome your feedback, comments, and corrections.
Posted in Regenerative Medicine
Comments Off on Cell-based Cancer Immunotherapies. Some metrics..
Cell-based Cancer Immunotherapies. Some metrics..
Posted: May 20, 2012 at 3:56 pm
Whatever one makes of Dendreon's challenges in bringing Provenge to market and then its ups and downs in the market, the whole affair has brought a much bigger spotlight to cancer immunotherapies and cell-based immunotherapies in particular.
This is true on all fronts. Cancer immunotherapy conferences are popping up everywhere. A growing number of of analysts are now covering a growing number of companies in the space with coverage ranging from bearishly critical to ebullient bullishness. Some venture capital firms are now loosening their purse strings for immunotherapy plays and both pharma venture funds and business development departments are now spending an increasing amount of time actively monitoring and exploring potential plays in the sector.
One of the best annual industry summaries of what is happening in the sector is sponsored by MD Becker Partners through its annual Cancer Immunotherapy: A Long Awaited Reality conference held each in New York, this year on October 4 and select video replays it hosts on its YouTube channel.
Some Segment Metrics
As part of our ongoing industry intelligence and consulting services we actively track the activity and progress of industry-sponsored clinical trials of all cell therapies in addition to the products already on the market. Here's how our data stacks up regarding the cell-based immunotherapies segment of the sector:
Commercial:
- Dendreon's Provenge
- Autologous immunotherapy for prostate cancer (1 monthly dose for 3 months)
- Efficacy: prolongs survival
- Markets: only the United States (approved April 2010)
- Next markets: submitted the marketing authorisation application to the EMA (European Medicines Agency) in early 2012 and hopes to introduce Provenge in the European market in 2013
- 2011 Revenue $290,000
- Projected 2012 Revenue: ~$380,000
Phase III or II/III:
- Argos Therapeutics' AGS-003
- phase III trial not yet recruiting
- Indication: advanced renal cell carcinoma
- Estimated enrollment: 450
- Estimated primary completion: June 2014
- Cell Medica's Adoptive Cellular Therapy (ACT)
- phase III trial actively recruiting
- Indication: cytomegalovirus infection following allogeneic stem cell transplantion
- Estimated enrollment: 90
- Estimated primary completion: June 2013
- JW Creagene's CreaVax-RCC
- phase III trial actively recruiting
- Indication: metastatic renal cell carcinoma
- Estimated enrollment: 54
- Estimated primary completion: unknown
- Kiadis Pharma's alloreactive T-cells (ATIR)
- phase II/III trial currently suspended
- Indication: infections and relapse assoc’d w/ SCT for leukemia and other hematologic malignancies
- Estimated enrollment: 70
- Estimated primary completion: TBD
- MolMed's TK
- phase III trial actively recruiting
- Indication: acute leukemia
- Estimated enrollment: 170
- Estimated primary completion: January 2014
- Newlink Genetics' HyperAcute®-Pancreas (algenpantucel-L)
- phase III trial actively recruiting
- Indication: pancreatic cancer
- Estimated enrollment: 722
- Estimated primary completion: January 2014
- NovaRx's Lucanix
- phase III trial actively recruiting
- Indication: non-small cell lung cancer
- Estimated enrollment: 506
- Estimated primary completion: June 2012
- PrimaBioMed's Cvac
- phase II/III trial actively recruiting
- Indication: epithelial ovarian cancer
- Estimated enrollment: 1,000
- Estimated primary completion: March 2015
Phase II or I/II
- 50 industry-sponsored clinical trials of cell-based immunotherapies actively recruiting, active no longer recruiting, active not yet recruiting, or anticipated to commence yet in 2012
- ~10 of these are expected to have readouts yet this year
- Trial sites in US, Canada, UK, continental Europe, Israel, South Korea, India, Australia
- Expected enrollment of 3,500+
Investment:
The following are notable cash infusions into the sector for 2012 to-date:
- Bellicum Pharmaceuticals. $20M series B.
- CellMedica. $15M grant from CPRIT in Texas.
- Argos Therapeutcs. $25M Series D.
- Northwest Bio. $5.5M grant from German gov't Saxony Development Bank
Hope this is useful.
--
-- Lee @celltherapy
p.s. As always we welcome your feedback, comments, and corrections.
Posted in Regenerative Medicine
Comments Off on Cell-based Cancer Immunotherapies. Some metrics..
Advanced Cell Technology to Present at World Stem Cells & Regenerative Medicine Congress in London
Posted: May 19, 2012 at 2:10 pm
MARLBOROUGH, Mass.--(BUSINESS WIRE)--
Advanced Cell Technology, Inc. (ACT; OTCBB: ACTC), a leader in the field of regenerative medicine, announced today that chairman and CEO Gary Rabin will be presenting at the World Stem Cells and Regenerative Medicine Conference, May 21-23, in London.
Mr. Rabins presentation, titled Successes and ongoing advancements of human clinical trials for the treatment of AMD & Stargardts Disease, will be given on Monday, May 21 at 5:05 p.m. BST (London time). Mr. Rabin will provide an update on ACTs three ongoing human clinical trials in the U.S. and E.U. for Dry Age-Related Macular Degeneration (Dry AMD) and Stargardts Macular Dystrophy (SMD).
ACT recently announced Data and Safety Monitoring Board (DSMB) approval to move forward with enrollment and treatment of additional patients with SMD in its U.S. SMD trial, and to treat the final two patients to round out the initial dosing arm in its European trial. All three of the companys ongoing clinical trials use human embryonic stem cell (hESC)-derived retinal pigment epithelial (RPE) cells.
About SMD, Dry AMD and Degenerative Diseases of the Retina
Stargardts Macular Dystrophy (SMD) is one of the most common forms of macular degeneration in the world. SMD causes progressive vision loss, usually starting in children between 10 to 20 years of age. Eventually, blindness results from photoreceptor loss associated with degeneration in the pigmented layer of the retina, called the retinal pigment epithelium or RPE cell layer.
Degenerative diseases of the retina are among the most common causes of untreatable blindness in the world. As many as thirty million people in the United States and Europe suffer from macular degeneration, which represents a $25-30 billion worldwide market that has yet to be effectively addressed. Approximately 10% of people ages 66 to 74 will have symptoms of macular degeneration, the vast majority the dry form of AMD which is currently untreatable. The prevalence increases to 30% in patients 75 to 85 years of age.
About Advanced Cell Technology, Inc.
Advanced Cell Technology, Inc., is a biotechnology company applying cellular technology in the field of regenerative medicine. For more information, visit http://www.advancedcell.com.
Forward-Looking Statements
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Advanced Cell Technology to Present at World Stem Cells & Regenerative Medicine Congress in London
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Regenerative medicine company begins enrollment in critical limb ischemia trial
Posted: May 17, 2012 at 8:16 am
Regenerative medicine startup Juventas Therapeutics has begun enrollment in a phase 2a trial of critical limb ischemia patients.
The Cleveland-based company, which recently secured an important investment from Takeda Pharmaceuticals, is planning to enroll 48 patients and complete enrollment early next year, CEO Rahul Aras said.
Juventas technology, called JVS-100, works by recruiting stem cells from the bone marrow to create new blood vessels. Its based on Stromal Cell-Derived Factor-1 (SDF-1), a naturally produced molecule that attempts to repair the heart immediately following a heart attack.
Critical limb ischemia (CLI) patients are enrolling at several U.S. hospitals, as well as three in India. CLI is a severe obstruction of the arteries that greatly decreases blood flow to the extremities.
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CLI has become a very exciting clinical opportunity, Aras said. Its becoming a growing area of interest for a number of biotech and pharma companies.
Other companies pursuing CLI treatment include Aastrom Biosciences, Arteriocyte and Biomet.
Among the top advantages of Juventas CLI therapy is its simplicity and cost-effectiveness, Aras said. Patients can be injected with the companys therapeutic in an easy procedure at a physician office, and the approach doesnt require bone marrow aspiration to obtain patients own stem cells or complex cell processing as some competing therapeutics do.
Juventas also has a phase 2 trial underway to investigate its therapy with heart failure patients.
The company is expected to shortly announce a series B round of investment, which includes the funding from Takeda, that totals around $20 million or $25 million.
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Regenerative medicine company begins enrollment in critical limb ischemia trial
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Regenerative medicine company begins enrollment in critical limb ischemia trial
Posted: May 16, 2012 at 9:11 pm
Regenerative medicine startup Juventas Therapeutics has begun enrollment in a phase 2a trial of critical limb ischemia patients.
The Cleveland-based company, which recently secured an important investment from Takeda Pharmaceuticals, is planning to enroll 48 patients and complete enrollment early next year, CEO Rahul Aras said.
Juventas technology, called JVS-100, works by recruiting stem cells from the bone marrow to create new blood vessels. Its based on Stromal Cell-Derived Factor-1 (SDF-1), a naturally produced molecule that attempts to repair the heart immediately following a heart attack.
Critical limb ischemia (CLI) patients are enrolling at several U.S. hospitals, as well as three in India. CLI is a severe obstruction of the arteries that greatly decreases blood flow to the extremities.
Advertisement
CLI has become a very exciting clinical opportunity, Aras said. Its becoming a growing area of interest for a number of biotech and pharma companies.
Other companies pursuing CLI treatment include Aastrom Biosciences, Arteriocyte and Biomet.
Among the top advantages of Juventas CLI therapy is its simplicity and cost-effectiveness, Aras said. Patients can be injected with the companys therapeutic in an easy procedure at a physician office, and the approach doesnt require bone marrow aspiration to obtain patients own stem cells or complex cell processing as some competing therapeutics do.
Juventas also has a phase 2 trial underway to investigate its therapy with heart failure patients.
The company is expected to shortly announce a series B round of investment, which includes the funding from Takeda, that totals around $20 million or $25 million.
See the original post here:
Regenerative medicine company begins enrollment in critical limb ischemia trial
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New Teva Representative Joins Mesoblast Board of Directors
Posted: May 11, 2012 at 6:13 pm
MELBOURNE, Australia, May 10, 2012 /PRNewswire/ -- Global regenerative medicine company Mesoblast Limited (MSB.AX) today announced the appointment of Dr Ben-Zion Weiner, Special Adviser to the CEO of Teva Pharmaceutical Industries Ltd, as a non-executive Director of Mesoblast, effective immediately.
Dr Weiner has been Teva's head of global research and development for over three decades, most recently as Chief R&D Officer and a member of the Teva Executive Committee. In this role, he has directly overseen all pharmaceutical R&D and innovative branded product pipeline development.
Dr Weiner has been responsible for the development of hundreds of generic products for the US, EU and other markets. In parallel, he has been responsible for the development and regulatory approval of Teva's innovative product portfolio. Dr Weiner has twice been the recipient of the Rothschild prize for innovation, including for the commercialization of Copaxone in the treatment of multiple sclerosis.
Dr Weiner said: "I am happy and proud to be a Board member of Mesoblast. I trust that stem cell technology is the future of medicine, and that Mesoblast is at the cutting edge of this exciting new field.
"I believe that Mesoblast's unique technology and professional execution capabilities have the potential to deliver multiple innovative biologic products across a broad range of clinical indications," added Dr Weiner.
Mesoblast Chairman, Mr Brian Jamieson, said: "Dr Weiner's extensive pharmaceutical industry experience and his current role as Special Adviser to the Teva CEO make him a very valuable and strategic addition to the Board. We also acknowledge the important contributions and insights provided by Teva's retiring board representative, Kevin Buchi, and wish him well.
"As Mesoblast expands its clinical product portfolio and approaches product commercialization, we will continue to broaden the mix of skills and international expertise of our Directors to ensure that the Board is in the best position to deliver maximal shareholder value."
About Mesoblast Mesoblast Limited (MSB.AX) is a world leader in commercialising biologic products for the broad field of regenerative medicine. Mesoblast has the worldwide exclusive rights for a series of patents and technologies developed over more than 10 years relating to the identification, extraction, culture and uses of adult Mesenchymal Precursor Cells (MPCs). http://www.mesoblast.com
For further information, please contact: Julie Meldrum Corporate Communications Mesoblast Limited E: julie.meldrum@mesoblast.com
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New Teva Representative Joins Mesoblast Board of Directors
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Another > $100M month for companies in the cell therapy space
Posted: May 6, 2012 at 3:58 pm
Last month we reported here on this blog that March was more than a $100M month for companies in the stem cell and cell-based regenerative medicine space in terms of monies raised.
What we missed was a $15M grant from Cancer Prevention and Research Institute of Texas (CPRIT) for UK-based CellMedica. This pumps last month's total to just under $140M.
This month, according to our sources, betters even March's better numbers by coming in at just over $170M though that is largely on the back of one large deal in Asia. Here's how the numbers break down.
Allocure kicked off the month with a decent $25M Series B round from new syndicate member Lundbeckfond Ventures, as well as previous investors SV Life Sciences and Novo A/S. Allocure is headed into phase 2 for acute kidney injury with an allogeneic mesenchymal stem cell therapeutic they currently call AC607.
Little-known Canadian-based, Sernova then announced a $3.6M PIPE to fund continued development of its proprietary Cell Pouch System(TM), and, in particular, to fund the upcoming first-in-man clinical trial for patients with diabetes receiving an islet transplant. The application to proceed with this trial is currently under review by Health Canada.
Next up was NeoStem closing a $6.8M public offering for "expanding" their contract manufacturing business, Progenitor Cell Therapy, and "enrolling the PreSERVE AMR-001 Phase 2 clinical trial for preserving heart function after a heart attack".
The biggest deal of the month was a $65M convertible debt financing of China Cord Blood by none other than global powerhouse Kohlberg Kravis Roberts (KKR) through it KKR China Growth Fund L.P., a China-focused investment fund managed by KKR. We believe this is deal is certainly an investment in the future of China's healthcare market potential but that it is bigger than that. We believe a significant driver for this deal may likely have been the opportunity to consolidate this sector globally - to use a significant operation and 'war chest' to fund mergers and acquisitions on both the public and private cord blood banking sector worldwide.
The only classic first-round venture raise this month was a milestone-based $5M Series A by Bay City Capital into Phil Coelho's new company, SynGen, to fund his latest iteration of stem cell processing devices.
Forbion Capital then announced that it was leading a series D round, joined by fellow existing investors TVM Capital, Lumira Capital, Intersouth Partners, Caisse de depot et placement du Quebec, Morningside Group, and Aurora Funds, of $25M into Argos Therapeutics in order to kick them into their phase 3. The hope here is that with some early phase 3 data they may be able to attract the elusive partner they couldn't land with a mere bucket of phase 2 data.
Innovacell landed the only European deal by announcing an 8.3M Euro (~$11M) investment by Buschier, Fides, HYBAG, and Uni Venture. This will be used for the continued clinical development of its cell-therapy (ICES13) for the treatment of stress-urinary incontinence currently in a ph 3 study in several European countries.
ReNeuron announced a private placement also open to existing shareholders that brought in just under $10M (£6.1M) to support their phase 1 trial in stroke and other pre-clinical, clinical, and regulatory milestones.
Finally, the Bio-Matrix Scientific Group, in an apparent ongoing quest to continuously reinvent itself, announced at month's end that they had formed a new subsidiary named Regen BioPharma and that they had raised $20M in a financing commitment from Southridge Partners II to purchase its common stock as required over the term of the agreement at a price set by an agreed formula. This money is said to be dedicated to the acquisition of discovery-stage intellectual property and driving it through to phase 2 trials in an exercise of maximum value creation over a period they claim to be as short as 18-24 months.
..
So in the end, the month saw companies in the space raise just over $170M and even if you back out the stem cell banking deal its still over $100M for cell therapy companies.
Over the 2 months, then, we've seen just over $311M raised through a variety of means by companies at every stage of maturity and for intended purposes ranging from acquisition, consolidation, early stage clinical development, and phase 3 testing.
--Lee
p.s. If you are aware of other deals in the sector this month, let us know and we'll update this accordingly.
Posted in Regenerative Medicine
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Another > $100M month for companies in the cell therapy space
Posted: May 6, 2012 at 3:56 pm
Last month we reported here on this blog that March was more than a $100M month for companies in the stem cell and cell-based regenerative medicine space in terms of monies raised.
What we missed was a $15M grant from Cancer Prevention and Research Institute of Texas (CPRIT) for UK-based CellMedica. This pumps last month's total to just under $140M.
This month, according to our sources, betters even March's better numbers by coming in at just over $170M though that is largely on the back of one large deal in Asia. Here's how the numbers break down.
Allocure kicked off the month with a decent $25M Series B round from new syndicate member Lundbeckfond Ventures, as well as previous investors SV Life Sciences and Novo A/S. Allocure is headed into phase 2 for acute kidney injury with an allogeneic mesenchymal stem cell therapeutic they currently call AC607.
Little-known Canadian-based, Sernova then announced a $3.6M PIPE to fund continued development of its proprietary Cell Pouch System(TM), and, in particular, to fund the upcoming first-in-man clinical trial for patients with diabetes receiving an islet transplant. The application to proceed with this trial is currently under review by Health Canada.
Next up was NeoStem closing a $6.8M public offering for "expanding" their contract manufacturing business, Progenitor Cell Therapy, and "enrolling the PreSERVE AMR-001 Phase 2 clinical trial for preserving heart function after a heart attack".
The biggest deal of the month was a $65M convertible debt financing of China Cord Blood by none other than global powerhouse Kohlberg Kravis Roberts (KKR) through it KKR China Growth Fund L.P., a China-focused investment fund managed by KKR. We believe this is deal is certainly an investment in the future of China's healthcare market potential but that it is bigger than that. We believe a significant driver for this deal may likely have been the opportunity to consolidate this sector globally - to use a significant operation and 'war chest' to fund mergers and acquisitions on both the public and private cord blood banking sector worldwide.
The only classic first-round venture raise this month was a milestone-based $5M Series A by Bay City Capital into Phil Coelho's new company, SynGen, to fund his latest iteration of stem cell processing devices.
Forbion Capital then announced that it was leading a series D round, joined by fellow existing investors TVM Capital, Lumira Capital, Intersouth Partners, Caisse de depot et placement du Quebec, Morningside Group, and Aurora Funds, of $25M into Argos Therapeutics in order to kick them into their phase 3. The hope here is that with some early phase 3 data they may be able to attract the elusive partner they couldn't land with a mere bucket of phase 2 data.
Innovacell landed the only European deal by announcing an 8.3M Euro (~$11M) investment by Buschier, Fides, HYBAG, and Uni Venture. This will be used for the continued clinical development of its cell-therapy (ICES13) for the treatment of stress-urinary incontinence currently in a ph 3 study in several European countries.
ReNeuron announced a private placement also open to existing shareholders that brought in just under $10M (£6.1M) to support their phase 1 trial in stroke and other pre-clinical, clinical, and regulatory milestones.
Finally, the Bio-Matrix Scientific Group, in an apparent ongoing quest to continuously reinvent itself, announced at month's end that they had formed a new subsidiary named Regen BioPharma and that they had raised $20M in a financing commitment from Southridge Partners II to purchase its common stock as required over the term of the agreement at a price set by an agreed formula. This money is said to be dedicated to the acquisition of discovery-stage intellectual property and driving it through to phase 2 trials in an exercise of maximum value creation over a period they claim to be as short as 18-24 months.
..
So in the end, the month saw companies in the space raise just over $170M and even if you back out the stem cell banking deal its still over $100M for cell therapy companies.
Over the 2 months, then, we've seen just over $311M raised through a variety of means by companies at every stage of maturity and for intended purposes ranging from acquisition, consolidation, early stage clinical development, and phase 3 testing.
--Lee
p.s. If you are aware of other deals in the sector this month, let us know and we'll update this accordingly.
Posted in Regenerative Medicine
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South Korea steps up stem-cell work
Posted: May 2, 2012 at 3:11 pm
South Korea's government is focused on boosting funds for stem-cell research this year.
Jo Yong Hak/Reuters
The South Korean health ministry announced last month that research into stem cells and regenerative medicine will receive a funding boost of 33 billion won (US$29 million) in 2012, four times that given in 2011. Overall, six different ministries will invest 100 billion won in stem-cell research this year.
Until last year, public investment in stem cells in South Korea was relatively low and targeted mainly at basic research. But the country's Ministry of Health and Welfare is now expanding its support for clinical research on stem cells, with the money being used to link basic research to intermediate or clinical studies. The aim is to commercialize the research at an early stage.
"From the current research atmosphere and infrastructure, the government has judged that stem-cell studies are now maturing," says Hyung Min Chung, president of Seoul-based biotechnology firm Cha Bio and Diostech and an adviser on the budget plan. He adds that his company is particularly pleased that government investment decisions on developing stem-cell therapies will be made more quickly.
The government money will be allocated to two areas: rare or incurable diseases for which there is little incentive for private investment, such as spinal cord damage; and common chronic conditions, such as arthritis, for which the aim is to help South Korean companies to capture part of the large potential market for treatments.
South Korea has been trying to restore its tarnished image in the field after the fall of one of its stellar stem-cell scientists, Woo Suk Hwang, who was convicted in 2009 for embezzlement and bioethics violations after falsifying results. The country has begun to regain confidence from a series of successful research projects, and is ranked in the world's top ten for stem-cell and regenerative medicine research in terms of number and quality of publications. The South Korean government thinks that the country can be a top global competitor if the field is given enough support.
In the past year, the South Korean Food and Drug Administration (FDA) has approved the worlds first three stem-cell treatments Hearticellgram-AMI, Cupistem and Cartistem which followed on the heels of clinical tests for human embryonic stem-cell therapies approved in 2010, according to the health ministry.
But many are still wary of those therapies. Clearly, there has been increased international focus on what is going on in the Korean regenerative industry since the approval of three stem-cell products in the past year, which I think caught many industry observers off guard, says Douglas Sipp, who works on stem-cell policy and ethics at the RIKEN Center for Developmental Biology in Kobe, Japan. "It appears that the Korean FDA has been focusing on fast-tracking products through the approval pathway, he says, adding that it will be interesting to see what other regulatory authorities think about these products.
Dong Wook Han, a professor of stem-cell biology at Konkuk University in Seoul, is worried about how the country regulates clinical research on stem cells. "Compared to a country like Germany, where I studied and where the regulations on embryonic stem cells are much stricter, South Korea has more freedom in regulation, which means it can explore more opportunities in clinical research. However, he emphasizes that instead of moving too quickly, South Korea needs to adopt the stricter regulations from other countries to test safety and efficacy.
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South Korea steps up stem-cell work
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ACT Announces Data and Safety Monitoring Board (DSMB) Approval to Increase RPE Dosage for Stargardt’s Disease Patients …
Posted: April 26, 2012 at 5:12 am
MARLBOROUGH, Mass.--(BUSINESS WIRE)--
Advanced Cell Technology, Inc. (ACT; OTCBB: ACTC), a leader in the field of regenerative medicine, announced today that the Data and Safety Monitoring Board (DSMB), an independent group of medical experts closely monitoring the Companys three ongoing clinical trials, have recently authorized the Company to move forward with enrollment and treatment of additional patients with Stargardts disease (SMD). In the U.S. SMD trial, ACT will screen and enroll patients for the second cohort, who, in keeping with trial protocol, will be injected with 100,000 retinal pigment epithelial (RPE) cells - as compared with the 50,000 cell dose used in the patients of the first cohort. The Company has also been approved to treat the final two patients to round out the initial dosing arm in its European trial. The use of pluripotent stem cells to derive RPE cells, and the use of the resulting RPE cells for treating a wide range of macular degenerative disorders, are covered by a robust patent portfolio owned by ACT, including a number of issued broad patents in key world markets.
DSMB authorization to move to the next higher dosage of cells in our U.S. clinical trial and complete the treatment of the first cohort of patient in our European trial represents yet another significant advancement for our clinical programs, commented Gary Rabin, chairman and CEO of ACT. We are pleased with the pace of progress and the continued finding of safety amongst the participants in both the U.S. and European trials. The results so far have been encouraging, and with our SMD programs having been granted orphan medicinal product designation in both the U.S. and Europe, we look forward to eventually reaching a stage at which we can further avail ourselves of all the regulatory and financial benefits this designation brings.
The three procedures comprising the first cohort of patients in the U.S. SMD trial were all conducted at University of California at Los Angeles (UCLA), by Steven Schwartz, M.D., Ahmanson Professor of Ophthalmology at the David Geffen School of Medicine at UCLA and retina division chief at UCLA's Jules Stein Eye Institute. The first procedure in the E.U. trial was conducted at Moorfields Eye Hospital in London, by a team of surgeons led by Professor James Bainbridge, consultant surgeon at Moorfields and Chair of Retinal Studies at University College London.
We are gratified to be moving to the next stage in both of our SMD trials, commented Robert Lanza, M.D., ACTs chief scientific officer. We remain very encouraged by the preliminary data in the first four SMD patients treated with the lowest dose of RPE cells at UCLA and Moorfields Eye Hospital. We are doubling the number of cells that will be transplanted in the next group of patients in the U.S. trial. We will be anxious to see if the higher dosage of RPE cells will impact visual function and photoreceptor rescue.
ACT is conducting three clinical trials in the U.S. and Europe using hESC-derived RPE cells to treat forms of macular degeneration. Each trial will enroll a total of 12 patients, with cohorts of three patients each in an ascending dosage format. These trials are prospective, open-label studies, designed to determine the safety and tolerability of hESC-derived RPE cells following sub-retinal transplantation into patients with dry-AMD or Stargardt's macular dystrophy (SMD) at 12 months, the studys primary endpoint. On January 20, 2012, the first SMD patient enrolled in the Companys U.K. clinical trial was treated at Moorfields Eye Hospital in London. The final patient of the first cohort in the companys SMD trial in the U.S. was treated on February 13, 2012.
Further information about patient eligibility for the dry AMD study and the concurrent study on SMD is also available on http://www.clinicaltrials.gov; ClinicalTrials.gov Identifiers: NCT01345006, NCT01469832 and NCT01344993.
About Advanced Cell Technology, Inc.
Advanced Cell Technology, Inc., is a biotechnology company applying cellular technology in the field of regenerative medicine. For more information, visit http://www.advancedcell.com.
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ACT Announces Data and Safety Monitoring Board (DSMB) Approval to Increase RPE Dosage for Stargardt’s Disease Patients ...
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