NEWS
posted on
Jul 09, 2007 06:04AM
Adult stem cell development company commencing clinical trials applicable to estimated $30 billion degenerative disease market place
PLRS: Enters Collaboration wtih the BCRT at Charite- University Medicine Berlin | |||
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Ridgeland, MS, JUL 09, 2007 (EventX/Knobias.com via COMTEX) -- By Jay Everitt, jeveritt@knobias.com | |||
Pluristem Life Systems, Inc. (PLRS) announced that it has entered into a Collaborative Research Agreement with the Berlin-Brandenburg Center for Regenerative Therapy (BCRT) at Charite - University Medicine Berlin. | |||
Pluristem and BCRT will collaborate on a variety of indications utilizing mesenchymal stem cells (MSCs) derived from the placenta that have been expanded in the Company's proprietary PluriX(TM) 3-D bioreactor. The initial focus of the collaboration will be on neurological indications such as Multiple Sclerosis and Parkinson's disease. The agreement also covers organ transplantation and cardiovascular indications such as inflammatory cardiomyopathy. Pluristem will be the exclusive owner of the technology and any products stemming from the collaboration. | |||
Professor Hans Dieter Volk, MD, Director/ Chairman of BCRT at Charite commented, "The collaboration of BCRT, working with Pluristem and their proprietary PLX cells offers several exciting prospects. We believe Pluristem's cells can potentially result in beneficial therapies for a number of diseases." | |||
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