Good News, But wasn't the PAD Ischemia Human trials started months back.
posted on
Aug 09, 2010 08:41PM
Adult stem cell development company commencing clinical trials applicable to estimated $30 billion degenerative disease market place
HAIFA, Israel--(BUSINESS WIRE)--Pluristem Therapeutics Inc. (NasdaqCM: PSTI) (DAX: PJT) today announced the results of two separate pre-clinical studies in animal models which demonstrated that its PLacental eXpanded (PLX) cell therapy may be an effective treatment for both neuropathic and inflammatory nerve pain. These animal studies were conducted in collaboration with the Berlin-Brandenburg Center for Regenerative Therapies (BCRT) and the Department of Anesthesiology and Operative Intensive Care Medicine, both at the Charité-Universitätsmedizin of Berlin, Germany.
Hans-Dieter Volk, Ph.D., professor of immunology and chair of the Institute of Medical Immunology Charité - Universitätsmedizin Berlin and Berlin-Brandenburg Center for Regenerative Therapies (BCRT) stated, “We initiated this study at Prof. Stein´s research unit (Dept. Anesthesiology) based on research indicating that the pathophysiology surrounding neuropathic pain involves inflammation and ischemia of the affected nerves and data from Pluristem showing that the mechanism of action of PLX cells involves secretion of anti-inflammatory and angiogenic cytokines that promote new vessel formation (angiogenesis) into the injured tissue.”
“These findings demonstrate again that the therapeutic effect of Pluristem’s PLX cells is achieved through the release of cytokines that act on local, or perhaps distant, target tissues. Rather than serving as stem cells to repair tissues, they serve as cellular factories that secrete mediators to stimulate the repair of tissues or other beneficial effects,” said Dr. Edwin Horwitz, Chairman of Pluristem’s Scientific Advisory Board and President of the International Society for Cellular Therapy. These findings, in addition to previous Pluristem publications, position PLX cells as a promising candidate for a variety of clinical indications.
Zami Aberman, Chairman and CEO of Pluristem, added, “These results provide evidence of our PLX cells being potentially effective for treating neuropathic pain arising from a variety of reasons, such as diabetes and chemotherapy. We look forward to moving with these findings into a clinical study, supported by a partner that will help Pluristem pursue commercialization of its PLX cells for this indication.”
About Neuropathic Pain
Neuropathic pain is a chronic pain state that is usually accompanied by tissue injury. With neuropathic pain, the nerve fibers themselves may be damaged, dysfunctional or injured. Common causes of neuropathic pain include diabetes, alcoholism, chemotherapy and infections such as herpes zoster (shingles). There is no standard of care for neuropathic pain with a multitude of agents ranging from analgesics to antidepressants and anticonvulsants used to treat the disorder. Industry analysts have predicted the neuropathic pain market to approach $5.5B by 20151.
About the Berlin Bradenburg Center for Regenerative Therapies
The Berlin Bradenburg Center for Regenerative Therapies, a translational center of the Charité - Universitätsmedizin Berlin and the Helmholtz Foundation has developed an internationally visible center of excellence in regenerative medicine with a focus on endogeneous regeneration through the application of cells, biological factors, biomaterials, or combinations. The Center strives to translate basic science discoveries into regenerative therapies and share scientific knowledge generated in the field of regenerative medicine with researchers, clinicians, and the public through educational activities, training, publications, and communication forums at the national and international level.
About Pluristem
Pluristem is a clinical stage biotechnology company with proprietary technology for the development and manufacturing of standardized cell therapies derived from the human placenta. Pluristem’s patented and scalable PLX (PLacental eXpanded) cell product candidates are developed as readily available for the treatment of critical limb ischemia (CLI) and other diseases.
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