Athersys Seeks Commercial Partners

The biopharmaceutical company Athersys is looking for commercial partners in the R&D of its various therapies, which include conventional drug therapies as well as some novel stem cell therapies.

According to Athersys chairman and CEO, Dr. Gil Van Bokkelen, who spoke to analysts during a company conference call, Athersys currently has the cash equivalents of $25.3 million, which is enough to keep the company operating through 2011. Nevertheless, the company would like to add to its capital base by partnering with other companies in the completion of the testing and development of therapeutic product lines.

The main product in the company’s stem cell line, known as MultiStem, is an off-the-shelf therapy that Athersys is currently testing for the treatment of heart attack, stroke, and graft-versus-host disease. As Dr. Van Bokkelan explained during the conference call, "We believe these and other capabilities will allow them to be relevant in a number of therapeutic areas, and we and our collaborators are excited about the potential utility of MultiStem for treating major conditions." Unlike many other types of stem cell therapies, which are designed "to achieve wholesale replacement of damaged tissue", Dr. Van Bokkelan described MultiStem as exhibiting "a more drug-like profile in which cells augment healing and exert a benefit in multiple ways, and then are cleared from the body over time." He added, however, that the wide range of applications for MultiStem "represent a development challenge, especially for an emerging biopharmaceutical company," which is why Athersys has decided to seek commercial partnerships. As Dr. Van Bokkelan further adds, "Accordingly, we believe that the optimal way to advance our MultiStem program is to find a significant commercial partner."

Under Dr. Van Bokkelan’s leadership, Athersys has been exploring partnership opportunities for months and is "greatly encouraged by the ongoing level of interest among potential partners." As he further describes, "We are confident that we will be able to secure strategic partnerships that will enable us to advance our MultiStem programs in a meaningful and substantial way."

Located in Cleveland, Ohio, Athersys is also currently developing two separate drug candidates for the treatment of obesisty and problems in cognitive attention, both of which deal with the chemical regulation and control of neuroreceptors. Even in this field, Dr. Van Bokkelan finds that, "Once again, we are greatly encouraged by the level of interest among potential partners in both areas, and believe we are in a strong position to construct relationships with leading companies that share our vision of developing best-in-class therapeutics."

As described on their website, "Athersys is a clinical stage biopharmaceutical company with a growing pipeline of highly differentiated, potential best-in-class therapeutics to treat significant and life-threatening diseases. … Our current product development portfolio consists of MultiStem, a patented and proprietary stem cell product that we are developing as a treatment for multiple disease indications, and that is currently being evaluated in two Phase I clinical trials. In addition, we are developing novel pharmaceuticals to treat indications such as obesity, as well as certain conditions that affect cognition, attention, and wakefulness. Our strategic approach to drug development builds on internally and externally generated knowledge to identify and develop proprietary and highly differentiated products, as well as enable the company to limit development risks and costs."

As further described on the website of Athersys, "MultiStem is a biologic product that is manufactured from human stem cells obtained from adult bone marrow or other nonembryonic tissue sources. The product consists of a special class of human stem cells that have the ability to express a range of therapeutically relevant proteins and other factors, as well as form multiple cell types. Factors expressed by MultiStem have the potential to deliver a therapeutic benefit in several ways, such as the reduction of inflammation, protection of damaged or injured tissue, and the formation of new blood vessels in regions of ischemic injury. These cells exhibit a drug-like profile in that they act primarily through the production of factors that regulate the immune system, protect damaged or injured cells, promote tissue repair and healing and most or all of the cells are cleared from the body over time."

One of the co-founders of Athersys, Dr. Van Bokkelan has served as CEO of the company since its founding, as well as the president of Athersys prior to 2006. Dr. Van Bokkelan holds a double B.A. in Economics and Molecular Biology from the University of California at Berkeley, and a Ph.D. in Genetics from Stanford.

Genzyme Receives EU Approval for Adult Stem Cell Mobilization Product

The biotechnology giant Genzyme Corporation announced today that it has received regulatory approval from the European Commission for the commercial marketing of one of its products, Mozobil. A proprietary, injectable formulation of plerixa, Mozobil stimulates the mobilization and migration of the body’s own adult, hematopoietic stem cells out of the bone marrow and into the peripheral blood where the cells can be easily collected. The intended, initial use of Mozobil in the European market is for patients with lymphoma and multiple myeloma who require an autologous (in which the donor and recipient are the same person) adult stem cell transplant, but who are suspected of having inadequate mobilzation and who have previously failed conventional treatment.

According to Dr. Mohamad Mohty of the Stem Cell Transplant Program at the University Hospital in Nantes, France, Mozobil "has the potential to transform the field of stem cell transplantation. This new treatment will allow more patients with yet incurable malignancies to confidently move on to a potentially life-saving autologous stem cell transplant."

Mozobil has been evaluated in two randomized, double-blind, placebo controlled Phase III clinical trials as a treatment for patients with non-Hodgkin’s lymphoma and multiple myeloma. In addition to Mozobil, the patients were also given G-CSF (granulocyte-colony stimulating factor), a combination which proved to increase stem cell mobilization yield as well as graft durability rates as revealed in year-long follow-up data. Additionally, Mozobil has already been tested on more than 1,000 patients in Europe over the past year who received the treatment through "compassionate use" programs. Because it was formulated to treat specific medical conditions, Mozobil has been granted "orphan drug" status both in the United States and the European Union.

As a new option for a broad group of cancer patients, Mozobil offers distinct economic as well as clinical benefits. Since it has been found to decrease the number of days required for apheresis, Mozobil reduceds the need for a second mobilization procedure, thereby reducing the overall cost of the medical treatment. A minimum of approximately two million hematopoietic stem cells per kilogram of body weight must be collected before any patient can receive an autologous adult stem cell transplant, although twice that many stem cells would allow for a more effective outcome. Without Mozobil, many patients are unable to produce enough stem cells, even in multiple collection procedures that are performed over multiple days, in which case such patients are not allowed to proceed with the therapy. With Mozobil, however, most patients are able to produce an adequate amount of stem cells during the first collection procedure, and are therefore able to complete the entire transplant therapy in a more timely and efficient manner.

According to Paula Soteropoulos, Genzyme vice president and general manager of Mozobil, "There is strong interest among European physicians for Mozobil. With today’s approval, we will move quickly to make this important product broadly available to the transplant community."

Approximately 55,000 hematopoietic stem cell transplants are performed each year throughout the world for Hodgkin’s lymphoma, non-Hodgkin’s lymphoma, multiple myeloma and related disorders. Mozobil was approved for use in the U.S. in December of 2008, and in Mexico in May of 2009. In addition to the E.U., Genzyme has also filed applications for the approval of Mozobil in Argentina, Australia, Brazil, Israel and Singapore, with additional applications for other countries still in the planning stage. Global peak sales of Mozobil are projected to reach $400 million annually.

As the world’s third-largest biotechnology company, Genzyme currently employs more than 11,000 people around the world, in approximately 80 offices and laboratories that are located in 40 countries. In 2008, Genzyme reported $4.6 billion in global revenue from more than 25 products that are available throughout the world.

DARA and America Stem Cell Announce Strategic Alliance

Today DARA BioSciences announced a strategic partnership with America Stem Cell Inc. (ASC) for the R&D of transplants in which the adult stem cells known as hematopoietic stem cells (HSCs) are used. The announcement represents a logical continuation of preclinical studies in which dipeptidylpeptidase (DPPIV) inhibitors were found to improve the efficacy of HSC transplantation, which is often employed in the treatment of many malignant as well as non-malignant hematological disorders.

Scientists at DARA will provide the DPPIV inhibitors to scientists at ASC, who in turn will collaborate with DARA in the further development and commercialization of the inhibitors for the clinical therapeutic treatment of patients who need HSC transplants.

Based in Raleigh, North Carolina, the pharmaceutical company DARA BioSciences specializes in the acquisition and development of "small molecule" therapeutics for the subsequent sale or out-licensing of the therapies to larger pharmaceutical companies. The company’s portfolio includes several drug candidates for the treatment of Type II diabetes, psoriasis, and neuropathic pain in cancer patients. One of DARA’s proprietary products, KRN5500, has already successfully completed a Phase II-a clinical trial for neuropathic pain that is secondary to cancer.

Founded in 2005 and located in Carlsbad, California, America Stem Cell Inc. describes itself as "a privately held biotechnology company dedicated to the development and commercialization of enabling technologies to enhance and expand the therapeutic potential of stem cell transplants." The company employs hematopoietic stem cells derived from cord blood, peripheral blood and bone marrow, from which the proprietary products ASC-101 and ASC-201 are formulated, and which, as described on the company’s website, have demonstrated "potential for many other clinical applications such as treatment of inflammation from chemotherapy/radiation, treatment of cancer tumors, autoimmune diseases and myocardial infarction." Previously, ASC has formed a number of other strategic partnerships with other organizations which include the Oklahoma Medical Research Foundation, Vidacord Technologia Biomedica, and the University of Texas M.D. Anderson Cancer Center.

Mouse Tooth Created from Mouse Stem Cells

Scientists at the Research Institute of Science and Technology at the Tokyo University of Science have announced the successful creation of a "tooth germ" from which an entire mouse tooth has been grown in vivo. The accomplishment is believed to have far-reaching implications and applications to a number of medical specializations that include the replacement of entire organs.

In an article entitled, "Fully functional bioengineered tooth replacement as an organ replacement therapy", the scientists report that, "This study represents a substantial advance and emphasizes the potential for bioengineered organ replacement in future regenerative therapies."

Led by Dr. Takashi Tsuji and using a method which they had developed two years ago, the researchers used mouse embryonic stem cells to create a "bioengineered tooth germ" – a tiny "package" of cells, approximately 500-micrometers in length, containing all the genetic instructions for the formation of a tooth – which the scientists then implanted inside a mouse’s tooth socket from which a natural tooth had been removed. Approximately 5 weeks later, a new tooth erupted through the gum, and by 7 weeks the tooth was fully developed, complete with nerve fibers that were responsive to pain tests. The new tooth was found to exhibit all the properties of a natural tooth, with the one exception that it also appears to glow green when viewed under an ultraviolet light, since the scientists employed the common laboratory technique of tagging the genes with a green fluorescent protein in order to facilitate tracking of the genes. The process was then repeated in additional mice with identical results.

In 2007, using a similar proceedure the same team of researchers had been able to grow new teeth inside the bellies of mice, from which the teeth were then transferred to the jaws of mice. This new report, however, represents the first documented example of a bioengineered tooth that is fully functional because it has been completely grown in its natural habitat. In fact, the mice in whom the teeth were grown naturally responded to the presence of the new teeth by using them for the chewing of food.

As Dr. Kazuhisa Nakao, one of the authors of the study, explains, "Every bioengineered tooth erupted through the gum and had every tooth component such as dentine, enamel, pulp, blood vessels, nerve fibres, crown and root." According to Dr. Yasuhiro Ikeda of the Mayo Clinic in Rochester, Minnesota, such an accomplishment is "expected to evolve into a wide variety of organ-regenerative technologies for the liver, kidneys and other organs."

As the authors noted in their publication, "The bioengineered tooth, which was erupted and occluded, had the correct tooth structure, hardness of mineralized tissues for mastication, and response to noxious stimulations such as mechanical stress and pain in cooperation with other oral and maxillofacial tissues." As they further concluded, "The ultimate goal of regenerative therapy is to develop fully functioning bioengineered organs which work in cooperation with surrounding tissues to replace organs that were lost or damaged as a result of disease, injury, or aging. Here, we report a successful fully functioning tooth replacement in an adult mouse achieved through the transplantation of bioengineered tooth germ into the alveolar bone in the lost tooth region. We propose this technology as a model for future organ replacement therapies."

Journal Retracts Report Claiming Sperm Created From Stem Cells

Earlier this month, British scientists at Newcastle University in England reported the creation of spermatozoa from human stem cells, the official announcement of which was published in the journal Stem Cells and Development. Today, however, the editor of the journal Nature has announced that the British scientists have decided to retract the article.

Although the editor of Stem Cells and Development, Graham Parker, initially announced on this journal’s website that the sperm study "is being retracted", without offering any explanation, it was the journal Nature which quoted him as having said that two paragraphs in the article’s introduction were found to have been plagiarized, and were taken from a 2007 review in the journal Biology of Reproduction.

The plagiarism is being attributed to a research associate who left the University, and the violation is not considered to be egregious enough to undermine the overall validity of the paper. Nevertheless, even though the authors assert that the underlying scientific integrity of the study remains uncompromised, a number of other scientists acknowledge that concerns might now be raised over the general credibilty of the study.

According to Allan Pacey, secretary for the British Fertility Society, "This is clearly scientific misconduct. I can understand why people might think, if they were sloppy here, maybe they were sloppy elsewhere." The claims made in the publication were highly controversial, and today’s retraction of the paper only adds further fuel to the controversy. As Pacey adds, "It was bad enough to begin with, and now we’ve got another scandal to deal with."

In an official statement issued to the press, representatives of Newcastle University assert that, "No questions have been raised about the science conducted or the conclusions of the research." Additionally, they add that the paper will now be resubmitted to another academic journal for publication, and that Newcastle University will be overseeing a more thorough supervision of research associates in the future.

According to Elizabeth Wager, however, chairperson of the international organization of publishers and editors known as the Committee on Publication Ethics, "This sets a line in the sand. Editors have a responsibility to correct the scientific record if misconduct has occurred."

Although plagiarism per se is not considered to be as serious an offense as data fabrication, nevertheless the incident evokes unpleasant memories among the global scientific community of the Hwang Woo-Suk scandal, whose two articles on human cloning that were published in the highly respected journal Science in 2004 and 2005 were later discovered to have been fraudulent.

Dr. Karim Nayernia, who led the spermatozoa research at Newcastle University, was unavailable for comment.

Placental Stem Cells Treat Lung Disease

Scientists at the Fondazione Poliambulanza-Instituto Ospelaliero in Brescia, Italy have used placental adult stem cells in the treatment of fibrotic lung diseases in laboratory animals.

Currently, conventional medicine offers no known treatment that can effectively halt or reverse the fibrotic process in diseases such as pulmonary fibrosis and other similar conditions that may be caused by exposure to radiation or chemical pathogens, and permanent damage to lung tissue is often the result, if not in fact complete pulmonary failure. Now, however, adult stem cells may offer the first actual therapy which not only stops the progression of these various diseases but which also repairs and regenerates damaged lung tissue.

Adult stem cells derived from the placenta are already known to be highly potent and have been shown in a number of studies to engraft naturally into solid organs such as the lungs. In particular, the mesenchymal stem cells (MSCs) that are derived from placental blood and tissue are "immune privileged", "universal donor" cells, meaning that they do not pose any risk of immune rejection, even when administered allogeneically (when the donor and recipient are not the same person). In fact, these MSCs are known to possess a number of anti-inflammatory, immunomodulatory properties which are also of significant benefit to the recipient.

As Dr. Ornella Parolini, lead author of the study, explains, "The potential application of fetal membrane-derived (placental, i.e.) cells as a therapeutic tool for disorders characterized by inflammation and fibrosis is supported in previous studies. In line with the hypothesis that cells derived from the amniotic membrane have immunomodulatory properties and have been used as an anti-inflammatory agent, we set out to evaluate the effects of fetal membrane-derived (placental) cell transplantation in chemically-treated mice." Using intraperitoneal, intratracheal and intravenous delivery of the cells, the researchers then observed a consistent and significant anti-fibrotic effect in the laboratory mice, in whom the fibrosis had been artificially induced via the administration of bleomycin – a glycopeptide antibiotic that is commonly used in the chemotherapeutic treatment of some types of cancer, but from which pulmonary fibrosis is known to be a common side effect. Although the adult stem cells did not reduce the severity of the inflammation in this particular animal model, nevertheless there was a marked reduction in infiltration by neutrophil granulocytes (white blood cells) after the stem cell transplantation, whether autologous (in which the donor and recipient are the same person) or allogeneic (in which the donor and recipient are not the same person).

As Dr. Parolini further adds, "It is worth noting that the presence of neutrophils is associated with poor prognosis for several lung diseases. However, the mechanism by which placenta-derived cells might affect infiltration by neutrophils is not known. Our findings suggest that (placenta-derived) cells may prove useful for cell therapy of fibrotic diseases in the future."

As the authors conclude in their paper, "Our findings constitute further evidence in support of the hypothesis that placenta-derived cells could be useful for clinical application, and warrant further studies toward the use of these cells for the repair of tissue damage associated with inflammatory and fibrotic degeneration."

New Findings Shed Light on Parkinson’s Disease

It has long been known that "Lewy bodies", one of the hallmarks of Parkinson’s disease and related types of neurodegenerative conditions, are formed from the aggregate accumulation of the synaptic protein alpha-synuclein. It has also been understood that the progression of such diseases is associated with the spreading of the Lewy bodies, which continue to infiltrate more and more regions of the brain. It has not previously been understood, however, exactly how the Lewy bodies are able to spread. Now, researchers are one step closer to a full elucidation of the underlying cellular and molecular mechanisms by which Lewy bodies ultimately invade the entire brain.

At the crux of the phenomenon is the neuron-to-neuron transmission of the alpha-synuclein itself – a new discovery made by collaborating scientists at the UC-San Diego School of Medicine and Konkuk University in Seoul, South Korea. According to Dr. Paula Desplats, lead author of the study and project scientist in the UC-San Diego Department of Neurosciences, "This discovery of cell-to-cell transmission of this protein may explain how alpha-synuclein aggregates can pass to new, healthy cells. We demonstrated how alpha-synuclein is taken up by neighboring cells, including grafted neuronal precursor cells, a mechanism that may cause Lewy bodies to spread to different brain structures."

The discovery is believed to have important implications for the use of stem cell therapies in the treatment of Parkinson’s disease and other "proteinopathies", since stem cells that are transplanted into the brains of patients are also vulnerable to eventual degeneration if a number of conditions are not suitable. As Dr. Eliezer Masliah, professor of neurosciences and pathology at the UC-San Diego School of Medicine, explains, "Our findings indicate that the stem cells used to replace lost or damaged cells in the brains of Parkinson’s disease patients are also susceptible to degeneration. Knowledge of the molecular basis of the intercellular transmission of alpha-synuclein may result in improved stem-cell-based therapies with long lasting benefits, by preventing the grafted cells to uptake alpha-synuclein or by making them more efficient in clearing the accumulated alpha-synuclein."

In most though not all Parkinson’s patients, the progression of alpha-synuclein is observable in a predictable pattern which begins in the lower brainstem and spreads first to the limbic system before ultimately attacking higher level cognitive functions in the neocortex. Prior to this study, previous findings had indicated that alpha-synuclein also spreads to transplanted neurons in Parkinson’s patients, an observation which led to a hypothesis of disease progression via neuron-to-neuron transmission. In the current study, which was specifically designed to test that hypothesis, the scientists discovered that the alpha-synuclein is transmitted between neurons via a process known as endocytosis, in which cells are able to absorb proteins from the extracellular media through their cell membranes. In addition to demonstrating that the accumulation of alpha-synuclein can be diminished by blocking the endocytic pathway, the scientists also found that inhibited lysosomal activity accelerates the accumulation of alpha-synuclein, since normal lysosomes would ordinarily help remove the accumulated aggregates. The scientists then demonstrated in a transgenic animal model how the alpha-synuclein is transmitted directly from host to grafted cells. Despite the fact that the laboratory animals had received fresh, healthy stem cells, within four weeks of the transplantation their brains had been overrun with Lewy bodies. Such findings would explain why human Parkinson’s patients who had received neuronal transplants usually succumb to the disease anyway, since the Lewy bodies that characterize Parkinson’s are still able to ravage the newly transplanted neurons.

As a result of these findings, researchers are now turning their attention to the strategic development of mechanisms by which stem cell therapy may be administered to Parkinson’s patients in conjunction with the blocking of endocytic pathways, and also in conjunction with the enhancement of normal lysosomal activity.

Three Nebraska Universities Receive Grants for Adult Stem Cell Research

Today three universities in Nebraska have announced that they are to receive state grants in order to conduct stem cell research that strictly and exclusively involves adult stem cells, not embryonic stem cells. The recipients include Creighton University School of Medicine, the University of Nebraska Medical Center (UNMC), and the University of Nebraska at Lincoln, each of whom have been awarded a $150,000 research grant.

The three grants have been awarded in accordance with the Nebraska Stem Cell Research Act of 2008, which stipulates that neither state money nor state facilities may be used for research purposes in which the destruction of a human embryo is involved. Nonembryonic, adult stem cell research is strongly encouraged under the Act, and funding for the grants comes from the state’s tobacco lawsuit settlement funds.

The grants were recommended by Nebraska’s Stem Cell Advisory Committee, which consists of deans of the medical schools at Creighton and UNMC as well as four scientists from outside of Nebraska.

According to Tom Murray, dean of research at Creighton University School of Medicine, the grant is also in accordance with Creighton’s policy against the destruction of human embryos. Researchers at Creighton plan to use the grant money to conduct research on stem cells in mice for the development of therapeutic strategies in the treatment of hearing loss. Researchers at UNMC intend to use the grant money to study human adult stem cells in the treatment of vision loss.

Bioheart Approved for Clinical Trial

Bioheart announced today that it has received U.S. FDA approval to begin testing it proprietary adult stem cell product, MyoCell SDF-1, for use in the treatment of heart failure. The Phase I clinical trial has a target enrollment of 15 patients and is scheduled to commence later this year.

MyoCell SDF-1 contains autologous (in which the donor and recipient are the same person) adult myogenic stem cells that are derived from each patient’s own thigh muscle and which are then genetically modified to produce specific growth factors (such as the cytokine known as stromal cell-derived factor-1) which are involved in the regeneration of muscle tissue. According to Howard Leonhardt, chairman and CEO of Bioheart, "To our knowledge, this will be the first clinical trial ever to test a combination gene and stem cell therapy for cardiovascular disease."

Headquartered in Florida and founded in 1999, Bioheart is focused on the development and commercialization of autologous adult stem cell therapies for the treatment of chronic and acute heart damage. As described on their website, "Our lead product candidate is MyoCell, an innovative clinical therapy designed to populate regions of scar tissue within a patient’s heart with autologous muscle cells, or cells from the patient’s body, for the purpose of improving cardiac function in chronic heart failure patients. The core technology used in MyoCell has been the subject of human clinical trials conducted over the last six years involving 95 enrollees and 76 treated patients. Our most recent clinical trials of MyoCell include the SEISMIC Trial, a completed 40-patient, randomized, multicenter, controlled, Phase II-a study conducted in Europe and the MYOHEART Trial, a completed 20-patient, multicenter, Phase I dose-escalation trial conducted in the United States."

Additionally, Bioheart has also been cleared by the U.S. FDA to proceed with its "MARVEL Trial" – a 330-patient, multicenter Phase II/III trial of MyoCell to be conducted in North America and Europe. Additional products in Bioheart’s pipeline include multiple candidates for the treatment of heart damage such as the Bioheart Acute Cell Therapy, a proprietary formulation of autologous adult stem cells derived from adipose tissue.

Osiris Announces Milestone Payment in Diabetes Treatment

Today Osiris Therapeutics announced a $750,000 milestone payment from the Juvenile Diabetes Research Foundation (JDRF) for progress in its Phase II clinical trial for the treatment of Type I diabetes. The clinical trial is testing the company’s proprietary product, Prochymal, which is formulated from adult mesenchymal stem cells (MSCs). The milestone payment was triggered when one-half of the patients were enrolled in the study, which has a target enrollment of 60 participants. Additionally, the clinical trial is now being expanded to include pediatric patients and is also conducting enrollment for patients between 12 and 35 years of age.

According to C. Randal Mills, Ph.D., president and CEO of Osiris, "We are proud to be working alongside the JDRF in this landmark trial to evaluate the role of mesenchymal stem cells in patients with Type I diabetes. Caring for kids with limited medical options is a very special part of life at Osiris and we take that responsibility seriously. The progress we are making in this clinical program is remarkable and would not be possible without our patients, clinical teams, and the FDA’s thoughtful and responsive assistance."

Osiris and the JDRF originally entered into the partnership in 2007, for the development of Prochymal as a therapy for Type I diabetes, especially in the early stages of the disease when it has been newly diagnosed.

One of the many autoimmune diseases, Type I diabetes is characterized by the body’s destruction of its own beta islet cells – the cells of the pancreas which produce insulin. Conventional medical therapies currently offer no known effective treatment for the disease, but adult stem cell therapy may now offer the first therapy which not only reverses the course of diabetes but also regenerates lost beta cells. MSCs were shown in a preclinical trial conducted by Genzyme to preserve beta cell function, and a number of other studies have also demonstrated that MSCs have the ability to generate new cells that resemble beta islet cells in morphology and function.

In addition to this Phase II clinical trial for Type I diabetes, Prochymal is also currently in Phase III clinical trials for acute steroid-refractory graft-versus-host-disease (GvHD), as well as Phase II clinical trials for the treatment of acute myocardial infarction, Crohn’s disease, and chronic obstructive pulmonary disease (COPD). Prochymal is the only stem cell product currently on the market which has been granted both Fast Track and Orphan status by both the U.S. FDA (Food and Drug Administration) and the European Medicines Agency. The MSCs contained in Prochymal are obtained from the bone marrow of healthy adult donors and are specially formulated according to a proprietary process for intravenous infusion. Osiris is also developing another adult stem cell product, Chondrogen, which is currently in clinical trials for the treatment of osteoarthritis of the knee.

A leader in adult stem cell therapies, Osiris Therapeutics is focused on the development of products for the treatment of inflammatory, orthopedic and cardiovascular diseases. In November of last year, Osiris formed a strategic alliance with the biotech company Genzyme that was valued at over $1.3 billion. In 2007, the two companies were awarded a $224.7 million contract from the U.S. Department of Defense for the development of Prochymal in the treatment of radiation sickness.

(Please see a number of related news articles on this website pertaining to Osiris Therapeutics, including, "Adult Stem Cells Treat Diabetes", dated June 29, 2009).