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CellCyte Genetics Signs Collaborative Agreement With Northwestern University's Feinberg School of Medicine to Perform Disease Model Outcome Study of CellCyte's CCG-TH30 Product Candidate
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Bothell (euro adhoc) - May 28 -- CellCyte Genetics Corporation (CellCyte) (OTC Bulletin Board: CCYG) has entered into a collaborative research agreement with Northwestern University's Feinberg School of Medicine to perform an acute myocardial infarction (AMI) disease model study in mice using CellCyte's CCG-TH30 product candidate. The goal of the study is to evaluate the functional benefit of the CCG-TH30 therapy in a disease model outcome study representative of the AMI (heart attack) indication. Douglas W. Losordo, M.D., a leader in cardiovascular cell therapy research and Director of Feinberg Cardiovascular Research Institute, will serve as the principal investigator on the study.
@@start.t2@@"We are extremely pleased to collaborate with Dr. Losordo, as he is one of the preeminent leaders in cardiovascular regenerative medicine," said Ronald W. Berninger, Ph.D., CellCyte's Chief Scientific Officer. "This is another important collaboration for our program, as it allows us to evaluate the functional outcome benefit of the CCG-TH30 therapy as compared to standard cell therapies where delivery agents aren't used."
About Douglas W. Losordo, M.D.
Dr. Losordo is a cardiologist at Northwestern Memorial Hospital and is the
Director of Cardiovascular Regenerative Medicine and the Feinberg Cardiovascular
Research Institute, both at Northwestern Memorial Hospital. He is board
certified in Cardiovascular Disease, Internal Medicine, and Interventional
Cardiology. Dr. Losordo is a member of the Northwestern Memorial Faculty
Foundation, and his clinical interests include gene therapy, stem cell
transplant, regenerative medicine and angiogenesis. He has preclinical expertise
in animal models of cardiac disease, as well as preclinical and clinical
expertise in stem cell therapy for cardiac regeneration. In recognition of his
continued and outstanding achievements, Northwestern University's Feinberg
School of Medicine named Dr. Losordo the Eileen M. Foell Professor of Heart
Research in May 2007. He is a fellow of the American College of Cardiology, the
American Heart Association, the American Association for the Advancement of
Science, the American College of Physicians, the American College of Chest
Physicians, and the Society for Cardiac Interventions and Angiography.
About Feinberg Cardiovascular Research Institute at Northwestern University
Originally established in 1988, the Feinberg Cardiovascular Research
Institute is dedicated to pursuing an understanding of the fundamental molecular
and cellular processes underlying cardiovascular disease, the largest
contributor to morbidity and mortality in the United States. The mission of
Feinberg Cardiovascular Research Institute is to improve the quality of human
life through creative basic and translational research in cardiovascular
disease, and to build a legacy of outstanding scholarship, scientific
achievement, and therapeutic discovery. Investigators at Feinberg Cardiovascular
Research Institute are exploring complex problems in modern cardiovascular
research, including basic cellular signaling pathways and their contributions to
disease, the use of stem cells in regenerative medicine, and diagnostic and
imaging technologies critical to patient care.
About CellCyte Genetics
CellCyte Genetics Corporation is a biotechnology company engaged in the
discovery, development and commercialization of stem cell enabling therapeutic
products. CellCyte is developing products designed to allow more efficient
delivery and increased retention of adult stem cells to diseased organs, such as
the heart. The goal of these therapies is to increase the number of stem cells
delivered to a damaged organ, thereby markedly increasing organ healing and
functional restoration. The Company's lead product in development,
CCG-TH30, is designed to send autologous bone marrow-derived (adult) stem cells
to the heart of patients after a heart attack.
For further information see: www.cellcyte.com .
Symbol: OTCBB - CCYG; Frankfurt/Berlin Symbol - LK6 WKN. No.: A0MLCV.
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FORWARD-LOOKING STATEMENTS. RISKS AND UNCERTAINTIES FOR THE COMPANY INCLUDE, BUT ARE NOT LIMITED TO, THE RISKS ASSOCIATED WITH THE RESEARCH AND DEVELOPMENT OF CCG-TH30. OTHER RISKS INCLUDE RISKS ASSOCIATED WITH THE REGULATORY APPROVAL PROCESS, COMPETITIVE PRODUCTS AND COMPANIES, AND THE COMPANY'S ABILITY AND LEVEL OF SUPPORT FOR ITS RESEARCH AND DEVELOPMENT ACTIVITIES. THERE CAN BE NO ASSURANCE THAT THE COMPANY'S DEVELOPMENT EFFORTS WILL SUCCEED AND THE COMPANY WILL ULTIMATELY ACHIEVE COMMERCIAL SUCCESS. THESE FORWARD-LOOKING STATEMENTS ARE MADE AS OF THE DATE OF THIS NEWS RELEASE, AND THE COMPANY ASSUMES NO OBLIGATION TO UPDATE THE FORWARD-LOOKING STATEMENTS, OR TO UPDATE THE REASONS WHY ACTUAL RESULTS COULD DIFFER FROM THOSE PROJECTED IN THE FORWARD-LOOKING STATEMENTS. ALTHOUGH THE COMPANY BELIEVES THAT THE BELIEFS, PLANS, EXPECTATIONS, AND INTENTIONS CONTAINED IN THIS NEWS RELEASE ARE REASONABLE, THERE CAN BE NO ASSURANCE THOSE BELIEFS, PLANS, EXPECTATIONS, OR INTENTIONS WILL PROVE TO BE ACCURATE. INVESTORS SHOULD CONSIDER ALL OF THE INFORMATION SET FORTH HEREIN AND SHOULD ALSO REFER TO THE RISK FACTORS DISCLOSED IN THE COMPANY'S PERIODIC REPORTS FILED FROM TIME-TO-TIME WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION, INCLUDING THE COMPANY'S MOST RECENT REPORTS ON FORM 10-KSB AND FORM 10-Q. THIS NEWS RELEASE HAS BEEN PREPARED BY MANAGEMENT OF THE COMPANY WHO TAKE FULL RESPONSIBILITY FOR ITS CONTENTS. EACH OF THE NASD, THE SEC AND THE OTCBB NEITHER APPROVES NOR DISAPPROVES OF THE CONTENTS OF THIS NEWS RELEASE.
SOURCE CellCyte Genetics Corporation
/Web site: http://www.cellcyte.com /
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ots Originaltext: CellCyte Genetics Corporation
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