Stemedica Cell Technologies, Inc is a clinical-stage biopharmaceutical company focused on the development and commercialization of progenitor cell and protein therapeutics for underserved medical conditions. The company has developed a proprietary manufacturing technology platform that produces allogeneic progenitor cell products with intellectual property protection under a low-oxygen, low-tension environment in a cGMP-compliant manufacturing facility. The company's lead drug candidate, ischemia-tolerant mesenchymal stem cells, or itMSCs, is an allogeneic progenitor cell therapy currently in clinical development for the treatment of ischemic stroke and Alzheimer’s disease. The company’s second drug candidate, ischemia-tolerant neural progenitor cells, or itNSCs, is an allogeneic cell therapy currently in development for spinal cord injury. Additionally, Stemedica is developing progenitor multi-cell therapy (itMSCs and itNSCs) for ischemic stroke and progenitor cell and protein combination therapy for Alzheimer’s disease. The company's last investment was a $22.00M Series B investment at 31 December 2009. Stemedica's innovative approach and promising drug candidates demonstrate potential for addressing significant unmet medical needs in the biotechnology and healthcare industries. For more information, visit www.stemedica.com
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series B | $22.00M | - | 31 Dec 2009 | |
Series A | $45.00M | - | 20 May 2008 |
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