Published:
Stem Cell Innovations Makes Their Human Embryonic Germ Cell Platform Commercially Available in Europe
At Bio2006 Stem Cell Innovations, Inc. (OTC BB: SCLL) announced today that the Company will commercialize their proprietary
platform of human pluripotent stem cells in Europe through their newly
established European R & D facility in Leiden, the Netherlands.
CEO Dr. James Kelly recently disclosed that SCI has produced multiple lines
of human pluripotent stem cells. These cell lines are able to maintain
their undifferentiated state and normal chromosome complement. The cells
are produced without feeder layers (xenofree). The company is able to
efficiently develop multiple lines, the first step in creating banks of
cells that can be matched to patients in cell therapies.
To be able to serve the European market and to make the cells available to
both scientists in Academia and the European Pharma and Biotech industry,
SCI will produce stem cell lines in Leiden as well as in Houston, Texas.
About Stem Cell Innovations, Inc.
Stem Cell Innovations, through its wholly owned subsidiary, Amphioxus Cell
Technologies, which is based in Houston, Texas, is a cell biology company.
It utilizes its proprietary C3A human liver cell line in the field of drug
discovery and toxicology testing and is also engaged in the development and
production of its proprietary PC(TM) pluripotent stem cells. These human
cell-based disease models create a platform for the discovery, testing and
development of all therapeutic modalities including small molecules,
cell-based therapeutics, small interfering RNAs and antibodies.
www.stemcellinnovations.com
This report contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended. The Private Securities
Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking
statements. Forward-looking statements are not statements of historical
facts, but rather reflect our current expectations concerning future events
and results. We use words such as "expects," "intends," "believes," "may,"
"will" and "anticipates" to indicate forward-looking statements. Because
these forward-looking statements involve risks and uncertainties, there are
important factors that could cause actual results to differ materially from
those expressed or implied by these forward-looking statements, including,
but not limited to, those risks and uncertainties detailed in the Company's
periodic reports filed with the Securities and Exchange Commission. We
caution that these risk factors may not be exhaustive. We operate in a
continually changing business environment, and new risk factors emerge from
time to time. We cannot predict these new risk factors, nor can we assess
the effect, if any, of the new risk factors on our business or the extent
to which any factor or combination of factors may cause actual results to
differ from those expressed or implied by these forward-looking statements.
If any one or more of these expectations and assumptions proves incorrect,
actual results will likely differ materially from those contemplated by the
forward-looking statements. Even if all of the foregoing assumptions and
expectations prove correct, actual results may still differ materially from
those expressed in the forward-looking statements as a result of factors we
may not anticipate or that may be beyond our control. While we cannot
assess the future impact that any of these differences could have on our
business, financial condition, results of operations and cash flows or the
market price of shares of our common stock, the differences could be
significant. We do not undertake to update any forward-looking statements
made by us, whether as a result of new information, future events or
otherwise. You are cautioned.
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Tags: ,Pharmaceuticals and Biotech:Biotech, PharmaceuticalsandBiotech:Drugs, ,IL,CHICAGO, IL
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