Monday, February 23, 2015

Chiesi gains a pioneering marketing OK for Stem Cell Therapy in Euro-Nations

The European Commission has waved through the continent's first stem cell therapy, providing conditional marketing approval for what is essentially a new lens that can be fashioned out of a patient's own cells and used to restore sight in people whose eyes have been severely damaged.
Italy's Chiesi now can begin the process of selling the treatment, dubbed Holoclar, 7 long years after gaining an orphan drug designation and more than 15 years after establishing a proof of concept for the treatment method. Holoclar will be made by a company called Holostem, a spinout from the University of Modena which Chiesi backed to develop a qualified manufacturing operation that could win over regulators to the complex technology.
Thousands of people in Europe may benefit from this treatment, which will be closely monitored by health officials under the conditional OK that was granted.
Eyes damaged by burns or chemicals can lose their ability to regenerate the corneal surface of the eye, a process that naturally occurs in undamaged eyes every few months. With Holoclar, physicians can harvest some of the remaining cells required for this regeneration and construct a patch that can be used to repair the damage. And because these are autologous cells (from the patient), Chiesi can do this without spurring a rejection.

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