Monday, May 9, 2016

Cellect granted Canadian patent for its Stem Cell selection technology

TEL AVIV, Israel,  Cellect Biomed Ltd. a developer of innovative technology that enables the functional selection of stem cells, announced today that it has been granted a patent for its technology platform for cell selection from the Canadian Intellectual Property Office.
The patent protects the usage of apoptosis-inducing materials for the destruction of cells that inhibit the receipt of bone marrow grafts.  With patents already issued in the United States, Europe, India and Israel, this Canadian patent expands Cellect’s already formidable intellectual property estate.
Dr. Shai Yarkoni, the Company's CEO, noted: "Our business model is based not only on our internal development of new products for various medical needs, but also on collaborations and out-licenses of our technology to companies and research institutions in the field.  Accordingly, as awareness and acceptance of our ground-breaking technology platform continues to grow amongst physicians, patients, researchers and potential partners, it is vital this opportunity is well protected.”
Cellect is making final preparations for the planned launch of its first clinical trial in leukemia patients, following the receipt of IRB approval from the Rambam Hospital. The trial will be conducted in the bone marrow transplantation (“BMT”) unit and led by Clinical Assistant Professor Zila Zuckerman, the Director of the unit, subject to the approval of the Israeli Ministry of Health.
The trial is a first of its kind in leukemia patients in need of bone marrow transplantation. In the clinical trial, the BMT process will be performed at the Rambam Hospital in leukemia patients using Cellect's cell selection technology, "Cellect Inside".

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