Following US, EU, Russia and South Korean approval, Cellect Technology Patent has now also been approved in Japan and Australia
Patent Covers First-in-kind Devices Using Cellect's Flagship Technology, the Apograft™ Which Is Intended to Replace High-cost and Complex Processes Used Today in Stem Cell Isolation
Devices using ApoGraft are aimed for a wide range of medical applications such as Bone Marrow Transplants, Diabetes, Inflammatory Bowel Disease, Graft-versus-Host Disease, and many others
TEL AVIV, Israel/PRNewswire/ -- Cellect Biotechnology Ltd. (Nasdaq: APOP), a developer of novel stem cell production technology, announced today that it has received a formal Notice of Allowance from the Japanese and Australian Offices for Patents & Trademarks (Japanese Application No. 2014-560516; Australian Application No. 20132s29008) covering a key composition of matter and method of use of Cellect's ApoGraft technology in devices for stem cell selection.
The current patent significantly enhances Cellect's protection of its core technology and its commercial applications by covering the various devices using the ApoGraft for a positive selection of stem cells.
The device can enable cell selection in a simplified and affordable setting using an off-the-shelf product - a solution that currently does not exist and potentially covering a wide range of unmet medical needs. Furthermore, it brings a first in kind method for obtaining of raw material (specific cell types) for many of the cell therapeutics and therefore is anticipated to take a pivotal role in the fast growing cell therapy market.
"Japan and Australia are among the most advanced healthcare systems in the world especially for cell therapies and very important markets. As country regulators are fast-tracking stem cell therapies, we see partnering opportunities with Japanese and Australian healthcare sector companies and researchers. Combined with recent clinical and product developments, we believe this will position Cellect to meet the needs of the ever-growing Cell Therapy Industry. Working with partners to improve the safety and efficacy of stem cells and expanding regenerative medicine's wide scale availability and affordability are cornerstones of Cellect's strategy. Our growing IP estate supports this purpose," stated Cellect CBO, Andrew Sabatier.
The devices covered by the patent are essentially containers (a bag, column, tube, bottle, vial or flask) comprised of a biocompatible material and a biologically active cell surface apoptosis-inducing ligand immobilized to a surface that is adapted for cell selection by elimination of apoptosis-sensitive cells. Specifically, the patent protects the company's planned devices and any devices planned by other companies adapted for selection of cells that are resistant to receptor-mediated apoptosis and a method for using the device.
Forward Looking Statements
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Contact:
Cellect Biotechnology Ltd.
Eyal Leibovitz, Chief Financial Officer
http://www.cellect.co
+972-9-974-1444
