Here are five takeaways:
1. MC001 is a regenerative cell therapy drug designed to treat spinal cord injuries.
2. StemCyte has proven MC001 is efficacious, safe and well tolerated in a phase 2 trial in China.
3. Dr. Wise Young of Rutger’s University in Kunming, China, led the phase 2 trial to test the regenerative drug’s safety and efficacy.
4. Various centers in New Jersey will be a part of the phase 2 U.S. study. StemCyte aims to introduce the new treatment option in early 2019.
5. “This is a great achievement by the StemCyte team. As a leading regenerative cell therapy company, the success of the MC001 will put StemCyte in the central position in the emerging stem cell application markets,” said Jonas Wang, StemCyte’s CEO and chairman.
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