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News from Yahoo!
Finance Dec. 06, 2006
Investigator
in Phase I Clinical Trial for Batten Disease to Present at Lysosomal
Disease Network World Symposium
Wednesday December 6, 7:30 am ET
Dr. Robert Steiner to Outline Pre-Clinical Rationale and Clinical
Trial Protocol
PALO ALTO, Calif.--(BUSINESS WIRE)--Robert D. Steiner, M.D.,
F.A.A.P., F.A.C.M.G., will present at the
Third Annual Lysosomal Disease Network World Symposium at 1:30
p.m. EST on Friday, December 8, 2006. This year's World Symposium
will be held December 7-9, 2006 at Walt Disney World in Orlando,
Florida.
Dr. Steiner is a lead investigator in the Phase I clinical trial
sponsored by
StemCells, Inc., (NASDAQ: STEM - News) which is designed to
evaluate the safety and preliminary efficacy of HuCNS-SC(TM) as a
treatment for infantile and late infantile neuronal ceroid
lipofuscinosis (NCL). NCL, often referred to as
Batten disease, is a rare and fatal neurodegenerative condition
afflicting infants and children. Dr. Steiner's presentation,
entitled "A Phase 1 Clinical Study of Human CNS Stem Cells (HuCNS-SC(TM))
in Patients with Neuronal Ceroid Lipofuscinosis", will highlight the
rationale and pre-clinical data that suggest transplanting human
neural stem cells may lead to a possible treatment for NCL. The
first transplantation of HuCNS-SC into a patient in the trial took
place November 14, 2006 at
Oregon Health &
Science University's (OHSU)
Doernbecher
Children's Hospital.
Dr. Steiner is vice chairman of pediatric research and head of the
Division of Metabolism at Doernbecher Children's Hospital, and
professor of Pediatrics and Molecular & Medical Genetics at OHSU
School of Medicine. In addition to Dr. Steiner, the Phase I clinical
trial is being led by Nathan Selden, M.D., Ph.D., F.A.C.S., F.A.A.P.,
Campagna Associate Professor of Pediatric Neurological Surgery and
head of the Division of Pediatric Neurological Surgery, Doernbecher
and OHSU School of Medicine and Thomas K. Koch, M.D., F.A.A.P.,
F.A.A.N., director of Pediatric Neurology and professor of
Pediatrics and Neurology at Doernbecher and OHSU School of Medicine.
About Neuronal Ceroid Lipofuscinosis (Batten Disease)
Neuronal ceroid lipofuscinosis is a rare and fatal neurodegenerative
disorder brought on by inherited genetic mutations. The disorder
afflicts infants and young children, and the three most common forms
of NCL--infantile, late infantile and juvenile onset--are often
referred to as Batten disease. All forms have the same basic
cause--lack of a lysosomal enzyme--and have similar progression and
outcome. Children with NCL suffer seizures, progressive loss of
motor skills, sight and mental capacity, eventually becoming blind,
bedridden and unable to communicate.
In infantile and late infantile NCL, the disorder is brought on by
inherited mutations in the CLN1 gene, which codes for
palmitoyl-protein thioesterase 1 (PPT1) or in the CLN2 gene, which
codes for tripeptidyl peptidase I (TPP-I), respectively. The
consequence of these gene mutations is either a defective or missing
enzyme that leads to accumulation of lipofuscin-like fluorescent
inclusions in various cell types. These non-degraded lysosomal
substrates accumulate to the point of interference with normal
cellular and tissue function, and ultimately lead to the
pathological manifestations of the disease. One way to treat the
disease is to provide the brain with a replacement source of
functional enzyme that can be taken up by the enzyme-deficient cells.
About
HuCNS-SC(TM)
StemCells' human neural stem cells (HuCNS-SC) are a cell-based
therapeutic prepared under controlled conditions. When HuCNS-SC are
transplanted into the brain of a mouse model developed to mimic the
human form of infantile NCL, the cells spread throughout the brain
and produce the missing lysosomal enzyme. The enzyme level increases
and continues to do so over time after the transplant. Thus,
placement of HuCNS-SC in appropriate places in the brain provides
the prospect of long-term delivery of the missing lysosomal enzyme.
In laboratory studies, HuCNS-SC also produces the lysosomal enzyme
missing in late infantile NCL, the other subtype being studied in
the clinical trial. The production of both enzymes by HuCNS-SC
provides a scientific rationale for enzyme replacement and cellular
rescue in these two subtypes of NCL.
About the Clinical Trial
The Phase I trial is designed to evaluate the safety and preliminary
efficacy of HuCNS-SC as a treatment of infantile and late infantile
NCL. The trial is open label with two dose cohorts, and is expected
to enroll six patients. Potential patients will be tested for
eligibility and then evaluated for baseline disease status prior to
transplantation of HuCNS-SC. In addition to measuring the safety of
HuCNS-SC, patients enrolled in the study will be evaluated with
standardized measures of development, cognition, behavior and
language for one year following transplantation.
About StemCells, Inc.
StemCells, Inc. is a clinical-stage biotechnology company focused on
the discovery, development and commercialization of cell-based
therapeutics to treat diseases of the nervous system, liver and
pancreas. The Company's programs seek to repair or repopulate neural,
liver or other tissue that has been damaged or lost as a result of
disease or injury. StemCells is the first company to directly
identify and isolate human neural stem cells from normal brain
tissue. These cells are expandable into cell banks for therapeutic
use, which offers the potential of using normal, non-genetically
modified cells as cell-based therapies. StemCells has approximately
40 U.S. and 100 non-U.S. patents. Further information about the
Company is available on its Web site at www.stemcellsinc.com.
About OHSU
Oregon Health & Science University is Oregon's only health and
research university and its only academic health center. As
Portland's largest employer and the fourth largest employer in
Oregon (excluding government), OHSU's size contributes to its
ability to provide many services and community support activities
not found anywhere else in the state. It serves more than 184,000
patients, and is a conduit for learning for more than 3,900 students
and trainees. OHSU is the source of more than 200 community outreach
programs that bring health and education services to each county in
the state.
As a leader in research, OHSU earns $274 million annually in
research funding. The institution serves as a catalyst for the
region's bioscience industry and is an incubator of discovery,
averaging one new breakthrough or innovation every four days. OHSU
disclosed 101 inventions in 2005 alone and has helped start 57 new
spin-off companies, most of which are based in Oregon.
About Doernbecher Children's Hospital
Doernbecher Children's Hospital, an integral part of Oregon Health &
Science University, is a world-class academic health center that
each year cares for more than 56,000 patients from across the United
States. In the most patient- and family-centered environment,
children from all corners of the country receive outstanding cancer
treatment, specialized neurology care, highly sophisticated heart
surgery, and care in many other pediatric specialties. In addition
to multiple locations in the Portland metropolitan area,
Doernbecher's pediatric experts travel around Oregon and southwest
Washington providing pediatric specialty care through 13 outreach
clinics.
Apart from statements of historical facts, the text of this press
release constitutes forward-looking statements regarding, among
other things, the future business operations of StemCells, Inc. (the
"Company") and its ability to conduct clinical trials as well as its
research and product development efforts. The forward-looking
statements speak only as of the date of this news release. StemCells
does not undertake to update any of these forward-looking statements
to reflect events or circumstances that occur after the date hereof.
Such statements reflect management's current views and are based on
certain assumptions that may or may not ultimately prove valid. The
Company's actual results may vary materially from those contemplated
in the forward-looking statements due to risks and uncertainties to
which the Company is subject, including uncertainty whether results
obtained in the animal models and in vitro studies of infantile NCL
or other diseases and conditions will be able to be translated into
treatment for humans; uncertainty as to whether HuCNS-SC will prove
safe in the current clinical trial; uncertainty as to whether the
current trial will provide any information about the possible
efficacy of HuCNS-SC in treating NCL; uncertainty as to whether the
FDA or other applicable regulators or review boards will permit the
Company to continue clinical testing in NCL or in future clinical
trials of proposed therapies for other diseases or conditions
despite the novel and unproven nature of the Company's technology;
uncertainties regarding the timing and duration of any clinical
trials; uncertainties regarding the Company's ability to obtain the
increased capital resources needed to continue its current research
and development operations and to conduct the research, preclinical
development and clinical trials necessary for regulatory approvals;
uncertainty regarding the validity and enforceability of the
Company's patents; uncertainty as to whether HuCNS-SC and any
products that may be generated in the future in the Company's
research and development programs will prove safe and clinically
effective and not cause tumors or other side effects; uncertainty as
to whether the Company will achieve revenues from product sales or
become profitable; and other factors that are described under the
heading "Risk Factors" in Item 1A of the Company's Annual Report on
Form 10-K.
Contact:
Company Contact:
StemCells, Inc., 650-475-3100 ext. 105
Rodney Young
Chief Financial Officer
or
Media Contact:
Schwartz Communications, Inc., 781-684-0770
stemcells@schwartz-pr.com
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