Stempeutics gets patent for stem cell drug Stempeucel from US Patent and Trademarks Office

Published On 2019-11-03 04:25 GMT   |   Update On 2021-08-17 06:36 GMT

"The US patent is for the method of treating ischemia by administering pooled allogeneic mesenchymal stromal cells," Stempeutics Research said in a statement.


New Delhi: Biotech firm Stempeutics Research on Friday said United States Patent and Trademarks Office (USPTO) has granted a patent to the company for its innovative stem cell drug Stempeucel for treating Critical Limb Ischemia. Critical Limb Ischemia is a severe blockage in the arteries which results in reduced blood flow which in turn may result in a poor quality of life with a high risk of leg amputation and death.


"The US patent is for the method of treating ischemia by administering pooled allogeneic mesenchymal stromal cells," Stempeutics Research said in a statement.


Stempeucel is derived from allogeneic pooled mesenchymal stromal cells extracted from the bone marrow of healthy, adult voluntary donors, it added.


Read Also: Cipla, Stempeutics ink licensing deal for Stempeucel-DFU to treat a diabetic foot ulcer


"This very important patent comes at the right time, just ahead of our planned Pre-Investigational New Drug Application (PreIND) meeting with the United States Food and Drug Administration (USFDA)," Stempeutics CEO B N Manohar said.


The patent is being granted by USPTO is a strong recognition for Stempeutics for its sustained excellence of scientific and clinical work and underscores the global leadership in allogeneic, pooled MSC technology, he added.


Stempeutics Research, a group company of Manipal Education and Medical Group, seeks to develop novel stem cell drugs addressing major unmet medical needs.


Read Also: Manipal Group Stempeutics, Kemwell strike a deal worth Rs 95 crore for global commercialisation of Stempeucel

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Article Source : PTI

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