New Research Demonstrates Safety of Cord-blood-derived Stem Cell Treatments

Published: September 2, 2010  |  Source: prnewswire.com
178

Beike Biotechnology and Medistem, Inc. Report on 114 Patients Treated With Novel Cord Blood Stem Cell Protocol; New Approach Opens Door to Expanded Uses of Cord Blood Stem Cells

SHENZHEN, China, Sept. 2 /PRNewswire-Asia/ — In a new peer-reviewed article published by the Journal of Translational Medicine, scientists from Beike Biotechnology ( http://www.beikebiotech.com/ ), China’s leading stem cell research and regenerative medicine company, and Medistem, Inc. (Pink Sheets: MEDS; http://www.medisteminc.com ), reported positive safety data in 114 patients who were treated by doctors at Nanshan Affiliated Hospital of Guangdong Medical College (Shenzhen Nanshan Hospital) in Shenzhen using Beike’s proprietary cord blood stem cell transplantation protocol.

The peer-reviewed paper is available at http://bit.ly/cBNBYt .

The report aims to serve as an “expanded Phase I” study, with efficacy data to be published in a subsequent paper. It describes biochemical, hematological, immunological, and general safety profiles of patients with neurological diseases who were observed from between one month to four years after treatment. No serious treatment-associated adverse effects were observed.

Dr. Wanzhang Yang, who led the study at Nanshan Affiliated Hospital of Guangdong Medical College commented, “This important study, which is the largest of its kind, demonstrates the safety and efficacy of using cord-blood-derived stem cells to treat a variety of neurological conditions. However, it also suggests cord-blood-derived stem cells are a safe and viable treatment option for a much broader range of diseases and conditions than previously thought.”

Because the protocol developed by Beike allows the use of cord blood stem cells without immune suppression, it can be made available to a wide patient population. Until now, patients receiving cord blood transplants to fight hematopoietic diseases were immune-suppressed in order to prevent a potentially devastating condition known as “graft versus host.” This new research challenges the necessity of that practice.

Medistem CEO Thomas Ichim stated, “It is an honor to collaborate with Beike on this seminal publication. The fact that Beike has been able to demonstrate safety of transplant by manipulating an established stem cell source is a substantial advancement for the field. These new findings could open up the use of cord blood for non-hematological diseases, something that to date has not been performed on a wide-spread basis.”

Dr. Travis Ye, Beike Biotech’s CEO, commented, “This groundbreaking research is consistent with the safety record we have compiled after providing stem cells for the treatment of more than 8,000 patients. It is our hope that studies and peer-reviewed articles such as this one will help strengthen our ties to the western medical and scientific research community by demonstrating that Beike’s stem cell protocols are both effective and safe.”

The study was conducted by a team of researchers from Beike, Medistem, Nanshan Affiliated Hospital of Guangdong Medical College, the University of Western Ontario (Canada), and University of California, San Diego.

About Beike Biotech:

Shenzhen Beike Biotechnology Co., Ltd. is China’s leading biotechnology company focusing on the production of adult stem cells for use in medical therapies. Headquartered in Shenzhen (near Hong Kong) with a flagship regenerative medicine facility at the China Medical City in Jiangsu province, Beike produces a full line of stem cell products derived from umbilical cord, cord blood and autologous bone marrow. Currently, the stem cell therapies supported by Beike treat a variety of different medical conditions: ataxia, brain injury, cerebral palsy, lower limb ischemia, lupus, multiple sclerosis, muscular dystrophy, spinal cord injury, and optic nerve pathologies.

About Medistem, Inc.:

Medistem Inc. is a biotechnology company developing technologies related to adult stem cell extraction, manipulation, and use for treating inflammatory and degenerative diseases. The company’s lead product, the endometrial regenerative cell (ERC), is a “universal donor” stem cell being developed for critical limb ischemia. A publication describing the support for use of ERC for this condition may be found at http://bit.ly/bQ80t0 .

Cautionary Statement:

This press release does not constitute an offer to sell or a solicitation of an offer to buy any of our securities. This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking information. Factors which may cause actual results to differ from our forward-looking statements are discussed in our Form 10-K for the year ended December 31, 2007 as filed with the Securities and Exchange Commission.

For more information, please contact:

Shenzhen Beike Biotechnology Company, Ltd.
T. Gutmann
Shenzhen Hi-Tech Industrial Park
Tel: +86-755-8630-9200
Email: info@beikebiotech.com
Web: http://www.beikebiotech.com

SOURCE Shenzhen Beike Biotechnology Company, Ltd.