NEW YORK, Oct. 8, 2012 (GLOBE NEWSWIRE) -- NeoStem, Inc. (NYSE    MKT:NBS), an emerging leader in the fast growing cell therapy    market, announced today that data from its collaborative    studies with the University of Michigan School of Dentistry    further expands the therapeutic potential of its proprietary    regenerative cell therapy product, "VSELSTM" (very    small embryonic-like stem cells), by demonstrating bone    regeneration capabilities in a study published online ahead of    print1 in the journal Stem Cells and    Development (DOI: 10.1089/scd.2012.0327). The paper    highlights that human VSEL stem cells form human bone when    implanted in the bone tissue of SCID mice.  
    VSELs are a population of stem cells found in adult bone marrow    with potential regenerative properties similar to those of    embryonic stem cells. NeoStem has shown that these cells can be    mobilized into the peripheral blood, enabling a minimally    invasive means for collecting what NeoStem believes to be a    population of stem cells that have the potential to achieve the    positive benefits associated with embryonic stem cells without    the ethical or moral dilemmas or the potential negative effects    known to be associated with embryonic stem cells.  
    This published controlled study, funded by NIH and led by Dr.    Russell Taichman, Major Ash Collegiate Professor and    Co-Director of the Scholars Program in Dental Leadership    Department of Periodontics & Oral Medicine, University of    Michigan and Dr. Aaron Havens, Department of Orthodontics and    Pediatric Dentistry at University of Michigan, involved    isolating G-CSF mobilized VSEL stem cells from the blood of    healthy donors and transplanting them into burr holes made in    the cranial bones of SCID mice. After three months, it was    observed that the implanted VSEL stem cells had differentiated    into human bone tissue in the crania of the mice. Dr. Taichman    stated, "I believe this work represents a true partnership    between Industry and Academic Institutions. Our findings that    VSEL cells can generate human bone in animals would not have    been feasible without the help and vision that Dr. Denis    Rodgerson and his team at NeoStem brought to the table. It was    my privilege to have been a part of this collaborative effort,    and I see the resulting data as a significant milestone in stem    cell therapy development. It is truly inspiring."  
    Dr. Robin Smith, Chairman and CEO of NeoStem, added, "This is    very exciting data that we believe will be the foundation for    future VSEL stem cell studies of bone regeneration in humans.    We look forward to moving the development work from the    laboratory into the clinic to develop a therapeutic stem cell    product to enhance bone formation in humans."  
    About NeoStem, Inc.  
    NeoStem, Inc. continues to develop and build on its core    capabilities in cell therapy, capitalizing on the paradigm    shift that we see occurring in medicine. In particular, we    anticipate that cell therapy will have a significant role in    the fight against chronic disease and in lessening the economic    burden that these diseases pose to modern society. We are    emerging as a technology and market leading company in this    fast developing cell therapy market. Our multi-faceted business    strategy combines a state-of-the-art contract development and    manufacturing subsidiary, Progenitor Cell Therapy, LLC ("PCT"),    with a medically important cell therapy product development    program, enabling near and long-term revenue growth    opportunities. We believe this expertise and existing research    capabilities and collaborations will enable us to achieve our    mission of becoming a premier cell therapy company.  
    Our contract development and manufacturing service business    supports the development of proprietary cell therapy products.    NeoStem's most clinically advanced therapeutic, AMR-001, is    being developed at Amorcyte, LLC ("Amorcyte"), which we    acquired in October 2011. Amorcyte is developing a cell therapy    for the treatment of cardiovascular disease and is enrolling    patients in a Phase 2 trial to investigate AMR-001's efficacy    in preserving heart function after a heart attack. Athelos    Corporation ("Athelos"), which is approximately 80%-owned by    our subsidiary, PCT, is collaborating with Becton-Dickinson in    the early clinical exploration of a T-cell therapy for    autoimmune conditions. In addition, pre-clinical assets include    our VSELTM Technology platform as well as our    mesenchymal stem cell product candidate for regenerative    medicine. Our service business and pipeline of proprietary cell    therapy products work in concert, giving us a competitive    advantage that we believe is unique to the biotechnology and    pharmaceutical industries. Supported by an experienced    scientific and business management team and a substantial    intellectual property estate, we believe we are well positioned    to succeed.  
    Forward-Looking Statements for NeoStem, Inc.  
    This press release contains forward-looking statements within    the meaning of the Private Securities Litigation Reform Act of    1995. Forward-looking statements reflect management's current    expectations, as of the date of this press release, and involve    certain risks and uncertainties. Forward-looking statements    include statements herein with respect to the successful    execution of the Company's business strategy, including with    respect to the Company's or its partners' successful    development of AMR-001 and other cell therapeutics, the size of    the market for such products, its competitive position in such    markets, the Company's ability to successfully penetrate such    markets and the market for its CDMO business, and the efficacy    of protection from its patent portfolio, as well as the future    of the cell therapeutics industry in general, including the    rate at which such industry may grow. Forward looking    statements also include statements with respect to satisfying    all conditions to closing the disposition of Erye, including    receipt of all necessary regulatory approvals in the PRC. The    Company's actual results could differ materially from those    anticipated in these forward- looking statements as a result of    various factors, including but not limited to (i) the Company's    ability to manage its business despite operating losses and    cash outflows, (ii) its ability to obtain sufficient capital or    strategic business arrangement to fund its operations,    including the clinical trials for AMR-001, (iii) successful    results of the Company's clinical trials of AMR-001 and other    cellular therapeutic products that may be pursued, (iv) demand    for and market acceptance of AMR-001 or other cell therapies if    clinical trials are successful and the Company is permitted to    market such products, (v) establishment of a large global    market for cellular-based products, (vi) the impact of    competitive products and pricing, (vii) the impact of future    scientific and medical developments, (viii) the Company's    ability to obtain appropriate governmental licenses and    approvals and, in general, future actions of regulatory bodies,    including the FDA and foreign counterparts, (ix) reimbursement    and rebate policies of government agencies and private payers,    (x) the Company's ability to protect its intellectual property,    (xi) the company's ability to successfully divest its interest    in Erye, and (xii) matters described under the "Risk Factors"    in the Company's Annual Report on Form 10-K filed with the    Securities and Exchange Commission on March 20, 2012 and in the    Company's other periodic filings with the Securities and    Exchange Commission, all of which are available on its website.    The Company does not undertake to update its forward-looking    statements. The Company's further development is highly    dependent on future medical and research developments and    market acceptance, which is outside its control.  
    (1) Human Very Small Embryonic-Like Cells Generate Skeletal    Structures, In Vivo. Havens A., et al., Stem Cells    and Development.  
Read more:
NeoStem Announces Very Small Embryonic-Like Cells (VSEL(TM)) Publication in Stem Cells and Development