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VistaGen, WARF sign license agreement for human embryonic stem cell technology
Date:12/18/2008

an embryonic stem cell technologies as next-generation tools for drug discovery and development in the pharmaceutical industry strongly complements our ongoing efforts to support growth of the human ES cell industry." He notes this licensing agreement with VistaGen demonstrates that commercial interest in human embryonic stem cells remains strong.

In 2009, VistaGen expects to launch a new era of R&D productivity in the pharmaceutical industry, an era driven by clinically relevant, commercially scalable, human biology-based screening systems capable of predicting the safety and efficacy of new drugs in ways never before possible. The company plans to use predictive information from its stem cell-based "Clinical Trials in a Test Tube" to increase the efficiency of identifying effective drug candidates and reduce clinical trial failures, especially failures due to heart or liver toxicity. VistaGen expects its next-generation stem cell-based human systems biology platform to dramatically enhance the pharmaceutical industry's ability to deliver innovative drugs for some of the world's most challenging diseases and conditions.


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Contact: Janet L. Kelly
jkelly@warf.org
608-890-1491
University of Wisconsin-Madison
Source:Eurekalert

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