"This licensing agreement is an important achievement for CDI as we move towards expanding our product line to include hepatocytes," added Chris Parker, Chief Commercial Officer of CDI. "The availability of these liver cells will provide pharmaceutical companies with a reliable source of well-characterized, highly reproducible and readily available human hepatocytes for preclinical drug discovery, hepatotoxicity testing, and disease research."
Terms of the licensing agreement were not disclosed.
About ViaCyte, Inc.
ViaCyte is a preclinical therapeutic company focused on diabetes. Our therapy is based on pancreatic beta cell progenitors (Pro-Islet™) derived from human pluripotent stem cells. These cells are implanted using a durable and retrievable encapsulation device. Once implanted and matured, these cells secrete insulin in response to blood glucose levels. The Company's goal is long term insulin independence without immune suppression, and without hypoglycemia and other diabetes-related complications.
ViaCyte is a private company headquartered in San Diego, California, with additional operations in Athens, Georgia. The Company is funded in part through the support of the California Institute for Regenerative Medicine.
This news release may contain forward-looking statements made pursuant to the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995.
About Cellular Dynamics International, Inc.
Cellular Dynamics International, Inc. (CDI) is a leading developer of next-generation stem cell technologies for drug developme
|SOURCE Cellular Dynamics International, Inc.|
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