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Juventas Therapeutics Initiating Phase II Clinical Trial of JVS-100 for Treatment of Critical Limb Ischemia
Date:1/3/2011

with an exclusive license from the Cleveland Clinic, Juventas has secured more than $10 million in venture capital and grant funding to transition its therapeutic platform from concept to initiation of mid-stage clinical trials.  Investors include Triathlon Medical Venture Partners, Early Stage Partners, Fletcher Spaght Ventures, Reservoir Venture Partners, North Coast Angel Fund, X Gen Ltd., JumpStart Inc., and Blue Chip Venture Co. The company has received non-dilutive grant support through the Ohio Third Frontier funded Cleveland Clinic Ohio BioValidation Fund, Global Cardiovascular Innovation Center and Center for Stem Cell & Regenerative Medicine.

About JVS-100

 The company's lead product, JVS-100 encodes Stromal–cell Derived Factor 1 (SDF–1).  SDF-1 promotes tissue repair through recruitment of endogenous stem cells to the damaged organ, promotion of new blood vessel formation and prevention of ongoing cell death.  The SDF-1 repair pathway is well-conserved in a broad range of end organ systems, including the heart, vasculature, dermis, kidney, and eye.  JVS-100 is currently being clinically evaluated for treatment of heart failure and late stage peripheral vascular disease and has been shown to protect and repair tissue following organ–damage in a broad range of pre–clinical disease models. 

Contact:

Juventas Therapeutics, Inc.
Rahul Aras, Ph.D.
Email: Rahul@juventasinc.com
Phone: 216-445-0830
Website: www.juventasinc.com




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SOURCE Juventas Therapeutics, Inc.
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