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Stemedica Enters into Stem Cell Licensing Agreement with Kalbe Farma
Date:4/25/2013

tiawan’s belief that stem cells and regenerative medicine represent the future of medicine. According to Dr. Setiawan, “Our scientists and researchers have thoroughly evaluated worldwide stem cell manufacturers. We have chosen to license Stemedica products based upon the quality of their cGMP manufacturing and the unique attributes of their ischemia tolerant stem cells. Their ability to scale production to treat hundreds of thousands of patients from a single tissue donation is in keeping with our objective as a pharmaceutical company: to bring a safe, effective, off-the-shelf solution to millions of people in Southeast Asia suffering from disease.”

Nikolai Tankovich, MD, PhD, President and Chief Medical Officer of Stemedica noted, “We are honored to be associated with a company of Kalbe’s caliber; a company that strictly adheres to the ethical and regulatory guidelines in medicine.”

Addressing the significance of the collaboration, Maynard Howe, PhD, Stemedica’s Vice-Chairman and Chief Executive Officer noted, “Our agreement with Kalbe is in keeping with our corporate strategy of partnering with global and regional pharmaceutical companies that are committed to licensing our multiple stem cell products for use in approved clinical trials. We are extremely pleased to have a strong partner such as Kalbe for Southeast Asia.”

About Stemedica Cell Technologies, Inc.
Stemedica Cell Technologies, Inc. is a specialty bio-pharmaceutical company that is committed to the manufacturing and development of best-in-class allogeneic adult stem cells and stem cell factors for use by approved research institutions and hospitals for pre-clinical and clinical (human) trials. The company is a government licensed manufacturer of clinical grade stem cells and is approved by the FDA for clinical trials in ischemic stroke, cutaneous photoaging and myocardial infarct. Stemedica is currently developing regulatory pathways for a number of other medical indicati
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