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Entest BioMedical Enters into LOI with Advanced Light Devices to Develop Laser Platform for Stem Cell / Laser COPD Treatment
Date:12/10/2009

Laser-type device to be coupled with Stem Cell Therapy in Novel Treatment Approach

San Diego (PRWEB) December 10, 2009 -- Entest Biomedical Inc. (OTCBB: ENTB) and Bio-Matrix Scientific Group Inc. (OTCBB: BMSN) announced they have jointly entered into a letter of intent with Advanced Light Devices to develop a proprietary laser system. It is anticipated this investigational medical device will be used in conjunction Entest’s patent pending adult stem cell therapies for treating patients with Chronic Obstructive Pulmonary Disease (COPD).

The goal of this proposed venture is to produce a laser-based therapeutic platform that increases levels of efficacy of stem cell therapy in patients with COPD. Entest’s patent-pending approach revolves around the use of the patient’s own stem cells in combination with specific laser wavelengths in repairing damaged lung tissue of patients with COPD.

David Koos, President and CEO of Entest Biomedical, stated: “This LOI is the product of our previously announced discussions with manufacturers of laser-based therapies, in which we sought partners whose product portfolios and expertise matched Entest’s needs. By controlling not only the intellectual property on a treatment method, but also the practical administration device itself, we are adding another layer of protection to the approach being developed”

The activities contemplated in the letter of intent are subject to the parties entering into a definitive agreement, which is anticipated to occur shortly. Once such an agreement is reached, schematics, code, and intellectual property pertaining to the new device will be generated and owned by Entest. It is anticipated the laser system will be developed in Bio-Matrix’ Sorrento Mesa facility. This will be the basis for regulatory filings and FDA developmen
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Source: PRWeb
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Entest BioMedical Enters into LOI with Advanced Light Devices to Develop Laser Platform for Stem Cell / Laser COPD Treatment  
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