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Icahn School of Medicine at Mount Sinai Grants Exclusive License to Cellular Dynamics International for Development of a Cellular Therapy for Cardiac Muscles

Mountain Technologies. “CDI is at the forefront of emerging stem cell technologies and we are confident this agreement will have a lasting effect on cardiac cell products.”

Cellular Dynamics develops, manufactures and sells human cells based on iPS cell technology and currently offers iCell® Cardiomyocytes, iCell Neurons (brain cells), iCell Endothelial Cells (blood vessel cells) and iCell Hepatocytes (liver cells). CDI has also launched MyCell® Products, a custom cell product manufactured using iPS cell technology to make stem cells or terminal cells from any individual, including those with diseases of interest to pharmaceutical companies and academic scientists.

Bob Palay, CEO of Cellular Dynamics International, said, “We’re pleased to extend our cardiac progenitor patent license with Mt. Sinai to include potential therapeutic uses. The IP space surrounding stem cell technology is complex, and from CDI’s inception, our strategy has been designed to afford our customers the freedom to operate for all the products we sell. CDI now has more than 700 licensed or owned patents and patent applications.”

About The Mount Sinai Medical Center

The Mount Sinai Medical Center encompasses both The Mount Sinai Hospital and Icahn School of Medicine at Mount Sinai. Established in 1968, the Icahn School of Medicine is one of the leading medical schools in the United States, and is noted for innovation in education, biomedical research, clinical care delivery, and local and global community service. It has more than 3,400 faculty in 32 departments and 14 research institutes, and ranks among the top 20 medical schools both in National Institutes of Health (NIH) funding and by U.S. News & World Report.

The Mount Sinai Hospital, founded in 1852, is a 1,171-bed tertiary- and quaternary-care teaching facility and one of the nation’s oldest, largest and most-respected voluntary hospitals. In 2012, U.S. News & World Report ranked

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