MSB 1.40% $1.09 mesoblast limited

Cell Therapy News/Articles, page-177

  1. 6,108 Posts.
    lightbulb Created with Sketch. 1048
    Major lupus stem cell study receives additional funding from NIH
    Washington, DC

    Thursday, July 12, 2018, 10:00 Hrs [IST]

    The Lupus Foundation of America announced the launch of a new public-private partnership with the National Institute of Allergy and Infectious Diseases (NIAID), part of the National Institutes of Health, to co-fund a major phase II study to evaluate mesenchymal stem cells (MSC) as a treatment for moderate to severe lupus.

    NIAID has made a five-year commitment to support the study and will fund a data coordination center, site and safety monitoring, and mechanistic studies for the duration of the study. For year 1 of the study, NIAID has committed 720K in funding. This is an addition to the Foundation’s previously announced $3.8 million in funding over the five years.

    This study is the first step in determining whether stem cell therapy holds promise as a safe and effective alternative for people with lupus who do not benefit from the current treatments available. The study also seeks to determine if MSC stem cell therapy may diminish the often debilitating long-term effects of lupus, reduce the need for medications like steroids, which have harmful side effects and stop damage to vital organs. The US-based mesenchymal clinical study is expected to open for enrollment in summer 2018.

    The collaboration with NIAID demonstrates the growing trend and importance of public-private partnership between government, non-profit and research partners to advance research efforts into the causes of lupus and the discovery of new treatments. This is particularly important for a disease like lupus that is greatly underfunded, relative to its scope and devastation.

    “Robust funding is vital to moving lupus research forward. Without sufficient funding from public and private resources, research treatments will be delayed, and the search for better treatments and cures will be seriously impaired,” said Sandra C. Raymond, chief executive officer of the Lupus Foundation of America. “People with lupus need and deserve better treatment options now. This clinical study represents an innovative step forward in lupus research, and our hope is that we will be able to add stem cell therapy to the arsenal of treatments available for people with lupus.”

    The Lupus Foundation of America, also commonly known as LFAsm, is the only national force devoted to solving the mystery of lupus, one of the world’s cruelest, most unpredictable, and devastating diseases, while giving caring support to those who suffer from its brutal impact.

    http://www.pharmabiz.com/NewsDetails.aspx?aid=109937&sid=2
 
watchlist Created with Sketch. Add MSB (ASX) to my watchlist
(20min delay)
Last
$1.09
Change
0.015(1.40%)
Mkt cap ! $1.238B
Open High Low Value Volume
$1.11 $1.12 $1.08 $11.51M 10.52M

Buyers (Bids)

No. Vol. Price($)
2 17804 $1.09
 

Sellers (Offers)

Price($) Vol. No.
$1.09 230637 5
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
$1.09
  Change
0.015 ( 1.85 %)
Open High Low Volume
$1.10 $1.12 $1.08 1937390
Last updated 15.59pm 03/05/2024 ?
MSB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.