- Enrollment completed in first safety study of Renevia(TM) for dermatological
- Two weeks following administration, Renevia(TM) appears safe and well
tolerated with no serious unexpected adverse events observed to date -
ALAMEDA, Calif.--(BUSINESS WIRE)-- BioTime, Inc. (NYSE MKT: BTX), today
announced that William Tew, Ph.D., BioTime's Chief Commercial Officer will
provide an update on the development of Renevia(TM) at an investor meeting in
New York City. In his presentation, Dr. Tew will announce that enrollment in a
safety trial evaluating Renevia(TM), a proprietary injectable matrix designed to
facilitate the stable engraftment of transplanted cells, is complete.
The ten healthy volunteers each received one subcutaneous injection of
Renevia(TM) without cells. The primary objective of the trial is to determine
the safety, tolerability, and acceptance of Renevia(TM) without cells as
determined by monitoring subjects for any post-treatment reactions. Examinations
of the subjects after they received Renevia(TM) injections have shown that
Renevia(TM) was well-tolerated by all subjects with no serious adverse events or
subject withdrawals. A final check of the enrolled subjects for adverse events
will be made four weeks after the injection.
The Renevia(TM) safety study was initiated on October 7, 2013 at The Stem Center
(www.stem-center.com) in Palma de Mallorca, Spain, an innovative patient therapy
center, laboratory, and professional research facility located within the
world-class hospital Clinica USP Palmaplanas in Palma. The Medical Director of
the Center is Dr. Ramon Lull, MD, PhD, a leading expert on advanced regenerative
therapies based on adipose technology. The Stem Center is owned and operated by
the GID Group, Inc., Louisville, CO, USA.
Subsequent clinical studies are planned to document the efficacy of Renevia(TM)
as a delivery matrix for adipose cells to restore normal skin contours in
patients where the subcutaneous adipose tissue has been lost to lipoatrophy,
beginning with HIV related facial lipoatrophy. Lipoatrophy is a localized loss
of fat beneath the skin. Lipoatrophy is often a consequence of the normal aging
process where the loss of fat in the cheeks or the back of the hands contributes
to an aged appearance, but lipoatrophy can also be associated with trauma,
surgery, and diseases, and is frequently suffered by HIV patients being treated
with anti-viral drugs. According to published estimates, at least several
hundred thousand patients in Europe, and a similar number in the U.S., are
affected by lipoatrophy and related conditions such as lipodystrophy. These
patients have very limited treatment options and these conditions therefore
represent a significant unmet medical need. BioTime's plans to proceed with
additional clinical trials are subject to obtaining required regulatory and
Renevia(TM) is manufactured in the US in compliance with cGMP requirements and
has been tested pursuant to ISO 10993 standards for implantable medical devices
and shown to be biocompatible without adverse effects in animal studies.
Renevia(TM) is a member of BioTime's HyStem(R) family of hydrogels. These unique
biomaterials are designed as matrices and scaffolds for tissue engineering and
regenerative medicine applications. HyStem(R) hydrogels are distributed and sold
worldwide by BioTime and its distributors for pre-clinical research. Clinical
grade hydrogels are also available to support translational research and
investigator initiated clinical studies. BioTime's HyStem(R) technology is
covered by two issued US patents with applications pending in the EU, Canada,
Japan, and Australia.
About BioTime, Inc.
BioTime is a biotechnology company engaged in research and product development
in the field of regenerative medicine. Regenerative medicine refers to therapies
based on stem cell technology that are designed to rebuild cell and tissue
function lost due to degenerative disease or injury. BioTime's focus is on
pluripotent stem cell technology based on human embryonic stem ("hES") cells and
induced pluripotent stem ("iPS") cells. hES and iPS cells provide a means of
manufacturing every cell type in the human body and therefore show considerable
promise for the development of a number of new therapeutic products. BioTime's
therapeutic and research products include a wide array of proprietary
PureStem(TM) progenitors, HyStem(R) hydrogels, culture media, and
differentiation kits. BioTime is developing Renevia(TM) (a HyStem(R) product) as
a biocompatible, implantable hyaluronan and collagen-based matrix for cell
delivery in human clinical applications. In addition, BioTime has developed
Hextend(R), a blood plasma volume expander for use in surgery, emergency trauma
treatment and other applications. Hextend(R) is manufactured and distributed in
the U.S. by Hospira, Inc. and in South Korea by CJ CheilJedang Corporation under
exclusive licensing agreements.
BioTime is also developing stem cell and other products for research,
therapeutic, and diagnostic use through its subsidiaries:
-- OncoCyte Corporation is developing products and technologies to diagnose
and treat cancer.
-- ES Cell International Pte Ltd., a Singapore private limited company,
develops hES products for research use.
-- BioTime Asia, Limited, a Hong Kong company, may offer and sell products
for research use for BioTime's ESI BIO Division.
-- OrthoCyte Corporation is developing therapies to treat orthopedic
disorders, diseases and injuries.
-- ReCyte Therapeutics, Inc. is developing therapies to treat a variety of
blood and lymphatic vascular disorders, as well as products for research
using iPS and other cell reprogramming technology.
-- Cell Cure Neurosciences Ltd. is an Israel-based biotechnology company
focused on developing stem cell-based therapies for retinal and
neurological degenerative diseases. Its lead product is OpRegen(R) for
the treatment of macular degeneration.
-- LifeMap Sciences, Inc. markets, sells and distributes GeneCards(R), the
leading human gene database, as part of an integrated database suite
that also includes the LifeMap Discovery(TM) database of embryonic
development, stem cell research and regenerative medicine, and
MalaCards, the human disease database..
-- Asterias Biotherapeutics, Inc. is a new subsidiary that recently
acquired the stem cell assets of Geron Corporation, including patents
and other intellectual property, biological materials, reagents and
equipment for the development of new therapeutic products for
Additional information about BioTime can be found on the web at
Statements pertaining to future financial and/or operating results, future
growth in research, technology, clinical development, and potential
opportunities for BioTime and its subsidiaries, along with other statements
about the future expectations, beliefs, goals, plans, or prospects expressed by
management constitute forward-looking statements. Any statements that are not
historical fact (including, but not limited to statements that contain words
such as "will," "believes," "plans," "anticipates," "expects," "estimates")
should also be considered to be forward-looking statements. Forward-looking
statements involve risks and uncertainties, including, without limitation, risks
inherent in the development and/or commercialization of potential products,
uncertainty in the results of clinical trials or regulatory approvals, need and
ability to obtain future capital, and maintenance of intellectual property
rights. Actual results may differ materially from the results anticipated in
these forward-looking statements and as such should be evaluated together with
the many uncertainties that affect the business of BioTime and its subsidiaries,
particularly those mentioned in the cautionary statements found in BioTime's
Securities and Exchange Commission filings. BioTime disclaims any intent or
obligation to update these forward-looking statements.
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Lesley Stolz, PhD, 510-521-3390, ext 367
Executive Vice President, Corporate Development
Judith Segall, 510-521-3390, ext 301
Source: BioTime, Inc.