ReNeuron, a UK-based stem cell research company received a grant of £2.1 million from Innovate UK for research in stem cell therapy that would heal body itself. This grant will help in preclinical work in exosome nanomedicine. ReNeuron is developing special stem cells called CTX cells that generate large number of exosomes. It would help body in regenerating tissues and organs damaged due to diseases.
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Researchers at ReNeuron are testing the effects of these exosomes against various diseases. They have tested success in preclinical work by finding role of exosomes in wound healing, ophthalmology, growth of cancer cells, and brain tumors.
Olav Hellebø, chief executive of ReNeuron said, "The grant application process was highly competitive and subjected our exosome nanomedicine programme to expert technical peer review. As a result, the award of the grant represents a strong endorsement of the potential of this emerging advanced therapy platform and will enable us to rapidly progress its development towards initial clinical application."
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US regulators have permitted ReNeuron to begin clinical trials of phase one and two of the treatment.
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In stage one, trials for a condition called critical limb ischaemia, in which the blood supply is blocked to the extremities and a condition known as hRPC, which is a blindness causing disease, have been conducted. CTX cells in stage two are designed to help stroke patients to recover by injecting stem cells into brain.
Therapies of ReNueron eliminates the need of additional drug treatments. Technological innovations boosts stem cell industry.
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Many reports have been published which analyze current and future market status of stem cell therapy industry. Recently, Prof Research Reports has added a report titled “2014 Stem Cell Therapy Industry Report - Global and Chinese Market Scenario.” The report offers an in-depth analysis on manufacturing technology, economic impact, investment feasibility, and key market players of industry.
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