Cipla's JV firm Stempeutics receives approval for stem cell drug in EU
The new treatment offers hope to patients suffering from Thromboangiitis Obliterans (Buerger's disease) affecting an estimated 2 out of every 10,000 people in Europe
BS B2B Bureau B2B Connect | Mumbai
Stempeutics’ stem cell drug Stempeucel
Thromboangiitis Obliterans is a recurring progressive inflammation and thrombosis (clotting) of small and medium arteries and veins of the feet. It is strongly associated with use of tobacco products primarily from smoking, but also from smokeless tobacco. Stempeucel drug is expected to address the root cause of the disease through anti-inflammatory and immunemodulatory mechanisms. It is expected to induce angiogenesis through release of vascular endothelial growth factors, epithelial growth factors, angiopoietin and improve the perfusion and help the repair and regeneration of the ischemic muscle tissue.
The aim of the ATMP classification is to regulate cell and gene therapy and tissue engineered medicinal products, providing a benchmark for a level of quality compliance for pharmaceutical practices. The regulation provides guidelines to research development companies for following a standardised process in order to obtain approval in EU countries. The regulation also offers incentives to companies involved in developing ATMPs in the European Union, including fee reductions for scientific advice, scientific recommendations on ATMP classification and evaluation and certification of quality and non-clinical data.
Chandru Chawla, head - Cipla New Ventures, Cipla Limited, said, “We are extremely impressed by the incredible journey of innovations embarked by Stempeutics. Stempeucel will be a blessing for European patients who have been suffering with the rare disease – Thromboangiitis Obliterans. Cipla’s front-end presence in Europe will help in creating the right momentum for Access across Europe.”
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First Published: Mar 24 2015 | 5:27 PM IST