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MadJack

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ACT Announces First Patients Undergo Embryonic Stem Cell Transplantation Treatment for Stargardt's Disease and Macular Degeneration at UCLA's Jules Stein Eye Institute
Last update: 7/14/2011 8:30:00 AM
MARLBOROUGH, Mass., July 14, 2011 /PRNewswire via COMTEX/ -- Advanced Cell Technology, Inc. ("ACT"; OTCBB: ACTC), a leader in the field of regenerative medicine, today announced the dosing of the first patients in each of its two Phase 1/2 clinical trials for Stargardt's macular dystrophy and dry age-related macular degeneration (dry AMD) using retinal pigment epithelial (RPE) cells derived from human embryonic stem cells (hESCs). The patients were treated Tuesday (July 12) by Steven Schwartz, M.D., Ahmanson Professor of Ophthalmology at the David Geffen School of Medicine at UCLA and retina division chief at UCLA's Jules Stein Eye Institute. Robert Lanza, M.D., chief scientific officer of ACT, attended the procedures. Both patients successfully underwent the outpatient transplantation surgeries and are recovering uneventfully.
Both the Stargardt's trial and the dry AMD trial will enroll 12 patients each, with cohorts of three patients each in an ascending dosage format. Both trials are prospective, open-label studies designed to determine the safety and tolerability of hESC-derived RPE cells following sub-retinal transplantation into patients with Stargardt's and dry AMD at 12 months, the studies' primary endpoint.
"This first treatment milestone is welcomed by scientists, stem cell advocates and patients hoping for cures," said Gary Rabin, interim chairman and chief executive officer of ACT. "The two trials could not have started any smoother, and we are very pleased to announce that the procedures went well. The dosing of the first patients represents an important milestone for ACT and opens the doors to a potentially significant new therapeutic approach to treating the many forms of macular degeneration. We believe that these procedures represent a key step forward in therapeutic stem cell research, and the capacity to treat a variety of devastating diseases."
Dr. Schwartz, the studies' principal investigator, explained, "One patient in each clinical trial, the Stargardt's trial and the dry AMD trial, has undergone surgical transplantation of a relatively small dose (50,000 cells) of fully-differentiated retinal pigment epithelial (RPE) cells derived from human embryonic stem cells. Early indications are that the patients tolerated the surgical procedures well. The primary objective of these Phase 1/2 studies is to assess the safety and tolerability of these stem cell-derived transplants. We will be carefully monitoring our patients over the course of the trials. We are privileged to be collaborating with ACT and honored to be working with these pioneering patients."
Dry AMD, the most common form of macular degeneration, Stargardt's and other forms of atrophy-related macular degeneration are usually untreatable. Safe and effective therapies are greatly needed for the treatment of these common forms of blindness. Disease progression of both Stargardt's and dry AMD includes thinning of the layer of RPE cells in the patient's macula, the central portion of the retina and the anatomic location of central vision. With RPE cell death comes the loss of macular photoreceptors and loss of central vision. Currently both conditions are untreatable and often lead to legal blindness over a multi-year course. ACT's Stargardt's and dry AMD therapies treat these conditions by transplanting RPE cells in the patient's eyes before the RPE population is lost.
"Today -13 years after the discovery of human embryonic stem cells - the great promise of these cells is finally being put to the test," said Dr. Lanza. "The initiation of these two clinical trials marks an important turning point for the field. While we will continue writing research papers and carrying out more research, it's time to start moving these exciting new stem cell therapies out of the laboratory and into the clinic. Tens of thousands of people continue to die every day from diseases that could potentially be treated using stem cells. In the meantime, we intend to accelerate our efforts to translate new embryonic stem cell (ES) and induced pluripotent stem (iPS) cell therapies into the clinic. It has taken years of extensive research to get to this point. Our research and preclinical studies have demonstrated the safety and effectiveness of such therapies. We hope these cells may provide a treatment option not only for degenerative eye diseases, but for a wide spectrum of other debilitating conditions, ranging from diabetes to vascular and autoimmune diseases. Our team remains committed to moving the field of regenerative medicine forward from bench to bedside."
 

MadJack

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Dr Lanza has worked so hard for so many years and he's finally getting his shot at making medical history.

All the best, Bob :toast:
 

Dead Money

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I hope you do well...but

I hope you do well...but

I would put a few doubloons in gold and silver physical possession.

If it wasn't for the massive flood of Fed+gubberment money the financial markets would seriously be down the sh*tter.

Now that longtime free wheeling money handout is coming to a head.

Hell, their stealing money from retirement funds to keep the lights on.

OHBummer walked out of a financial meeting saying "call my bluff"

Another TRILLION Dollar defecit coming.....

Gold and silver are despite what "helicopter Ben Bernacke" claims, are real money, history proves this..you can NOT print up an ounce of gold.:nono:
 

MadJack

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Picture of the surgery in process, from the Washington Post.

http://www.washingtonpost.com/blogs...em-cell-study/2011/07/13/gIQAoMDhCI_blog.html



5-UCLA_JSEI_Stem_Cell_Trial-037[1].JPG
 

MadJack

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"Things were crazy for a long while," says Robert Lanza, medical director at Advanced Cell, and one of 22 full-time employees. "Times have really changed. The field is much tamer now."
The start of the clinical trials is likely to stir hopes of a big payday among investors. Advanced Cell's stock price has risen 170 percent during the last year, valuing the firm at $285 million based on Tuesday's stock price. Investors hope it could be worth several billion should the therapy succeed. Nearly 10 million Americans suffer from some form of macular degeneration.
 

dawgball

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"Things were crazy for a long while," says Robert Lanza, medical director at Advanced Cell, and one of 22 full-time employees. "Times have really changed. The field is much tamer now."
The start of the clinical trials is likely to stir hopes of a big payday among investors. Advanced Cell's stock price has risen 170 percent during the last year, valuing the firm at $285 million based on Tuesday's stock price. Investors hope it could be worth several billion should the therapy succeed. Nearly 10 million Americans suffer from some form of macular degeneration.

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MadJack

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Disappointing day and I should have known the news was priced in. I guess I did know but I was still hoping for a pop.

Hopefully we'll get some good news before October, otherwise the PPS might slide a good bit. Either way, I am buckled in and staying the course. :0008
 

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Nole

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Re: IDCC... So is it best to continue to hold for buyout or sell on upswing? Needless to say I'm new to this...

Either way :toast:
Never would have bought without you touts... :)



Just saw this comfortable1.

Congrats if you're still holding IDCC after today.

I took some profits a wee bit early but am pleased none the same.

This volume is the most I've ever seen since owning IDCC since 1996 so a lot of people believe as do I. I just had to lock in those gains.

I have no idea what you bought at but if you owned shares Monday, you are up huge!

I expect IDCC to be up again in the morning. I gotta believe there will be some profit taking by the end of the day but, who knows.

I'm gonna wait for my trades to settle and reevaluate next week.

This Google thing will take months to unfold. I would like to recommend investorshub.com to you and you can get plenty of opinions there. Put IDCC in the quote bar and enter. Next page, all the way to the right is message boards. Click that and see what everyyone else thinks.

I hope that's cool Jack. If not, let me know.

Continued success!


nole
 

comfortable1

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Just saw this comfortable1.

Congrats if you're still holding IDCC after today.

I took some profits a wee bit early but am pleased none the same.

This volume is the most I've ever seen since owning IDCC since 1996 so a lot of people believe as do I. I just had to lock in those gains.

I have no idea what you bought at but if you owned shares Monday, you are up huge!

I expect IDCC to be up again in the morning. I gotta believe there will be some profit taking by the end of the day but, who knows.

I'm gonna wait for my trades to settle and reevaluate next week.

This Google thing will take months to unfold. I would like to recommend investorshub.com to you and you can get plenty of opinions there. Put IDCC in the quote bar and enter. Next page, all the way to the right is message boards. Click that and see what everyyone else thinks.

I hope that's cool Jack. If not, let me know.

Continued success!


nole

Thanks for the input Nole... I'm still holding :weed: err, :00hour I bought in at about $55 awhile back (last peak... as I said I'm still learning) but needless to say I'm in good shape. With all the chatter regarding mobile patents I'm going to sit on this for awhile and see what happens. Maybe set up a stop around$65 just to cover my ass. Don't have a ton invested but as I said I'm still learning. I definitely owe you a cocktail!!!:toast:
 

Nole

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Thanks for the input Nole... I'm still holding :weed: err, :00hour I bought in at about $55 awhile back (last peak... as I said I'm still learning) but needless to say I'm in good shape. With all the chatter regarding mobile patents I'm going to sit on this for awhile and see what happens. Maybe set up a stop around$65 just to cover my ass. Don't have a ton invested but as I said I'm still learning. I definitely owe you a cocktail!!!:toast:


Well I hope you don't hit your stop.

Up $20 a share! Good for you!


:toast:
 

comfortable1

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You guys still holding IDCC? Also, bought into CAK as spec... I think it's got potential and it's dirt cheap right now.
 

Nole

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You guys still holding IDCC? Also, bought into CAK as spec... I think it's got potential and it's dirt cheap right now.


I sold in the 60's C1. Earnings after the bell and conference call tomorrow morning.

I'm rollin' the dice and figuring IDC to drop a little after this recent rise.

I still have 700 shares in another account that is basically dormant to me just in case though.

Good luck if you're still holding!


:toast:
 
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