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Stem cell licensing deal positions Toronto as world leader in technology

ses of mesenchymal cells in cell therapy include combating auto-immune and inflammatory diseases (Crohns, juvenile diabetes and rheumatoid arthritis), cancer, heart disease and tissue engineering.

While the HUCPVC technology is still in the pre-clinical stage, TRT CEO Dr. Jeffrey Turner says that its development program designed to treat auto-immune and inflammatory diseases offers parents a type of biological life insurance that could one day treat all the diseases mentioned above and more. What excites me is that our growing stem cell company in Canada is now offering its services to the U.S., which is essentially half the world market, Turner says. We are now currently looking to expand into the Middle Eastern and Australian markets.

The HUCPVC breakthrough was announced in 2005 when the Davies research group at the University of Toronto discovered these stem cells in an uncharted part of the umbilical cord the connective tissue immediately surrounding the blood vessels in the cord. The great advantages of this source of mesenchymal stem cells, compared with current techniques using surgically extracted cells from bone marrow, lie in sourcing them from tissue that would otherwise be thrown away at birth, their very rapid proliferation and the huge numbers of harvested stem cells.


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Contact: Karen Kelly
k.kelly@utoronto.ca
416-978-5949
University of Toronto
21-Jun-2007


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