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Creative Medical Technology Holdings Receives Notice of Allowance for ImmCelz™ for Treatment of Heart Failure and/or Post Infarct Pathological Remodeling
Globenewswire· 2025-07-11 12:01
PHOENIX, July 11, 2025 (GLOBE NEWSWIRE) -- Creative Medical Technology Holdings, Inc. (NASDAQ: CELZ) (“Creative Medical” or the “Company”), a clinical-stage biotechnology company specializing in regenerative medicine, today announced that it has received a Notice of Allowance from the United States Patent and Trademark Office (USPTO) for a U.S. patent application titled, “Treatment Of Heart Failure And/Or Post Infarct Pathological Remodeling By Ex Vivo Reprogrammed Immune Cells.” Once granted, the patent wi ...
Creative Medical Technology (CELZ) - 2025 Q1 - Quarterly Report
2025-05-09 20:45
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 000-53500 Creative Medical Technology Holdings, Inc. (Exact name of Registrant as specified in its charter) | Ne ...
Creative Medical Technology Holdings, Inc. (CELZ) Upgraded to Buy: What Does It Mean for the Stock?
ZACKS· 2025-03-25 17:01
Creative Medical Technology Holdings, Inc. (CELZ) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consen ...
Is Creative Medical Technology Holdings, Inc. (CELZ) Stock Outpacing Its Medical Peers This Year?
ZACKS· 2025-03-25 14:40
The Medical group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Creative Medical Technology Holdings, Inc. (CELZ) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Medical sector should help us answer this question.Creative Medical Technology Holdings, Inc. is a member of our Medical group, which includes 1011 different companies and currently sits at #4 in the Zac ...
Creative Medical Technology Holdings Secures FDA Clearance for Expanded Dose Escalation in the Clinical Trial of CELZ-201-DDT for Chronic Lower Back Pain
Newsfilter· 2025-03-20 11:50
PHOENIX, March 20, 2025 (GLOBE NEWSWIRE) -- Creative Medical Technology Holdings, Inc. (NASDAQ:CELZ) (the "Company"), a clinical-stage biotechnology company specializing in regenerative medicine, today announced that the U.S. Food and Drug Administration (FDA) has cleared an expanded dose escalation for its ongoing Phase 1/2 trial of StemSpine® using AlloStem™ (CELZ-201-DDT), the Company's proprietary allogeneic (donor) cell therapy for chronic lower back pain caused by degenerative disc disease (DDD). This ...
Creative Medical Technology (CELZ) - 2024 Q4 - Annual Report
2025-03-14 20:30
Clinical Trials and Efficacy - The company received FDA clearance to initiate a Phase I/II clinical trial for AlloStemSpine® Chronic Lower Back Pain (CELZ-201 ADAPT), enrolling 30 individuals[26]. - The company reported a 93% overall efficacy in treated patients with Type 2 Diabetes using CELZ-001, demonstrating at least a 50% reduction in insulin requirement after one year[25]. - The FDA cleared the company's Type I Diabetes (CELZ-201 CREATE-1) IND application, allowing the start of a Phase I/II clinical trial[20]. - The company achieved a significant milestone by generating human iPSC-derived islet cells that produce human insulin, with potential for clinical translation[28]. - The company reported positive three-year follow-up data for the StemSpine® pilot study, showing continued efficacy for treating chronic lower back pain[21]. - The Data Safety Monitoring Board (DSMB) endorsed the continuation of the CELZ-201 ADAPT clinical trial, confirming the safety profile of CELZ-201[39]. - The first cohort of the CELZ-201 ADAPT clinical trial included 10 participants, with 8 receiving CELZ-201-DDT and 2 receiving placebo, showing no dose-limiting toxicities or serious adverse events[33]. - Preliminary blinded data from the CELZ-201 ADAPT trial suggest potential therapeutic benefits in alleviating chronic back pain associated with degenerative disc disease[39]. - The AlloStemSpine® treatment for chronic lower back pain has received FDA approval for a Phase I/IIa study, with initial data showing no serious adverse events in the first cohort of 10 participants[45]. - The StemSpine® procedure has shown a continued efficacy rate of 87% in treating chronic lower back pain over a three-year follow-up period[57]. - The OvaStem™ technology for treating infertility has demonstrated significant efficacy in a pilot study, resulting in the successful birth of healthy babies[63]. - The CELZ-201 CREATE-1 therapy for Type I Diabetes is currently in a Phase I/IIa FDA study, with a treatment group of 12 and a control group of 6[44]. Intellectual Property and Licensing - The company has a robust intellectual property portfolio with four issued patents and fifty pending applications related to stem cell therapies[68]. - The company acquired U.S. Patent No. 9,598,673 for the use of various stem cells in treating lower back pain, with an initial payment of $100,000 made in cash and stock[75]. - The company has made various payments to CMH totaling $300,000 related to the patent agreement, with the remaining obligations settled through stock issuance[77]. - The company entered a Patent License Agreement with Jadi Cell, LLC, granting access to proprietary processes for expanding master cell banks, with an initial license fee of $250,000 paid in stock[78]. - The company has trademark registrations for CaverStem®, StemSpine®, AlloStemSpine®, and FemCelz®, with pending applications for several other brands[81]. - The company has multiple pending patent applications in immunology, including 15/617,813 for immunotherapy of recurrent spontaneous abortions and 63/340,450 for protection from ovarian failure[71]. - The company intends to comply with all applicable FDA regulations to avoid potential enforcement actions that could impact operations[115]. - The company has established a framework for royalty payments of 5% from gross sales of products derived from its patents, ensuring ongoing revenue from successful commercialization[79]. Regulatory Compliance and FDA Interaction - The FDA regulates the company's stem cell treatments under the Public Health Service Act and the Federal Food, Drug, and Cosmetic Act, requiring compliance with stringent regulations[86]. - The company’s CaverStem® and FemCelz® procedures are exempt from FDA premarket review under the Same Surgical Procedure Exception, while ImmCelz™ requires standard drug approval[91]. - The FDA has broad regulatory authority over drugs and biologics marketed in the United States, including research, clinical testing, manufacturing, and distribution[93]. - The process for FDA approval of a drug or biologic typically involves multiple phases of clinical trials, including Phase 1, Phase 2, and Phase 3, which can take many years and require significant resources[96][102]. - Approval of a New Drug Application (NDA) or Biologics License Application (BLA) requires demonstrating that the product is safe and effective for its intended use[95]. - The FDA may expedite the review of NDAs and BLAs through programs such as Fast Track, Breakthrough Therapy, and Priority Review, which can significantly shorten the review timeline[105][108]. - The FDA requires that post-marketing clinical trials may be necessary to confirm the effectiveness of a product candidate after approval[97]. - Medical devices are classified into three classes based on risk, with Class III devices subject to the highest regulatory scrutiny and requiring premarket approval[112][113]. - The FDA premarket clearance and approval process for medical devices can take from three months to several years, depending on the type of submission[114]. - Compliance with Current Good Manufacturing Practices (cGMP) is essential for products regulated as drugs, biological products, or devices to ensure quality and safety[116]. - The FDA can impose various enforcement actions for non-compliance, including fines, product seizures, and criminal prosecutions, which could materially adversely affect the company[104][117]. - Non-compliance with FDA regulations can lead to severe enforcement actions, including fines and product recalls, which could materially affect the company[92]. - The FDA regulates the entire lifecycle of drugs and biological products, including research, clinical testing, and manufacturing processes[93]. - The approval process for drugs typically involves multiple phases of clinical trials, with Phase 3 requiring statistically significant evidence of efficacy[100]. - If products are regulated as drugs or biological products, significant resources will be needed for regulatory compliance, and the approval process can be lengthy and unpredictable[102]. - The company must submit an IND to begin clinical trials, and an NDA or BLA for marketing approval, which requires demonstrating safety and efficacy[94]. - Phase 4 clinical trials may be required post-approval to address safety issues identified by the FDA[97]. - Changes to approved applications require submission and approval of new NDAs or BLAs, which can involve extensive clinical data[98]. Financial Performance and Investments - The company secured approximately $1.6 million in net proceeds from a registered direct offering and concurrent private placement of common stock[34]. - Research and development expenses for the year ended December 31, 2024, totaled $2,400,777, an increase from $1,970,639 in 2023, reflecting ongoing clinical trials and product development efforts[124]. - The company sold 418,552 shares of common stock at $4.42 per share, generating net proceeds of approximately $1.6 million from the offering[34]. - The company has ongoing obligations totaling $300,000 related to the patent, with payments made in cash and stock over several years[77]. - The company is competing with larger pharmaceutical and biotechnology firms in the regenerative medicine sector, which is rapidly evolving[82]. - The company has made significant investments in research and development, focusing on innovative therapies and technologies in the regenerative medicine field[84].
Creative Medical Technology Holdings Announces Agreements for Exercise of Warrants for $3.7 Million Gross Proceeds
Globenewswire· 2025-03-06 13:10
Core Points - Creative Medical Technology Holdings, Inc. has entered into agreements for the immediate exercise of existing warrants to purchase up to 837,104 shares of common stock at an exercise price of $4.42 per share, expected to generate approximately $3.7 million in gross proceeds [1][2][3] - Roth Capital Partners is acting as the financial advisor for this transaction, and in exchange for the immediate exercise, the company will issue new unregistered warrants for up to 1,674,208 shares at an exercise price of $3.75 per share, exercisable for five years post shareholder approval [2][3] - The transaction is anticipated to close on or about March 6, 2025, subject to customary closing conditions, with net proceeds intended for working capital and general corporate purposes [3][4] Company Overview - Creative Medical Technology Holdings, Inc. is a biotechnology company focused on advancing novel biological therapeutics in immunotherapy, endocrinology, urology, gynecology, and orthopedics, traded on NASDAQ under the ticker symbol CELZ [6]
Creative Medical Technology Holdings Announces Agreements for Exercise of Warrants for $3.7 Million Gross Proceeds
Newsfilter· 2025-03-06 13:10
Core Viewpoint - Creative Medical Technology Holdings, Inc. has entered into agreements for the immediate exercise of existing warrants, which will generate approximately $3.7 million in gross proceeds for the company [1][3]. Group 1: Warrants and Financial Details - The company has agreements with certain warrant holders to exercise up to 837,104 shares at an exercise price of $4.42 per share, originally issued in October 2024 [1]. - In exchange for the immediate exercise of existing warrants, the company will issue new unregistered warrants for up to 1,674,208 shares at an exercise price of $3.75 per share, exercisable for five years after shareholder approval [2]. - The transaction is expected to close on or about March 6, 2025, pending customary closing conditions [3]. Group 2: Use of Proceeds - The net proceeds from the warrant exercise will be utilized for working capital and general corporate purposes [3]. Group 3: Regulatory Information - The new warrants and the shares issuable upon their exercise are offered in a private placement and have not been registered under the Securities Act of 1933 [4]. - The company plans to file a registration statement with the SEC for the resale of shares issuable upon the exercise of the new warrants [4]. Group 4: Company Overview - Creative Medical Technology Holdings, Inc. is a biotechnology company focused on advancing novel biological therapeutics in various medical fields, including immunotherapy and orthopedics, and is listed on NASDAQ under the ticker symbol CELZ [6].
Creative Medical Technology Holdings Applauds Presidential Initiative to Expand IVF Access, Showcasing OvaStem® Program's Success and Growth Potential
Newsfilter· 2025-02-20 13:00
Core Insights - Creative Medical Technology Holdings, Inc. supports President Trump's executive order to expand access to in vitro fertilization (IVF), aligning with its OvaStem® program which shows an 85% improvement in hormonal function and a 70% success rate in delivering healthy babies using a patient's own eggs [1][4] Group 1: Company Overview - Creative Medical Technology Holdings, Inc. is a biotechnology company focused on regenerative medicine, particularly in reproductive health through its OvaStem® program [1][5] - The company has filed for Orphan Drug Designation for Primary Ovarian Insufficiency (POI), highlighting its commitment to fertility innovation [2] Group 2: OvaStem® Program - OvaStem® offers a personalized alternative to traditional IVF by utilizing a patient's own cells, significantly improving the chances of conception for patients with POI, who typically have only a 5-10% chance of spontaneous pregnancy [2] - The next-generation OvaStem® integrates the AlloStem® platform, which is currently involved in two FDA-cleared clinical trials [2] Group 3: Executive Order Impact - The executive order mandates recommendations to lower out-of-pocket IVF costs, which currently range from $12,000 to $25,000 per cycle, potentially increasing access to advanced fertility technologies [3] - The administration's plan aims to remove financial barriers, facilitating greater adoption of fertility treatments [3] Group 4: Leadership Statements - The President and CEO of Creative Medical Technology Holdings expressed enthusiasm for the executive order, emphasizing the company's expertise in regenerative medicine and its potential to redefine reproductive health [4] - The Director of Clinical Operations highlighted the goal of providing safe, effective, and affordable infertility solutions, positioning OvaStem® at the forefront of this movement [4] Group 5: Future Commitment - Creative Medical Technology Holdings is committed to advancing innovative solutions in regenerative medicine, aiming to empower families and enhance shareholder value as federal efforts to expand fertility care progress [4]
Creative Medical Technology Holdings Applauds Presidential Initiative to Expand IVF Access, Showcasing OvaStem® Program's Success and Growth Potential
Globenewswire· 2025-02-20 13:00
Core Insights - Creative Medical Technology Holdings, Inc. supports President Trump's executive order aimed at expanding access to in vitro fertilization (IVF), aligning with the company's vision to enhance reproductive health through its OvaStem program, which shows an 85% improvement in hormonal function and a 70% success rate in delivering healthy babies using a patient's own eggs, with no safety concerns reported up to five years post-treatment [1][4]. Group 1: OvaStem Program - OvaStem provides a novel, personalized alternative to traditional IVF for patients with Primary Ovarian Insufficiency (POI), who typically have only a 5-10% chance of spontaneous pregnancy and often rely on donor eggs [2]. - The next-generation OvaStem integrates the AlloStem platform, which is currently utilized in two FDA-cleared U.S. clinical trials, and the company has filed for Orphan Drug Designation for POI, reinforcing its leadership in fertility innovation [2]. Group 2: Executive Order Impact - The executive order mandates the Domestic Policy Council to deliver recommendations within 90 days to lower out-of-pocket IVF costs, which currently range from $12,000 to $25,000 per cycle, making treatment inaccessible for many families [3]. - By removing financial barriers, the administration's plan is expected to facilitate greater adoption of advanced fertility technologies [3]. Group 3: Company Commitment - The company expresses its commitment to providing the safest, most effective, and affordable infertility solutions, positioning OvaStem at the forefront of the fertility care revolution [4]. - With a robust portfolio of proprietary technologies and clinical programs, the company aims to address pressing medical challenges and drive shareholder value as federal efforts to expand fertility care progress [4].