Core Insights - The World Health Organization (WHO) has approved "olastrocel" as the International Non-Proprietary Name (INN) for the active cellular substance in CELZ-201, Creative Medical's lead allogeneic cell therapy [1][2][3] - This milestone enhances international clarity, strengthens regulatory positioning, and supports the advancement of olastrocel in large unmet-need global markets [1][3] Company Overview - Creative Medical Technology Holdings, Inc. is a clinical-stage biotechnology company focused on developing regenerative and immune cell therapies targeting unmet needs in various medical fields, including neurology, urology, orthopedics, and autoimmune diseases [5] - The company utilizes proprietary regenerative medicine platforms and a robust regulatory strategy to accelerate therapeutic innovation [5] Product Development - Olastrocel is an allogeneic, off-the-shelf cellular therapeutic candidate derived from perinatal tissue, developed under the AlloStem® platform [4] - The therapy is currently in clinical development for chronic lower back pain, degenerative disc disease, Type 1 diabetes (new-onset), and biodefense-related indications, representing multi-billion-dollar market opportunities [3][4][6] Strategic Importance - Securing the INN "olastrocel" is seen as foundational for global development, medical adoption, and long-term scalability, providing a cohesive scientific identity for the asset [3][4] - The approval is expected to improve efficiency in global submissions, labeling, and pharmacovigilance, offering a competitive advantage as the therapy progresses toward later-stage development [6]
Creative Medical Technology Holdings Announces World Health Organization Approval of “olastrocel” as INN for Lead Allogeneic Cell Therapy CELZ-201