Cell-based therapies
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NewcelX CEO Issues Letter to Shareholders
Prnewswire· 2025-11-04 12:00
Core Viewpoint - NewcelX Ltd. is at a critical juncture, with significant scientific advancements and opportunities expected to redefine patient outcomes and shareholder value in the next 12 months [1][3]. Group 1: Company Overview - NewcelX is a Swiss clinical-stage biopharmaceutical company focused on developing cell-based and small-molecule therapies for neurodegenerative and metabolic diseases [1]. - The company integrates regenerative medicine and neuroscience expertise within a unified platform, aiming to deliver transformative therapies [2]. Group 2: Strategic Focus and Pipeline - NewcelX's mission is to provide disease-modifying therapies for severe neurodegenerative and metabolic diseases, guiding all decision-making processes [4]. - The company has multiple clinical and preclinical assets, with a strong foundation supported by validated technologies and collaborations [3]. - Key programs include: - **AstroRx® for ALS**: Preparing for a Phase 2a study in the U.S. after promising Phase 1/2 results in Israel [5]. - **IsletRx – iTOL-102 for Diabetes**: Advancing towards preclinical safety testing and a U.S. Phase 1 trial [5]. - **DOXA Neuroscience and Metabolic Platform**: Targeting the orexin pathway, with potential applications across CNS and metabolic disorders [5]. Group 3: Financial Position and Outlook - Following the merger between NLS Pharmaceutics and Kadimastem, NewcelX raised approximately $9 million in equity financing, enhancing its cash position [8]. - The company's projected shareholders' equity as of June 30, 2025, is approximately $20 million, reinforcing its financial stability as it approaches key development milestones [9]. - NewcelX is well-capitalized to support operations for the next 12 months, with an existing $25 million Equity Line of Credit [8]. Group 4: Upcoming Milestones - The company plans to launch a U.S. Phase 2a clinical study in ALS and initiate a U.S. Phase 1 clinical study in IsletRx [11]. - Expansion of the AstroRx® platform into additional indications such as Multiple Sclerosis is also on the agenda [11]. - Progressing the DOXA platform toward lead-candidate selection is a priority [11].
Avant Technologies and Austrianova Launch Klothonova, Begin Developing Age Related Cellular Therapies Using 'Longevity Protein' Klotho
Prnewswire· 2025-10-21 12:00
Core Insights - Avant Technologies Inc. and Austrianova have launched a joint venture named Klothonova LLC, focusing on the Klotho development program aimed at creating cell-based therapies for age-related diseases and promoting longevity [1][4] - The Klotho protein is recognized for its anti-aging properties, and the global market for cell-based therapies is projected to reach $44 billion [4][5] Research and Development - The initial phase of the program has successfully generated genetically modified human cells that overproduce the Klotho protein, demonstrating the feasibility of using encapsulated cells for continuous production [2][3] - Austrianova is preparing for the next stage by ensuring compliance with GMP standards and conducting necessary documentation for preclinical and clinical studies [3][4] Joint Venture Details - Klothonova is a Nevada-based entity equally owned by Avant and Austrianova's affiliate, SGAustria Pte. Ltd., established through a joint venture agreement signed in September 2025 [4] - The collaboration leverages Austrianova's cell encapsulation technology and Avant's innovative vision, positioning the joint venture for success in the biotechnology sector [4]
Avant Technologies, Inc. Bolsters Strategic Vision with Targeted Biotech Partnerships for Innovative Cell-Based Therapies
Prnewswire· 2025-09-25 12:00
Core Insights - Avant Technologies Inc. is shifting its business model to focus on strategic partnerships through joint ventures and licensing agreements to enhance treatments for chronic and age-related conditions [1][2] - The company has applied for a corporate name change to better reflect its commitment to biotechnology collaborations aimed at improving health and longevity [1] Business Strategy - Avant is positioning itself at the forefront of collaborative biotech innovation by identifying promising cell lines globally and forming alliances with leading biotech companies, scientists, and clinicians [2][3] - The new partnership-driven model allows Avant to share development costs and risks, leveraging complementary expertise to accelerate the creation of groundbreaking therapies targeting diseases such as diabetes, Alzheimer's, heart disease, cancer, and kidney disease [2][3] Key Collaborations - Avant's partnerships include working with biotech firms specializing in genetically modified cell lines and a global cell-encapsulation technology company to ensure the efficacy and safety of therapeutic applications [3] - The first joint venture with Ainnova Tech, Inc. utilizes an advanced Vision AI platform for non-invasive diagnostics related to diabetes complications [4] - A new joint venture focuses on developing a cell line therapy that produces the Klotho protein, which plays a crucial role in aging and disease processes [4] Innovation and Development - The ecosystem of joint ventures enables Avant to bridge the gap between disease detection and targeted treatment, fostering advancements in personalized medicine [5] - The company aims to create a robust pipeline for identifying and treating serious illnesses through its collaborative efforts [4][5]