Encapsulation device registered in Russia
Living Cell Technologies’ encapsulation device granted
registration in Russia
10 March 2010:
Sydney, Australia, Auckland, New Zealand – Cell
implant company Living Cell Technologies Limited (ASX:
LCT; OTCQX: LVCLY) today announced that its subsidiary
LCT Biomedical Limited has received registration of the
encapsulation device as a delivery system in Russia.
Registration allows for the production, sale and use of LCT’s capsules in all delivery applications - including cell, drug and biologics.
Dr Paul Tan, Chief Executive Officer LCT said: “The registration of LCT’s encapsulation technology is an important step in the commercial development of the company’s living cell products, particularly as the Russian standard is acceptable in Europe.
“In addition to LCT’s two lead products - DIABECELL® for treatment of Type 1 diabetes and NTCELL for the treatment of Parkinson’s disease - there is already interest in Russia for the use of the capsules as a drug and biologic delivery system.”
Eight patients with insulin dependent diabetes have received between one and three implants of DIABECELL® with positive initial results in the clinical trial in Moscow. LCT Biomedical Limited was formed in 2009 to facilitate the commercial development of DIABECELL® in Russia.
DIABECELL® is LCT’s treatment designed to normalise the lives of people with insulin dependent diabetes. DIABECELL® is implanted into patients and works by self-regulating and efficiently secreting insulin in the patient’s body. LCT's encapsulation technology means that this procedure does not require the use of immunosuppressant drugs.
ENDS