BioRestorative Therapies Announces Notice of Allowance of Key New Patent Protecting ThermoStem® Metabolic Disease Program
05 Décembre 2024 - 12:45PM
BioRestorative Therapies, Inc. (“BioRestorative”, “BRTX” or the
“Company”) (NASDAQ:BRTX
), a clinical stage
regenerative medicine innovator focused on stem cell-based
therapies and products, is pleased to announce that the European
Patent Office has issued a Notice of Allowance for a new patent
application (European Patent Appl. No. 20798130.9) covering key
aspects of the Company’s allogeneic, off-the-shelf ThermoStem®
metabolic disease platform.
Claims granted under the new patent cover a
method of making a non-naturally occurring three-dimensional brown
adipose derived stem cell aggregate.
“This patent allowance further validates the
novel advancements we have made in our metabolic disease program,”
said Lance Alstodt, BioRestorative’s Chief Executive Officer.
“Given the tremendous market opportunity for ThermoStem®-based
BADSCs to potentially transform the GLP-1 dominated treatment
landscape for obesity and related metabolic diseases in important
geographies around the world, we are particularly pleased that this
patent provides broad coverage of our proprietary technology
platform.”
In May 2024, BioRestorative announced the
development of a novel exosome-based biologic program targeting
obesity, advising that the Company plans to initiate the formal
U.S. Food and Drug Administration (FDA) process for this ThermoStem
® -based therapeutic candidate by filing a Drug Master File (DMF).
On the heels of that announcement, BioRestorative reported that it
had begun to engage in substantive discussions with an undisclosed
commercial stage regenerative medicine company with regard to a
potential license of BioRestorative’s allogeneic, off-the-shelf
ThermoStem® metabolic intellectual property. Those discussions are
continuing; however, no assurances can be given that a license
agreement will be entered into whether on commercially reasonable
terms or otherwise.
About BioRestorative Therapies,
Inc.
BioRestorative (www.biorestorative.com) develops
therapeutic products using cell and tissue protocols, primarily
involving adult stem cells. As described below, our two core
clinical development programs relate to the treatment of disc/spine
disease and metabolic disorders, and we have also recently begun
offering BioCosmeceutical products:
• Disc/Spine Program (brtxDISC™): Our lead cell
therapy candidate, BRTX-100, is a product formulated from
autologous (or a person’s own) cultured mesenchymal stem cells
collected from the patient’s bone marrow. We intend that the
product will be used for the non-surgical treatment of painful
lumbosacral disc disorders or as a complementary therapeutic to a
surgical procedure. The BRTX-100 production process
utilizes proprietary technology and involves collecting a patient’s
bone marrow, isolating and culturing stem cells from the bone
marrow and cryopreserving the cells. In an outpatient
procedure, BRTX-100 is to be injected by a physician into
the patient’s damaged disc. The treatment is intended for patients
whose pain has not been alleviated by non-invasive procedures and
who potentially face the prospect of surgery. We have commenced a
Phase 2 clinical trial using BRTX-100 to treat chronic
lower back pain arising from degenerative disc disease.
• Metabolic Program (ThermoStem®): We are
developing cell-based therapy candidates to target obesity and
metabolic disorders using brown adipose (fat) derived stem cells
(“BADSC”) to generate brown adipose tissue (“BAT”), as well as
exosomes secreted by BADSC. BAT is intended to mimic naturally
occurring brown adipose depots that regulate metabolic homeostasis
in humans. Initial preclinical research indicates that increased
amounts of brown fat in animals may be responsible for additional
caloric burning as well as reduced glucose and lipid levels.
Researchers have found that people with higher levels of brown fat
may have a reduced risk for obesity and diabetes. BADSC
secreted exosomes may also impact weight loss.
• BioCosmeceuticals: We operate a commercial
BioCosmeceutical platform. Our current commercial product,
formulated and manufactured using our cGMP ISO-7 certified clean
room, is a cell-based secretome containing exosomes, proteins and
growth factors. This proprietary biologic serum has been
specifically engineered by us to reduce the appearance of fine
lines and wrinkles and bring forth other areas of cosmetic
effectiveness. Moving forward, we also intend to explore the
potential of expanding our commercial offering to include a broader
family of cell-based biologic aesthetic products and therapeutics
via Investigational New Drug (IND)-enabling studies, with the aim
of pioneering U.S. Food and Drug Administration (FDA) approvals in
the emerging BioCosmeceuticals space.
Forward-Looking Statements
This press release contains "forward-looking
statements" within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended, and such forward-looking statements are made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. You are cautioned that such
statements are subject to a multitude of risks and uncertainties
that could cause future circumstances, events or results to differ
materially from those projected in the forward-looking statements
as a result of various factors and other risks, including, without
limitation, those set forth in the Company's latest Form 10-K, as
amended, filed with the Securities and Exchange Commission. You
should consider these factors in evaluating the forward-looking
statements included herein, and not place undue reliance on such
statements. The forward-looking statements in this release are made
as of the date hereof and the Company undertakes no obligation to
update such statements.
CONTACT:
Stephen KilmerInvestor RelationsDirect: (646)
274-3580 Email: skilmer@biorestorative.com
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