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|StemCells, Inc. Broadens Its SC Proven(R) Product Portfolio With Launch of Two Additional Human Cell Detection Antibodies|
PALO ALTO, Calif., Jan 19, 2011 (GlobeNewswire via COMTEX) -- StemCells, Inc. (Nasdaq:STEM) announced today the launch of STEM24(TM) and STEM133(TM), two new antibody reagents that have utility for the isolation and detection of a range of different human cell types. These antibodies are the latest additions to the Company's SC Proven(R) portfolio of innovative research products.
"We plan to continue to expand and diversify the SC Proven portfolio with a range of products for the burgeoning stem cell and general cell biology research markets," said Stewart Craig, Senior Vice President, Development and Operations at StemCells, Inc. "Our pipeline contains a series of new products that, in combination with the existing portfolio, will provide the research community with a battery of reagents for the detection, isolation, expansion, differentiation and characterization of a variety of different human and animal cell types."
STEM24 and its conjugated forms recognize human CD24, also known as Heat Stable Antigen (HSA), a glycoprotein expressed on the surface of many human cell types, including immature human hematopoietic cells,1 peripheral blood lymphocytes,2 erythrocytes,3 and many human carcinomas.4 CD24 is also a marker of human neural differentiation.5 STEM24 is available in the following forms:
STEM133 and its biotin-conjugated form recognize the human antigen CD133 (Prominin-1), a marker expressed on the surface of primitive cells, including hematopoietic stem and progenitor cells,6,7 neural stem cells,8 endothelial stem cells,9 cancer stem cells,10 as well as developing epithelium.11 STEM133 is available in the following forms:
About SC Proven Products
The SC Proven product portfolio comprises a range of specialty cell culture products that enable the standardized and reproducible production and propagation of highly purified stem cells and their differentiated progeny, as well as antibody reagents for cell detection, isolation and characterization. The entire SC Proven product catalog and online ordering can be found at www.scproven.com.
About StemCells, Inc.
StemCells, Inc. is engaged in the research, development, and commercialization of cell-based therapeutics and tools for use in stem cell-based research and drug discovery. In its therapeutic product development programs, StemCells is targeting disorders of the central nervous system and the liver. StemCells' lead product candidate, HuCNS-SC(R) cells (purified human neural stem cells), is currently in clinical development for spinal cord injury and two fatal neurodegenerative disorders in children, and in preclinical development for retinal disorders such as age-related macular degeneration. StemCells also markets stem cell research products, including media and reagents, under the SC Proven(R) brand, and is developing stem cell-based assay platforms for use in pharmaceutical research, drug discovery and drug development. Further information about StemCells is available at www.stemcellsinc.com.
The StemCells, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7014
Apart from statements of historical fact, the text of this press release constitutes forward-looking statements within the meaning of the U.S. securities laws, and is subject to the safe harbors created therein. These statements include, but are not limited to, statements regarding the ability of STEM24 and STEM133 to enable the isolation and detection of a variety of human cell types; the prospect associated with the potential launch of additional SC Proven products; clinical development of the Company's HuCNS-SC cells; the prospects for the Company to pursue non-therapeutic applications of its cell-based technologies; and the future business operations of the Company. These forward-looking statements speak only as of the date of this news release. The Company does not undertake to update any of these forward-looking statements to reflect events or circumstances that occur after the date hereof. Such statements reflect management's current views and are based on certain assumptions that may or may not ultimately prove valid. The Company's actual results may vary materially from those contemplated in such forward-looking statements due to risks and uncertainties to which the Company is subject, including those described under the heading "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2009, and in its subsequent reports on Form 10-Q and Form 8-K.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: StemCells, Inc.
CONTACT: Investor Inquiries StemCells, Inc. Megan Meloni (650) 475-3105 Media Russo Partners Ian Stone (619) 528-2220 David Schull (212) 845-4271