NEW YORK, N.Y., June 25, 2013 (GLOBE NEWSWIRE) -- Key Points: Mesoblast has received ethics approvals to begin a clinical trial of its proprietary allogeneic, or "off-the-shelf", adult Mesenchymal Precursor Cells (MPCs) in people with chronic kidney disease and type 2 diabetes . Trial is a randomized, double-blind placebo-controlled dose escalation study to evaluate the safety, tolerability and effectiveness of a single intravenous infusion of MPCs over an initial period of three months in patients with Stage 3b or 4 diabetic nephropathy . Mechanisms of action, based on preclinical studies, may include immunomodulation and reduction of kidney inflammation, reversal of abnormal kidney blood flow, and repair/regeneration of kidney tissue . Mesoblast's intravenous product is currently being evaluated in a range of inflammatory/immunologic conditions where the immunomodulatory properties of MPCs may provide substantial benefits, including diabetic nephropathy, early type 2 diabetes, and rheumatoid arthritis. Melbourne, Australia; 26 June 2013 and New York, USA; 25 June 2013: Regenerative medicine company Mesoblast Limited (ASX:MSB; USOTC:MBLTY) today announced that it has received approvals from Australian ethics committees to commence a Phase 2 trial evaluating a single intravenous infusion of its proprietary allogeneic or "off-the-shelf" adult Mesenchymal Precursor Cells (MPCs) in patients with type 2 … Continue reading
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