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Pharmacy chain franchisor Jean Coutu posts lower Q2 profit of $51.2; revenue up

Posted: Published on October 10th, 2012

By The Canadian Press LONGUEUIL, Que. - The Jean Coutu Group (TSX:PJC-A.TO - News) has reported an increase in revenue but a drop in net profit in its latest quarter compared with a year ago when the pharmacy chain franchisor recorded an unusual gain on the sale of U.S. assets. Quebec-based Jean Coutu said Wednesday that its net profit in the three months ended Sept. 1 was $51.2 million or 23 cents per share. That compared with 66.4 million or 20 cents per share in the comparable year-earlier period. Revenue for its fiscal 2013 second quarter rose to $658.7 million from $635.2 million in the same fiscal 2012 period. "The decrease in net profit is mainly attributable to a gain related to the sale of Rite Aid's shares, for a total proceed of $22 million, net of related costs, during the quarter ended August 27, 2011," the company said in a release. Excluding gains related to the sale of Rite Aid shares and the change in fair value of other financial assets, net profits amounted to $50 million or 23 cent per share for the quarter, compared with $44.6 million or 19 cents per share in the year-earlier period. "The … Continue reading

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Stem Cell Scientists Awarded Nobel Prize in Physiology and Medicine

Posted: Published on October 10th, 2012

Kyodo / Reuters Kyoto University Professor Shinya Yamanaka (left) and John Gurdon of the Gurdon Institute in Cambridge, England, at a symposium on induced pluripotent stem cells in Tokyo in April 2008 In a testament to the revolutionary potential of the field of regenerative medicine, in which scientists are able to create and replace any cells that are at fault in disease, the Nobel Prize committee on Monday awarded the 2012 Nobel in Physiology or Medicine to two researchers whose discoveries have made such cellular alchemy possible. The prize went to John B. Gurdon of the University of Cambridge in England, who was among the first to clone an animal, a frog, in 1962, and to Shinya Yamanaka of Kyoto University in Japan who in 2006 discovered the four genes necessary to reprogram an adult cell back to an embryonic state. Sir John Gurdon, who is now a professor at an institute that bears his name, earned the ridicule of many colleagues back in the 1960s when he set out on a series of experiments to show that the development of cells could be reversed. At the time, biologists knew that all cells in an embryo had the potential to … Continue reading

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Stem Cell Scientists Gurdon and Yamanaka Win Nobel Prize in Medicine

Posted: Published on October 10th, 2012

JUDY WOODRUFF: Next, to the 2012 Nobel Prizes. The first was awarded today for groundbreaking work in reprogramming cells in the body. Ray Suarez looks at those achievements. MAN: The Nobel Assembly at Karolinska Institute has today decided to award the Nobel Prize in Physiology or Medicine,2012 jointly to John B. Gurdon and Shinya Yamanaka. RAY SUAREZ: The two scientists are from two different generations and celebrated today's announcement half-a-world apart. But today they were celebrated together for their research that led to a groundbreaking understanding of how cells work. Sir John Gurdon of CambridgeUniversity was awarded for his work in 1962. He was able to use specialized cells of frogs, like skin or intestinal cells, to generate new tadpoles and show DNA could drive the formation of all cells in the body. Forty years later, Dr. Yamanaka built on that and went further. He was able to turn mature cells back into their earliest form as primitive cells. Those cells are in many ways the equivalent of embryonic stem cells, because they have the potential to develop into specialized cells for heart, liver and other organs. Dr. Shinya Yamanaka is currently working at KyotoUniversity. Embryonic stem cells have had … Continue reading

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Cellectis: the Award of Nobel Prize in Medicine to Professor Yamanaka Confirms the Relevance of the Group's Stem Cell …

Posted: Published on October 10th, 2012

PARIS--(BUSINESS WIRE)-- Regulatory News: Cellectis (ALCLS.PA) (ALCLS.PA), the French genome engineering specialist, considers the award of the Nobel Prize fin Medicine to Professor Shinya Yamanaka as the validation of its stem cell strategy and is a major growth driver for this activity. Since 2010 Cellectis started collaborating with Professor Shinya Yamanaka at the Center for iPS Cell Research and Application (CiRA) at Kyoto, Japan, working together on genome engineering of induced pluripotent stem (iPS) cells. Since then, Cellectis has successively: Cellectis already sells cellular models for research and drug development within pharmaceutical industry, implementing technologies developed by CiRA. In addition, Cellectis is currently working on a number of develops large-scale projects based on iPS cell technology with two aims: Andr Choulika, CEO of Cellectis, declares: "the quality of relations between the teams of CiRA and Cellectis Group - based on mutual respect of their scientific expertise on the one hand, the recognition of the strong complementarity of their knowledge on the other - involved the establishment of a real alliance able to compete with the American presence in the area." Cellectis plans to expand and deepen this collaboration with Prof. Yamanaka in order to strengthen its position as an industry … Continue reading

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Dr. Eva Feldman, Principal Investigator, Updates Interim Data On Completed Neuralstem ALS Phase I Trial

Posted: Published on October 10th, 2012

ROCKVILLE, Md., Oct. 9, 2012 /PRNewswire/ --Neuralstem, Inc. (NYSE Amex: CUR) announced that Eva Feldman, MD, PhD, principal investigator of the Phase I trial to test Neuralstem's NSI-566 spinal cord stem cells in the treatment of amyotrophic lateral sclerosis (ALS or Lou Gehrig's disease), updated data on the trial at the American Neurological Association annual meeting in Boston, MA, yesterday. (http://www.aneuroa.org/i4a/pages/index.cfm?pageid=3311). Dr. Feldman, who is President of the American Neurological Association, presented interim results on all 18 procedures in 15 patients, including the last three patients from earlier cohorts who received second procedures. The trial will conclude six months after the last patient was treated, which was in August. (Logo: http://photos.prnewswire.com/prnh/20061221/DCTH007LOGO ) "This has been a very successful trial so far," said Dr. Feldman, Director of the A. Alfred Taubman Medical Research Institute and Director of Research of the ALS Clinic at the University of Michigan Health System. "With the transplantation of these neural stem cells, we are exploring a paradigm shift in the treatment of ALS. We have demonstrated that intraspinal transplantation is feasible and well-tolerated. Although this phase of the trial was not powered to demonstrate efficacy, we appear to have interrupted the progression of the disease in … Continue reading

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Biopharmaceutical Executive Dr. Alan Lewis Appointed as CEO of Medistem

Posted: Published on October 10th, 2012

World-Class Industry Expert to Accelerate Commercialization of Universal Donor Stem Cell Drug for Heart Failure, Critical Limb Ischemia and Type 1 Diabetes SAN DIEGO--(BUSINESS WIRE)--Medistem Inc. (PINKSHEETS:MEDS) announced today appointment of Dr. Alan Lewis to the position of Chief Executive Officer and Member of the Board. Since January, Dr. Lewis has been functioning in the capacity of Scientific Advisory Board Member for Medistem. To date the Medistem team has demonstrated remarkable accomplishments by taking a stem cell from discovery to FDA clearance in the short span of 4 years, thus positioning the company as having the longest patent life among clinical-stage stem cell companies We are enthusiastic that Dr. Lewis is taking the helm to help accelerate clinical development of the Endometrial Regenerative Cell (ERC) universal donor stem cell product, which is already in Phase I and Phase II studies for critical limb ischemia and congestive heart failure, respectively, said Dr. Vladimir Bogin, Chairman of Medistem. Dr. Thomas Ichim is assuming the role as the companys President and Chief Scientific Officer. Dr. Lewis spent 15 years at the pharmaceutical company Wyeth-Ayerst, where he was Vice President of Research, leading translational research efforts in diabetes, CNS, cardiovascular, inflammatory, allergy and bone … Continue reading

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Cell reprogramming: hope, hurdles

Posted: Published on October 10th, 2012

Wednesday, Oct. 10, 2012 PARIS Research in reprogrammed cells, which on Monday earned the 2012 Nobel Prize in medicine, has been hailed as a new dawn for regenerative medicine but remains troubled by several clouds. Kyoto University's Shinya Yamanaka and Britain's John Gurdon were honored with the world's paramount award in medicine for induced pluripotent stem cells (iPSCs). They discovered that a mature, adult cell can be turned back to an infant, versatile state called a stem cell. First theorized in the late 19th century, stem cells are touted as a source of replacement tissue, fixing almost anything from malfunctioning hearts and lungs, damaged spines, Parkinson's disease or even baldness. The first human trials were launched only in 2010, and progress has been dogged by the contested use of stem cells taken from early stage embryos, where the most adaptable, or pluripotent, cells are found. Created by Yamanaka in 2006, iPSCs ease the moral row as they derive from adult cells, not embryos, said University of Oxford ethics professor Julian Savulescu. Ordinary skin cells can be used as the starting material. "Many people objected to the creation of embryos for research, describing it as cannibalizing human beings," Savulescu said. George … Continue reading

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Nobel prize winner in medicine warns of rogue 'stem cell therapies'

Posted: Published on October 10th, 2012

Nobel laureate Shinya Yamanaka warned patients on Tuesday about unproven "stem cell therapies" offered at clinics and hospitals in a growing number of countries, saying they were highly risky. The Internet is full of advertisements touting stem cell cures for just about any disease -- from diabetes, multiple sclerosis, arthritis, eye problems, Alzheimer's and Parkinson's to spinal cord injuries -- in countries such as China, Mexico, India, Turkey and Russia. Yamanaka, who shared the Nobel Prize for Medicine on Monday with John Gurdon of the Gurdon Institute in Cambridge, Britain, called for caution. "This type of practice is an enormous problem, it is a threat. Many so-called stem cell therapies are being conducted without any data using animals, preclinical safety checks," said Yamanaka of Kyoto University in Japan. "Patients should understand that if there are no preclinical data in the efficiency and safety of the procedure that he or she is undergoing ... it could be very dangerous," he told Reuters in a telephone interview. Yamanaka and Gurdon shared the Nobel Prize for the discovery that adult cells can be transformed back into embryo-like stem cells that may one day regrow tissue in damaged brains, hearts or other organs. "I … Continue reading

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Stem cell breakthrough opens new medical window

Posted: Published on October 10th, 2012

THE Nobel Prize-winning discovery of how to reprogram ordinary cells to behave like embryonic stem cells offers a way to skirt around ethical problems with human embryos, but safety concerns make their future use in treating disease uncertain. While researchers have already applied the scientific breakthroughs of Britain's John Gurdon and Japan's Shinya Yamanaka to study how diseases develop, making such cells into new treatments will involve a lot more checks. Stem cells act as the articlebody's master cells, providing the source material for all other cells. They could transform medicine by regenerating tissue for diseases ranging from blindness to Parkinson's disease. Creating embryo-like stem cells without destroying embryos gets round a key controversy by avoiding the need to process embryos left over at fertility clinics a system that has led to political objections in the United States and elsewhere. Reprogrammed cells known as induced pluripotent stem cells, or iPS cells offer an ethically neutral alternative. They have been a source of intense research since Yamanaka discovered their potential in 2006, building on work that Gurdon did in frogs and tadpoles 40 years earlier. Recently, however, different research groups have noticed problems with iPS cells, suggesting they may not be … Continue reading

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Stem Cell Treatment CMT – Patricia Part 1 – Video

Posted: Published on October 10th, 2012

04-10-2012 17:03 Stem Cell Treatment CMT. For more information, please visit World Stem Cells - View original post here: Stem Cell Treatment CMT - Patricia Part 1 - Video … Continue reading

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