EPALINGES, Switzerland, Aug. 14, 2012 (GLOBE NEWSWIRE) -- via PRWEB - Stemedica International, SA (Epalinges, Switzerland), a wholly owned subsidiary of Stemedica Cell Technologies, Inc. ("Stemedica"), a leader in adult stem cell research and manufacturing, announced today that it has been granted a series of licenses by Swissmedic (the Swiss equivalent of the United States Food and Drug Administration). These licenses specifically authorize the Company to import and export its Stemedyne(TM) stem cell products worldwide for human use in approved clinical trials. Granting of the license by Swissmedic marks the culmination of a two-year inspection process of Stemedica's United States and Swiss operations. The Swiss government's rigorous inspection and approval process has included: (1) a comprehensive, in-depth audit of Stemedica's processes and procedures; (2) the examination of Stemedica's quality systems; and (3) interviews with facility management and onsite inspections of the facilities. Stemedica currently produces two lines of ischemia-tolerant adult allogeneic stem cell products. These include Stemedyne(TM)-MSC, bone marrow derived mesenchymal stem cells and Stemedyne(TM)-NSC, neural stem cells. A third product, Stemedyne(TM) Retinal Pigment Epithelium (RPE) stem cells is currently in development. Stemedica now has full regulatory approval from the Swiss government to provide these cells to countries that can … Continue reading
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