Bioheart Partners With Stemlogix to Offer Products to the Veterinary Market
December 20 2011 - 5:00AM
Bioheart, Inc. (BHRT.OB), a company focused on developing stem cell
therapies for heart disease announced that they have entered into
an agreement with Stemlogix, LLC, a veterinary regenerative
medicine company, to provide additional cellular products and
services to the veterinary market. Under the agreement, the
companies will offer culture expanded bone marrow and adipose stem
cells for use in animals with degenerative diseases or acute
injuries. In addition, veterinary patients will have the
option to bank their stem cells for future use.
Bioheart's president and CEO, Mike Tomas said, "Bioheart is
focused on commercializing cell therapies for cardiac patients and
has many years' experience with a variety of different cell
types. This partnership now allows us to utilize our existing
laboratories and expertise to bring these products to the
veterinary market."
The following services and products are currently available:
- Culture expanded bone marrow cells
- Culture expanded adipose cells
- Adipose stromal vascular cells
- Cryopreservation of cells
Jason Griffeth, Chief Operating Officer of Stemlogix said, "We
are excited to expand our current regenerative therapies to include
expanded and cryopreserved cellular therapies. We now have the
ability to customize therapies to fit the exact needs of the
patient by offering many different options. Our partnership
with Bioheart allows us to offer even more regenerative medicine
capability to our veterinary customers and their patients."
About Bioheart, Inc.
Bioheart is committed to maintaining our leading position within
the cardiovascular sector of the cell technology industry
delivering cell therapies and biologics that help address
congestive heart failure, lower limb ischemia, chronic heart
ischemia, acute myocardial infarctions and other issues. Our
goals are to cause damaged tissue to be regenerated, if possible,
and to improve a patient's quality of life and reduce health care
costs and hospitalizations.
Specific to biotechnology, we are focused on the discovery,
development and, subject to regulatory approval, commercialization
of autologous cell therapies for the treatment of chronic and acute
heart damage and peripheral vascular disease. Our leading product,
MyoCell, is a clinical muscle-derived cell therapy designed to
populate regions of scar tissue within a patient's heart with new
living cells for the purpose of improving cardiac function in
chronic heart failure patients.
For more information on Bioheart, visit
http://www.bioheartinc.com.
About Stemlogix, LLC
Stemlogix is an innovative veterinary regenerative medicine
company committed to providing veterinarians with the ability to
deliver the best possible stem cell therapy to dogs,
cats and horses at the point-of-care. Stemlogix
provides veterinarians with the ability to isolate regenerative
stem cells from a patient's own adipose (fat) tissue directly
on-site within their own clinic or where a patient is
located. Regenerative stem cells isolated from adipose tissue
have been shown in studies to be effective in treating animal's
suffering from osteoarthritis, joint diseases, tendon injuries,
heart disorders, among other conditions. Stemlogix has a
highly experienced management team with experience in setting up
full scale cGMP stem cell manufacturing facilities, stem cell
product development & enhancement, developing point-of-care
cell production systems, developing culture expanded stem cell
production systems, FDA compliance, directing clinical &
preclinical studies with multiple cell types for multiple
indications, and more. For more information about veterinary
regenerative medicine please visit www.stemlogix.com.
Forward-Looking Statements: Except for historical matters
contained herein, statements made in this press release are
forward-looking statements. Without limiting the generality of the
foregoing, words such as "may," "will," "to," "plan," "expect,"
"believe," "anticipate," "intend," "could," "would," "estimate," or
"continue" or the negative other variations thereof or comparable
terminology are intended to identify forward-looking statements.
Forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause our actual results,
performance or achievements to be materially different from any
future results, performance or achievements expressed or implied by
the forward-looking statements. Also, forward-looking statements
represent our management's beliefs and assumptions only as of the
date hereof. Except as required by law, we assume no obligation to
update these forward-looking statements publicly, or to update the
reasons actual results could differ materially from those
anticipated in these forward-looking statements, even if new
information becomes available in the future. The Company is subject
to the risks and uncertainties described in its filings with the
Securities and Exchange Commission, including the section entitled
"Risk Factors" in its Annual Report on Form 10-K for the year
ended December 31, 2010, and its Quarterly Report on Form 10-Q
for the quarter ended September 30, 2011.
CONTACT: Bioheart, Inc.
Catherine Sulawsk-Guck
Chief Operating Officer
954-835-1500
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