Cellect Biotechnology Reports Third Quarter 2019 Financial and Operating Results
Cellect Biotechnology Ltd. - American Depositary Shares (APOP)
US:NASDAQ Investor Relations:
cellect.co
Company Research
Source: PR Newswire
TEL AVIV, Israel, Nov. 19, 2019 /PRNewswire/ -- Cellect Biotechnology Ltd. (NASDAQ: APOP), a developer of innovative technology which enables the functional selection of stem cells, today reported financial and operating results for the third quarter ended September 30, 2019 and provided a corporate update. Recent HighlightsReceived an Investigational New Drug (IND) approval from the U.S. Food and Drug Administration (FDA) for the commencement of a clinical trial to determine the safety and tolerability of the ApoGraft technology for haploidentical bone marrow transplantations. This development represents the Company's first-ever clinical trial approval in the U.S. using its ApoGraft stem cell selection technology, which is designed to significantly reduce acute graft-versus-host disease (aGVHD) following bone marrow transplantation.Successfully validated the Company's technology in collaboration with a regenerative medicine company. The study, when combined with others and internal
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