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Stock impact report

Seneca Biopharma, Inc. Announces the Completion of Stem Cell Manufacturing Facility in China

Seneca Biopharma, Inc. (SNCA) 
Company Research Source: PR Newswire
GERMANTOWN, Md., April 3, 2020 /PRNewswire/ -- Seneca Biopharma, Inc. (Nasdaq: SNCA), a biopharmaceutical company focused on developing novel treatments for diseases of high unmet medical need, today announced the completion of its new cell manufacturing facility in Suzhou, China. The facility will be used to manufacture NSI-566, the company's lead stem cell therapy, for clinical trials within China, including a non-GCP compliant Phase II trial currently underway for the treatment of chronic ischemic stroke at the BaYi Brain Hospital in Beijing. Stroke is the leading cause of death and disability in China. "Completion of our new facility in Suzhou is a key milestone in Seneca's product development strategy," said Dr. Ken Carter, Executive Chairman of Seneca. "This facility will allow us to manufacture cells to support our current and future clinical trials in China." Further, Dr. Carter commented "I'd like to personally thank the staff who have been able to move forward on this plan w Show less Read more
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