Cesca Receives Notice of Allowance for U.S. Patent Application Covering a Novel Method of Cell Separation
CESCA THERAPEUTICS INC COMMON (KOOL)
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Source: GlobeNewswire
RANCHO CORDOVA, Calif., Oct. 03, 2017 (GLOBE NEWSWIRE) -- Cesca Therapeutics Inc. (NASDAQ:KOOL), a market leader in automated cell processing and point-of-care, autologous cell-based therapies, today announced that the U.S. Patent and Trademark Office (USPTO) has issued a Notice of Allowance regarding the company’s pending application for a patent covering its proprietary method for separating rare, therapeutically critical target cells from blood, bone marrow, leukapheresis product, and other cell sources, while maintaining the viability of the cells under asceptic conditions. This advanced cell separation technology, known as Buoyancy-Activated Cell Separation, or BACS, is key to the ongoing development of Cesca’s CAR-TXpress™ platform. When issued, this will be Cesca’s second patent in a series relating to its X-BACS technology. On July 28, 2017, Cesca announced that SynGen, Inc., which the company acquired on July 10, 2017, had been awarded a U.S. patent (No. 9,695,394, or th
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