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Subject : [AFP] S. Korea approves sales of new stem cell drug
Register : MEDIPOST
View/Date : Hit : 7943, Date : 2012/01/26 20:31

S. Korea approves sales of new stem cell drug

A South Korean researcher holds Cartistem, an allogeneic stem cell
drug developed by Seoul-based Medipost (AFP/Medipost)

SEOUL — South Korea's government drug agency cleared the way Thursday for commercial sales of what it called the world's first approved medicine using stem cells collected from other people.

Cartistem, developed by Seoul-based Medipost, will help regenerate knee cartilage using stem cells developed from newborns' umbilical cord blood, the Korea Food and Drug Administration said.

"Cartistem is... the world's first approved allogeneic (taken from different individuals of the same species) stem cell drug, that can offer new opportunity for treatment of patients with degenerative arthritis," the administration said in a statement.

Medipost said 27 billion won ($23.8 million) from private investors and government funds had been invested to develop Cartistem since 2001. The drug can be injected into a patient's knees via surgery.

Clinical trials have been under way in the United States since last year, the statement said.

Two of the world's top 10 drugmakers are in talks to seek a worldwide licence to make the drug, a Medipost spokesman told AFP, adding that final trials involving a large number of people would likely begin in the US in 2015.


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No. Subject Register Date View
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81 [Press] Medipost, successful administration of stem cell dementia tr.. MEDIPOST 2014/04/28 277
80 [Press] Medipost, Japan patent for dementia treatment technology usi.. MEDIPOST 2014/04/17 280
79 [Press] Medipost, stem cell treatment 'CARTISTEM' patient cutting th.. MEDIPOST 2014/03/27 300
78 [Press] Medipost, Stemcell cartilage differentiation technology Sing.. MEDIPOST 2014/03/18 284
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76 [Press] Football Manager Guus Hiddink, receives arthritis surgery wi.. MEDIPOST 2014/01/09 479
75 [Press] Medipost, designated 'Stem Cell Hair Growth Solution' resear.. MEDIPOST 2013/12/20 420
74 [Press] Medipost, signed license for 'Cartistem' in India MEDIPOST 2013/12/16 456
73 [Press] Medipost, strengthening marketing of 'Cartistem' by particip.. MEDIPOST 2013/12/09 350
72 [Press] Medipost Lung Treatment Medicine 'Pneumostem' designated Orp.. MEDIPOST 2013/12/05 386
71 [Press] Medipost, core technology of the Alzheimer's dementia treatm.. MEDIPOST 2013/10/24 470
70 [The Korea Times] Medipost recognized as 'investible' stem cell firm MEDIPOST 2013/10/14 1775
69 [Press] Medipost, stem cell dementia treatment 2a clinically approved. MEDIPOST 2013/09/11 552
68 [Press] Medipost 'Cartistem', intensive report on Chicago's WGN-TV MEDIPOST 2013/08/29 480
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