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Jan 15, 2008

Arteriocyte Receives a Grant to Further Stem Cell Product for the Treatment of Chronic Coronary Ischemia

  • Arteriocyte received a $509,000 subgrant that will allow the company to initiate Phase II evaluation of its lead stem cell product in chronic coronary ischemia. The funding is part of a $60 million award to the Cleveland Clinic-led Global Cardiovascular Innovation Center (GCIC) initiative.

    GCIC is a multi-institutional initiative that includes major research institutions in Ohio including Cleveland Clinic, Case Western Reserve University, University Hospitals, Ohio State University, University of Cincinnati, and University of Toledo. Arteriocyte is reportedly one of 12 Ohio companies participating as research partners under subcontract.

    “As Arteriocyte prepares to enter Phase II clinical evaluation of our lead stem cell therapy, ACY001,” remarks Donald Brown, Arteriocyte's chairman, “the support and collaboration with Cleveland Clinic's GCIC will help to accelerate our entry into the company's next stage of clinical development.”



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Scientifically Studying Ecstasy

MDMA (commonly known as the empathogen “ecstasy”) is classified as a Schedule 1 drug, which is reserved for compounds with no accepted medical use and a high abuse potential. Two researchers from Stanford, however, call for a rigorous scientific exploration of MDMA's effects to identify precisely how the drug works, the data from which could be used to develop therapeutic compounds.

Do you agree that ecstasy should be studied for its potential therapeutic benefits?

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