Leading the Way in Life Science Technologies

GEN Exclusives

More »

GEN News Highlights

More »
Mar 30, 2009

CHA Bio Gains Korean License for ACT’s Retinal Pigment Epithelium Technology

  • Advanced Cell Technology (ACT) is licensing its retinal pigment epithelium (RPE) technology to CHA Bio & Diostech for development and commercialization exclusively in Korea. ACT could receive $1.9 million in up-front and milestone fees over the next year.

    Under the terms of the agreement, CHA Bio will incur all the cost associated with RPE clinical trials in Korea. ACT expects to make an IND submission in the U.S. during the second half of this year.

    The arrangement is part of a collaboration between the two companies, including a recent joint venture called Stem Cell & Regenerative Medicine International. It is located in Worcester, MA, and focuses on the development of human blood cells. It is majority owned by CHA Bio and has exclusive rights to ACT’s hemangioblast technology.



Related content

Be sure to take the GEN Poll

Cancer vs. Zika: What Worries You Most?

While Zika continues to garner a lot of news coverage, a Mayo Clinic survey reveals that Americans believe the country’s most significant healthcare challenge is cancer. Compared to other diseases, does the possibility of developing cancer worry you the most?

More »