SCM Life Science, Presented at '5th Annual Biologics World Korea 2016'
Our graft versus host disease (GVHD) fresh homogeneous stem cell therapy has been approved by the Ministry of Food and Drug Safety for phase 2 clinical trials.
GVHD is a complication caused by rejection
through immune system stimulation during homogeneous bone marrow
transplantation and is classified into acute and chronic types according to the
timing of occurrence and is an intractable disease without effective cure in
the event of primary treatment failure.
Globally, GVHD is the world's largest
number of single diseases are clinical trials. And The GVHD stem cell therapy
market is a market with an average annual growth rate of 6.6% from $300 million
in 2013 to $400 million in 2018 and is highly commercial when the treatment
development is successful.
Through the phase 2 clinical trial approved
this time, the company proved the effectiveness and safety of the treatment for
graft versus host disease.
In order to treat refractory diseases such
as GVHD, we have secured high purity stem cell separation source technology, customized
treatment development, and mass production technology.
The company holds patents from South Korea,
the United States, Japan, China, and the European Union (EU) for its
"(SCM, Subfraction Culturing Method)" and high-purity stem cell
treatment manufacturing technology that can separate high-purity adult stem cells
(cMSCs).
The "“Subfractionation Culturing
Method”" developed by the company after long research is a technology that
separates high-purity stem cells that are much purer than the existing stem
cell separation method, "agricultural drainage centrifugation
method."
Song Sun-uk, CEO of our company, said, “As
we have the original technology to maximize the efficacy while maintaining the
safety of the treatment, we will start the phase 2 clinical trial in April and
do our best to commercialize it as a treatment for rare and incurable
diseases.” And "I want to provide hope to patients with refractory
diseases who do not have a suitable treatment," he said.
Meanwhile, we have secured original
technologies, patents, and manufacturing facilities for stem cell therapy for
intractable diseases.
On the 12th, it succeeded in attracting a total of 10 billion won in additional funds from domestic venture capital and is considered a company with advanced technology that can open a new chapter in stem cell treatment and is preparing for listing.