Creative Medical Technology Holdings Initiates Development of AI-Driven Diagnostic and Treatment Program for Biologic and Chemical Exposure Utilizing its Validated iPSC Personalized Medicine Program
24 7월 2024 - 10:00PM
Creative Medical Technology Holdings, Inc. (“Creative
Medical Technology” or the “Company”) (NASDAQ: CELZ), a
leading commercial-stage biotechnology company focused on a
regenerative approach to immunotherapy, urology, neurology, and
orthopedics, today announced that it has initiated its planned
program to diagnose and treat patients exposed to biological and
chemical weapons by combining Artificial Intelligence (AI) with the
Company’s proprietary human induced pluripotent stem cells
(“iPSC”). This iPSC clinical line is part of the Company’s iPSCelz®
program.
“The program is designed to utilize the
predictive capabilities of AI to identify damage to patients
exposed to biological or chemical weapons and, based on a clinical
diagnosis supported by that assessment, use the Company’s validated
iPSC Inducible Pluripotent Mesenchymal Cells to treat these
individuals on a patient-by-patient basis,” said Timothy
Warbington, CEO of Creative Medical Technology.
About Artificial Intelligence in
MedicineArtificial Intelligence (AI) is changing
biotechnology by strengthening research efficiency, precision, and
innovation. In drug discovery, AI accelerates the identification of
potential targets and optimizes biological screenings,
significantly shortening development timelines. ImmCelz® and
iPSCelz® benefit from AI's ability to analyze vast genetic data,
enabling the creation of tailored treatment plans based on
individual genetic profiles. Predicting the interaction between
compounds and target proteins will help Creative Medical Technology
optimize quality and quantity, helping to maximize the Company’s
resources.
About our Validated iPSC
Programs The iPSC clinical line, derived from the
company’s Mesenchymal Cell (MSC) program currently utilized in
several of our FDA-cleared clinical programs in the U.S., has also
been used to derive validated mesenchymal and T-regulatory cells.
This technology is a key component in the individualized treatment
of such biological and chemical exposure.
“Based on the successful development of our iPSC
MSCs and the use of AI in our process, having filed patents and
possessing substantial trade secrets (2022 and 2023), this program
is within our budget and ready to begin,” continued Mr. Warbington.
“With a strong current cash position and no need to raise funds at
this time, the Company continues to achieve significant milestones
with its multiple programs in a cost-efficient manner without
sacrificing quality and maintaining strict adherence to all
regulatory requirements.”
About Creative Medical Technology
HoldingsCreative Medical Technology Holdings, Inc. is a
commercial-stage biotechnology company specializing in stem cell
technology in the fields of immunotherapy, urology, neurology, and
orthopedics. For further information about the Company, please
visit www.creativemedicaltechnology.com.
Forward Looking StatementsThis
news release may contain forward-looking statements, including but
not limited to comments regarding the timing and content of
upcoming clinical trials and laboratory results, marketing efforts,
funding, etc. Forward-looking statements address future events and
conditions, which may involve inherent risks and uncertainties.
Actual results may differ materially from those currently
anticipated in such statements. See the periodic and other reports
filed by Creative Medical Technology Holdings, Inc. with the
Securities and Exchange Commission and available on the
Commission's website at www.sec.gov.
Company Contact
Investor
RelationsCreative Medical Technology
Devin Sullivan, Managing Director
IR@CreativeMedicalTechnology.com
The Equity Group Inc.
dsullivan@equityny.com
Conor Rodriguez,
Analyst
crodriguez@equityny.com
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