Stem Cell Sciences and the University of Edinburgh announce new technology transfer agreement

03-Feb-2006

Stem Cell Sciences plc announced a technology transfer agreement with the University of Edinburgh, which provides the basis for continued formal collaboration in the area of stem cell research. SCS has collaborated with the University of Edinburgh since 1994 and this new agreement supercedes the original arrangement. All previous patent licenses issued to SCS under the older agreement will remain with SCS. The terms of the new agreement provide a solid basis for future collaborations between the parties.

SCS is continuing its partnership with the University of Edinburgh's Institute of Stem Cell Research (ISCR) due to its status as a world-leading centre for multidisciplinary research in mammalian stem cell biology and its leading role in the emergence and development of the field. The ISCR's mission is to acquire the basic knowledge and understanding of stem cells required for the development of regenerative therapies to treat human disease and injury. Among its many pioneering advances is the understanding of how to control self-renewal and differentiation of stem cells with a view to specific cell types being used in transplantation and tissue repair. In August 2005 SCS and Edinburgh University announced the granting of an exclusive license that has enabled SCS to derive and grow neural stem cells for drug discovery and development in neurological diseases such as Parkinsons Disease and Epilepsy.

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