Stemedica Forms Cardiology Division. Sergey Sikora, PhD Appointed As Division President

Stemedica Cell Technologies, Inc., a leader in adult allogeneic stem cell manufacturing, research, development, and clinical applications announced today that it has formed a Cardiology Division to advance the Companys national and international clinical trials in chronic heart failure, acute myocardial infarct (AMI) and other cardiac conditions.

San Diego, CA (PRWEB) February 15, 2013

Stemedica has made considerable progress in the translational applications of its ischemia tolerant adult allogeneic stem cells for cardiovascular diseases. The Company recently gained FDA approval for a multi-center Phase II clinical trial for intravenous treatment of AMI with its Stemedyne-MSC product. Regulatory approval has also been granted to the National Medical Research Center in Astana, Kazakhstan for a Phase III trial with Stemedyne-MSC. A Phase II clinical trial for chronic heart failure has begun at Hospital Angeles in Mexico. Additional cardiology trials with Stemedyne-MSC are being planned in several countries around the world, including Switzerland and Indonesia.

Dr. Sergey Sikora, the newly appointed Cardiology Division President, brings 12 years of experience in biomedical research, diagnostics and therapeutics in cardiology. Prior to Stemedica, he served as Senior Vice President and Scientific Advisory Board member of the FirstMark Cardiology Diagnostics Division of GenWay Inc. Dr. Sikora also worked with the Burnham Institute where he developed a novel bioinformatics/experimental biology streamlining methods for rapid experimental conformation of computational predictions. His work analyzing the genome of severe acute respiratory syndrome (SARS) resulted in a U.S. patent and a number of published research articles. Dr. Sikora obtained his PhD in molecular biology from UCLA and MBA from the Rady School of Management at the University of California, San Diego.

Nikolai Tankovich, MD, PhD, President and Chief Medical Officer of Stemedica commented, This is a pivotal time to have an executive of Dr. Sikoras caliber join our team. We have extensive interest worldwide in the application of our unique stem cells for heart and blood vessel diseases. Dr. Sikora will be coordinating the efforts of clinicians and researchers at multiple sites around the world.

Dr. Sikora commented, I am excited to contribute to Stemedicas growth by utilizing my experience and contacts in the cardiology field to advance the science and translational efforts of stem cell treatments.

Maynard Howe, PhD, Vice Chairman and CEO of Stemedica noted, Our strategy as a company is to expand our clinical trials using our multiple cell lines to address specific medical indications. The company will continue to acquire additional strategic partners that share our vision of bringing our products to the millions of people around the world who suffer from serious cardiac conditions.

About Stemedica Cell Technologies, Inc. http://www.stemedica.com

Stemedica Cell Technologies, Inc. is a specialty bio-pharmaceutical company that is committed to the manufacturing and development of best-in-class allogeneic adult stem cells and stem cell factors for use by approved research institutions and hospitals for pre-clinical and clinical (human) trials. The company is a government licensed manufacturer of clinical grade stem cells and is approved by the FDA for clinical trials in ischemic stroke, cutaneous photoaging and acute myocardial infarction. Stemedica is currently developing regulatory pathways for a number of other medical indications using adult allogeneic stem cells. The company is headquartered in San Diego, California.

For more information regarding Stemedica Cell Technologies, Inc., contact Dave McGuigan at dmcguigan (at) stemedica.com.

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Stemedica Forms Cardiology Division. Sergey Sikora, PhD Appointed As Division President