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| [January 08, 2013] |
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Advanced Cell Technology Achieves Clinical Milestone
MARLBOROUGH, Mass. --(Business Wire)--
Advanced Cell Technology, Inc. ("ACT"; OTCBB:
ACTC or the "Company"), a leader in the field of regenerative
medicine, announced today that investigators for the Company's Phase
I/II clinical trials for Stargardt's macular dystrophy (SMD) and dry
age-related macular degeneration (dry AMD (News - Alert)) have observed evidence of
engraftment of the transplanted human embryonic stem cell (hESC)-derived
retinal pigment epithelial (RPE) cells and visual acuity gain in
patients treated over the 18 months since the trials were first
initiated. The Company believes this observation of engraftment and
persistence is clinically important because engraftment of cells in the
proper area, and recapitulation of normal RPE cell layer structure is
important to the ultimate efficacy of the RPE cells in the treatments.
Additionally, investigators have not observed any issues of safety
relating to the transplanted human embryonic stem cell (hESC)-derived
RPE cells in any of the 18 patients treated. The company believes this
warrants early (though cautious) optimism as the company looks forward
to initiating the second half of the three trials.
"Now that we are at the halfway point in all three of our ongoing
trials, we have had the opportunity to stop and assess not only the data
relating to safety, but also to the activity of the transplanted RPE
cells," said Gary Rabin, chairman and CEO. "In our first report of
hESC-derived cells transplanted into patients, published
in the Lancet, we reported no adverse safety signals and that both
patients that had been treated by that point showed some signs of visual
improvements. For both of those patients, those gains in visual acuity
have persisted for nearly 18 months now. In addition, we have observed
persisting engraftment of the transplanted RPE cells in our more recen
SMD and dry AMD patients. This is the first time we have shown this in
dry AMD patients, which we find particularly encouraging, given that dry
AMD represents one of the largest unmet medical needs in the world."
"We are optimistic about the prospects of our RPE cells ultimately
impacting positively on various forms of macular degeneration," said
Robert Lanza, M.D., ACT's chief scientific officer. "As we have added
additional clinical trial sites, the pace of patient treatments has
picked up. At the same time, we are extending our observations to a
greater number of patients, as well as collecting data over extended
periods of time after the surgery."
Mr. Rabin will be providing an overview of the company's progress,
including providing some representative examples of anatomical data of
RPE engraftment in the trials, in his presentation
on Tuesday, Jan. 8 at Biotech
Showcase 2013 in San Francisco. Pictures of the engraftment will be
included in Mr. Rabin's presentation, which will be posted to the Presentations
section of the ACT site, and a link to a webcast of the presentation
will be available on the Events
section.
About Advanced Cell Technology, Inc.
Advanced Cell Technology, Inc., is a biotechnology company applying
cellular technology in the field of regenerative medicine. For more
information, visit www.advancedcell.com.
Forward-Looking Statements
Statements in this news release regarding future financial and
operating results, future growth in research and development programs,
potential applications of our technology, opportunities for the company
and any other statements about the future expectations, beliefs, goals,
plans, or prospects expressed by management constitute forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Any statements that are not statements of historical
fact (including statements containing the words "will," "believes,"
"plans," "anticipates," "expects," "estimates," and similar expressions)
should also be considered to be forward-looking statements. There are a
number of important factors that could cause actual results or events to
differ materially from those indicated by such forward-looking
statements, including: limited operating history, need for future
capital, risks inherent in the development and commercialization of
potential products, protection of our intellectual property, and
economic conditions generally. Additional information on potential
factors that could affect our results and other risks and uncertainties
are detailed from time to time in the company's periodic reports,
including the report on Form 10-K for the year ended December 31, 2011.
Forward-looking statements are based on the beliefs, opinions, and
expectations of the company's management at the time they are made, and
the company does not assume any obligation to update its forward-looking
statements if those beliefs, opinions, expectations, or other
circumstances should change. Forward-looking statements are based on the
beliefs, opinions, and expectations of the company's management at the
time they are made, and the company does not assume any obligation to
update its forward-looking statements if those beliefs, opinions,
expectations, or other circumstances should change. There can be no
assurance that the Company's clinical trials will be successful.

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