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JDRF Partners With Plureon to Explore Generating Insulin-Producing Cells from Human Adult Stem Cells

2/4/2008 - New York, NY

The Juvenile Diabetes Research Foundation (JDRF), the world’s largest charitable funder of type 1 diabetes research, announced today that it is partnering with Plureon Corporation, a biotechnology company based in Winston-Salem, N.C. that focuses on developing therapeutic applications of stem cells.

Through its Industry Discovery and Development Partnership Program, JDRF is providing $500,000 over two years of research funding aimed at developing an insulin-producing beta cell therapy product for the treatment of type 1 diabetes.

“Plureon is exploring exciting alternatives to treat or cure diabetes by developing cell therapies to replace beta cells using adult stem cells as a source,” said Julia Greenstein, Therapeutic Program Director for Replacement at JDRF.  “The results from this study may provide a new strategy to restore function of insulin-producing cells, creating a significant, positive clinical impact on patients with diabetes.”

“This award enables us to extend our research in the field of diabetes,” said Hal Eason, founder and CEO of Plureon.  “By leveraging our existing technology and know-how across additional sources of stem cells, we hope to open new pathways towards a cure.  We are grateful for JDRF’s partnership in this pursuit.”   

The project plans to use Plureon’s technology platform to isolate adult stem cells from a type 1 diabetes patient and re-program them to generate fully functional pancreatic beta-cells.  The objective is to return the re-programmed insulin-producing cells back into the patient in an autologous manner, i.e., without the need for immunosuppressive agents normally required for organ transplantation – in this manner, the patient’s own transplanted cells will be capable of glucose-dependent insulin secretion and the restoration of normal blood sugar levels.

Plureon is the latest company to work with JDRF through its innovative Industry Discovery and Development Partnership program.  Through the program, JDRF partners with pharmaceutical, biotech, and medical device businesses that seek to develop drugs, treatments, technologies, and other therapeutics leading to a cure, reversal, or prevention of type 1 diabetes and its complications.  To date, JDRF has 22 IDDP partners across a range of research areas, committing approximately $25 million in research funding.

Diabetes is a chronic, debilitating disease affecting every organ system.  There are two major types of diabetes: type 1 and type 2.  Type 1 diabetes is an autoimmune disease in which a person’s pancreas stops producing insulin, a hormone that enables people to get energy from food.  Type 1 diabetes usually strikes in childhood, adolescence, or young adulthood, but lasts a lifetime. People with type 1 diabetes must take multiple injections of insulin daily or continuous infusion of insulin through a pump just to survive.  (Type 2 diabetes is a metabolic disorder in which a person’s body still produces insulin but is unable to use it effectively.) Taking insulin does not cure any type of diabetes nor prevent the possibility of its eventual and devastating effects: kidney failure, blindness, nerve damage, amputation, heart attack, and stroke.

About JDRF
JDRF was founded in 1970 by the parents of children with type 1 diabetes -- a disease that strikes children, adolescents, and adults suddenly, makes them insulin dependent for life, and carries the constant threat of devastating complications.  Since inception, JDRF has provided more than $1.16 billion to diabetes research worldwide. More than 85 percent of JDRF's expenditures directly support research and research-related education.  JDRF's mission is constant: to find a cure for type 1 diabetes and its complications through the support of research. For more information please visit www.jdrf.org

About Plureon Corporation
Plureon Corporation is a research stage biotechnology company located in Winston-Salem, North Carolina. Plureon is seeking to develop therapeutic applications of its platform technology, a pluripotent stem cell obtained from amniotic fluid and placenta. These stem cells are obtained without harm to mother or child from biological material otherwise discarded as medical waste. This technology was published in the January 2007 issue of Nature Biotechnology. For more information, please visit http://www.plureon.com


Plureon Receives NIH Grant for Diabetes Research

3/26/2007 - Winston-Salem, NC

Plureon Corporation today announced it has been awarded a grant by the National Institute of Diabetes & Digestive & Kidney Diseases of the National Institutes of Health to advance the company’s platform stem cell technology in the field of diabetes. The grant provides $1 million in funding over a two-year period and may be extended after that for a total of up to $4 million.

The grant is through the Small Business Technology Transfer (STTR) program, a federal program designed to accelerate translation of academic research into commercial application. The study, entitled "Cell Therapy of Diabetes Using Broad Spectrum Multipotent Stem Cells," will be conducted jointly with the Wake Forest Institute for Regenerative Medicine, with Dr. Shay Soker of Wake Forest University School of Medicine serving as the study’s principal investigator.

“We are very pleased to have been awarded this grant. The funding not only helps accelerate potentially life-saving research in the field of diabetes, but also provides an important validation of our platform technology and of the results we have achieved to date,” said Hal Eason, Chief Executive Officer of Plureon.

About Plureon Corporation
Plureon Corporation is a research stage biotechnology company located in Winston-Salem, North Carolina. Plureon is seeking to develop therapeutic applications of its platform technology, a pluripotent stem cell obtained from amniotic fluid and placenta. These stem cells are obtained without harm to mother or child from biological material otherwise discarded as medical waste. This novel technology was published in the January 2007 issue of Nature Biotechnology, a highly respected peer-reviewed journal. For more information about Plureon, please visit our website at http://www.plureon.com.

Major Networks Feature Plureon's Technology on Evening News

1/9/2007 - Winston-Salem, NC

Major US television networks ran stories in their evening news programs highlighting today's publication of Plureon's platform technology, the Amniotic Fetal Stem Cell or "AFS cell", in the journal Nature Biotechnology.

Watch excerpts from ABC's coverage below.


Vatican Issues Statement Praising Plureon's Technology

1/9/2007 - VATICAN CITY (Reuters)

The Vatican on Tuesday welcomed a new way of extracting stem cells that does not use human embryos, calling it a significant advance that could help medical research without going against Roman Catholic beliefs. Cardinal Javier Lozano Barragan, head of the Vatican's Pontifical Council for Health Pastoral Care, said the discovery showed medicine can progress without destroying human embryos.

U.S. researchers reported on Sunday that stem cells found in the amniotic fluid protecting babies in the womb were nearly as powerful as embryonic stem cells in producing adaptable cells that scientists hope can someday transform medicine.

The Catholic Church and other religious groups have been staunch critics of the most common method of stem cell research, which involves extracting cells from human embryos, because they believe such organisms are humans from the moment of conception.

"I am very glad to see this progress in the field of science for the good of humankind," Barragan told Vatican Radio on Tuesday, noting it did not violate "the life of the donor." In an interview with the Italian daily La Stampa on Monday, he called the discovery "a very significant and ethically admissible advance" in the search for cells that can create muscle, bone and other cells to replace damaged ones.

Barragan said the Vatican was not opposed to all stem cell research. "The Church is not obscurantist and is always ready to welcome real scientific progress that neither threatens nor manipulates the sources of life," he said.

"Our task as a church is not to oppose the oratory (that is, faith) and the laboratory (or rather, science), nor to transform science into faith," he said.


White House Supports Use of Plureon's Technology

1/9/2007 - Washington, DC

White House Press Secretary Tony Snow, in a press conference today coinciding with the first publication of Plureon's technology in the journal Nature Biotechnology, said "There is a difference between using amniotic stem cells that do not, by design, involve the destruction of a human life, and embryonic stem cell research which does."

Watch the video of Snow's statement below.


Plureon's Technology Featured on Cover of Nature Biotechnology

1/9/2007 - Winston-Salem, NC

Plureon's platform technology, a fetal stem cell obtained from amniotic fluid and placenta, was featured today on the cover of prestigious journal Nature Biotechnology.

The cells, referred to as Amniotic Fetal Stem cells or AFS cells, are able to propagate well beyond the Hayflick limit and can form tissues of all three germ layers of the human body.

To obtain a copy of the full article, please visit the Nature Biotechnology web site.


Plureon Corporation Announces Diabetes Research and Development Agreement with BD

10/14/2005 - Winston-Salem, NC

Plureon Corporation ("Plureon") today announced that it has entered into an agreement with BD (Becton, Dickinson and Company) in the field of diabetes research and development using Plureon's platform stem cell technology. Plureon's stem cells may be obtained from placental tissues that are usually discarded as medical waste after birth.

Under the agreement, BD will sponsor Plureon's research efforts for up to three years and will be responsible for further development of the technology. Plureon retains rights to provide future manufacturing and medical education support to BD.

Mr. Hal Eason, Chairman, President and CEO of Plureon, said "We are extremely pleased to have BD as our partner in the field of diabetes. BD is a world leader in diabetes care, with an excellent understanding of patients, researchers and practitioners. BD also has unique technology assets to accelerate the research and development of Plureon's technology."

US Army Awards Phase 2 SBIR Grant to Plureon for Development of Keratin Bioceramic Antibiotic Putty for Bone Regeneration

9/1/2005 - Winston-Salem, NC

Plureon (the "Company") announced today it has received notice from the US Army of a Phase 2 SBIR award to continue the Company's development of a Keratin Bioceramic Antibiotic Putty ("KBAP") for Bone Regeneration.

This award follows a Phase 1 award last December to commence the study. The Phase 2 award extends by two years the funding to enable the Company to continue pre-clinical development of the KBAP technology.

KBAP will be used to treat both battlefield wounds and civilian injuries requiring bone repair. The drug delivery system embedded in the compound keeps the injury site free of infection during the healing process, representing a significant improvement over other similar products currently available.


 
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