InvestorsHub Logo
Followers 378
Posts 20728
Boards Moderated 2
Alias Born 03/28/2010

Re: None

Thursday, 04/10/2014 9:10:08 AM

Thursday, April 10, 2014 9:10:08 AM

Post# of 11554
NVLX Engages ViruSure to Establish Cell Banks for Phase 2b Clinical Trials in Pancreatic Cancer
SILVER SPRING, Md., April 10, 2014 (GLOBE NEWSWIRE) -- Nuvilex, Inc. (OTCQB:NVLX), a clinical-stage international biotechnology company providing cell and gene therapy solutions for the treatment of diseases, reported today that it has signed a Master Services Agreement with ViruSure GmbH, located in Vienna, Austria, to develop and maintain Master, Working and End of Production Cell Banks. These cell banks are necessary steps in the production of the cells to be encapsulated using the Cell-in-a-Box® technology for Nuvilex's Phase 2b clinical trials in advanced, inoperable pancreatic cancer to be conducted in Australia.

"ViruSure has previous experience in handling the exact cell line that will be used in our Phase 2b clinical trials, which was a major factor in Nuvilex selecting ViruSure for this important step in our preparations for these trials," said Kenneth L. Waggoner, CEO and President of Nuvilex. "This decision was further supported by our on-site inspection of the ViruSure facilities and the excellent historical relationships between ViruSure's key personnel with our partners at Austrianova. ViruSure has years of experience in producing and maintaining cell banks and is an industry leader in this arena."

"We are delighted to be partnering with Nuvilex on such an important project and in helping to bring this much needed therapy for such a devastating disease as pancreatic cancer to the clinic," stated Andy Bailey, CEO and co-founder of ViruSure.

The cells that will make up the Master, Working and End of Production Cell Banks will be those that convert the anticancer drug ifosfamide into its cancer-killing form. These therapeutic cells will be shipped to ViruSure for propagation. First a Master Cell Bank will be established where aliquots of cells will be stored frozen. Cells from the Master Cell Bank will be propagated to make up the large number of cells that will comprise the Working Cell Bank. Ultimately, cells from the Working Cell Bank will be encapsulated using the Cell-in-a-Box® live cell encapsulation technology. An End of Production Cell Bank will then be made from the final product for quality control purposes. The encapsulated cell product, together with ifosfamide, forms Nuvilex's treatment for pancreatic cancer.
http://www.stockwatch.com/News/Item.aspx?bid=U-z10076266-U%3aNVLX-20140410&symbol=NVLX®ion=U

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.