Regen BioPharma Inc. (OTCBB: RGBP) (OTC PINK: RGBP) announced today the acquisition of new laboratory facilities in La Jolla area of San Diego, California. The laboratory space being leased by Regen is located within the Human BioMolecular Research Institute and provides the Company with access to molecular and cellular biology facilities critical to the Company's cancer stem cell research. Experimental studies in the new laboratory have commenced this week with an initial focus on performing pre-clinical experiments whose objective is the advancement of the Company's cancer stem cell and telomere therapeutic pipeline.
"Regen BioPharma has historically relied on academic collaborators and numerous contract research organizations for advancement of its science. This laboratory space provides us with the capacity to conduct in-house developmental and pre-clinical research with regards to our extensive product pipeline," stated David Koos, Chairman and CEO of Regen. "Given that DifferonC, a gene-silencing based therapeutic for treatment of myelodysplastic syndrome, is our next planned IND, and we have three other downstream pipeline products, it has become important to possess our own laboratory capabilities to most seamlessly and effectively perform critical experiments internally prior to engaging a GLP facility."
