September 22, 2015 10:27am

OCAT closed at $4.77 and is UP +$0.02 in an early day’s range of $4.68 to $4.94 on 150 K share volume <3 moth average = 518.1 k shares>


 

In regard to an article reported in Regenerative Medicine; OCAT has used its proprietary hemangio-derived mesenchymal cell (HMCTM) technology to treat dogs with canine anal furunculosis (CAF), which shares many features with Crohn's disease.

 

Canines have a physiology and sophisticated immune system that closely resembles that of humans, and canines are the only species that naturally develop symptoms and pathology similar to human fistulizing Crohn's disease, including recurrent fistula activity, a difficult-to-treat manifestation of this chronic inflammatory bowel disorder.

 

The Bottom Line: OCAT treated six canines that were refractory to standard treatment, including cyclosporine therapy, and all of the canines were found to be completely free of fistulas at three months post-injection. This study provides “evidence” of the safety and therapeutic potential of human pluripotent stem cell-derived mesenchymal stem cells in a large animal model