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CellResearch Corporation (CRC) Announces Positive Results of Phase I Study for CorLiCyte®

CellResearch Corporation, a Singapore-based biopharmaceutical company today announced it has successfully closed the first Phase I study in CorLiCyte®, a stem cell therapy derived from umbilical cord lining stem cells, with research partners at the University of Colorado, Anschutz Medical Campus and ClinImmune Cell and Gene Therapy.

CorLiCyte® is in development for the treatment of a number of serious conditions, with a first target indication of treating diabetic foot ulcer (DFU). In the study protocol nine patients with chronic DFU were treated with CorLiCyte® twice weekly for 8 weeks. None of the patients participating in the study experienced any treatment-related adverse events and all subjects saw a reduction in wound size during the treatment period.

“These results are encouraging and can be used to support further research with CorLiCyte® in future studies, with the potential to address unmet medical needs in treatment of patients with chronic DFUs.” said Cecilia Low-Wang, the lead investigator at the University of Colorado, Anschutz Medical Campus.

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