BioRestorative Therapies, Inc. ("BRT" or the "Company")
(OTCBB:BRTX), a life sciences company focused on adult stem
cell-based therapies for various personal medical applications,
announced that a Pre-IND (Investigational New Drug) meeting with the
Center for Biologics Evaluation and Research (“CBER”) of the U.S. Food
and Drug Administration (“FDA”) has been scheduled for December 19, 2014.
The purpose of the meeting is to obtain FDA’s input regarding BRT’s
plans for the development of brtxDISC™, the Company’s novel
autologous stem cell product for the treatment of chronic lumbar disc
disease (“cLDD”). In preparation for the meeting, the Company has
submitted a Pre-IND Package to the FDA that describes the information
BRT proposes to include in the brtxDISC™ IND planned for
submission in 2015. The IND is the regulatory vehicle that will allow
for the initiation of clinical trials with brtxDISC™ for the
treatment of cLDD.
Prior to the meeting, FDA will specifically review BRT’s manufacturing,
preclinical pharmacology and toxicology, and clinical plans for brtxDISC™
and provide comments to the Company. At the meeting, BRT management and
its advisors will discuss with FDA any follow-up questions or
clarifications relative to FDA’s comments on the Pre-IND Package.
“This is an exciting milestone for BRT, and we are pleased to have
achieved our goal of submitting our Pre-IND Information Package and
being granted a meeting with the FDA prior to the end of the year,” said
Mark Weinreb, BioRestorative Therapies’ Chief Executive Officer. “Our
submission summarizes the proposed nonclinical efficacy and safety
studies of brtxDISC™ to support an IND, the proposed
manufacturing process and controls, and a synopsis of the first proposed
clinical study on subjects with cLDD. We look forward to reporting on
further regulatory progress for this important program.”
About BioRestorative Therapies, Inc.
BioRestorative Therapies, Inc. (www.biorestorative.com)
develops products and medical procedures using cell and tissue
protocols, primarily involving adult stem cells, including:
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brtxDISC™ (Disc Implanted Stem
Cells) is an investigational non-surgical treatment for
protruding and bulging lumbar discs that is intended for patients who
have failed non-invasive procedures and face the prospect of surgery.
The treatment involves culturing a patient’s own stem cells and then
delivering them via a proprietary medical device to the damaged region
of the disc in an outpatient procedure.
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ThermoStem® is a treatment using brown fat stem cells
that is under development for metabolic disorders including diabetes
and obesity. Initial preclinical research indicates that increased
amounts of brown fat in the body may be responsible for additional
caloric burning as well as reduced glucose and lipid levels.
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brtx-C Cosmetic is based on the development of a
human cellular extract that has been demonstrated in in vitro skin
studies to increase the production of collagen and fibronectin, which
are proteins that are essential to combating the aging of skin.
Potential cosmetic uses are being explored with third parties.
The Company also offers plant stem cell-based facial creams and beauty
products under the Stem Pearls® brand at www.stempearls.com.
Forward-Looking Statements
This press release contains "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended, and such
forward-looking statements are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995. You
are cautioned that such statements are subject to a multitude of risks
and uncertainties that could cause future circumstances, events or
results to differ materially from those projected in the forward-looking
statements as a result of various factors and other risks, including
those set forth in the Company's Form 10-K filed with the Securities and
Exchange Commission. You should consider these factors in evaluating the
forward-looking statements included herein, and not place undue reliance
on such statements. The forward-looking statements in this release are
made as of the date hereof and the Company undertakes no obligation to
update such statements.
Copyright Business Wire 2014