On February 13, 2019 Cartherics Pty Ltd ("Cartherics") and panCELLa Inc. ("panCELLa") are pleased to announce their collaboration to research, develop and commercialize products for the treatment of cancer and other debilitating diseases using cell therapy (Press release, Cartherics, FEB 13, 2019, View Source [SID1234553814]). panCELLa will integrate their exclusive FailSafeTM technology into Cartherics’ proprietary homozygous HLA haplotype cells to bring the power of safe cell therapy to a greater number of patients.

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"This technology is an important step to ensure the safety of the next generation of very effective gene-edited stem cell-derived immunotherapies," said Prof. Alan Trounson, CEO Cartherics.

Leveraging the science recently published in "Linking a cell division and a suicide gene to define and improve cell therapy safety" in the November 21st 2018 issue of Nature, panCELLa will maximize the safety level of Cartherics unique therapeutic cancer-killing cells (CAR-T Cells) by building in a molecular kill-switch among the genes of the cells, enabling the efficient elimination of dangerously dividing or rogue cells.

"We anticipate that this partnership will provide for the highest level of cell therapy safety," stated Dr. Andras Nagy, President and CSO of panCELLa. "We are pleased to partner with Cartherics to address the needs of immunotherapy treated cancer patients and to generate a FailSafe cell source for cell therapies in regenerative medicine. It is our mission to provide off-the-shelf universally safe cell therapies for all humankind."