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MCET - MultiCell Technologies, Inc. (MCET.OB) Stem Cell Patent
MultiCell Technologies, Inc. (MCET.OB) is surging this morning on news on a Stem Cell Patent Granted. MCET is up 165% to $0.0122.
MultiCell Technologies is Granted Stem Cell Patent
MultiCell Technologies, Inc. (MCET.OB) is pleased to announce the issuance of U.S. patent 7,935,528 by the United States Patent and Trademark Office (USPTO) relating to the isolation and use of human liver stem cells to treat liver disease. Under the terms of its license agreement with Rhode Island Hospital, MultiCell Technologies is the worldwide exclusive licensee of U.S. patent 7,935,528.
The patent describes methods to isolate and use human liver stem cells to treat degenerative liver diseases, or inherited deficiencies of liver function. Patients who suffer from severe, irreversible liver disease for which other medical and surgical treatments have failed are often candidates for a liver transplant. Liver stem cells which differentiate into functional mature hepatocytes could help to reconstitute a diseased liver, and may be an alternative approach to whole organ transplants for certain liver diseases.
"We are pleased the USPTO has agreed that our liver stem cells are indeed novel and may lead to important therapeutic applications," said W. Gerald Newmin, Chairman and Chief Executive Officer. "Our efforts to better understand liver stem cell biology, and the role these cells play in chronic liver disease and primary hepatocellular carcinoma, is a major focus of the Company," Mr. Newmin stated.
About MultiCell Technologies, Inc.
MultiCell Technologies, Inc. is a clinical-stage biopharmaceutical company developing novel therapeutics and discovery tools that address unmet medical needs for the treatment of neurological disorders, hepatic disease and cancer. For more information about MultiCell Technologies, please visit http://www.multicelltech.com
Tags: MCET, MultiCell, Technologies, cell, penny, stem, stock, stocks
Views: 112
Replies to This Discussion
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Top MemberPermalink Reply by Rhee on -
Tim, huge thanks for this.
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Permalink Reply by hrvoje eterovic c on -
Does anyone thinks MCET will keep moving up tomorrow?
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Permalink Reply by Kevin on
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whats every one think about this stock again tmrw? Is it still gonna grow strength or is it gonna pull back big?
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Permalink Reply by Day Dream on
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That sucks i did get in i was on the site the whole morning and i didnt see this
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Permalink Reply by Stocks To Buy on -
MCET is indicated to open around $0.021 this morning. Keep tight mental stops though, look what happened to NEOM yesterday.
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Permalink Reply by beth massi on
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MCET is it a buy or a sell...or hold??
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Permalink Reply by pftq on
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It's crashing right now - I wouldn't hold it. NEOM dropped from .20 to .09 yesterday after a similar run.
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Permalink Reply by Stocks To Buy on
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I think MCET is a sell now, the trend with these momentum stocks is up big one day and then down the next
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Permalink Reply by pftq on
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Someone just bought 16M shares at .0147 - might lead to a turnaround. Took a small position just to see.
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Permalink Reply by Welly syakhasone on -
risin a little
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