ViaCyte CEO Says $10M Grant Will Move Stem Cell Therapy to Trial

through the pre-IND (Investigational New Drug) studies,” Laikind said. “We just had a pre-IND meeting with the FDA and laid out the path to the clinic and the preliminary clinical trial protocol.” He added that the company would likely file its IND application with the FDA toward the end of 2013.

The California stem cell agency said it also awarded $9.3 million to Bluebird Bio, which has offices in Cambridge, MA, and San Francisco, to use a stem cell and gene therapy approach to young patients with Beta-thalassemia, a genetic blood disorder. B-thalassemia patients have an inadequate amount of functional hemoglobin, the protein that distributes oxygen through the circulatory system. In severe cases, B-thalassemia can cause organ damage and death.

Both grants were awarded at the October 25th meeting of the stem cell agency’s governing board, the Independent Citizens Oversight Committee (ICOC). CIRM says they are the first awards under the agency’s Strategic Partnership Awards initiative, which is designed to engage more effectively with industry and to increase outside investment in CIRM-funded stem cell research.

The statement from CIRM quotes ICOC chairman Jonathan Thomas as saying: “These awards are designed to help companies complete early stage clinical trials within four years. We feel if we can help companies demonstrate that their therapies are safe, even in small groups of patients, that they will then be able to attract funding from a large biotech or pharmaceutical company to help them complete larger-scale clinical trials and get FDA approval.”

Author: Bruce V. Bigelow

In Memoriam: Our dear friend Bruce V. Bigelow passed away on June 29, 2018. He was the editor of Xconomy San Diego from 2008 to 2018. Read more about his life and work here. Bruce Bigelow joined Xconomy from the business desk of the San Diego Union-Tribune. He was a member of the team of reporters who were awarded the 2006 Pulitzer Prize in National Reporting for uncovering bribes paid to San Diego Republican Rep. Randy “Duke” Cunningham in exchange for special legislation earmarks. He also shared a 2006 award for enterprise reporting from the Society of Business Editors and Writers for “In Harm’s Way,” an article about the extraordinary casualty rate among employees working in Iraq for San Diego’s Titan Corp. He has written extensively about the 2002 corporate accounting scandal at software goliath Peregrine Systems. He also was a Gerald Loeb Award finalist and National Headline Award winner for “The Toymaker,” a 14-part chronicle of a San Diego start-up company. He takes special satisfaction, though, that the series was included in the library for nonfiction narrative journalism at the Nieman Foundation for Journalism at Harvard University. Bigelow graduated from U.C. Berkeley in 1977 with a degree in English Literature and from the Columbia University Graduate School of Journalism in 1979. Before joining the Union-Tribune in 1990, he worked for the Associated Press in Los Angeles and The Kansas City Times.