NEWARK, Calif., Jan. 7, 2014 (GLOBE NEWSWIRE) -- StemCells, Inc. (Nasdaq:STEM) announced today that Eliseo Salinas, M.D., Executive Vice President and Head of Research and Development, will provide an update on the StemCells, Inc. development programs and translational work being done with the Company's proprietary HuCNS-SC® human neural stem cells, at the 2014 Alliance for Regenerative Medicine (ARM) State of the Industry Briefing. Dr. Salinas will discuss the Company's plans for completing ongoing safety studies in spinal cord injury and age related macular degeneration (AMD) in the first and second quarters of 2014 respectively, as well as the planned initiation of controlled Phase II efficacy studies in both indications in 2014. The new trials are being designed as definitive Proof of Concept studies with hard clinical outcomes, which should enable the Company to initiate pivotal Phase III studies, assuming that the results are positive. Dr. Salinas is scheduled to speak on January 13th, from 8:00 to 10:00 a.m., at the conference, which is being held at the Parc 55 Wyndham Hotel in San Francisco, CA.
About the Alliance for Regenerative Medicine State of the Industry Briefing
ARM's 4th Annual State of the Industry Briefing is a top-level gathering of key stakeholders including business executives, investors, patient advocates and academic leaders, who will learn about the most recent advances in regenerative medicine and the outlook for the industry in the coming year. Top executives, chief medical officers and principal investigators will cover Phase II and Phase III trials that are expected to yield significant data or be completed in 2014, with a discussion of the expected clinical endpoints. In addition, the program will highlight the most impactful recent financings in the Regenerative Medicine industry including IPOs, reverse mergers and follow-on offerings, through a high-level discussion of what all of this activity means for the sector's progress and fundraising opportunities over the next 12-18 months.