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NEW YORK, June 30, 2014 (GLOBE NEWSWIRE) --
NeoStem, Inc. (Nasdaq:NBS), a leader in the emerging cellular therapy industry, announced today that two of its leading cancer immunotherapy experts, Dr. Andrew Pecora, Chief Visionary Officer, NeoStem; and Dr. Robert O. Dillman, Vice President, Oncology of the Company's wholly-owned subsidiary, NeoStem Oncology LLC., will give presentations at the sub-conferences of the Novel Cancer Therapeutics Summit in Boston, Massachusetts on Monday, July 7.
Dr. Pecora will speak about highlights of NeoStem's Targeted Immunotherapy Program that focuses on patient-specific immunotherapies for the treatment of late stage cancers, including NeoStem's expected launch later this year of a pivotal Phase 3 trial for Melapuldencel-T, its lead product candidate. Dr. Dillman will speak about whether the best source of tumor-associated antigens may be autologous tumor cells that self-renew in tissue culture.
About NeoStem, Inc.
NeoStem is a leader in the emerging cellular therapy industry, pursuing the preservation and enhancement of human health globally through the development of cell based therapeutics that prevent, treat or cure disease by repairing and replacing damaged or aged tissue, cells and organs and restoring their normal function. The business includes the development of novel proprietary cell therapy products as well as a revenue-generating contract development and manufacturing service business. This combination has created an organization with unique capabilities for cost effective in-house product development and immediate revenue and cash flow generation.
NeoStem expects to initiate a pivotal Phase 3 trial for Melapuldencel-T, an autologous melanoma initiating (stem) cell immune based therapy intended to eliminate the tumor cells capable of causing disease recurrence. The goal of the therapy is to eliminate or neutralize the tumor cells that are responsible for recurrence after medically induced tumor regression after a patient has already had undergone other treatments which may have reduced tumor size, but failed to entirely eliminate the cancer. Melapuldencel–T has been the subject of compelling trial results for the treatment of metastatic melanoma. As a result, Melapuldencel-T has been approved to enter a Phase 3 clinical trial with Special Protocol Assessment (SPA) and received Fast Track designation for metastatic melanoma, as well as Orphan Drug designation.