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Living Cell Technologies Ltd(LVCLF)

Description: Living Cell Technologies Limited (LCT) is an Australasian biotechnology company improving the wellbeing of people with serious diseases worldwide by discovering, developing and commercializing regenerative treatments which restore function using naturally occurring cells. LCT's lead product NTCELL is an alginate coated capsule containing clusters of neonatal porcine choroid plexus cells. After transplantation, NTCELL functions as a biological factory producing nerve growth factors to promote new central nervous system growth and repair disease induced nerve degeneration. The Phase I/IIa NTCELL clinical trial in New Zealand for the treatment of Parkinson's disease met the primary endpoint of safety and showed encouraging clinical efficacy improvements. Results from this trial will be used to design a larger Phase IIb trial to evaluate its potential as a disease-modifying treatment for patients with Parkinson's disease. It has the potential to be used in a number of other central nervous system indications such as Huntington's, Alzheimer's and motor neurone diseases. LCT's proprietary encapsulation technology, IMMUPEL, allows cell therapies to be used without the need for co-treatment with drugs that suppress the immune system. LCT holds a 50% interest in Diatranz Otsuka Limited which is developing a cell therapy for type 1 diabetes. LCT is listed on the Australian (ASX: LCT) and US (OTCQX: LVCLY) stock exchanges. The company is incorporated in Australia, with its operations based in New Zealand.


Keywords: Biotechnology Life Sciences Biology Diabetes Immune System Parkinson's Disease Cell Therapy Cell Biology Transplantation Treatment Of Parkinson's Disease Nerve Serious Diseases New Zealand Restore Encapsulation Natal Growth Factors The Australian Huntington Encapsulation Technology Type 1 Diabetes Motor Neurone Diseases Repair Disease Treatment For Patients With Parkinson's Disease

Home Page: www.lctglobal.com

Tower 2
Sydney, NSW 2000
Australia
Phone: 61 3 8689 9997


Officers

Name Title
Dr. Bernard Tuch B.Sc., BSc, FRACP, GAICD, MBBS, MBBS (Hons), Ph.D. Interim Chief Exec. Officer
Mr. Daya Uka Chief Financial Officer
Dr. Belinda Di Bartolo Chief Operations Officer
Mr. Mark Andrew Licciardo B Bus (Acc), FCIS, FGIA, GAICD, GradDip CSP Company Sec.

Exchange: PINK

Country: US

Currency: US Dollar ($)

Forward PE: 0
Trailing PE: 0
Price-to-Book MRQ: 6.9579
Price-to-Sales TTM: 5586.8804
IPO Date:
Fiscal Year End: June
Full Time Employees: 0
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