Press Release: Stemedica : Stemedica Initiating Phase IIb/III Clinical Trial for Patients with Chronic Ischemic Stroke

SAN DIEGO--(BUSINESS WIRE)--Stemedica Cell Technologies, a best-in-class manufacturer of ischemic tolerant, allogeneic mesenchymal stem cells (itMSC), announced today that it has initiated its "PHASE IIB/III, MULTICENTER, RANDOMIZED, DOUBLE-BLIND, PLACEBO-CONTROLLED STUDY TO ASSESS THE EFFICACY, SAFETY, AND TOLERABILITY OF A SINGLE INTRAVENOUS INJECTION OF ALLOGENEIC MESENCHYMAL STEM CELLS TO SUBJECTS WITH ISCHEMIC STROKE" under an existing US IND using its itMSC product. Stemedica plans to ini