It has raised # 7 million to take its research into regenerative technologies for end - stage renal disease and replacement of damaged tissues to
clinical proof of concept.
In the
first clinical proof of its kind, a drug has dramatically shrunk cancerous tumors by disrupting a key genetic pathway.
Through this arrangement, Celgene obtained rights of first refusal on the first three oncology products Triphase advances to
clinical proof - of - concept, plus a right of first negotiation on three more future oncology products which may be acquired by Triphase.
The program is expected to provide
the clinical proof of principle that such a stem cell therapy will be safe and effective in regulating blood sugar levels.
And, of course, doctors stand by products that have
clinical proof to back them up.