Following CA initiative..Geron and the University of California, Irvine Awarded Biostar Grant to Extend Collaboration in Spinal Cord Injury MENLO PARK, Calif.--(BUSINESS WIRE)--Sept. 24, 2002--Geron Corporation (Nasdaq:GERN) announced today the renewal of a matching grant from the University of California BioSTAR Project to support continued research on the use of human embryonic stem cells (hESCs) to derive oligodendrocytes for the treatment of spinal cord and related central nervous system (CNS) injuries. The work, originally initiated in August 2001 with Geron and BioSTAR funding, will continue to be performed in the laboratory of Hans Keirstead, Ph.D. at the University of California, Irvine. The objectives of the current workplan will build on the goals of the project to date, including the reproducible derivation of oligodendrocytes from hESC lines and restoration of function in animal models of spinal cord and demyelination injuries. "Our laboratory is excited to continue this collaboration with Geron and we look forward to building upon the positive results achieved in the first year of the project to make further significant progress this year," remarked Dr. Keirstead. The results from the first year of the project will be presented at the Society for Neuroscience meeting in November. Oligodendrocytes are specialized neural cells that produce the myelin sheath insulating the spinal cord. In many cases of spinal cord injury, the paralysis or other loss of function is the result of the destruction of the myelin sheath, or demyelination. In Dr. Keirstead's work, oligodendrocytes derived from hESCs are transplanted into animals in an effort to re-myelinate -- restore the destroyed myelin -- and thereby restore lost function. Cells derived from hESCs have the potential to provide both cell structure and the appropriate enzymes necessary to restore function to damaged nervous tissue, and can be delivered directly to the injury site with minimally invasive procedures. "The research progress made by Dr. Keirstead and his laboratory in the first year of our collaboration is remarkable," stated Jane S. Lebkowski Ph.D., Geron's vice president of research and development, regenerative medicine. "The milestone for this collaboration in the coming year is to demonstrate efficacy of hESC-derived oligodendrocytes in animal models of spinal cord injury." Human embryonic stem cells are unique stem cells because they are pluripotent. They can develop into all cells and tissues in the body. Also, because they express high levels of telomerase, the cells continuously self-renew in the undifferentiated state without losing pluripotency. The extended replicative capacity of hESC lines will facilitate the scalable and reproducible production of multi-dose lots of oligodendrocytes, allowing rigorous efficacy and safety testing and, ultimately, widespread availability for therapy. Geron holds licenses under U.S. Patent Nos. 5,843,780 and 6,200,806, including exclusive rights to develop and commercialize neural, cardiomyocyte and islet cells derived from hESCs for therapeutic applications. Further, Geron has built its own international portfolio of patent applications covering technologies it has developed to enable the scalable growth and differentiation of hESCs, as well as various differentiated cell types that can be produced from hESCs. The BioSTAR (Biotechnology Strategic Targets for Alliances in Research) Project, initiated in 1996, is a matching grants program designed to accelerate the University of California's contribution to the California economy by fostering partnerships between University scientists and California businesses focused on biotechnology research. Proposals are peer reviewed on a competitive basis by expert scientists and engineers from the University of California system. Geron is a biopharmaceutical company focused on developing and commercializing therapeutic and diagnostic products for applications in oncology and regenerative medicine, and research tools for drug discovery. Geron's product development programs are based upon three patented core technologies: telomerase, human embryonic stem cells and nuclear transfer.
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