Digg icon reddit icon Stumbleupon icon
Print Email     Print Edition Stories

Thursday, April 23, 2009

Stemgent, Fate Therapeutics launch stem cell platform

By Mass High Tech staff

Stem cell research and technology firms Stemgent Inc. of Cambridge and Fate Therapeutics Inc. of California have jointly developed Catalyst, an induced pluripotent stem (iPS) cell technology platform for use by biotechnology and pharmaceutical firms.

The iPS technology was discovered by Sheng Ding, scientific founder of Stemgent and Fate Therapeutics and associate professor of The Scripps Research Institute. Ding found that iPS cells could be made without genetic modification risk, using cell-penetrating proteins.

The iPS technology has been used to develop iPS cells from Parkinson’s disease patients without viral reprogramming issues, courtesy of Rudolf Jaenisch, scientific founder of Fate Therapeutics, scientific advisory board member of Stemgent and founding member of the Whitehead Institute.

The Catalyst program will give member companies access to the iPS cell technology, with development expenses covered jointly by Fate Therapeutics and Stemgent.

Stemgent announced in March that it had received a $14 million Series A-1 round of funding, with investment coming from HealthCare Ventures and Morgenthaler Ventures.

Stemgent also operates an office in San Diego. It has obtained licenses related to stem cell reagents from top research institutions such as MIT, Harvard University and The Scripps Research Institute in La Jolla, Calif., according to Ian Ratcliffe, CEO of Stemgent, who spoke with Mass High Tech last June.



 

Comments

If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.

Digg icon reddit icon Stumbleupon icon
Contact Editor Latest News

Tech Pulse Poll

What's your level of interest in Pinterest?



View Results

Stay Informed
Check which newsletter you'd like to receive.
TechFlash (Daily)
BioFlash (Daily)
GreenFlash (Weekly)
Startup Report (Weekly)
Breaking news, MHT events, local announcements
RSS feeds
Your email:

Affiliate publications: ACBJ.com, Boston Business Journal, Bizjournals.com, Portfolio.com, Wired.com

Web Site Developed by Neptune Web, Inc.

Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement and Privacy Policy. About our ads.