MultiCell Technologies, Inc. (MCET.OB) To Attack Liver Cancer
Source: http://Blog.QualityStocks.net/?p=14747Posted on Thursday, March 19th, 2009 | In Small & Micro Cap
MultiCell Technologies, Inc., an integrated biopharmaceutical company based in Rhode Island, announced today that it has entered into a cooperative research and development agreement with Maxim Biotech, Inc., a non-public Maryland-based medical research products company. The focus of the research will be the development of products for working with liver stem cells in the detection and treatment of liver cancer.
Although not one of the most common types of cancer in the U.S., liver cancer is still deadly. Nationwide there were over 21,000 new cases of primary liver cancer and intrahepatic bile duct cancer in 2008 according to the National Cancer Institute. Approximately 85% of those cases were fatal. Worldwide, liver cancer is more common due to the prevalence of hepatitis infection. Hepatocellular carcinoma, resulting from Hepatitis B and Hepatitis C, is the most common cancer in some parts of the world.
One of the problems in dealing with the disease is detection. Primary liver cancer is seldom discovered early, and often does not respond to treatment, resulting in its high rate of mortality. Cancer stem cells (tumor cells that exhibit stem cell like properties) are now thought to play a role in a tumor’s resistance to therapy, and are believed to be responsible for cancer relapse. One hypothesis is that hepatocellular carcinoma arises from the maturation arrest of liver stem cells. As a result, cancer stem cells may offer a unique opportunity to identify and develop a new generation of more effective anticancer agents.
MultiCell has a number patents relating to the isolation and differentiation of liver stem cells. The initial goal of the cooperative agreement with Maxim Biotech will be the development of a family of life science research reagent tool kits to isolate liver stem cells. This will help to elucidate liver stem cell gene function and their encoded proteins. MultiCell also hopes to identify therapeutic targets, as well as diagnostic and prognostic markers of liver cancer, and eventually seeks to develop and patent therapeutic product opportunities targeting the treatment of primary liver cancer and intrahepatic bile duct cancer.
Let us hear your thoughts below:
Last 5 posts by QualityStocks
- Lion Energy, Southern Star Energy (SSEY.OB), Gold Star Resources Fuse to Create Combined Company with Promising Growth Opportunities - November 6th, 2009
- VIASPACE, Inc. (VSPC.OB) Subsidiary Ionfinity Captivates Mass Spectrometry Market - November 6th, 2009
- Google’s Android Takes a Bite Out of Apple - November 6th, 2009
- Continucare Corp. (CNU) First Quarter Fiscal Year 2010 Results Show 116% Increase in Operating Profit - November 6th, 2009
- Muscle Flex, Inc. (MFLI.PK) Now Accepting Orders for the Beagle StepFit, the BUDDY Tablet Caddy and “Danny Alex Commercial Blue” T-Shirts - November 6th, 2009
bile duct cancer;, cancer, hepatitis, Hepatitis B;, hepatitis C, Hepatocellular carcinoma;, integrated biopharmaceutical;, Liver Cancer, Maryland, Maxim Biotech Inc.;, MultiCell Technologies Inc.;, National Cancer Institute, Rhode Island, Small & Micro Cap, Stem Cells, treatment of liver cancer;, treatment of primary liver cancer;, tumor, United States
![]() About QualityStocks (http://QualityStocks.net)
Our name, QualityStocks, emphasizes our commitment to connect subscribers with companies that have huge potential to succeed in the short and long-term future. We believe strong management and vision for the future are crucial for any company to be successful. Timing is everything and we help investors succeed by providing an objective, broad-based view of the SmallCap markets on a daily basis. Please see disclaimer on QualityStocks website: http://disclaimer.qualitystocks.net |



