Full Press Release Details
Medical Technology Holdings Announces Commercialization of patented Stem Cell Procedure for Erectile Dysfunction.
Trial Results Support Initiation of Urologist Outreach and Commercialization
October 18, 2017 Phoenix, AZ, Creative Medical Technology
Holdings (OTCQB - CELZ) announced today completion of the safety data analysis on 20 patients with pharmacologically-resistant
erectile dysfunction treated with the Company's patented CaverStemTM procedure.
The trial, sponsored by Creative Medical Technology Holdings,
was conducted at the University of California Los Angeles Harbor Hospital/LA Biomed under Institutional Review Board (IRB) approval.
An independent medical safety monitor was also appointed to review the patient data for safety and feasibility of administering
bone marrow derived stem cells into patients with erectile dysfunction. The goal of this procedure is to regenerate blood vessels
and smooth muscle, parts of the penis that are not functioning properly in this patient population.
"Based on establishment of safety of the CaverStemTM
procedure in a formal university-based clinical trial, and independent confirmation of efficacy in an European clinical trial1,
we have launched commercialization for the Caverstem procedure," said Timothy Warbington, President and Chief Executive Officer
of Creative Medical Technology Holdings. "Amongst other top urologists, we have recruited a world-renowned urologist as a
lead physician to roll-out the procedure. We anticipate that the procedure will be available to patients that meet the eligibility
criteria within the next 60 days."
According to the National Institutes of Health, approximately
30 million men in the United States suffer from Erectile Dysfunction2,
of which 9 million do not respond to pharmacological treatments such as Viagra, Levitra and Cialis.
"The CaverStemTM procedure involves obtaining
a small amount of bone marrow from the patient, purifying the stem cells using a closed system device that is FDA cleared, and
then administering these cells in the same procedure into the patient's penis," said Thomas Ichim, Ph.D, Chief Scientific
Officer and Co-Founder of the Company. "Having published the first peer-reviewed paper on this procedure back in 2013 together
with internationally renowned urologists and stem cell experts3,
it is very exciting for me to watch this translate from bench to bedside."
About Creative Medical Technology Holdings
Creative Medical Technology Holdings, Inc. is a clinical stage
biotechnology company currently trading on the OTCQB under the ticker symbol CELZ. For further information about the company go
to creativemedicaltechnology.com.
Forward-Looking Statements
OTC Markets has not reviewed and does not accept responsibility
for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited
to comments regarding the timing and content of upcoming clinical trials, marketing efforts, funding, etc. Forward-looking statements
address future events and conditions and, therefore, involve inherent risks and uncertainties. Actual results may differ materially
from those currently anticipated in such statements. See the periodic and other reports filed by Creative Medical Technology
Holdings, Inc. with the Securities and Exchange Commission and available on the Commission's website at www.sec.gov.
SOURCE Creative Medical Technology Holdings, Inc.
Timothy Warbington, CEO