Osteoarthritis Stem Cell Therapy Could Be On Sale In India By 2020

A novel Indian stem cell injection treatment intended to slow down joint damage caused by osteoarthritis and potentially avert replacement surgery will undergo domestic Phase III trials this year and could be on sale in the country by 2020 under a licensing deal between Alkem Laboratories and biotech firm Stempeutics.

Handshake of businessmen

Alkem Laboratories Ltd., a major drug maker headquartered in Mumbai, has struck a licensing deal with the Indian clinical stage biotech firm Stempeutics Research Pvt Ltd for a stem cell therapy, Stempeucel, to which Alkem gains sole marketing rights. Stempeutics will manufacture and supply the product, which may become the first of its type in its intended use in India.

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