Within days of being launched, BlueRock Therapeutics, a stem cell research company established by German pharma major Bayer (BAYN: DE) and Versant Ventures, has entered into an in-licensing deal.
US clinical-stage biopharma firm VistaGen Therapeutics (Nasdaq: VTGN) has signed an exclusive sublicense agreement with BlueRock, for VistaGen's rights to certain proprietary technologies relating to the production of cardiac stem cells for the treatment of heart disease.
VistaGen licensed exclusive rights of the cardiac stem cell technologies from University Health Network (UHN), Canada's largest research hospital, under a strategic research agreement with UHN and distinguished UHN researcher, Dr Gordon Keller, director of UHN's McEwen Center for Regenerative Medicine, one of the world's leading centers for stem cell and regenerative medicine research.
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