Japanese drugmakers JCR Pharmaceuticals (TYO: 4552) and Teijin (TYO: 3401) today announced that they have entered into a co-development and license agreement regarding JTR-161, an allogeneic regenerative medical product using dental pulp stem cells (DPCs) for the indication of acute cerebral infarction (stroke) for Japan.
JRC gained almost 5% to 2,993 yen on the news, while Teijin remained virtually unchanged.
DPCs are expected to be applied widely in various therapeutic fields based on their potential in modulating the immune system, protecting the nerve system and generating new blood vessels, as well as their likelihood of minimal risk of drug rejection.
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