Alameda, CA, April 3, 2006 - Advanced Cell Technology, Inc. (OTCBB:ACTC) announced today that it has exclusively licensed a key intellectual property portfolio in regard to somatic cell reprogramming from TranXenoGen, Inc., Shrewsbury, Massachusetts. Advanced Cell Technology believes that the filing date and scope of the intellectual property on this important reprogramming technology could prove to be strategically significant in defining the somatic cell reprogramming patent landscape.
The inventions described in the intellectual property portfolio, which are covered by issued and pending patents, cover techniques for the reprogramming of somatic cell nuclei, including the use of extracts for the reprogramming of somatic cell nuclei, for the generation of cloned and/or transgenic animals and for the reprogramming of human cells. We believe that the filing date of February 3rd, 1993 is the earliest patent filing covering somatic cell nuclear transfer technology.
Mr. William Caldwell, CEO of Advanced Cell Technology said, "We are pleased to announce the exclusive licensing of this important intellectual property in the field of cellular reprogramming. After reaching terms with TranXenoGen for an option on this portfolio last year, our team did considerable diligence on this intellectual property portfolio. This portfolio may have the earliest priority date in somatic cell nuclear transfer and is broad in scope of application.”
About Advanced Cell Technology, Inc.
Advanced Cell Technology, Inc. is a biotechnology company applying stem cell technology in the emerging field of regenerative medicine. The company operates facilities in Alameda, California and Worcester, Massachusetts. For more information about the company, please visit "www.advancedcell.com":http://www.advancedcell.com.
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