SymbioCellTech

About:

Research and development company in biotechnology aiming for a functional cure to diabetes through patented Neo-Islets™ technology

Website: http://symbiocelltech.com

Description:

SymbioCellTech is a biotechnology company that has developed a patented, proprietary therapy to cure insulin-dependent Type I diabetes Mellitus (T1DM), which is commonly referred to as Type 1 or juvenile onset diabetes. In summary it is been shown that through an intra-abdominal administration of SymbioCellTech Neo-Islets™ (NIs; a cellular therapeutic) has been shown in multiple animal models of Type 1 Diabetes to result in long-term glucose control with reduced or no need for insulin injections, and with no need for toxic antirejection drugs. The durable blood glucose control along with the absence of an immune response demonstrate that NIs provide protection from autoimmune attacks that ordinarily destroy insulin-producing cells in Type 1 Diabetes, and provide an endogenous and physiologic source of insulin.

Total Funding Amount:

$15.5M

Estimated Revenue Range:

Less than $1M

Headquarters Location:

Salt Lake City, Utah, United States

Founded Date:

2006-04-25

Contact Email:

t.manning(AT)symbiocelltech.com

Founders:

Christof Westenfelder

Number of Employees:

1-10

Last Funding Date:

2019-02-01

IPO Status:

Private

Industries:

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