World-first treatment

Auckland-based Living Cell Technologies, which is pioneering a world-first treatment for type 1 diabetes using insulin-producing cells grown in pigs, has been approved for sale in Russia. Professor Bob Elliott, who heads the Auckland laboratory, said two hospitals in Russia could begin offering the treatment next year once their training was complete. Elliott’s Diabecell treatment is the world’s first xenotransplantation (animal to human) treatment approved for sale by a major industrialised country. The therapy would initially cost around $15, per patient, but “that will go down as we get an economy of scale”, Elliot said, adding that the treatment “makes a huge difference” to managing the condition. Living Cell Technologies CEO Ross McDonald said they hope to have Diabecell on sale in New Zealand and some other jurisdictions such as the US, by 213.


Tags: diabetes  Living Cell Technologies  pigs  Sydney Morning Herald (The)  

Bob Valentine New President of Concord Music

Bob Valentine New President of Concord Music

Concord Music Publishing has named its CFO New Zealander Bob Valentine the new president of the company. According to Music Business Worldwide editor Murray Stassen, Nashville-based Valentine first began his association with…