BioRestorative Looks Ahead
BioRestorative can now begin moving ahead with the next stage of the trial. The study will start the open enrollment of the balance of the 99 patients. BRTX-100 is a cellular therapy injection developed from autologous hypoxic cultured mesenchymal stem cells which are taken from the patient's own bone marrow and formulated with autologous platelet lysate.
Now that there is initial confirmation about the drug’s safety profile, the company plans to build out its platform technology. It is excited to begin examining other applications the drug may have in different parts of the body.
"This unanimous recommendation of the DSMB to allow BioRestorative to proceed without any changes to the protocol represents a significant binary outcome and major milestone for the continuation of our clinical program,” said Lance Alstodt, CEO of BioRestorative Therapies.
He continued, “With the safety profile of BRTX-100 now established through the DSMB process, we intend to accelerate the enrollment of the balance of our 99-patient study. In addition and more importantly, we intend to leverage the product technology platform across multiple indications further extending our pipeline opportunities.”
With much to look ahead to, the company also has a stable funding position that allows it to advance through its next milestones, according to Lance. It finished Q1 of 2023 with over $12.7 million in capital.
Read more about BioRestorative’s trials and platform technology.
Featured photo by Louis Reed on Unsplash.
This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice.
© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
To add Benzinga News as your preferred source on Google, click here.
