Stem Cell Sciences in new Scottish pact

By Ruth Beran
Wednesday, 01 February, 2006

Stem Cell Sciences (AIM:STEM, SCS) has signed a new tech transfer agreement with the University of Edinburgh, building on a formal collaboration begun in 1994.

The new agreement supersedes the original agreement, with all previous patent licenses issued to SCS remaining with the company. SCS is also continuing its partnership with the University of Edinburgh's Institute of Stem Cell Research.

"We are pleased to have reached a new, mutually beneficial agreement that will help to accelerate the commercialisation of stem cell technologies," said SCS's Edinburgh-based CEO, Peter Mountford, in a statement.

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