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~ Stemedica Establishes Stem Cell Commercial Manufacturing Facility ~

Stemedica expands manufacturing capacity for Phase III and commercial stem cell products

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San Diego, California and Epalinges, Switzerland ­ November 10, 2015

Stemedica Cell Technologies, Inc., a leading manufacturer of adult, allogeneic stem cells and preserved stem cell proteins, has signed, through its subsidiary Stemedica International SA, an agreement with Smith & Nephew to take over its commercial grade cell manufacturing facility in Lausanne, Switzerland. The facility has been approved by the Swiss Agency for Therapeutic Products ("Swissmedic"), the Swiss equivalent to the U.S. FDA. Stemedica has fully executed the transfer of its proprietary BioSmart Technology Platform™ which allows the company to produce multiple stem cell products for use in the treatment of several medical conditions currently in clinical trials in the United States and internationally.

Through a prior collaboration, Stemedica had initiated a technology transfer to this facility and had completed several engineering runs. This complementary operation will serve to augment Stemedica's San Diego-based manufacturing facility which is licensed for clinical grade stem cell production. Stemedica plans to begin staffing the Swiss facility immediately and anticipates being fully operational in 2016.

David Cheatham, Stemedica International's Business Manager, remarked, "Recommissioning an existing, high­quality facility, is a cost­effective, time­efficient solution for Stemedica to support the ever­growing demand for the Company's unique stem cell products. With plans to add Swiss, European and Asian clinical trial sites, availability of a Phase III and commercial facility to manufacture the Company's proprietary allogeneic stem cell lines will enable these important trials to move forward quickly and efficiently.

Nikolai Tankovich, MD, PhD, President and Chief Medical Officer of Stemedica, said, "The addition of the Swiss facility is a major step forward for Stemedica, establishing the Company as a Phase III and commercial manufacturer of multiple lines of stem cell products and preserved stem cell proteins. Stemedica continues to achieve significant milestones as a global leader in stem cell manufacturing."

"The Swiss facility not only increases Stemedica's manufacturing capacity for North America and Asia, but it will also allow for the production of European Union­compliant products. This facility enables Stemedica to provide its proprietary stem cell technology to meet the growing needs of its subsidiaries and geographic distribution partners," added Alex Kharazi, MD, PhD, Chief Technology Officer at Stemedica.dica Cell Technologies, Inc., a leading manufacturer of adult, allogeneic stem cells and preserved stem cell proteins, has signed, through its subsidiary Stemedica International SA, an agreement with Smith & Nephew to take over its commercial grade cell manufacturing facility in Lausanne, Switzerland. The facility has been approved by the Swiss Agency for Therapeutic Products ("Swissmedic"), the Swiss equivalent to the U.S. FDA. Stemedica has fully executed the transfer of its proprietary BioSmart Technology Platform™ which allows the company to produce multiple stem cell products for use in the treatment of several medical conditions currently in clinical trials in the United States and internationally.

Through a prior collaboration, Stemedica had initiated a technology transfer to this facility and had completed several engineering runs. This complementary operation will serve to augment Stemedica's San Diego-based manufacturing facility which is licensed for clinical grade stem cell production. Stemedica plans to begin staffing the Swiss facility immediately and anticipates being fully operational in 2016.

David Cheatham, Stemedica International's Business Manager, remarked, "Recommissioning an existing, high­quality facility, is a cost­effective, time­efficient solution for Stemedica to support the ever­growing demand for the Company's unique stem cell products. With plans to add Swiss, European and Asian clinical trial sites, availability of a Phase III and commercial facility to manufacture the Company's proprietary allogeneic stem cell lines will enable these important trials to move forward quickly and efficiently.

Nikolai Tankovich, MD, PhD, President and Chief Medical Officer of Stemedica, said, "The addition of the Swiss facility is a major step forward for Stemedica, establishing the Company as a Phase III and commercial manufacturer of multiple lines of stem cell products and preserved stem cell proteins. Stemedica continues to achieve significant milestones as a global leader in stem cell manufacturing."

"The Swiss facility not only increases Stemedica's manufacturing capacity for North America and Asia, but it will also allow for the production of European Union­compliant products. This facility enables Stemedica to provide its proprietary stem cell technology to meet the growing needs of its subsidiaries and geographic distribution partners," added Alex Kharazi, MD, PhD, Chief Technology Officer at Stemedica.

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