RepliCel Life Sciences Inc. (RP:TSX.V; REPCF:OTCQB) announced in a news release the status of its various programs.
Regarding its RCI-02 dermal injector, the biotech received the functional prototype and its related consumables, which it will showcase at the annual general meeting this month. The company expects the commercial prototypes to be available in Q4/19, after which it will launch testing of them. Also underway, RepliCel is planning both its application for a CE Mark for RCI-02 and also launch of the product next year.
As for RCT-01, RepliCel's cell therapy for chronic Achilles tendinopathy, the company plans to follow up the phase 1 trial in Japan with a next phase trial, also in that country and is completing the requisite consultations to do so. With approval, the trial could begin next year and if successful, product commercialization could occur in late 2021 or early 2022. Accordingly, RepliCel is preparing the trial design and protocols.
With respect to RCS-01, RepliCel's cell therapy for skin aging and sun damage, the life sciences firm intends to conduct the next phase of trials in Japan once the RCI-02 device and consumables are available there. The company is currently planning the next clinical study with an eye toward product commercialization in Japan in the late 2021 or early 2022 time frame.
Concerning RCH-01, RepliCel's cell therapy for androgenic alopecia, an announcement from Shisheido is expected soon on whether it will next take the product to market or pursue additional testing.
Looking forward, RepliCel intends to pursue two kinds of transactions in the near term. One involves the distribution and/or licensing of its dermal injector and consumables. The other pertains to the licensing, investment and/or establishment of a joint venture for its tendon repair and skin rejuvenation cell therapy programs and its dermal injector, with a focus on Japan.[NLINSERT]
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