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SymbioCellTech
Research and development company in biotechnology aiming for a functional cure to diabetes through patented Neo-Islets™ technology
About SymbioCellTech
SymbioCellTech is a biotechnology company that has developed a patented, proprietary therapy to cure insulin-dependent Type 1 Diabetes Mellitus (T1DM). The company's primary offering is the "Neo-Islet" technology, a minimally invasive and economical stem cell-enabled functional cure for T1DM that does not require immunosuppressive drugs.
SymbioCellTech's approach uses adult stem cells to create "Neo-Islets," which are designed to provide a permanent functional cure for diabetes. This method aims to overcome the limitations of current treatments by offering a solution that is both effective and safe. The company targets patients suffering from Type 1 Diabetes, a market with a significant unmet need for curative therapies.
The business model revolves around the development and eventual commercialization of its proprietary stem cell-based therapies. As an early-stage university spin-out, SymbioCellTech is focused on advancing its technology through clinical trials to gain regulatory approval. The company's revenue generation will likely depend on licensing its technology to larger pharmaceutical companies or bringing its therapies to market directly.
Source: Dealroom company dataAt a glance
- Founded
- 2012
- Headquarters
- Salt Lake City, United States
- Sector
- Biotech & Life Sciences
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