In this InvestorIntel interview, Tracy Weslosky talks with Hemostemix Inc.’s (TSXV: HEM | OTCQB: HMTXF) Co-Founder, CEO, and President Thomas Smeenk about the significance of engaging Dr. Chris McNorgan, Ph.D., to drive a license agreement of NCP-01 (Neural Cellular Precursors) with a neural electrode brain implant company.
Dr. McNorgan directs the Computational Cognitive Neuroscience (CCN) laboratory at the University of Buffalo and his research – the neural bases of cognition, including AI methods to decode and simulate neocortical representations of knowledge and motor intention – is directly relatable to neural electrode-based implantation.
With Dr. McNorgan’s appointment, it brings another expert onto the team that includes Dr. Henderson, a neurosurgeon, and Dr. Inna Sorel, the mother of the invention of NCP itself, to help drive the legitimacy of licensing the NCP-01 platform. Thomas discusses the potential for licensing and partnerships to take NCP-01 to the neural electrode-based implantation market, an industry that is being led by players such as Elon Musk’s Neuralink.
NCP is a neuronal cell precursor generated from a patient’s own blood, which homes to the site of injury and regenerates the site of injury on a neuronal cell basis. Thomas explains how Hemostemix’s NCP-01 has the potential to regenerate injured neuronal cells to support the implantations of electrodes. Thomas also discusses a pre-clinical study conducted in animals using Hemostemix’s NCP-01 that showed positive results with more than 90% of the NCP color-coded cells ending up at the site of stroke, embedding at the site, and regenerating neuronal factors that would repair the site of a stroke.
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About Hemostemix Inc.
Hemostemix is an autologous stem cell therapy company, founded in 2003. A winner of the World Economic Forum Technology Pioneer Award, the Company has developed, patented, and is scaling a patient’s blood-based stem cell therapeutics platform that includes angiogenic cell precursors, neuronal cell precursors, and cardiomyocyte cell precursors.
To learn more about Hemostemix Inc., click here
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