CVBT Discusses Advances in Drug Development Program for New Stroke Treatments.LAS VEGAS Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. -- CardioVascular BioTherapeutics, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CVBT CVBT Cardiovascular Biotherapeutics, Inc CVBT Central Virginia Battlefields Trust (Fredericksburg, VA Civil War history organization) .OB) announced today that its Chief Operating and Scientific Officer, Jack Jacobs This article is about "Indian" Jack Jacobs. For the U.S. Army Medal of Honor recipient, see Jack H. Jacobs. "Indian" Jack Jacobs (August 7, 1919 - January 12, 1974) was a legendary Canadian Football League quarterback for the Winnipeg Blue Bombers (1950-1954), winning the , Ph.D., presented the company's recent progress in its efforts to bring new therapeutics to the market for the treatment of stroke. His lecture was delivered on February 22, 2006 at the International Regenerative Medicine Foundation's 3rd annual conference entitled "New Science for a Better Medicine." The lecture reviewed the promising data the company has collected to date to reduce the size of experimental strokes in animals. CVBT is developing human FGF-1, a protein which is a potent neuroprotective agent neuroprotective agent Neurology Any agent or drug that protects the brain from secondary injury caused by stroke. See Stroke. , as well as a stimulator of enhanced blood perfusion Blood perfusion A physiological term that refers to the process of nutritive delivery of arterial blood to a capillary bed in the biological tissue. Mentioned in: Interstitial Microwave Thermal Therapy in the brain. In animals receiving an experimental stroke, the FGF-1 protein decreased the area of the stroke, resulting in a significant decrease in neurological deficits in these animals. The FGF-1 was administered to the animals up to 8 hours after the stroke was given, and a reduction in the stroke area and the number of neurological deficits was still observed, which, if it can be shown in humans, has potential clinical significance. Dr. Jacobs also reviewed progress in a new initiative CVBT has launched in the area of stroke recovery. As human FGF-1 is a potent stimulator of new nerve growth, it has the potential to repopulate damaged areas of the brain with new neurons. Preclinical experiments with FGF-1 in animals with a chronic stroke condition indicated a significant increase in neuronal density in the areas affected by the stroke. Daniel Montano, Chief Executive Officer of CVBT, commented, "Over 700,000 Americans will suffer a stroke this year and almost 5 million patients are currently suffering the often devastating dev·as·tate tr.v. dev·as·tat·ed, dev·as·tat·ing, dev·as·tates 1. To lay waste; destroy. 2. To overwhelm; confound; stun: was devastated by the rude remark. consequences from a previous stroke. The financial and emotional burden for these patients is overwhelming and there exists no widely accepted therapy for these individuals. We are very excited over the preclinical results with our protein growth factor, human FGF-1. Not only is this biological product showing excellent efficacy in acute strokes, but the protein is also showing promise as a possible stroke recovery agent. We are committed to moving this protein forward into the clinic to see if our success in animals can be translated to stroke patients, who have very few therapeutic choices." This news release contains forward-looking statements that involve risks and uncertainties. Actual results and outcomes may differ materially from those discussed or anticipated. For example, statements regarding our future revenues, cash usage and our cash flow breakeven breakeven 1. The level of output or sales necessary to cover fixed expenses. Companies in industries that have high fixed costs and, consequently, high breakevens, such as automobile and steel manufacturing, are likely to exhibit large fluctuations point are forward looking statements. Factors that might affect actual outcomes include, but are not limited to, FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. approval of Cardio Vascu-Grow(TM), market acceptance of CardioVascular BioTherapeutics, Inc. products by our customers, future revenues, future expenses, future margins, cash usage, and financial performance. For a more detailed discussion of these and associated risks, see the company's most recent documents filed with the Securities and Exchange Commission. |
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