Debamestrocel is a Cell Therapy owned by BrainStorm Cell Therapeutics, and is involved in 8 clinical trials, of which 6 were completed, 1 is ongoing, and 1 is planned.
Stem cells secrete nerve-growth factors such as glial cells derived neurotrophic factor which protect existing motor neurons, promote motor neuron growth, and re-establish nerve-muscle interaction. The involved mechanism induce sprouting of nerve endings, stimulate nerve-muscle interaction and promote recovery of cell damage. The stem cell therapy candidate exhibit therapeutic intervention by promoting the rapid recovery of damage by forming cells for tissue regeneration and repair.
The revenue for Debamestrocel is expected to reach a total of $2.6bn through 2038. This change impacts the valuation of this asset and is an important factor to understand the current value of the drug in a clinical process. GlobalData uses proprietary data and analytics to provide a complete picture of this assessment in their Debamestrocel NPV Report.
Debamestrocel was originated by Tel Aviv University and is currently owned by BrainStorm Cell Therapeutics.
Debamestrocel Overview
Debamestrocel (NurOwn) is under development for the treatment of neurodegenerative diseases such as Alzheimer's disease, amyotrophic lateral sclerosis (ALS), progressive multiple sclerosis (primary and secondary sclerosis), Parkinson’s disease (PD), Huntington's disease, peripheral nerve injury, Coronavirus Disease 2019 (COVID-19), acute respiratory distress syndrome and autism spectrum disorder. The therapy is administered by intramuscular and intrathecal routes. NurOwn is an autologous, adult stem cell therapy developed based on a differentiation method which reprograms bone marrow-derived mesenchymal stem cells (MSC) into highly specialized, neuron-supporting cells. It is developed based on NurOwn cell therapy platform.
BrainStorm Cell Therapeutics Overview
BrainStorm Cell Therapeutics, formerly Golden Hand Resources Inc, is a biotechnology company which develops autologous stem cell therapies for neurodegenerative diseases. Its pipeline mesenchymal stem cell products are being developed based on cell therapy platform NurOwn, customized for the treatment of multiple sclerosis, amyotrophic lateral sclerosis, parkinson’s disease, huntington’s disease, autism spectrum disorder, peripheral nerve injury and other indications. Its proprietary technology NurOwn induces mesenchymal stem cells to secrete high levels of neurotrophic factors to promote the survival of neurons. The company has operations in the US and Israel. BrainStorm Cell Therapeutics is headquartered in New York, the US.
The operating loss of the company was US$24.5 million in FY2021, compared to an operating loss of US$31.7 million in FY2020. The net loss of the company was US$24.5 million in FY2021, compared to a net loss of US$31.8 million in FY2020.
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