EXTON, Pa., Oct. 21 /PRNewswire-FirstCall/ -- Isolagen(TM), Inc.
(Amex: ILE) announced today that all injections have been completed in the
Phase II/III Study IT-A-008 investigating Isolagen Therapy(TM) for the
treatment of moderate to severe facial acne scars. Further, approximately
half of all of the study participants have completed the final observation
visit. Isolagen anticipates the acne study will conclude in the first quarter
of 2009.
'The second half of 2008 has been very productive for Isolagen as we
continue to deliver on our clinical milestones on time and with positive
results,' said Declan Daly, Chief Executive Officer of Isolagen. 'We
previously announced positive top-line results from our pivotal Phase III
wrinkle study and positive results from our open label Phase II study of the
full face. We are very excited that our acne program is progressing on time
and we believe the dermatology community will be very interested in this data
early next year because of the unmet need for a minimally invasive acne scar
treatment. Our current priority is to gain additional funding and secure a
strategic partner to help us deliver on the exciting clinical promise of the
Isolagen therapy in all of these areas.'
About the Isolagen Process(TM) and Isolagen Therapy(TM)
The Isolagen Process(TM) is an innovative cellular processing system which
creates a natural, living cell therapy. By multiplying a patient's own
collagen-producing cells or fibroblasts into tens of millions of new cells, a
personalized treatment is created which is then returned to the patient's
skin. This treatment, known as the Isolagen Therapy(TM), is designed to
improve skin damage caused by the normal effects of aging, sun damage, acne
and burns.
About Isolagen, Inc.
Isolagen(TM), Inc. (Amex: ILE) is an aesthetic and therapeutic company
committed to developing and commercializing scientific advances and innovative
technologies. The company's technology platform includes the Isolagen
Process(TM), a cell processing system for skin and tissue rejuvenation which
is currently in clinical development for a broad range of aesthetic and
therapeutic applications including wrinkles, acne scars, burns and periodontal
disease. Isolagen also commercializes a scientifically-advanced line of
skincare systems through its majority-owned subsidiary, Agera(R) Laboratories,
Inc. For additional information, please visit http://www.isolagen.com.
Isolagen Forward Looking Statements
All statements in this news release that are not based on historical fact
are 'forward-looking statements' within the meaning of the Private Securities
Litigation Reform Act of 1995 and the provisions of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the Securities Exchange
Act of 1934, as amended. Forward-looking statements in this press release,
include, without limitation, the timely completion of the overall acne study,
the timely completion of the Company's Phase III wrinkle study, and the
Company's ability to raise additional funding, whether through strategic
partners, financing, or otherwise. While management has based any
forward-looking statements contained herein on its current expectations, the
information on which such expectations were based may change. These
forward-looking statements rely on a number of assumptions concerning future
events and are subject to a number of risks, uncertainties, and other factors,
many of which are outside of our control, that could cause actual results to
materially differ from such statements. Such risks, uncertainties, and other
factors include, but are not necessarily limited to, those set forth under
Item 1A 'Risk Factors' in the Company's Annual Report on Form 10-K for the
year ended December 31, 2007, as updated in 'Item 1A. Risk Factors' in the
Company's Quarterly Reports on Form 10-Q filed since the annual report. We
operate in a highly competitive and rapidly changing environment, thus new or
unforeseen risks may arise. Accordingly, investors should not place any
reliance on forward-looking statements as a prediction of actual results. We
disclaim any intention to, and undertake no obligation to, update or revise
any forward-looking statements. Readers are also urged to carefully review and
consider the other various disclosures in the Company's Annual Report on Form
10-K for the year ended December 31, 2007, as well as other public filings
with the SEC since such date.
SOURCE Isolagen, Inc.