Aethlon Medical Signs Collaboration Agreement with 34 Lives to Evaluate the Ability of the Hemopurifier® to Expand the Utility of Unused, Donated Kidneys for Transplant
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Proof-of-Concept Studies to Support the Use of the Hemopurifier in the Ex Vivo Organ Perfusion Circuit
"The signing of the research collaboration with 34 Lives, on the heels of our recent announcement of our interest in the organ transplant market, is a testament to Aethlon's belief that the Hemopurifier technology can potentially help expand the pool for donated kidneys available for transplant," stated Charles J. Fisher, Jr., M.D., Chief Executive Officer of Aethlon Medical. "The aim of the proof-of-concept studies, to be conducted under this Agreement, is to gather compelling data to support the use of our technology in the ex vivo organ preservation system and to confirm its ability to remove harmful viruses and exosomes with injurious cargo from recovered donor organs. Aethlon has previously demonstrated the removal of multiple viruses and exosomes in vitro, utilizing a miniature version of the Hemopurifier. This process may reduce complications following transplantation of the recovered organ, including viral infection, delayed graft function and rejection by the transplant recipient. We look forward to working with 34 Lives with the goal of preserving the viability of kidneys, with the ultimate goal of saving lives." Chris Jaynes, Chief Executive Officer of 34 Lives added, "The combination of the Aethlon Hemopurifier with the 34 Lives' organ preservation system may also help rescue a large percentage of the donor kidneys annually recovered for transplantation that go unused, putting them back into the donor pool with the hope of eliminating the patient waitlist for these organs."
According to Precedence Research, the global transplantation market size is projected to hit around
34 Lives is a Public Benefit Corporation, which is a company that prioritizes societal benefits over profits. 34 Lives is committed to saving and dramatically improving the lives of more than 120,000 individuals waiting for lifesaving organ transplants,
Aethlon Medical is a medical therapeutic company focused on developing the Hemopurifier, a clinical stage immunotherapeutic device which is designed to combat cancer and life-threatening viral infections. In human studies, the Hemopurifier has demonstrated the removal of life-threatening viruses and harmful exosomes from blood utilizing its proprietary lectin-based technology. This action has potential applications in cancer, where exosomes may promote immune suppression and metastasis, and in life-threatening infectious diseases.
The Hemopurifier is a
Additional information can be found at www.AethlonMedical.com.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that involve risks and uncertainties. Statements containing words such as "may," "believe," "anticipate," "expect," "intend," "plan," "project," "will," "projections," "estimate," "potentially" or similar expressions constitute forward-looking statements. Such forward-looking statements are subject to significant risks and uncertainties and actual results may differ materially from the results anticipated in the forward-looking statements. These forward-looking statements are based upon Aethlon's current expectations and involve assumptions that may never materialize or may prove to be incorrect. Factors that may contribute to such differences include, without limitation, the Company's ability to successfully complete development of the Hemopurifier and to successfully demonstrate the utility of the Hemopurifier in the organ transplant field in collaboration with 34 Lives, the Company's ability to manage its clinical trials, and other potential risks. The foregoing list of risks and uncertainties is illustrative, but is not exhaustive. Additional factors that could cause results to differ materially from those anticipated in forward-looking statements can be found under the caption "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended March 31, 2023, and in the Company's other filings with the Securities and Exchange Commission, including its quarterly Reports on Form 10-Q. All forward-looking statements contained in this press release speak only as of the date on which they were made. Except as may be required by law, the Company does not intend, nor does it undertake any duty, to update this information to reflect future events or circumstances.
Company Contact:
Jim Frakes
Chief Financial Officer
Aethlon Medical, Inc.
Jfrakes@aethlonmedical.com
Investor Contact:
Susan Noonan
S.A. Noonan Communications, LLC
susan@sanoonan.com
SOURCE Aethlon Medical, Inc.
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