Creative Medical Technology Holdings, Inc. September 2020 Shareholder Update

Rhea-AI Summary

Creative Medical Technology Holdings (OTC-CELZ) has provided an update on its corporate activities, showcasing growth in its stem cell programs. The CaverStem program is expanding, with record kit orders and new practitioners in Houston and Scottsdale. The FemCelz program is gaining traction, and marketing efforts are set to increase. A patent approval for OvaStem highlights progress in treating ovarian failure. The TregSpine and AmnioStem programs are advancing, with an IND application expected in Q4 2020. Despite challenges, the company remains optimistic about its growth.

Positive

• Record number of kit orders for CaverStem program in July.
• Expansion of practitioner network with new additions in Houston and Scottsdale.
• Continued recruitment of physicians for FemCelz program with plans for increased marketing.
• Patent approval for OvaStem program, moving toward treatment for premature ovarian failure.
• Successful patient treatments completed with StemSpine program, with data compilation underway for publication.

Negative

• Ongoing challenges due to COVID-19 affecting program growth.

PHOENIX, Sept. 24, 2020 /PRNewswire/ -- (OTC-CELZ) Creative Medical Technology Holdings, Inc. announced today an update of its corporate activities.

CaverStem^R: Recruitment and training of physicians on the CaverStem^R program for the use of the patients own stem cells for the treatment of erectile dysfunction is continuing to grow despite slowdowns caused by COVID-19. In July we posted the largest number of kit orders and with the recent addition of Houston and Scottsdale to our existing practitioners, we anticipate continued growth.

FemCelz^R: Our commercialized program for the treatment of female sexual dysfunction using the patients own stem cells is following behind our CaverStem^R program in patient interest and acceptance with the ongoing recruitment of physicians and treatment of patients. We intend to increase our marketing efforts in this area to reach and educate a broader physician and patient base.

OvaStem^TM: As previously announced, receiving approval of our patent claims for the use of autologous and allogenic stem cells for the treatment of premature ovarian failure was another milestone for our company. We are developing our OvaStem.com website and the multiple other components required to move this technology forward.

StemSpine^R This patented technology for the use of the patients own stem cells for the treatment of degenerative disc disease represented our entry into this multi billion dollar market. We have successfully treated our first patients and compiled the data for publication. Once this data is published, we intend to use this resource to expand recruitment of key opinion leaders and medical practitioners in this space.

TregSpine^TM: With the recent allowance of our patent claims for the use of activated T regulatory cells for inducing an increase of blood circulation in areas surrounding the disc of patients with lower back pain, our Intellectual Property portfolio continues to expand with multiple cell therapy treatments. We intend to continue to pursue collaborations within the Immunotherapy community to progress this technology.

AmnioStem^R : The AmnioStem^R program for the treatment of stroke is continuing with  developmental milestones. One of our next steps is to file our Investigational New Drug (IND) application with the FDA, which is anticipated in Q4 2020.

Summary: We continue to face challenges but we also continue to grow our programs strategically and efficiently. We are optimistic with the progress and fundamentals of our company.

About Creative Medical Technology Holdings

Creative Medical Technology Holdings, Inc. is a commercial stage biotechnology company currently trading on the OTC under the ticker symbol CELZ. For further information about the company go to www.creativemedicaltechnology.com. 

Forward-Looking Statements

OTC Markets has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming clinical trials and laboratory results, marketing efforts, funding, etc. Forward-looking statements address future events and conditions and, therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. See the periodic and other reports filed by Creative Medical Technology Holdings, Inc. with the Securities and Exchange Commission and available on the Commission's website at www.sec.gov.

CaverStem.com

FemCelz.com

StemSpine.com

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SOURCE Creative Medical Technology Holdings, Inc.

FAQ

What is the latest update from Creative Medical Technology Holdings (CELZ) as of September 2020?

As of September 2020, Creative Medical Technology Holdings reported growth in its stem cell programs, particularly in CaverStem, and received a patent approval for OvaStem.

How has COVID-19 impacted Creative Medical Technology Holdings (CELZ)?

COVID-19 has caused slowdowns in the recruitment and training of physicians, yet the company continues to grow its programs.

What milestones has Creative Medical Technology Holdings (CELZ) achieved recently?

Recent milestones include record kit orders for CaverStem and patent approvals for OvaStem.

When does Creative Medical Technology Holdings (CELZ) plan to file its IND application?

The company anticipates filing its Investigational New Drug application with the FDA in Q4 2020.

What new locations have been added to the CaverStem program by Creative Medical Technology Holdings (CELZ)?

Houston and Scottsdale have recently been added to the network of practitioners for the CaverStem program.