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Strategic CEO hire to drive NeuroScientific stem cell therapy release
Strategic CEO hire to drive NeuroScientific stem cell therapy release

The Age

time2 days ago

  • Business
  • The Age

Strategic CEO hire to drive NeuroScientific stem cell therapy release

NeuroScientific Biopharmaceuticals has made a second heavy-hitting appointment in less than a week, bringing in experienced Melbourne-based executive Nathan Smith as its chief executive officer, as the company gears up for the commercial release of its innovative StemSmart stem cell technology. Smith has extensive experience in cell and gene therapies in senior commercial, operational and strategic roles in Australia and the United States, which should prove invaluable as the company navigates the regulatory and commercial pathways for its innovative StemSmart technology. The company says his deep expertise in good practice manufacturing will be critical for converting the biotechnology startup into a scaled-up commercial stem cell company. NeuroScientific acquired the StemSmart technology in late June via its $4.1 million acquisition of unlisted Perth-based stem cell company Isopgen. StemSmart uses a specific type of stem cell, mesenchymal stromal stem cells (MSC), as a last-line infusion treatment for critically ill patients, including those experiencing severe immune complications from bone marrow transplants, kidney and lung transplant rejection and inflammatory Crohn's disease. 'I was attracted to NSB given the historical success of StemSmart in multiple serious clinical disorders and the clear potential of the technology for further development.' NeuroScientific Biopharmaceuticals chief executive officer Nathan Smith Adding to the company's ranks of highly credentialled personnel, NeuroScientific announced on Friday that it had also recruited well-regarded Perth-based paediatric haematologist and oncologist Dr Catherine Cole as its chief medical officer. The news of both appointments has continued to fuel a stellar rise in the company's share price, which traded 11.3 per cent higher today to 24.5 cents on the best turnover since April. The company's share price is up 360 per cent since the start of June. Smith was the director of business development at Melbourne's Cell Therapies, which develops and manufactures advanced cell-based therapies and is located within the city's pioneering Peter MacCallum Cancer Centre. He has held key roles at Genzyme Corporation, Mesoblast Inc and GlaxoSmithKline in the US, as well as other leading companies in the cell therapy sector.

Strategic CEO hire to drives NeuroScientific stem cell therapy release
Strategic CEO hire to drives NeuroScientific stem cell therapy release

West Australian

time2 days ago

  • Business
  • West Australian

Strategic CEO hire to drives NeuroScientific stem cell therapy release

NeuroScientific Biopharmaceuticals has made a second heavy-hitting appointment in less than a week, bringing in experienced Melbourne-based executive Nathan Smith as its chief executive officer, as the company gears up for the commercial release of its innovative StemSmart stem cell technology. Smith has extensive experience in cell and gene therapies in senior commercial, operational and strategic roles in Australia and the United States, which should prove invaluable as the company navigates the regulatory and commercial pathways for its innovative StemSmart technology. The company says his deep expertise in good practice manufacturing will be critical for converting the biotechnology startup into a scaled-up commercial stem cell company. NeuroScientific acquired the StemSmart technology in late June via its $4.1 million acquisition of unlisted Perth-based stem cell company Isopgen. StemSmart uses a specific type of stem cell, mesenchymal stromal stem cells (MSC), as a last-line infusion treatment for critically ill patients, including those experiencing severe immune complications from bone marrow transplants, kidney and lung transplant rejection and inflammatory Crohn's disease. Adding to the company's ranks of highly credentialled personnel, NeuroScientific announced on Friday that it had also recruited well-regarded Perth-based paediatric haematologist and oncologist Dr Catherine Cole as its chief medical officer. The news of both appointments has continued to fuel a stellar rise in the company's share price, which traded 11.3 per cent higher today to 24.5 cents on the best turnover since April. The company's share price is up 360 per cent since the start of June. Smith was the director of business development at Melbourne's Cell Therapies, which develops and manufactures advanced cell-based therapies and is located within the city's pioneering Peter MacCallum Cancer Centre. He has held key roles at Genzyme Corporation, Mesoblast Inc and GlaxoSmithKline in the US, as well as other leading companies in the cell therapy sector. NeuroScientific says that having led programs across their full therapeutic cycle, including pre-clinical development and clinical trials, Smith has extensive experience in navigating regulatory approvals and developing commercial product supplies. Smith said he was excited to help advance the technology and make it accessible to patients with serious and life-threatening conditions. 'I was attracted to NSB given the historical success of StemSmart in multiple serious clinical disorders and the clear potential of the technology for further development,' he said. The high-level executive duo of Smith and Cole join a strong leadership team, which also includes Perth-based haematology medical scientist Dr Marian Sturm, as NeuroScientific's chief scientific officer. Sturm pioneered the use of the MSC used in StemSmart over the past 20 years in her former role as facility director of Royal Perth Hospital's Cell and Tissue Therapies centre. StemSmart offers a step up from traditional MSC manufacturing in that the cells are grown in a special media, becoming activated in the process. The platform technology was developed at Royal Perth Hospital and manufactured using the hospital's processes. The cells have been used many times over the years via early-phase clinical trials, studies and on compassionate grounds, with promising results. Later in the year, the company expects to receive the interim results from its latest compassionate trial involving patients with difficult-to-treat fistulising Crohn's disease, in which an open wound develops from a gut flare-up that extends out to the skin. A successful trial will help the company validate its proprietary StemSmart technology in this patient group, who otherwise have limited treatment options. NeuroScientific has created a bit of a whirlwind this year with its Isopogen acquisition, re-energised leadership team and a $3.5 million capital raise. The funding has handed the company a $7.5 million war chest to support further trials and development and helped it generate plenty of momentum towards its long-term goal of partial or full registration for StemSmart, first up as a Crohn's treatment. Is your ASX-listed company doing something interesting? Contact:

Strategic CEO hire to drive NeuroScientific stem cell therapy release
Strategic CEO hire to drive NeuroScientific stem cell therapy release

Sydney Morning Herald

time2 days ago

  • Business
  • Sydney Morning Herald

Strategic CEO hire to drive NeuroScientific stem cell therapy release

NeuroScientific Biopharmaceuticals has made a second heavy-hitting appointment in less than a week, bringing in experienced Melbourne-based executive Nathan Smith as its chief executive officer, as the company gears up for the commercial release of its innovative StemSmart stem cell technology. Smith has extensive experience in cell and gene therapies in senior commercial, operational and strategic roles in Australia and the United States, which should prove invaluable as the company navigates the regulatory and commercial pathways for its innovative StemSmart technology. The company says his deep expertise in good practice manufacturing will be critical for converting the biotechnology startup into a scaled-up commercial stem cell company. NeuroScientific acquired the StemSmart technology in late June via its $4.1 million acquisition of unlisted Perth-based stem cell company Isopgen. StemSmart uses a specific type of stem cell, mesenchymal stromal stem cells (MSC), as a last-line infusion treatment for critically ill patients, including those experiencing severe immune complications from bone marrow transplants, kidney and lung transplant rejection and inflammatory Crohn's disease. 'I was attracted to NSB given the historical success of StemSmart in multiple serious clinical disorders and the clear potential of the technology for further development.' NeuroScientific Biopharmaceuticals chief executive officer Nathan Smith Adding to the company's ranks of highly credentialled personnel, NeuroScientific announced on Friday that it had also recruited well-regarded Perth-based paediatric haematologist and oncologist Dr Catherine Cole as its chief medical officer. The news of both appointments has continued to fuel a stellar rise in the company's share price, which traded 11.3 per cent higher today to 24.5 cents on the best turnover since April. The company's share price is up 360 per cent since the start of June. Smith was the director of business development at Melbourne's Cell Therapies, which develops and manufactures advanced cell-based therapies and is located within the city's pioneering Peter MacCallum Cancer Centre. He has held key roles at Genzyme Corporation, Mesoblast Inc and GlaxoSmithKline in the US, as well as other leading companies in the cell therapy sector.

Tennessee's Lance Simpson makes Walker Cup statement with dominant Trans-Miss Amateur win
Tennessee's Lance Simpson makes Walker Cup statement with dominant Trans-Miss Amateur win

Yahoo

time11-07-2025

  • Sport
  • Yahoo

Tennessee's Lance Simpson makes Walker Cup statement with dominant Trans-Miss Amateur win

Captain Nathan Smith, Lance Simpson has a message for you. Simpson, a rising senior at Tennessee, ran away with the title at the 2025 Trans-Mississippi Amateur on Friday at The Pfau Course at Indiana University in Bloomington. Simpson had only one bogey over 72 holes and finished at 17 under for the week, four clear of Cooper Schultz. Advertisement "Yeah, it was definitely a good week," Simpson said. "Coming off my last start was the U.S. Open. Took three weeks off. Happy to get back into amateur golf, and coming out with a win is more than I could ask for, especially starting off my last summer of amateur golf." More importantly for Simpson is the statement he made to Smith, the U.S. Walker Cup captain. The competition, which begins in less than two months at Cypress Point — Golfweek's No. 1 Classic Course in the United States — pits the top male amateurs from the United States against their counterparts from Great Britain & Ireland. With his win, Simpson will likely move to 16th or 17th in the World Amateur Golf Ranking, his highest spot ever. It's also significant because his chances of making the Walker Cup team rose significantly. Advertisement Jackson Koivun, Ben James and Michael La Sasso are already on the roster, with the remaining seven spots being announced after the U.S. Amateur next month. Four of those spots (one to mid-amateur Evan Beck and three to Preston Stout, Ethan Fang and Tommy Morrison) are near locks at this point, meaning Simpson has a chance to secure one of three spots remaining for the squad. He'll have to continue playing well this summer, whether it's winning another Elite Amateur Golf Series event or making a run at the Western Amateur or U.S. Amateur. But the Trans-Miss belonged to Simpson, who closed in 2-under 69 on Friday and picked up one of the biggest wins of his career. The Trans-Miss is the fourth event in the Elite Amateur Series. The Southern Amateur is next, set for July 16-19 at Blessings Golf Club in Johnson, Arkansas. Advertisement This article originally appeared on Golfweek: Trans-Mississippi Amateur 2025: Tennessee's Lance Simpson wins by 4

Tennessee's Lance Simpson makes Walker Cup statement with dominant Trans-Miss Amateur win
Tennessee's Lance Simpson makes Walker Cup statement with dominant Trans-Miss Amateur win

USA Today

time11-07-2025

  • Sport
  • USA Today

Tennessee's Lance Simpson makes Walker Cup statement with dominant Trans-Miss Amateur win

Captain Nathan Smith, Lance Simpson has a message for you. Simpson, a rising senior at Tennessee, ran away with the title at the 2025 Trans-Mississippi Amateur on Friday at The Pfau Course at Indiana University in Bloomington. Simpson had only one bogey over 72 holes and finished at 17 under for the week, four clear of Cooper Schultz. "Yeah, it was definitely a good week," Simpson said. "Coming off my last start was the U.S. Open. Took three weeks off. Happy to get back into amateur golf, and coming out with a win is more than I could ask for, especially starting off my last summer of amateur golf." More importantly for Simpson is the statement he made to Smith, the U.S. Walker Cup captain. The competition, which begins in less than two months at Cypress Point — Golfweek's No. 1 Classic Course in the United States — pits the top male amateurs from the United States against their counterparts from Great Britain & Ireland. With his win, Simpson will likely move to 16th or 17th in the World Amateur Golf Ranking, his highest spot ever. It's also significant because his chances of making the Walker Cup team rose significantly. Jackson Koivun, Ben James and Michael La Sasso are already on the roster, with the remaining seven spots being announced after the U.S. Amateur next month. Four of those spots (one to mid-amateur Evan Beck and three to Preston Stout, Ethan Fang and Tommy Morrison) are near locks at this point, meaning Simpson has a chance to secure one of three spots remaining for the squad. He'll have to continue playing well this summer, whether it's winning another Elite Amateur Golf Series event or making a run at the Western Amateur or U.S. Amateur. But the Trans-Miss belonged to Simpson, who closed in 2-under 69 on Friday and picked up one of the biggest wins of his career. The Trans-Miss is the fourth event in the Elite Amateur Series. The Southern Amateur is next, set for July 16-19 at Blessings Golf Club in Johnson, Arkansas.

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