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November 2008

November 14, 2008 NIH Awards Cellular Dynamics International SBIR Grant to Develop Human Cardiomyocytes for Drug ScreeningDownload PDF

MADISON, Wis., November 14, 2008 –Cellular Dynamics International (CDI) announced today that it has received a Small Business Innovation Research (SBIR) grant from the NIH worth $499,796 to develop pluripotent stem-cell derived human cardiomyocytes (CMs), or heart cells. Human CMs will provide a more predictive model to determine cardiotoxicity in the early stages of drug development.

November 6, 2008 Cellular Dynamics International Awarded $500,000 SBIR Grant for Hematopoietic Stem Cell ResearchDownload PDF

MADISON, Wis., November 6, 2008 – Cellular Dynamics International (CDI) announced today that it has been awarded a Phase II Small Business Innovation Research (SBIR) grant from the NSF totalling $500,000 for automated cell culture and differentiation of human pluripotent stem cells. This grant follows on and further supports a Phase I grant awarded the company for $99,999 in the second half of 2007.

November 4, 2008 Cellular Dynamics International Merges Companies, Closes on $18 Million FinancingDownload PDF

MADISON, Wis., November 24, 2008 – Cellular Dynamics International (CDI) announced today the merger of sister companies Stem Cell Products Inc. and iPS Cells Inc. with CDI. The merged entity will continue to operate as Cellular Dynamics International, Inc. (CDI). The merger positions CDI as a leader in the stem cell research tools and personalized bio-banking industries by placing the intellectual property and commercial, research, and production capabilities of the predecessor companies under a unified management team.