NEW YORK, Jan. 9, 2015 /PRNewswire/ -- PharmaCyte Biotech (OTCQB: PHCB) formerly, Nuvilex Inc. (OTCQB: NVLX) as of January 8th, 2015, based out of Silver Spring, Maryland, is a biotechnology firm leveraging its proprietary Cell-in-a-Box® to usher in new approaches to the treatment and management of several forms of cancer. The recent name change is to highlight the shift that PharmaCyte Biotech will now be operating as a purely biotechnology firm.
PharmaCyte Biotech the owner of Cell-in-a-Box® is using their new technology to treat as well as minimize the side effects of treatment of pancreatic cancer. The treatment has begun Phase 2b of clinical trials, and "this treatment has been shown to be safe and effective in patients with advanced inoperable pancreatic cancer" Source: Shareholders Update. PharmaCyte Biotech has also successfully been granted "orphan drug," status with the FDA, and has applications filed with their European and Australian counterpart (EMA, and the TGA).
PharmaCyte Biotech has also several other product lines including the use of their patented Cell-in-a-Box® technology for the treatment of diabetes, as well as research into the use of cannabinoids combined with their encapsulation technology to treat serious diseases, not limited to cancer.
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