NEW YORK, NY - (NewMediaWire) - October 01, 2015 - IntelliCell BioSciences, Inc. ("IntelliCell" or the "Company") (OTCQB: SVFC), a regenerative medicine company pioneering a new proprietary medical process that results in acquiring Stromal Vascular Fraction Cells (SVFC), announced today the Company has signed a Letter of Intent with a prestigious Medical Center (the Center) in the Southeastern U.S. for the purchase of an Intellicell U.S. Food and Drug Administration (FDA) registered Cellular Therapy Lab Suite.
Dr. Steven Victor, CEO of IntelliCell BioSciences, stated "The Letter of Intent outlines a basic understanding between Intellicell and the Center for the purchase of an Intellicell FDA registered Cellular Therapy Lab Suite. Due to confidentiality, the Center has not been specifically named. However, this Center is our first off site cGTP lab suite and we are excited to work with the physician group and their professional staff. We will still be responsible for the Quality Assurance of the lab and similar to our New York lab, we intend to register this facility with the FDA and we are confident that we will be able to help with the FDA inspection."
About IntelliCell Biosciences
IntelliCell is a pioneering regenerative medicine company focused on the expanding regenerative medical markets using adult autologous Stromal Vascular Fraction Cells (SVFCs) derived from the blood vessels in the adult adipose tissue. IntelliCell BioSciences has developed its own patented technology and protocol to separate adult autologous vascular cells from adipose tissue without the use of enzymes. IntelliCell will also be seeking to develop technology-licensing agreements with technology developers, universities, and international business entities.
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