Cohen & Steers Backs XellSmart's iPSC Advances in CNS Disorder Therapies
- XellSmart Biomedical Co. has secured seven IND approvals for iPSC-derived therapies from NMPA and FDA as of June 2025.
- The company is advancing to Phase I trials for its iPSC-derived therapy targeting Parkinson's Disease, showing promising patient outcomes.
- XellSmart's ALS therapy received Orphan Drug Designation from the FDA and is progressing with Phase I/II trials in China and the U.S.

XellSmart Biomedical Co. Leads the Charge in iPSC-Derived Therapies for CNS Disorders
XellSmart Biomedical Co., Ltd., a leading biotechnology company headquartered in Suzhou and Shanghai, is making significant strides in the development of innovative cell therapies derived from induced pluripotent stem cells (iPSCs) aimed at treating central nervous system (CNS) diseases. The company has achieved a remarkable milestone by securing seven Investigational New Drug (IND) approvals from both the National Medical Products Administration (NMPA) in China and the U.S. Food and Drug Administration (FDA) as of June 2, 2025. These approvals pertain to clinical-grade, off-the-shelf allogeneic iPSC-derived therapies targeting critical conditions, including Parkinson's Disease (PD), Spinal Cord Injury (SCI), and Amyotrophic Lateral Sclerosis (ALS).
XellSmart's dedication to addressing urgent medical needs is particularly evident in its work on Parkinson's Disease, a condition that currently affects more than 10 million people globally. The company is advancing to Phase I clinical trials for its iPSC-derived therapy, which has already demonstrated a groundbreaking achievement by completing the first transplant of dopaminergic neural progenitor cells for PD in China. This pivotal study, approved by the National Health Commission (NHC), shows promising results, with no adverse events reported and significant improvements in patient outcomes observed after over 12 months of follow-up. Such progress highlights XellSmart's commitment to developing effective treatments for complex CNS disorders.
In addition to its advancements in PD, XellSmart is also progressing with therapies for Spinal Cord Injury and ALS. The latter condition has gained particular attention as the FDA has granted Orphan Drug Designation for XellSmart's iPSC-derived therapy (XS228 injection) in 2023. The company's clinical studies for ALS are moving forward with Phase I/II trials in China and Phase I trials in the U.S., underscoring its proactive approach to expanding treatment options for these rare and debilitating diseases. As XellSmart embarks on these groundbreaking clinical studies, it solidifies its position at the forefront of iPSC-based therapies that could significantly alter the treatment landscape for challenging CNS disorders.
In the broader context, XellSmart's advancements reflect a growing trend in the biotechnology sector towards developing personalized and innovative therapies. The company's focus on iPSC technology not only aims to address critical unmet medical needs but also demonstrates the potential of regenerative medicine in treating complex diseases. As XellSmart continues to navigate the regulatory landscape and advance its clinical trials, it stands as a beacon of hope for patients suffering from CNS disorders and a key player in the rapidly evolving field of biotechnology.