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Caladrius Biosciences (CLBS) Unit Earns FACT re-Accreditation

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Caladrius Biosciences Subsidiary, PCT, Earns FACT Re-Accreditation for its Cell Therapy Development and Manufacturing Facilities

November 22, 2016 7:30 AM EST

BASKING RIDGE, N.J., Nov. 22, 2016 (GLOBE NEWSWIRE) -- Caladrius Biosciences, Inc. (NASDAQ: CLBS) (Caladrius or the Company) announced today that PCT, its cell therapy contract development and manufacturing subsidiary, has earned re-accreditation by the Foundation for the Accreditation of Cellular Therapy (FACT). This accreditation confirms that PCT operates in compliance with the FACT-JACIE International Standards for Cellular Therapy Product Collection, Processing and Administration at both its Allendale, New Jersey and Mountain View, California sites.

FACT is an internationally recognized accrediting body for hospitals and medical institutions involved with stem cell transplant, and accreditation... More