Northwire Canada EditionTuesday, August 25, 2026
Northwire
GOLD 4697.80 +0.4% SILVER 68.59 −1.4% COPPER 6.61 +0.3% OIL 85.01 −2.4% PALLADIUM 1359.75 +0.7% NVO 0.070 +0.0% SRA 0.780 +0.0% TUK 0.020 −20.0% GWM 0.610 −4.7% MINE 0.110 +0.0% EGM 0.100 +0.0% IRO 1.11 +2.8% CBR 1.41 +2.5% CTN 0.045 +0.0% GMX 2.06 +2.0% NPR 0.700 −2.8% CGD 1.28 +8.5% CRE 0.390 +13.0% PE 0.250 +0.0% PER 0.150 +7.1% SVRS 0.540 +8.0% GOLD 4697.80 +0.4% SILVER 68.59 −1.4% COPPER 6.61 +0.3% OIL 85.01 −2.4% PALLADIUM 1359.75 +0.7% NVO 0.070 +0.0% SRA 0.780 +0.0% TUK 0.020 −20.0% GWM 0.610 −4.7% MINE 0.110 +0.0% EGM 0.100 +0.0% IRO 1.11 +2.8% CBR 1.41 +2.5% CTN 0.045 +0.0% GMX 2.06 +2.0% NPR 0.700 −2.8% CGD 1.28 +8.5% CRE 0.390 +13.0% PE 0.250 +0.0% PER 0.150 +7.1% SVRS 0.540 +8.0%
Management

Hemostemix Appoints Renowned Vascular Surgeon and Principal Investigator, Dr. York Hsiang, as Business Consultant to Advance First Nations-Led Healthcare Partnerships

HEM · Price

Executive Summary

  • Hemostemix Inc. announced the appointment of Dr. York Hsiang, a renowned vascular surgeon and former principal investigator on its Phase II ACP‑01 trial, as a Business Consultant.
  • Dr. Hsiang will lead efforts to develop joint‑venture healthcare clinics on First Nations territories and advise on clinical staffing, commercialization pathways, and ethical scale‑up of the ACP‑01 therapy.
  • The appointment underscores Hemostemix’s strategy to expand access to its autologous stem‑cell product (VesCell™/ACP‑01) in Canada, Florida (SB 1768), and The Bahamas, with a focus on underserved Indigenous communities.

Key Details

  • Appointee: Dr. York Hsiang – Professor Emeritus of Surgery, University of British Columbia; former Principal Investigator for Hemostemix’s Phase II ACP‑01 trial.
  • Role: Business Consultant to advise on:
  • Joint ventures with First Nations governments for healthcare centers on sovereign territories.
  • Clinical staffing models, physician engagement, and standards of care for ACP‑01 delivery.
  • Strategic commercialization pathways in Canada, Florida (SB 1768), and The Bahamas.
  • Ethical scale‑up of ACP‑01 for patients lacking conventional treatment options.
  • Strategic Rationale: Aligns Hemostemix’s growth plan with Indigenous sovereignty, long‑term economic stewardship, capacity‑building, and culturally integrated care models.
  • Clinical Background: Dr. Hsiang contributed to the Phase II trial that demonstrated 0 % five‑year mortality, cessation of pain, and 83 % wound‑healing rates in chronic limb‑threatening ischemia (CLTI) patients.
  • Quotes:
  • “Since 2006…the answer has been an enthusiastic ‘Yes’…in 30 years of medical practice I have not witnessed a therapy as effective as ACP‑01.” – Thomas Smeenk, President & CEO.
  • “ACP‑01 is a dramatic game changer for suitable patients with no‑option CTLI…in 30 years of practice I have not seen a therapy as effective as ACP‑01.” – Dr. York Hsiang.

Notable Quotes

  • Thomas Smeenk, President & CEO: “Since 2006, the first question I have asked every principal investigator I meet is simple: ‘Doctor, does ACP‑01 work?’ Without exception…the answer has been an enthusiastic ‘Yes’.”
  • Dr. York Hsiang: “For peripheral arterial disease patients there are beneficial treatments…however, for no‑option CTLI patients a timely amputation was the only procedure offered. ACP‑01 is a dramatic game changer.”
Read the original news release →

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