On the Couch with Nathan Smith (Neuroscientific): Inside the StemSmart Strategy for Crohn's
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Welcome to the latest episode of On the Couch.
In this episode, Henry Jennings from Marcus Today sits down with Nathan Smith, CEO of Neuroscientific Biopharmaceuticals, to unpack how a differentiated mesenchymal stem cell therapy is progressing from acquisition to patient impact in refractory Crohn's disease.
With promising real-world data via special access programs, a clear regulatory path, and lean execution, the company is preparing for a focused Phase 2 push in 2026.
Topics covered in this episode:
- What the StemSmart MSC platform is – and why differentiation matters
- Special access program results in fistulising Crohn's
- Prior early-phase data and how it informs trial design
- Market size for refractory Crohn's and broader inflammatory targets
- Regulatory steps, including pre-IND and TGA interactions
- Manufacturing tech transfer with QGen and licensure plans
- 2026 milestones across CRO onboarding, trial initiation, and IP expansion
- Cash runway to trial start and approach to raising capital
- Competitive landscape and lessons from Mesoblast's US approval
- A CEO's take on what actually drives market value
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