FIRST ON FOX: An Israeli public company says it developed the "only cure for late-stage COVID" and said that the results of its phase II clinical trial, disclosed first to Fox News, revealed that patients suffering from severe cases of COVID-19 had a 94% survival rate after being treated with the drug. .

Israeli biotechnology company Bonus BioGroup’s cell therapy MesenCure was administered to 50 hospitalized COVID-19 patients suffering from life-threatening pneumonia and respiratory distress, the company said, noting that 47 of those patients had survived. .

Bronshtein said the phase II clinical trial, which recently concluded and took place in several medical centers in Israel, revealed that MesenCure can "save three out of four people that are at risk of dying" and "can reduce their hospital length of stay by half." He said it "will accelerate their healing in a way that will cause less permanent tissue damage and reduce the risk for ‘long COVID.’" .

The company noted that for each of the first 30 participants in the clinical trial, two patients, also suffering from severe cases, with similar ages and comorbidities, were selected to the "control group," which did not receive MesenCure.

The company also noted that about half of the patients with severe cases of COVID-19 who were treated with the therapy were discharged from the hospital up to just one day after the end of the treatment. 

Bonus BioGroup argued that it is "necessary to provide a therapeutic option for hospitalized, severe COVID-19 patients" given "vaccines reduce, but do not entirely prevent COVID-19 infection and severe illness, which is also the case with medications designed for at-home treatment of mild COVID-19 that may reduce, but not prevent hospitalization and severe illness."

"We have a drug that works and we want to put it to good use," Bronshtein told Fox News, adding that currently MesenCure is only available to COVID-19 patients suffering from severe cases through compassionate use in Israel. 

The Jerusalem Post reported in August that the Health Ministry had approved the expanded use of MesenCure, which helped 15 out of the 17 patients with severe cases of COVID-19 be released from an Israeli hospital one day after receiving their final dose

Following the results of the phase II clinical trial, Bronshtein said Bonus BioGroup is now seeking emergency use approval starting in Israel