A Memorandum of Understanding (MOU) established PACT (Platform for Advanced Cellular Therapies) in December 2012 in agreement between the Medical University of Vienna, The Veterinary Medical University, The Ludwig Boltzmann Institute for Experimental and Clinical Traumatology and The University of Natural Resources and Life Sciences, Vienna (The Founding Members). Since then the Austrian Red Cross, Linz has become an Associate Member and a number of other distinguished Universities and Institutions have expressed an interest to join or support this initiative. Indeed, the concept has been introduced to a number of other Universities and Institutions throughout Europe and has received an overall positive response.
The PACT is therefore, an alliance amongst several key players in research, medicine, veterinary medicine and the life sciences. The objectives of the PACT association are to harvest the benefits of the potential synergies anticipated from creating an infrastructure (platform) that will accommodate a larger critical mass of interest, expertise and endeavour. It will be active in promoting or enabling meaningful collaborations and communications in the area leading to the establishment of advanced cellular therapies. It will operate in an environment of focused dialogue and consultation with those responsible for establishing standards of safety and efficacy in regulatory or ethical affairs and also attempt to address any socio-economic implications. It is expected that this approach can offer a model to accelerate the concept, development and application of cell based therapies or treatments with significantly positive outcomes to patients for the relief or even cure of diseases, conditions, the severe pain or suffering of animals and/or human beings.