BrainStorm Cell Therapeutics’ President and CEO to be Featured as Keynote Speaker at Cell Series UK 2019
October 24 2019 - 8:45AM
BrainStorm Cell Therapeutics Inc. (NASDAQ: BCLI), a leader in the
development of innovative autologous cellular therapies for highly
debilitating neurodegenerative diseases, today announced, Chaim
Lebovits, President and CEO, will serve as a Keynote Speaker at
Cell Series UK. Cell Series UK, will be held October 29-30,
2019, at London Novotel West, London, UK. The Conference,
organized by Oxford Global, is one of the foremost events in Europe
focused on regenerative medicine and cellular
innovation.
Ralph Kern MD, MHSc, Chief Operating and Chief
Medical Officer of Brainstorm, who will also participate at Cell
Series UK stated, “We are very pleased to have Chaim Lebovits
presenting at this prestigious conference where global leaders in
stem cell and regenerative medicine will have the opportunity to
learn more about NurOwn® and the critical research being conducted
by the Company. Mr. Lebovits’ Keynote Address, ‘Stem Cell
Therapeutic Approaches For ALS’, will be presented to leading
members of the scientific and business community including
potential partners and investors.”
About NurOwn®NurOwn® (autologous MSC-NTF cells) represent a
promising investigational approach to targeting disease pathways
important in neurodegenerative disorders. MSC-NTF cells are
produced from autologous, bone marrow-derived mesenchymal stem
cells (MSCs) that have been expanded and differentiated ex vivo.
MSCs are converted into MSC-NTF cells by growing them under
patented conditions that induce the cells to secrete high levels of
neurotrophic factors. Autologous MSC-NTF cells can effectively
deliver multiple NTFs and immunomodulatory cytokines directly to
the site of damage to elicit a desired biological effect and
ultimately slow or stabilize disease progression. NurOwn® is
currently being evaluated in a Phase 3 ALS randomized
placebo-controlled trial and in a Phase 2 open-label multicenter
trial in Progressive MS.
About BrainStorm Cell Therapeutics Inc.
BrainStorm Cell Therapeutics Inc. is a leading developer of
innovative autologous adult stem cell therapeutics for debilitating
neurodegenerative diseases. The Company holds the rights to
clinical development and commercialization of the NurOwn® Cellular
Therapeutic Technology Platform used to produce autologous MSC-NTF
cells through an exclusive, worldwide licensing agreement.
Autologous MSC-NTF cells have received Orphan Drug status
designation from the U.S. Food and Drug Administration (U.S. FDA)
and the European Medicines Agency (EMA) in ALS. BrainStorm has
fully enrolled the Phase 3 pivotal trial in ALS (NCT03280056),
investigating repeat-administration of autologous MSC-NTF cells at
six sites in the U.S., supported by a grant from the California
Institute for Regenerative Medicine (CIRM CLIN2-0989). The pivotal
study is intended to support a BLA filing for U.S. FDA approval of
autologous MSC-NTF cells in ALS. BrainStorm received U.S. FDA
clearance to initiate a Phase 2 open-label multi-center trial of
repeat intrathecal dosing of MSC-NTF cells in Progressive Multiple
Sclerosis (NCT03799718) in December 2018 and has been enrolling
clinical trial participants since March 2019. For more information,
visit the company's website.
Safe-Harbor
Statements
Statements in this announcement other than historical data
and information, including statements regarding future clinical
trial enrollment and data, constitute "forward-looking statements"
and involve risks and uncertainties that could
cause BrainStorm Cell Therapeutics Inc.'s actual results
to differ materially from those stated or implied by such
forward-looking statements. Terms and phrases such as "may",
"should", "would", "could", "will", "expect", "likely", "believe",
"plan", "estimate", "predict", "potential", and similar terms and
phrases are intended to identify these forward-looking statements.
The potential risks and uncertainties include, without limitation,
BrainStorm’s need to raise additional capital, BrainStorm’s ability
to continue as a going concern, regulatory approval of BrainStorm’s
NurOwn® treatment candidate, the success of BrainStorm’s product
development programs and research, regulatory and personnel issues,
development of a global market for our services, the ability to
secure and maintain research institutions to conduct our clinical
trials, the ability to generate significant revenue, the ability of
BrainStorm’s NurOwn® treatment candidate to achieve broad
acceptance as a treatment option for ALS or other neurodegenerative
diseases, BrainStorm’s ability to manufacture and commercialize the
NurOwn® treatment candidate, obtaining patents that provide
meaningful protection, competition and market developments,
BrainStorm’s ability to protect our intellectual property from
infringement by third parties, heath reform legislation, demand for
our services, currency exchange rates and product liability claims
and litigation,; and other factors detailed in BrainStorm's annual
report on Form 10-K and quarterly reports on Form 10-Q available
at http://www.sec.gov. These factors should be considered
carefully, and readers should not place undue reliance on
BrainStorm's forward-looking statements. The forward-looking
statements contained in this press release are based on the
beliefs, expectations and opinions of management as of the date of
this press release. We do not assume any obligation to update
forward-looking statements to reflect actual results or assumptions
if circumstances or management's beliefs, expectations or opinions
should change, unless otherwise required by law. Although we
believe that the expectations reflected in the forward-looking
statements are reasonable, we cannot guarantee future results,
levels of activity, performance or achievements.
CONTACTS
Corporate: Uri Yablonka Chief
Business Officer BrainStorm Cell Therapeutics Inc. Phone:
646-666-3188 uri@brainstorm-cell.com
Media:Sean LeousWestwicke/ICR PR Phone:
+1.646.677.1839sean.leous@icrinc.com
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