Pluristem to Present at FDA Symposium
May 29 2013 - 4:00AM
Pluristem Therapeutics Inc. (Nasdaq:PSTI) (TASE:PLTR), a leading
developer of placenta-based cell therapies, announced today that
the company has been invited to present at the U.S. Food & Drug
Administration's (FDA) Medical Countermeasures initiative (MCMi)
which is sponsoring its 2nd annual Regulatory Science Symposium on
May 29-31, 2013 at FDA headquarters in Silver Spring, Maryland.
The FDA's Office of Counterterrorism and Emerging Threats,
Medical Countermeasures Initiative, invited Pluristem to present at
this symposium. William R. Prather RPh, MD, Pluristem's Senior Vice
President Corporate Development, will present Pluristem's patented
PLX (PLacental eXpanded) cell technology and its potential use in
the treatment of the complications arising from the acute radiation
syndrome (ARS). The data presented by Dr. Prather include
preliminary preclinical information on the radio-mitigating
activity of intramuscularly administered PLX-RAD cells generated in
collaboration with Professor Raphael Gorodetsky and his team at the
Biotechnology and Radiobiology Laboratory at the Sharett Institute
of Oncology at Hadassah Medical Center, Hadassit,Hadassah Medical
Organization (HMO), Jerusalem, the National Institute of Allergy
and Infectious Diseases (NIAID), Bethesda, MD, and the Berlin
Bradenburg Center for Regenerative Therapies (BCRT), Charite
University, Berlin.
Zami Aberman, Pluristem's Chairman and CEO, stated, "We are
proud to be invited to present data on the use of our PLX cells to
mitigate the harmful effects sustained from acute radiation injury.
This presentation is a supplement to the work currently being
performed by the National Institute of Allergy and Infectious
Diseases (NIAID), a part of the U.S. National Institutes of Health
(NIH), to evaluate our PLX cells in animal models of ARS."
About Acute Radiation Syndrome (ARS)
ARS represents a constellation of signs and symptoms that occur
between several minutes and several weeks after exposure to high
doses of ionizing radiation and affecting multiple organs such as
the hematological and gastrointestinal systems. The hematological
syndrome follows radiation damage to the bone marrow and is
characterized by severe decreases in red blood cells, white blood
cells and platelets that predispose afflicted individuals to
infection, bleeding and potential death.
The gastrointestinal syndrome follows radiation damage to the
gastrointestinal tract that can result in diarrhea, dehydration,
electrolyte imbalance and infection that can lead to death.
About Pluristem Therapeutics
Pluristem Therapeutics Inc. is a leading developer of
placenta-based cell therapies. The Company's patented PLX
(PLacental eXpanded) cells are a drug delivery platform that
releases a cocktail of therapeutic proteins in response to a host
of local and systemic inflammatory and ischemic diseases. PLX cells
are grown using the company's proprietary 3D micro-environmental
technology and are an "off-the-shelf" product that requires no
tissue matching prior to administration.
Pluristem has a strong intellectual property position,
company-owned GMP certified manufacturing and research facilities,
strategic relationships with major research institutions and a
seasoned management team. For more information visit
www.pluristem.com, the content of which is not part of this press
release.
The Pluristem Therapeutics Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=6882
Safe Harbor Statement
This press release contains forward-looking statements within
the meaning of the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995 and federal securities
laws. For example, when we discuss that the use of PLX cells could
potentially mitigate the harmful effects sustained from acute
radiation injury we are using forward-looking statements. These
forward-looking statements and their implications are based on the
current expectations of the management of Pluristem only, and are
subject to a number of factors and uncertainties that could cause
actual results to differ materially from those described in the
forward-looking statements. The following factors, among others,
could cause actual results to differ materially from those
described in the forward-looking statements: changes in technology
and market requirements; we may encounter delays or obstacles in
launching and/or successfully completing our clinical trials; our
products may not be approved by regulatory agencies, our technology
may not be validated as we progress further and our methods may not
be accepted by the scientific community; we may be unable to retain
or attract key employees whose knowledge is essential to the
development of our products; unforeseen scientific difficulties may
develop with our process; our products may wind up being more
expensive than we anticipate; results in the laboratory may not
translate to equally good results in real surgical settings;
results of preclinical studies may not correlate with the results
of human clinical trials; our patents may not be sufficient; our
products may harm recipients; changes in legislation; inability to
timely develop and introduce new technologies, products and
applications; loss of market share and pressure on pricing
resulting from competition, which could cause the actual results or
performance of Pluristem to differ materially from those
contemplated in such forward-looking statements. Except as
otherwise required by law, Pluristem undertakes no obligation to
publicly release any revisions to these forward-looking statements
to reflect events or circumstances after the date hereof or to
reflect the occurrence of unanticipated events. For a more detailed
description of the risks and uncertainties affecting Pluristem,
reference is made to Pluristem's reports filed from time to time
with the Securities and Exchange Commission.
This research has been funded in whole or in part with Federal
funds from the NIAID, NIH, under Contract No HHSN272201000046C.
CONTACT: Pluristem Therapeutics Inc.:
William Prather R.Ph., M.D. Sr. VP Corporate Development
1-303-883-4954
William.PratherMD@pluristem.com
Daya Lettvin
Investor & Media Relations Director
+972-54-674-5580
daya@pluristem.com