BrainStorm Cell Therapeutics Inc. (OTCBB: BCLI), a leading developer of
adult stem cell technologies and therapeutics, announced today that the
prestigious Experimental Neurology Journal, published an article
indicating that preclinical studies using cells that underwent treatment
with Brainstorm’s NurOwn™ technology show promise in an animal model of
Huntington’s disease. The article was published by leading scientists
including Professor Melamed and Professor Offen of the Tel Aviv
University.
In these studies, bone marrow derived mesenchymal stem cells secreting
neurotrophic factors (MSC-NTF), from patients with Huntington’s disease,
were transplanted into the animal model of this disease and showed
therapeutic improvement.
“The findings from this study demonstrate that stem cells derived from
patients with a neurodegenerative disease, which are processed using
BrainStorm’s NurOwn™ technology, may alleviate neurotoxic signs, in a
similar way to cells derived from healthy donors. This is an important
development for the company, as it confirms that autologous
transplantation may be beneficial for such additional therapeutic
indications,” said Dr. Adrian Harel, BrainStorm’s CEO.
"These findings provide support once again that BrainStorm’s MSC-NTF
secreting cells have the potential to become a platform that in the
future will provide treatment for various neuro-degenerative diseases,"
says Chaim Lebovits, President of BrainStorm. "This study follows
previously published pre-clinical studies that demonstrated improvement
in animal models of neurodegenerative diseases such as Parkinson’s,
Multiple Sclerosis (MS) and neural damage such as optic nerve
transection and sciatic nerve injury. Therefore, BrainStorm will
consider focusing on a new indication in the near future, in addition to
the ongoing Clinical Trials in ALS.”
BrainStrom is currently conducting a Phase I/II Human Clinical Trial for
Amyotrophic Lateral Sclerosis (ALS) also known as Lou Gehrig’s disease
at the Hadassah Medical center. Initial results from the clinical trial
(which is designed mainly to test the safety of the treatment), that
were announced last week, have shown that the Brainstorm’s NurOwn™
therapy is safe and does not show any significant treatment-related
adverse events and have also shown certain signs of beneficial clinical
effects.
To read the Article entitled ‘Mesenchymal stem cells induced to
secrete neurotrophic factors attenuate quinolinic acid toxicity: A
potential therapy for Huntington's disease’ by Sadan et al. please
go to:
http://www.sciencedirect.com/science/article/pii/S0014488612000295
About BrainStorm Cell Therapeutics, Inc.
BrainStorm Cell Therapeutics Inc. is a biotech company developing adult
stem cell therapeutic products, derived from autologous (self) bone
marrow cells, for the treatment of neurodegenerative diseases. The
company, through its wholly owned subsidiary Brainstorm Cell
Therapeutics Ltd., holds rights to develop and commercialize the
technology through an exclusive, worldwide licensing agreement with
Ramot at Tel Aviv University Ltd., the technology transfer company of
Tel-Aviv University. The technology is currently in a Phase I/II
clinical trials for ALS in Israel.
Safe Harbor Statement
Statements in this announcement other than historical data and
information 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, including, inter alia, regarding safety and
efficacy in its human clinical trials and thereafter; the Company's
ability to progress any product candidates in pre-clinical or clinical
trials; the scope, rate and progress of its pre-clinical trials and
other research and development activities; the scope, rate and progress
of clinical trials we commence; clinical trial results; safety and
efficacy of the product even if the data from pre-clinical or clinical
trials is positive; uncertainties relating to clinical trials; risks
relating to the commercialization, if any, of our proposed product
candidates; dependence on the efforts of third parties; failure by us to
secure and maintain relationships with collaborators; dependence on
intellectual property; competition for clinical resources and patient
enrollment from drug candidates in development by other companies with
greater resources and visibility, and risks that we may lack the
financial resources and access to capital to fund our operations. The
potential risks and uncertainties include risks associated with
BrainStorm's limited operating history, history of losses; minimal
working capital, dependence on its license to Ramot's technology;
ability to adequately protect its technology; dependence on key
executives and on its scientific consultants; ability to obtain required
regulatory approvals; 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.
The Company does not undertake any obligation to update forward-looking
statements made by us.

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